In-force Structuring Actuary

2 weeks ago


Sydney, New South Wales, Australia Swiss Re Full time
In-Force Structuring Actuary

About the Role


You are a creative thinker seeking an exciting opportunity to contribute to Life & Health Re's In-Force Optimisation (IFO) initiatives.

Your leadership in the global expansion of IFO will be demonstrated as you leverage your product knowledge to help design and execute on actions that will transform the global life and health balance sheet.


You will be responsible for networking with regional experts to develop and execute specific management actions that enhance the overall performance of Life & Health Re's in-force book of business.


Key responsibilities:

  • Synthesise the knowledge gathered through professional networking to develop a pipeline of prospective actions that will assist in achieving the IFO 5year Ambition, and advance the pipeline forward into executable transactions;
  • Partner with Regional Portfolio Steering & Monitoring teams (PSM) as well as key individuals within the Marketing Unit(s) via Smart Circle participation to identify regional & MU needs;
  • Engage with Finance colleagues to understand the levers within the IFRS reporting framework and characteristics of the existing balance sheet so the financial impacts of any management action is identified early in the process; and
  • Assist in Life & Health Re's retrocession plans, working closely with Alternative Capital Partners (ACP) as needed.

About the Team
You will be the primary point of contact for key stakeholders within the region regarding IFO in-force structuring initiatives.

The position reports directly to the Head of In-Force Structuring and will partner with other IFO resources within the region.


About You
You are a naturally inquisitive person who is self-motivated to engage with others in the quest for information. Your passion to perform is motivated by investigating sub-optimal financial positions and developing innovative tactics to mitigate/resolve these inefficiencies.

Essentials

  • Excellent knowledge of the life & health products within the region, especially profitability drivers and risk profiles, obtained via direct experience in costing, actuarial management, or similar roles;
  • Keen aptitude of decision making through analytical assessment along with professional judgement;
  • Must be able to concisely communicate a management action to key stakeholders and routinely engage with peers throughout the organisation via strong verbal and written communication abilities;
  • Strong organisation skills, able to prioritise multiple concurrent projects; and
  • You enjoy team collaboration and contributing to the broader team on local and global business initiatives.
Nice to haves

  • Indepth knowledge of the various local actuarial valuation requirements for our clients, by country;
  • Familiarity with general IFRS17 mechanics; impact assessments; and
  • Experience leading crossfunctional teams in implementation of management actions.


Leadership from Every Seat is our leadership ambition to empower all employees at Swiss Re to act as a leader and take ownership no matter where they sit in the organisation.

There are three leadership imperatives that guide us on how we lead at Swiss Re, one of which is to 'Be courageous'.

At Swiss Re, this is about taking personal accountability.

We are looking for team members who stand for integrity, improve continually and navigate ambiguity. This means having the courage to be curious and to stretch yourself beyond what you already know.

We want team members who drive change fearlessly and don't always opt for the easy option, and can stay calm, focused and resilient during difficult times.


Regardless of what position we have at Swiss Re, all of us can be courageous, which will also help us in our personal and professional growth.

Swiss Re offers modern hybrid working arrangements that allow all employees to adapt to changing work preferences.

We currently provide employees with attractive offices, competitive benefits such as 25 days annual leave, 15 days personal leave, work anniversary leave, salary continuance insurance, flu vaccinations and annual health checks.

We are an equal opportunity employer and value diversity at our company.

We do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.


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 inclus
  • Actuarial Analyst

    2 weeks ago


    Sydney, New South Wales, Australia SKL Actuarial Full time

    Our client is a multinational insurer looking for an actuarial analyst or a newly qualified actuary to join their pricing and analytics team. Responsibilities:Performs technical pricing analysis for flow business and structured products. Assesses the viability of proposed commercial rates Performs analysis and analytics of portfolio composition and...

  • Actuarial Analyst

    2 weeks ago


    Sydney, New South Wales, Australia SKL Actuarial Full time

    Posted Date 3 April 2024Job Type PermanentLocation SydneyIndustry General InsuranceContact Name Aliza Yau CAOur client is a multinational insurer looking for an actuarial analyst or a newly qualified actuary to join their pricing and analytics team.Responsibilities: Performs technical pricing analysis for flow business and structured products. Assesses the...

  • Lead Actuary/Analyst

    2 weeks ago


    Sydney, New South Wales, Australia SKL Actuarial Full time

    Our general insurance client is seeking a nearly/newly qualified actuary to join their team in a varied role working across reserving, pricing, product development, and underwriting. About the roleDesign, implement, and review reserving practices. Create, run and analyse technical reports for a range of stakeholders. Review the pricing structure of products...


  • Sydney, New South Wales, Australia Pacific Life Full time

    Job TitleCorporate Actuarial Analyst, AustraliaJob DescriptionThe RoleReporting to the Manager, Corporate Actuarial, this role will be involved in Pacific Life Re's financial reporting in respect of the Australian portion of the Company's in-force business. This includes the reporting of results based on US GAAP, Australian IFRS, LAGIC, Economic Capital and...


  • Sydney, New South Wales, Australia Pacific Life Full time

    Job TitleCorporate Actuarial Analyst, AustraliaJob DescriptionThe RoleReporting to the Manager, Corporate Actuarial, this role will be involved in Pacific Life Re's financial reporting in respect of the Australian portion of the Company's in-force business. This includes the reporting of results based on US GAAP, Australian IFRS, LAGIC, Economic Capital and...


  • Sydney, New South Wales, Australia Suncorp Group Full time

    The role Provide actuarial, analytical and technical support to the Commercial Valuation team. You will be the subject matter expert for one or more of the Team's processes and mentor more junior Analysts. In addition, you will also help drive/create/lead new processes and reporting requirements. What you'll do Provision of actuarial, analytical and...


  • Sydney, New South Wales, Australia Swiss RE Full time

    About the Role:We are seeking an experienced and client focused Portfolio Management Actuary to join our Portfolio Management team.The role will see you working to solve a variety of commercial problems to optimise and improve value generation on the in-force portfolio. This role is based in Sydney to support initiatives across the Australia and New Zealand...


  • Sydney, New South Wales, Australia SCOR Full time

    Key duties and responsibilities Under direct supervision, conduct analyses that adhere to actuarial standards of practice: select appropriate data sources and methods, make assumptions, recognize considerations and develop recommendations. Become familiar with data sources and requirements; retrieve and manipulate data. Analyse data on premium and claims for...


  • Sydney, New South Wales, Australia Vero Insurance Full time

    Jobs - Job Details - Senior Actuarial Analyst Careers at Suncorp Take the next step. Be part of something bigger at Suncorp. Senior Actuarial Analyst Job No: 671830 Sydney - Inner Suburbs & CBD Permanent Full Time Analyst Pay Band 4 Being a part of Finance & Advice at Suncorp Group means being switched on, endlessly curious and always adaptable. In...


  • Sydney, New South Wales, Australia Suncorp Full time

    Take the next step. Be part of something bigger at Suncorp.Being a part of Finance & Advice at Suncorp Group means being switched on, endlessly curious and always adaptable. In return, you'll be supported to bring your own ideas to the table and challenge conventions – with the aim of making life a little brighter, simpler and better for our customers and...


  • Sydney, New South Wales, Australia EFinancialCareers Ltd. Full time

    Principal Pricing Actuary General Re Corporation Sydney, Australia Principal Pricing Actuary General Re Corporation Sydney, Australia Posted 1 day ago Permanent Competitive Shape Your Future With Us General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000...


  • Sydney, New South Wales, Australia Gen Re Full time

    Your Role You will have a proven track record in leading the pricing of group insurance business and be demonstrably client centric with a strong desire to win new business and retain existing clients. This role will include the pricing of retail reinsurance business as required. As Principal Pricing Actuary for our Life Insurance Pricing Team based in...


  • Sydney, New South Wales, Australia eFinancialCareers Ltd. Full time

    Principal Pricing Actuary General Re Corporation Sydney, Australia Principal Pricing Actuary General Re Corporation Sydney, Australia Posted 1 day ago Permanent Competitive Shape Your Future With UsGeneral Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000...


  • Sydney, New South Wales, Australia iptiQ Full time

    About the RoleWe are looking for an experienced actuary with strong problem solving and critical thinking skills to join the iptiQ ANZ team.You will proactively engage with iptiQ group portfolio management team to align iptiQ ANZ activity to group requirements.Your responsibilities will include, however, are not limited to:Chairing the iptiQ ANZ In-force...


  • Sydney, New South Wales, Australia Gen Re Full time

    Shape Your Future With UsGeneral Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. It owns General Reinsurance Corporation and General Reinsurance AG, which conducts business as Gen Re.Gen Re delivers reinsurance solutions to the Life/Health...


  • Sydney, New South Wales, Australia Faraday Full time

    General Re Corporation, a subsidiary of Berkshire Hathaway Inc. , is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. It owns General ReinsuranceCorporation and General Reinsurance AG, which conducts business as Gen Re. Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty...


  • Sydney, New South Wales, Australia Macquarie Group Limited Full time

    Summary:The Structured Lending team within our Commodities and Global Markets business in Sydney, is currently hiring several analysts/associates to join a growing team with an active pipeline of debt investment transactions across a variety of industries in Australia and New Zealand with ambitions to grow internationally. The team specialises in complex...


  • Sydney, New South Wales, Australia ATLAS SP Full time

    About ATLAS SPATLAS SP Partners is a global investment firm that seeks to provide stable funding and capital markets services to companies seeking innovative and bespoke structured credit and asset-backed finance solutions. ATLAS SP's tenured experts work with clients to determine the best approach to optimize their capital and achieve their goals, across a...

  • Trading Analyst

    2 weeks ago


    Sydney, New South Wales, Australia TAL Full time

    Company DescriptionWelcome to This Australian Life.From the millions of Australians we protect, to those that make it happen every day at TAL, people really are what we're all about. We want to grow with you. Achieve with you. And support you to do your best work. That's why we're focused on developing leadership, promoting diversity, rewarding excellence...

  • Graduate Sme

    2 weeks ago


    Sydney, New South Wales, Australia WTW Full time

    Overview of the role:We are looking for a graduate Business Systems Analyst who will work as a Subject Matter Expert (SME) to join our agile team of highly skilled actuaries, financial modelling and software engineers. SMEs engage with stakeholders to develop a vision of how to achieve business goals. The SME then works closely with other team members to...