Senior Actuarial Modelling Analyst
Swiss Re
Cape Town, South Africa
6d ago

Senior Actuarial Modelling Analyst

About Swiss Re

Swiss Re Reinsurance provides clients and brokers with reinsurance products, insurance-based capital market instruments and risk management services.

Reinsurance operates globally through two segments Property & Casualty and Life & Health. Reinsurance revenues totalled USD 29 billion in 2016.

About the Role

An exciting opportunity for a skilled actuarial professional to join the MCoE team has become available.

As a qualified / nearly qualified actuary with 4+ years of life insurance / reinsurance experience, the successful candidate will be able to demonstrate sound technical actuarial knowledge and experience using actuarial models, specifically cashflow projection models.

This includes the ability to analyze and assess the validity of model outputs and to document and communicate findings effectively to stakeholders.

Experience testing actuarial models is beneficial but not required.

The MoSes actuarial models within the MCoE's remit are used by teams responsible for financial reporting, pricing and business steering across the UK, Continental Europe, Asia, Latin America, Africa, and Australia.

This role will offer a great opportunity to learn about Life and Health reinsurance business across all of these markets.

Knowledge of the insurance business in these markets is beneficial but not required.

About the Team

The MoSes Modelling Center of Excellence (MCoE) is a large global team, responsible for creating and maintaining the Moses actuarial models across 7 Swiss Re Life and Health Reinsurance locations.

With a current team size of 15 based across 3 locations, the MCoE's remit spans from understanding requirements from our regional stakeholders, through to the development, testing, quality assurance, maintenance and on-going support of MoSes

The MCoE in the wider context of Swiss Re Reinsurance is part of the Life & Health Business Management division, which is responsible for the inforce management of Swiss Re's global L&H Reinsurance business.

About You

The successful candidate will be able to :

  • Demonstrate proficiency in working with actuarial projection models (MoSes / RAFM advantageous), MS Excel, VBA and other spreadsheet and database packages
  • Develop and improve testing tools, including Excel VBA based test engines
  • Effectively and accurately participate in reconciliation and analysis of the projected cashflows and be able to explain differences, to ensure the outputs are aligned with the business requirements and user acceptance criteria agreed
  • Prepare documentation, reports and other documentation
  • Walk stakeholders through results and provide support on understanding analysis outcome
  • Communicate effectively, both in writing and verbally, with stakeholders spread over several locations. This will include virtual meetings across multiple Swiss Re locations
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