Valuation Actuary (Hybrid; 80-100% working degree) at Swiss Re | GB | Rezi

Valuation Actuary (Hybrid; 80-100% working degree) at Swiss Re

Valuation Actuary (Hybrid; 80-100% working degree)

Swiss Re · GB

2 weeks ago

Valuation Actuary (Hybrid; 80-100% working degree)

Swiss Re · GB

16 days ago
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About the Role

This role is within the UK Market Unit of the L&H Valuation EMEA team, responsible for accurate and timely reporting of the UK Life portfolio across multiple valuation bases. It involves setting valuation assumptions and collaborating with cross-functional teams to achieve compliant valuation outcomes.

Responsibilities

  • Own reserve calculations under multiple reporting regimes (IFRS and Statutory), providing assurance on accuracy and key movement drivers.
  • Lead assumption reviews and loss ratio analyses, managing governance processes and presenting recommendations to Executive-level forums.
  • Enhance valuation approaches for material treaties, including implementing refined techniques and coordinating with cross-functional teams to ensure robust outputs.
  • Drive continuous improvement by applying technical expertise to resolve complex issues, challenging existing processes, and implementing sustainable solutions.
  • Maintain quality documentation while providing coaching and technical support to junior team members.

Requirements

  • Qualified or near-qualified Actuary.
  • Strong experience within reinsurance/insurance, preferably with a strong focus on valuation and reporting.
  • Solid understanding of Life & Health insurance products and reinsurance structures, particularly those written in the UK or other European markets.
  • Independent and pragmatic thinker, comfortable working with ambiguity and proposing effective, achievable solutions while aligning expectations with stakeholders.

Skills

  • Advanced Excel skills
  • Proficiency in actuarial or statistical software
  • Strong analytical skills
  • Ability to produce high-quality technical work
  • Motivated, proactive, and flexible approach
  • Ability to work effectively both independently and collaboratively
  • Independent thinking
  • Problem-solving abilities
  • Strong communication skills
  • Adaptability
  • Natural curiosity

Location

  • UK

Work Type

  • Hybrid
  • Full-time

Experience Level

  • Near-qualified Actuary
  • Qualified Actuary

Education Level

  • Actuary qualification

Salary/Compensations

  • 62,000 GBP - 94,000 GBP

About the Company

  • Swiss Re is a leading global provider of reinsurance, insurance, and insurance-based risk transfer solutions, focused on making the world more resilient.
  • We manage a wide range of risks, including natural catastrophes, climate change, and cybercrime, across Property & Casualty and Life & Health sectors.
  • We combine experience with creative thinking and cutting-edge expertise to develop new opportunities and solutions for our clients.
  • Our global team of over 14,000 employees fosters an inclusive culture that encourages fresh perspectives and innovative thinking.

Equal Opportunity

  • 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.
  • In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.
  • We encourage experienced professionals returning to the workforce after a career break to apply for open positions that match their skills and experience.