SwissRe
About Swiss Re Corporate Solutions
Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.
Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces 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.
Head Hub Reserving CorSo Bratislava
About the Role
Excellent opportunity for an experienced P&C reserving actuary with IFRS knowledge! This is your chance to further develop your career within an international business environment. This position is embedded in the Swiss Re Corporate Solutions team Actuarial Management Global Hub, which is part of the Swiss Re Group Risk Management.
We are responsible for determining the technical reserves at adequate levels meeting all local statutory and US GAAP requirements globally. In addition, we are supporting Swiss Re Group in all actuarial risk management aspects in respect to Swiss Re Corporate Solutions (CorSo).
As the Head Bratislava Hub Reserving CorSo you will support to build up, develop and run a team of 3 actuarial professional based in Bratislava.
The main focus will be on the IFRS 17 project with involvement in the reserving, economic valuation and financial reporting for the full picture.
In this role you:
• Give training to team members on IFRS
• Support in the group IFRS 17 project and ensure the fulfillment of local requirements.
• Participate in the dry run of IFRS 17
• Support in the quarterly estimation of P&C insurance portfolio reserves (local statutory, US GAAP) including close cooperation with major internal partners (Claims, Underwriting, Pricing, Finance/Accounting)
• Support in estimation of the corresponding pay-out patterns serving as one of the input parameters for EVM and solvency and IFRS 17 calculations
• Contribute to other ad hoc analyses and tasks to support the members of the team
About You
• At least 10 years of experience in P&C (re-)insurance
• University degree in actuarial science or related field (mathematics or statistics)
• Qualified actuary of the Slovak Society of Actuaries or an internationally recognized association
• Experienced in people leadership roles - skilled at building collaboration as well as constructively challenging teams to produce focused business delivery
• Excellent understanding of IFRS 17 and US GAAP financial principles and reserving methods for P&C (re-)insurance business
• Additional experience in Solvency II/SST and Pricing of Corporate Business will be considered a plus
• Fundamental understanding of the insurance and reinsurance industry, and knowledge of the main products and services offered by Swiss Re and its competitors
• Expert in using actuarial and statistical software
• Proactive attitude with ability to prioritize, plan, and execute across multiple work efforts simultaneously
• Ability to successfully work together with different personal styles and cultures
• Flexible and ability to deliver on deadlines
• Proficient in written and spoken English, other languages (e.g. German, French, Spanish/Portuguese) are an advantage
We also collaborate in a flexible working environment, providing you with a compelling degree of autonomy to decide how, when and where we work most effectively!
The minimum gross monthly base salary for this role is 2600 EUR full time. Our final offer to you will be set up fairly, considering the skills and experience that you bring to the Swiss Re Group. You can look forward to extra rewards and benefits including an attractive performance-based bonus.
We are an equal opportunity employer, and we value diversity at our company. Our aim is to live visible and invisible diversity – diversity of age, race, ethnicity, nationality, gender, gender identity, sexual orientation, religious beliefs, physical abilities, personalities and experiences – at all levels and in all functions and regions. We also collaborate in a flexible working environment, providing you with a compelling degree of autonomy to decide how, when and where to carry out your tasks.
We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.
Reference Code: 110322
Contact: https://careers.swissre.com/job/Bratislava/767005101/
P&C Reserving Actuary for IFRS 17
About the Role
This is an excellent opportunity for a P&C reserving actuary to further develop your career within an international business environment! This position is embedded in the Swiss Re Corporate Solutions team Actuarial Management Global Hub, which is part of the Swiss Re Group Risk Management.
The main focus of the role will be on the IFRS 17 project with involvement in the reserving, economic valuation and financial reporting for the full picture.
In this role you:
• Support in the group IFRS 17 project and ensure the fulfillment of local requirements.
• Participate in the dry run of IFRS 17
• Support in the quarterly estimation of P&C insurance portfolio reserves (local statutory, US GAAP) including cooperation with major internal partners (Claims, Underwriting, Pricing, Finance/Accounting)
• Support in estimation of the corresponding pay-out patterns serving as one of the input parameters for EVM and solvency and IFRS 17 calculations
• Contribute to other ad hoc analyses and tasks to support the members of the team
Key factors to a successful fulfillment of these responsibilities are close interactions with the main internal partners, the motivation to deepen actuarial and financial knowhow as well as a proactive attitude.
About the Team
You will be part of the Swiss Re Corporate Solutions actuarial reserving team. We are responsible for determining the technical reserves at adequate levels meeting all local statutory and US GAAP requirements globally. In addition, we are supporting Swiss Re Group in all actuarial risk management aspects in respect to Swiss Re Corporate Solutions.
About You
• At least 3 years of experience in P&C (re-)insurance
• Good understanding of IFRS 17 and US GAAP financial principles and reserving methods for P&C (re-)insurance business
• Experienced in using actuarial and statistical software
• Qualified (or close to) actuary of the Slovak Society of Actuaries or an internationally recognized association
• Strong interpersonal as well as written and verbal English communication skills
• Proactive attitude with ability to prioritize, plan, and execute across multiple work efforts simultaneously
• Ability to successfully work together with different personal styles and cultures
We also collaborate in a flexible working environment, providing you with a compelling degree of autonomy to decide how, when and where we work most effectively!
The minimum gross monthly base salary for this role is 1700 EUR full time. Our final offer to you will be set up fairly, considering the skills and experience that you bring to the Swiss Re Group. You can look forward to extra rewards and benefits including an attractive performance-based bonus.
We are an equal opportunity employer, and we value diversity at our company. Our aim is to live visible and invisible diversity – diversity of age, race, ethnicity, nationality, gender, gender identity, sexual orientation, religious beliefs, physical abilities, personalities and experiences – at all levels and in all functions and regions. We also collaborate in a flexible working environment, providing you with a compelling degree of autonomy to decide how, when and where to carry out your tasks.
We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.
Reference Code: 110323
Contact: https://careers.swissre.com/job/Bratislava-P&C-Reserving-Actuary-for-IFRS-17/766999701/
Actuarial Analyst
About the role
As an Actuarial Analyst, you will be supporting our Swiss Re Corporate Solutions Property and Casualty lines of business. Corporate Solution is our insurance arm of the Swiss Re brand. This is an exciting and varied role for someone in the early stages of their career looking to gain exposure at a market leader in corporate risks and to develop their pricing and portfolio management expertise. The role will be involved in individual account deal pricing, development and improvement of our pricing models and act as consultant to underwriting on portfolio management and pricing topics for the EMEA region.
About the team
You will be part of Actuarial Insights, EMEA and will work with colleagues in various functions and locations in supporting deal pricing and the development and refinement of our pricing/costing framework. We are a global team and our members are of diverse nationality and educational background and have strong affinity to working in a dynamic, collaborative and learning environment.
Pricing, Modelling and Data Analytics
- Model and price deal transactions.
- Run portfolio analysis and develop management reports.
- Development and maintenance of costing parameters and tools in accordance to Swiss Re Group standards and business needs.
- Collect, collate and analyse data required for costing model and parameter update studies.
- Provide training on technical topics and tool usage.
- Participate in global projects when needed.
About you
Professional experience
Working experience in a multi-cultural and cross-functional environment.
Working experience in (re)insurance pricing and/or rating model and tool development would be an advantage.
Having experience in working in cross team projects would be preferred.
Educational level
Actuarial qualifications or Master's degree in Mathematics, Statistics, Economics, Physics or equivalent quantitative/statistical fields.
Language skills
Excellent command of the English language. German/French/Italian would be a plus.
Technical skills
Strong quantitative or statistical background. Deep understanding of actuarial models is a plus.
A proven understanding of programming languages such as R or Python is needed as is a passion for programming.
Able to review analytical results, derive recommendations and communicate implications to all partners.
Able to challenge and defend assumptions, methods and conclusions.
Personal Leadership Skills
Ability to work in an interdisciplinary and multi-cultural environment.
You take own initiative, are open and dependable; and demonstrate collaboration and intercultural competence.
You are oriented towards achieving high quality results and demonstrate ability to handle various tasks in a timely manner.
Strong client orientation.
The minimum gross monthly base salary for this role is 1200 EUR full time.
Our final offer to you will be set up fairly, considering the skills and experience that you bring to the Swiss Re Group.
You can look forward to extra rewards and benefits including an attractive performance-based bonus.
We are an equal opportunity employer, and we value diversity at our company. Our aim is to live visible and invisible diversity – diversity of age, race, ethnicity, nationality, gender, gender identity, sexual orientation, religious beliefs, physical abilities, personalities and experiences – at all levels and in all functions and regions. We also collaborate in a flexible working environment, providing you with a compelling degree of autonomy to decide how, when and where to carry out your tasks.
We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.
Reference Code: 110549
Contact: https://careers.swissre.com/job/Bratislava-Actuarial-Analyst/770644301/
UNIQA 4WARD
JUNIOR ACTUARY
Wage (gross): 1 500 EUR/month (the final level of salary is dependent on skills, knowledge and experience of a candidate).
Place of work: SKY PARK Offices, Bottova, Bratislava
Contract type: Full-time
Start Date: 01.02.2022
About the job:
Are you a reliable, proactive team player looking for a possibility to apply your analytical skills in an international environment? Would you like to be listened to and get full support in your personal and professional development? If yes, then join us on our exciting journey and become part of our team!
We offer an innovative opportunity to become a member of our UNIQuants which is a team that is responsible for a wide range of actuarial tasks in the insurance business across the UNIQA Group. The UNIQuants setup provides its members the unique chance to learn and get insights into both worlds of the actuarial field - Life and Non-life. You will be part of a small and flexible team, which opens opportunities to take on dynamic, new business roles. You will work with leading data modelling software and drive innovation and efficiency in all our processes. Besides, you can look forward to continuous knowledge exchange with experts from international business units across the whole UNIQA Group.
A day in the life of a Junior Actuary:
Depending on your focus area, you will:
• Be part of group wide implementation projects (Producing IFRS 17 cash flows, evaluating the development of Groups Non-Life portfolios)
• Contribute to the reserving calculations in the life and non-life insurance business
• Maintain, improve and optimize projection models in Prophet (Solvency II, MCEV)
• Develop IFRS 17 templates for roll-out to UNIQA’s subsidiaries, and maintain existing Solvency II and Embedded Value templates for the Group
Your required skills and qualifications:
• BSc or MSc degree in Actuarial science, Mathematics, Statistics, Physics or another quantitative field
• This position is suitable for fresh graduates
• Relevant professional experience is an advantage (e.g. Solvency II)
• Knowledge in basic mathematical modelling techniques
• Experience in Prophet and programming languages (SAS, R) is an advantage
• Proactive and reliable team player with developed problem-solving skills
• Independent, customer-oriented and self-reliant working style
• Proficient knowledge of MS Office, especially Excel; VBA programming is a plus
Employee benefits:
• Flexible working hours
• Brand-new office space
• Positive working atmosphere
• International working culture
• Welcoming onboarding experience
• Actuarial education
• Various employee benefits (13th salary + annual bonus, home office, social events)
Who we are:
We are a Bratislava based start-up company within the internationally renowned UNIQA Insurance Group. In the areas of Actuarial, Risk, Security Management, HR & Brand, we provide services to the UNIQA Headquarters in Vienna and all international business units in the CEE region.
If you want to know more about the UNIQA 4WARD way click here.
No need to wait any longer – apply now:
Don’t be afraid of not having all the listed qualifications. Apply anyway! We hire for attitude. Please provide your CV in English until 31.01.2022.
https://www.profesia.sk/praca/uniqa-4ward-organizacna-zlozka/O4108524
https://www.uniqa4ward.com/en/career.html
Colonnade Insurance S.A.
Colonnade Insurance S.A. (Colonnade) is a company registered in Luxembourg, wholly owned by Fairfax Financial Holdings Limited, established to strategically expand the Fairfax insurance business in Central and Eastern Europe. It operates through branches in Poland, the Czech Republic, Bulgaria, Romania, Slovakia, Hungary and a subsidiary in Ukraine.
Colonnade offers products for both individual and corporate clients and employs over 460 experienced specialists. Colonnade has been operating since 2016 and is constantly expanding its activities.
We are currently recruiting for the position of:
Senior Actuarial Analyst
Work location: Bratislava or Košice
Your tasks will include:
Pricing and Business Planning
Participation in development, recalibration and documentation of actuarial pricing models in line with agreed Group plan.
Performance monitoring of existing products.
Automation of existing actuarial reporting tools and creation of new ones using analytical tools (e.g. Power BI, R, Python)
Detailed segmentation analysis on relevant classes to identify areas of outperformance/underperformance and help inform underwriting decisions.
Providing actuarial support for the business plans.
Reserving
To undertake the quarterly reserving study for the branches using appropriate actuarial techniques to calculate the best estimate of reserves.
Identify classes for targeted review, focusing on the key areas and ensuring an appropriate level of involvement and an input from all key stakeholders. To present an outcome of the review to senior management as required.
Capital
Participation in the process of calculating the capital requirement (SCR) based on Solvency II in line with agreed timetable.
Leading of specific areas of SCR calculation as required.
Group
To provide contribution to Group wide projects relating to pricing, reserving or capital and any strategic initiatives (as required).
Our expectations:
• Obtained a numerate master’s degree (actuarial science or related subject of study)
• 2+ years relevant insurance market experience.
• Advanced level of MS Excel and VBA.
• Good knowledge of R (and/or Python), SQL and Power BI is an advantage.
• Knowledge of IFRS (especially IFRS 17) is an advantage
• Ability to communicate with both the local and the international branches.
• Fluent in English.
• Actuarial knowledge and working towards becoming a qualified Actuary.
• Ability to effectively manage own time to deliver individual and group wide objectives.
• Ability to establish and maintain effective working relationships across the Actuarial Function and across other internal departments in the international environment.
What can we offer you?
• Attractive remuneration depending on skills and stable employment
• 2 sick days
• Meal vouchers in amount 4.60 € or financial contribution for meals in amount 3,30 €
• Cell phone and laptop for personal use
• Support to obtain an Actuarial certificate at Slovak Society of Actuaries
• Rich benefits package (including life, accident and travel insurance, Multisport card)
• Edenred benefits card – you decide what benefit you want
• Contribution to your pension scheme
• ESOP – can participate after probationary period
• Respect for the work-life balance principle
• Work in an international environment
• Opportunity to improve professional qualifications (participation in courses and training)
• Friendly working atmosphere in an untraditional offices with café and relax zones
• Office in Bratislava – Digital park, Einsteinova or Kosice – BCT 2, Moldavská cesta 8 B
• Possibility to perform work from home during a pandemic and in a hybrid model after its end
Contact
Jiří Thomayer
Branch Actuary CZ / SK
Colonnade Insurance S.A., organizační složka
Na Pankráci 1683/127, 140 00 Praha 4
Česká republika
Mob.: +420 731 156 575 | Tel.: +420 234 108 402
E-mail: Jiri.Thomayer@colonnade.cz
Allianz
Senior Financial Risk Manager
- Bratislava
- Plný úväzok
- v ASP od 1 600 € + v ASDSS od 400 € (spolu od 2 000 €) mesačne/brutto v závislosti od skúseností a stupňa odbornosti kandidáta
Popis pracovného miesta
Úlohy súvisiace s oceňovaním a monitorovaním finančných a poistných rizík
Špecificky pre ASP: výpočet rizikového kapitálu za pomoci centrálnej aplikácie
Špecificky pre ASDSS: štatistické spracovanie dát a modelovanie finančných rizík za pomoci existujúceho modelu
Pre obe spoločnosti:
- realizácia a vyhodnocovanie pravidelných záťažových testov a analýz, komentovanie výsledkov
- monitorovanie limitov a ukazovateľov súvisiacich s finančnými a poistnými rizikami
- príprava správ a reportovanie výsledkov jednotlivých analýz, prípadne ich prezentácia
- spolupráca s členmi tímu ako aj s inými kolegami v rámci oboch spoločností, najmä s útvarom finančných aktuárov, investovania a upisovania
- spolupráca na rozvoji a posilňovaní systému správy a riadenia finančných rizík, napr. zvyšovanie efektivity a kvality jednotlivých procesov, činností, aktualizácia interných smerníc a postupov
Zamestnanecké výhody, benefity
- ríspevok na firemné životné poistenie až do výšky 5 % hrubej mzdy a zvýhodnené tarify na vybrané poistné produkty
- príspevok vo výške max. 235 € na diagnosticko-preventívne prehliadky alebo celoročnú zdravotnú starostlivosť, v prípade nevyčerpania príspevok 150 € na zdravotnú starostlivosť
- zákonny príspevok na regeneračný pobyt po 2 rokoch a k tomu 3 dni pracovného voľna navyše
- príspevok na stravovanie zamestnancov poskytovaný nad rámec zákona
- príspevok na Multisport kartu, resp. príspevok na letné tábory pre deti
- príspevky na skvalitnenie pracovných podmienok domáckeho pracoviska pre zamestnancov pracujúcich na teleprácu
- jednorázové finančné príspevky – napr. pri narodení dieťaťa, v prípade sociálne núdze
- náhrada mzdy pri práceneschopnosti nád zákonný rozsah
- Program nákupu zamestnaneckých akcií ESPP spoločnosti Allianz SE – príležitosť stať sa akcionármi Allianz
- Program zdravá firma – prednášky odborníkov zamerané na podporu zdravého životného štýlu
- Program duševného zdravia – 24/7 odborná psychologická pomoc na podporu duševného zdravia pre zamestnancov a aj ich rodinných príslušníkov
- atraktívne možnosti vzdelávania a osobného rastu – napr. bezplatné vzdelávanie na LinkedIn Learning a iných rozvojových platformách
- firemné víkendové akcie (Tímové hry Allianz, Stretnutie turistov, Antistres víkend, Deň detí, Mikuláš...)
- flexibilný pracovný čas, home office
- po skúšobnej dobe možnosť telepráce 3 dni v týždni
Osobnostné predpoklady a zručnosti
- vysokoškolské vzdelanie najmenej I. stupňa so zameraním na matematiku, štatistiku, financie, prípadne ekonómiu
- prax min. 5 rokov vo finančnom sektore a zároveň prax v oblasti analýzy finančných rizík alebo aktuárskych analýz veľkou výhodou
- znalosť anglického jazyka minimálne na úrovni B2
- znalosť práce s PC (Word, PowerPoint - pokročilý, Excel - expert)
- analytické myslenie, iniciatívnosť, samostatnosť
- zodpovednosť, zmysel pre detail a systematickosť
- kritické myslenie, prezentačné zručnosti
Informácie o výberovom konaní
Ak Vás naša ponuka zaujala, prihláste sa prosím do uvedeného výberového konania kliknutím na odkaz a pripojením Vášho profesijného životopisu.
Táto pracovná pozícia je na 2 súbežné pracovné pomery v dvoch spločnostiach, oba na kratší pracovný čas v určenom pomere k ustanovenému týždennému rozsahu pracovného času: Allianz - Slovenská poisťovňa (ASP) 80% a Allianz - Slovenská dôchodková správcovská spoločnosť (ASDSS) 20% v pomere 80:20, t.j. spolu 100% = 38,75 hod./týždenne.
Allianz sa ako zamestnávateľ riadi princípom rovnosti príležitostí a preto privíta všetky žiadosti o zamestnanie bez ohľadu na rasový alebo etnický pôvod, národnosť, vek, náboženské alebo iné presvedčenia, zdravotné postihnutie či sexuálnu orientáciu.
Deloitte
Senior Actuary Expert (f/m) -
Who we're looking for
Our growing actuarial team is looking for new colleagues to its regional team.
Required professional background and skills:
• University degree in actuarial science, quantitative finance / mathematics, economics or related field (similar position for undergraduate students is also available)
• Strong written and verbal English communication skills
• Creativity and analytical thinking, ability to solve complex problems
• Technical experience in, and understanding of, the business, financial reporting and portfolio valuations
• Be an expert in the modelling and financial reporting of the business; combining detailed knowledge of the business and modelling - ensuring the delivery of technically accurate, robust and well explained results to another actuary but also to wider business management
• Team player and team leading role
• Ideal candidate has at least 3 years of experience
Additional skills which will be favourably considered:**
• Candidates will ideally have experience of one or more of IFRS 17 (as key advantage), Solvency II, accounting, reserving, life or non-life insurance pricing
• Data analysis, data mining, predictive models (R, SAS, SpSS,…).
• Programming skills (VBA, C++, R), Prophet, etc.
• Willingness to travel (post-COVID) during engagements across Europe (Germany, Austria, Poland, Czech Republic
• Excellent MS Office skills, particularly Excel
Your future role
• Senior actuary leading the team
• Working and leading the various projects for the insurance companies locally but also internationally
• Deeper understanding and daily use of actuarial software (Prophet, CROS, SQL, SPSS, R, VBA, Tableau, etc)
• Cooperating with other senior consultants from the insurance business (IT, Lega, Audit…)
What we offer
• A unique opportunity to develop your insurance business understanding with a focus on key actuarial processes and techniques via participation in local and international projects
• Continuous training and career development opportunities while learning from a wide range of top professionals
• Great career development opportunities
• A wide range of professional development opportunities
• Interesting and challenging work
• Excellent international working environment
• Basic salary: EUR 2 800 gross per month. Part of the total compensation is also a variable component. A higher salary may be agreed, depending on professional qualifications and experience.
About Deloitte
Deloitte is a variety of people, experience, industries and services we deliver in 150 countries of the world. It is an intellectual challenge, a good starting point for your career, and an excellent opportunity for continuous development and gaining valuable life experiences. What you only must do is to take the first step – press the apply button and send us your CV, go through all the stages of the recruitment process and sign a contract with us. Deloitte is simply your best choice.
About the team
• We develop mathematical models for life and non-life insurance (we have more than 200 and we are very good at this).
• We assess methodologies of actuarial calculations and the quality and accuracy of their performance (IFRS 17, Solvency II, MCEV, GAAP).
• We participate in insurance company transformation projects - IFRS17 as hot topic
• We assess product profitability, improve pricing and the correct offer setup.
• We analyse data, derive assumptions and create predictive models.
• We propose and implement business decisions based on the performed analyses.
Recruitment Journey
Please send your application via our website. Create a profile and attach a CV in Slovak and English and a cover letter or update your existing profile.
Zurich Insurance Company Ltd
Actuarial Model Developer - junior
Want to become a member of an energetic diverse young team working on a key actuarial project on a global scale? We offer you possibilities to learn from Zurich professionals across globe and shape your future career path. We are looking for a person willing to work hard to improve her/his own strengths and skills to help the team in achieving challenging goals. Relevant previous experience is always of an advantage, but don’t be afraid to apply even without it. We want to meet motivated and talented people like you!
Responsibilities:
- Developing, maintaining and enhancing Life actuarial models,
- IFRS17 methodology development and implementation into central Zurich Group calculation engine,
- Testing and validating of actuarial systems according to Zurich defined Standards
- Cooperation with Zurich entities in different countries and helping to solve any locally identified issues
- Assisting in definition of the future IFRS17 internal reporting requirements
- Running Life actuarial models to perform various types of analysis in order to improve quality of an actuarial reporting
- Support of actuarial process improvements through automation and simplifications
Your skills and experience will ideally include:
- Communication skills, fluent in English, Inquisitive,
- Creativity, open minded and proactive approach,
- Willingness to embrace actuarial career,
- University degree in actuarial science, Statistics, Mathematics or similar.
- Experience with programming in any software of an advantage
- Experience with actuarial software Prophet of an advantage
Minimal monthly salary offered is 1400€ plus other pay elements based on your experience.
Contact: nikola.bilkova@zurich.com
Actuarial Model Developer for Spain
Want to become a member of an energetic, diverse young team working on a key actuarial project on a global scale? We offer you possibilities to learn from Zurich professionals across the globe and shape your future career path. We are looking for a person willing to work hard to improve her/his own strengths and skills to help the team achieve challenging goals. Relevant previous experience is always advantageous, but don’t be afraid to apply even without it. We want to meet motivated and talented people like you!
Your responsibility will be to support our business unit in Spain in the following areas:
- Developing, maintaining and delivering Life actuarial models
- IFRS 17 model development and implementation of the reporting close process
- Automation and optimisation of reporting close processes
- Running Life actuarial models required for various reporting exercises
- Testing and validating Zurich’s Life Business Units administration systems
- Following the Zurich methodology standards, including documentation requirements and control framework
Your Skills and Experience should ideally involve:
- Communication skills, fluent in English
- Creativity, open-minded and proactive approach
- Willingness to cooperate closely within an international team
- Willingness to embrace an actuarial career
- University degree in actuarial science, finance, statistics, mathematics or similar
- Experience with programming in any software of an advantage
- Experience with actuarial software Prophet of an advantage
Minimal monthly salary offered is 1400€ plus other pay elements based on your experience.
Contact: nikola.bilkova@zurich.com
Life Actuarial Developer - Senior
Want to become a member of an energetic diverse young team working on a key life actuarial project on a global scale? We offer you possibilities to work in an international environment and deepen your knowledge further, particularly in IFRS 17. We are looking for a person willing to take on responsibility for challenging methodological and development tasks in various actuarial or model development areas. Previous experience with life actuarial models and products is a must and understanding of IFRS17 Standard is of an advantage. Are you ready to take step forward in your career, we are happy to support you on your way!
Your main responsibilities will involve:
- Cooperation on IFRS17 methodology development and practical implementation
- Participation in global industry discussions on any outstanding IFRS17 open methodology topics
- Analysis of practical issues faced while implementing IFRS17 Standard across different Zurich operated entities
- Actuarial process review and analysis
- Cooperation on development of IFRS17 KPIs and various analysis to help in business steering
- Financial performance optimization
Your skills and experience will ideally include:
- Excellent communication skills in English,
- Ability to analyse and lead development of complex life actuarial topics
- Creativity, open minded and proactive approach, inquisitive
- University degree in actuarial science, Statistics, Mathematics or similar.
- Experience with actuarial software Prophet, RiskAgility or MG-Alfa is an advantage
- Experience with programming welcomed (e.g. Python)
- Strong understanding of life insurance products and their reporting under various frameworks (IFRS 4, MCEV, Solvency II)
- Previous experience in life actuarial (5+ years) is expected (pricing, valuation, risk management)
Minimal monthly salary offered is 3000€ plus other pay elements based on your experience.
Contact: nikola.bilkova@zurich.com
Life Actuarial IFRS 17 Methodology Lead 80-100%, temporary until end of December 2022 in Corporate Center in Switzerland
Are you interested in defining and refining methodology for the implementation of IFRS 17 for Life insurance and assess its implication on Group results? As a Methodology lead you will work closely with global IFRS 17 project team as well as various Finance functions, including FAR, PPM, IT, IR and others to effectively implement IFRS 17 and embed it into business as usual. You will be supporting the local and group technical implementation of the new accounting Standards, support the local businesses in understanding it, providing guidance and training, and reviewing the implementation and the financial impact assessment. The role requires appropriate understanding of the actuarial IFRS 17 methodology to provide support on specific technical implementation with guidance, training and support for the Business Units across the Group. This is a project role for 2 years with the potential for a more permanent role at the end of the project, subject to business approval.
What you will do
- Taking ownership of the Life Actuarial IFRS 17 methodology
- Communicate, align and syndicate methodology with relevant input providers and stakeholders
- Roll out methodologies to Life Actuarial and broader Finance community through constant training
- Communicate and socialize methodological changes across Group Actuarial and at business unit level
- Closely collaborate with other Finance functions on the implication of the methodology choices on the solutions design and their financial impacts
- Support the operationalization of IFRS17 methodologies from a process, system and data perspective
- Actively contribute to providing insight into the main drivers of profit under IFRS 17
What you bring
- Bachelor’s degree (or higher) in Mathematics/Statistics, Actuarial, Computer Science, Economics or similar
- 5 or more years of experience in financial industry, preferably in life economic valuation models and IFRS reserving
- Fully qualified actuary (per local society) or actively pursuing qualification
- Strong analytical skills and solution orientation
- Open to change, ability to focus on priorities, timely and effective work execution
- Communication, negotiation and persuasion skills in a business environment
- Ability to work independently, under pressure and conscious of deadlines
- Good project management skills, result-oriented work in a project environment
- Showing enthusiasm and having positive attitude
- Experience with actuarial systems (e.g. Prophet, Moses) will be an advantage
- Very good English skills, German will be an advantage
Contact: dusan.hutka@zurich.com
