Corporate Actuary

2 weeks ago

Sydney, Australia Swiss RE Full time

**About the Role**

We are seeking an experienced and professional actuary, with expertise in delivering non-BAU tasks and projects.

Your main responsibilities will include, however, are not limited to:

- Coordinate and perform the experience investigations and annual commission resets for Swiss Re's large inforce portfolios;
- Supporting the design and regional user acceptance testing of Swiss Re's multi-year Valuation, Reporting and Analysis project;
- Aiding the integration and implementation of IFRS17 into BAU;
- Collaborate closely with claims, technical accounting and portfolio management to develop house views on problem portfolios;
- Support the Appointed Actuary in preparing Appointed Actuary advice on changes to terms of trade and large transactions; and
- Interact effectively with clients, reinsurance partners, regulators, internal and external auditors, and rating agencies, and actuarial management matters.

**About the Team**

Swiss Re Australia's Life & Health Actuarial Management team comprises approximately two dozen staff across our Sydney and Bangalore offices, responsible for delivering all actuarial reporting requirements and for developing a deep understanding of the diverse and complex reinsurance business in Australia and New Zealand.

Our team aims to proactively provide actionable insights to senior leaders locally and globally. We collaborate with cross functional teams throughout Swiss Re to help deliver efficiently implemented projects and reinsurance offerings to our clients. We are constantly striving to use the latest analytical tools to provide more insights to both our internal stakeholders and our clients, helping achieve our goal of making the world more resilient.

**About You**
- Fellow of Australian Institute of Actuaries qualification (or equivalent);
- 5+ years of experience in corporate actuarial or life & health insurance industry;
- At least 2 years in Australian or New Zealand life insurance valuations and local capital requirements;
- Knowledge of the Australian L&H market;
- Strong analytical skills and the ability to handle both conceptual and practical issues;
- Strong verbal and written communication skills;
- Ability to work independently, good judgement and business insight; and
- Enjoys team collaboration and contributing to the broader team on local and global business initiatives.

Knowledge of actuarial valuation systems, particularly AXIS, as well as experience with life insurance accounting, management reporting and actuarial valuation system implementation would be viewed favourably

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 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.

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