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GI Actuary - Zurich

Date Posted
18th December 2014
Reference
Stone 6238
Sector
General Insurance
Job Type
Permanent
Location
Zurich
Benefits
Excellent Benefits
Salary
Negotiable

Job Description Apply: GI Actuary - Zurich

In this role, you will provide a high quality, cost effective actuarial service to the group actuarial department, provide support to the Chief Actuary, to business partners and pillar leads within group actuarial department. Furthermore, you will act as technical supervisor for more junior actuarial staff to ensure that team objectives are achieved.

Your role
As an Actuary GI your main responsibilities will involve:

  • Provide professional actuarial support including insights into underlying performance and implications for the business
  • Ensure that processes and standards are consistent with internal Zurich actuarial policies and guidance as well as existing regulations
  • Make informed actuarial recommendations based on professional judgment and experience
  • Coordinate, prepare and perform actuarial analyses including loss and premium projections, consultation on actuarial models, and risk based capital issues
  • Support Finance, market-facing business units, Claims, Risk, Capital Management, and other functions on reserving, portfolio pricing, and strategic business decisions
  • Ensure that the claims provisioning processes for assigned areas are appropriately governed in accordance with Group, Regional, and Local regulatory policies
  • Support actuarial services related to risk based capital model development, parameterization and allocation activities
  • Coordinate data analytics and/or reinsurance analysis
  • Participate in analyses related to mergers & acquisitions and/or special projects
  • Communicate models to audiences outside of department

Requirements

  • Bachelor´s degree in Mathematics/Statistics
  • Fully qualified actuary in a recognized actuarial body
  • 5 or more years of experience in related field
  • Knowledge of insurance industry coupled with experience gained in the insurance sector and in multiple functions
  • Advanced understanding of actuarial reserving and pricing concepts
  • Advance knowledge regarding finance and accounting
  • Experience with statistics and actuarial modeling
  • Pronounced analytical thinking
  • Strong English language skills (written and spoken)
  • Effective communicator
  • Advanced IT Skills in MS Office and Spreadsheet Software

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