Senior Reserving Actuary

  • 38311
  • Non-Life - Actuarial
  • |
  • Switzerland
  • |
  • Oct 2, 2020
  • |
  • German
Reinsurance
RESPONSIBILITIES
  • Support the quarter close process, with responsibility for selected lines of business.
  • Manage explanation of results and preparation of reports for selected lines of business, liaising with the technical controlling team.
  • Lead the reserving of a global specialty line of business, manage quarterly communication to P&C BUs Finance, Claims, Underwriting and Pricing and coordinate with local reserving managers across P&C Reserving.
  • Work closely with underwriting, claims, actuarial pricing and technical accounting/controlling to answer queries or address cross functional issues.
  • Support the Appointed Actuary with the review of the internally assumed business and other related matters.
  • Interact with reserving teams from other Hubs of P&C BU, in particular through worldwide working groups to improve actuarial practices within the P&C Business Unit and separately to gain understanding of the internally assumed business to the company.
  • Support other team members with implementation of new methodologies, automation and new IT tools related directly or indirectly to reserving tools.
  • Support the P&C Business on other tasks.
  • Participate in global projects - this might involve but is not limited to Global P&C reserving projects.
  • Contribute to the training, knowhow transfer and development of the more junior members within the team.
QUALIFICATIONS
  • University degree preferably in Actuarial Science, Mathematics/Statistics or discipline with focus on quantitative Finance.
  • Fully Qualified Actuary.
  • Business proficiency in English, both written and spoken; good conversational skills in German desired.
  • Around 5 to 7 years practical working experience in Reserving or Pricing in an Actuarial department of an Insurance / Reinsurance/ Consulting company.
  • Strong communication skills - written and oral.
  • Good social skills required, enjoys working in a team environment and sharing knowledge.
  • Good analytical skills with the ability to understand numbers and analyze drivers of changes in results.
  • A proactive personality with a solution-oriented approach and capable of working efficiently across cultural boundaries.
  • Knowledge of reinsurance.
  • Knowledge of finance and accounting, ideally familiarity with IFRS 17.
  • Knowledge in data science and experience with large datasets and databases would be an advantage.
  • Computer skills.
  • Advanced Microsoft office skills in particular Excel and Word.
  • Knowledge of programming languages such as VBA, R or Python.
  • Knowledge of Tableau or other data visualization tools.
  • Knowledge of the reserving tool ResQ and Business Objects would be an advantage.