The job holder will be under the lead of the Head of Reserving P&C SID and China supporting both the Vice Presidents in the preparation of local and group reserves for Asian markets excluding Japan.
Specific responsibilities include but are not limited to the following:
Assist in the completion quarterly and annual valuations (statutory, US GAAP and IFRS17 bases) on assigned portfolios, for sign off purposes (key output: quarterly reserve reports and relevant local branch reporting) and be responsible for the valuation output to be prepared for the reviewing actuary.
Assist in Transaction and Special Deal reserving.
Assist in the preparation of the related analyses and documentation of the quarterly reserving process including the Business Unit Reserving Committee (BRC) meetings.
Support Actuarial & Reserving P&C Asia team's responsibility as a key input provider for business steering via operational and experience feedback on portfolios highlighting areas for improvement.
Assist in the preparation all local statutory reserving and reporting requirements of the regulators in the Swiss Re Asia P&C branches as assigned.
Establish and maintain a network of relationships with other internal partner functions.
Develop and maintain relationships with local actuarial and industry associations.
Work with regulators and internal/external auditors on routine and special matters.
Position Requirements:
Minimum of 6 years' experience in a Property & Casualty environment (insurance/reinsurance).
University degree in actuarial science or related field (mathematics or finance).
Actuarial trainee actively pursuing fellowship qualification with a recognised Actuarial professional body (eg. Australia, UK, USA, Canada).
Analytical skills, and the ability to handle both conceptual and practical issues.
Experienced in providing actuarial advice and support for specific lines of business reserves' results.
Strong knowledge of standard IT software (Excel, etc).
Excellent interpersonal, communication and influencing skills, particularly across different cultures (Asian diversity) and different functions (eg underwriting, finance, claims).
Ability to work under pressure and prioritize tasks accordingly.
About Swiss Re
Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.
If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
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