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.
