Life Risk Actuary

  • 34582
  • Life - Actuarial
  • |
  • Switzerland
  • |
  • Jan 23, 2019
Insurance
RESPONSIBILITIES
  • Providing expert actuarial support in respect of maintenance and development of the life insurance risk modelling and parameterization in respect of the company’s Swiss Solvency Test and Internal Economic Capital model.
  • Reviewing, maintaining and developing existing actuarial methodology and related template tools in respect of life insurance risk capital model.
  • Collaborating with local teams and group functions to support parameterization of life insurance risk capital models and global implementation of selected group-level life actuarial methodologies.
  • Providing subject matter expertise and support in respect of other projects and initiatives that leverage the life insurance risk model such as IFRS 17 and MCEV.
  • Keeping abreast of latest industry developments and best practice on life actuarial methodologies in respect of assigned aspects to provide corresponding advice and support, and inform development of methodology.
QUALIFICATIONS
  • Qualified or nearly qualified actuary.
  • A minimum of 5 years’ experience of life insurance or reinsurance either in a life office or consultancy.
  • Prior experience of internal model production or internal model development in respect of life insurance business is highly desirable.
  • Strong background in financial economics, statistics and / or actuarial science.
  • Sound knowledge of risk and capital management techniques and theory.
  • Fluent English and strong communication skills, both written and oral.
  • Proficiency in VBA and other mathematical software programming languages e.g. R, Matlab, Python would be beneficial.
  • Detailed knowledge of one or more economic solvency regimes e.g. Swiss Solvency Test or Solvency II is a distinct advantage.
  • Highly cooperative, flexible, and enthusiastic team-player.
  • Strong sense of responsibility and adherence to deadlines.
  • Excellent analytical, organizational and project management skills.