Analytics Actuary

  • 36711
  • Non-Life - Actuarial
  • |
  • Switzerland
  • |
  • Jan 30, 2020
Reinsurance
RESPONSIBILITIES
  • Maintain and further expand Pricing & Modelling - deliverables to the groupwide IFRS17-project.
  • Produce analytics and reports to ensure compliance with requirements.
  • Prepare various impact studies and review the current risk adjustment and expense calibration.
  • Support the pricing and underwriting community in understanding and interpreting the IFRS17 results in comparison other internal KPIs.
  • Produce analytics and reports for different stakeholders’ post renewal and during renewal.
  • Manage global projects or pro-actively support them.
  • Coordinate with other stakeholders the design of the shared data, for instance with Underwriting, Planning, Finance, Reserving, Risk Management, and other functions.
  • Develop an understanding of common fields and bases for comparisons between Pricing, Underwriting and Finance.
  • Provide analytical support to maintain global pricing parameters and prepare impact studies ahead of the renewals.
  • Support the review of the internal capital allocation and internal expense allocation parameters and continuously improve the methods.
  • Participate in communication and knowledge sharing of the methods.
  • Develop models and maintain the pricing studies and documentation for Solvency II.
  • Support and develop the annual portfolio analysis exercise.
  • Be the link between the pricing function and experts/responsible from the Group and other functions in the division with regards to regulatory matters.
  • Validate and provide back testing results to the Underwriting Risk in the Internal Model.
  • Develop the code, support actuarial testing and maintenance of the tools.
  • Collaborate with the pricing community worldwide to develop and implement new ideas and contribute to the documentation inventory of the tools.
  • Expand pricing skills to be able to support training and education on the use of tools and its output.
  • Coordinate with stakeholders to ensure direct user feedback and findings from various sources are used to further enhance the systems.
  • Support local pricing resources during busy renewal period.
  • Support various global pricing projects and communicate efficiently with local pricing teams.
  • Participate in cross reviews.
QUALIFICATIONS
  • Master degree in Mathematics, Actuarial Science, other scientific discipline, or Finance.
  • P&C actuarial background - minimum of 3 years - preferably with Pricing and/or Reinsurance.
  • Stays up-to-date with new/emerging knowledge in actuarial pricing as well as in respect of major market and underwriting related issues.
  • Contributes to create viable and innovative solutions that outperform competitors and differentiates the company.
  • Shares know-how and technical knowledge with team members.
  • Ensures co-operative spirit and energizes others by showing pride to be part of the team.
  • Excellent technical capabilities in actuarial pricing, and practical experience in the reinsurance industry.
  • Capable to deliver on projects independently with little support from manager.
  • Provides high quality work to the team and develops a good understanding of the global markets and the various lines of business and products.
  • Strong collaborative spirit with experience in project leadership as well as strong social and communication skills.
  • Excellent mathematical modelling and statistical programming skills,
  • Sound working knowledge with SQL, R or Python.