Life Risk Analysis & Development Actuary 80-100% Life Risk Analysis & Development Actuary 80-100% …

Zurich Insurance Company Ltd
in Zurich, Zurich, Switzerland
Permanent, Full time
Be the first to apply
Competitive
Zurich Insurance Company Ltd
in Zurich, Zurich, Switzerland
Permanent, Full time
Be the first to apply
Competitive
Zurich Insurance Company Ltd
Life Risk Analysis & Development Actuary 80-100%

Your Role

As a key member of the Group Actuarial Life Methodology and Development team you will support the development and implementation of various actuarial methodologies and processes in respect of the life insurance risk modelling across the Life segment for both internal and external purposes.

In this permanent position, you will have an outstanding opportunity to support diverse workstreams contributing to Zurich's economic capital calculations, encompassing the Swiss

Solvency Test, MCEV, IFRS 17 and Zurich's own internal capital modelling metrics. You will have the chance to gain detailed first-hand insights into each, from a truly global perspective, delivering insightful analysis to support the embedding of the approaches you develop. In so doing, you will need to build effective working relationships with diverse teams right across Zurich.

As a Life Risk Analysis & Development Actuary your main responsibilities will involve:

  • Providing actuarial support in respect of maintenance and development of the life insurance risk modelling and parameterisation in respect of the Group's Swiss Solvency Test and Zurich's Internal Economic Capital model

  • Reviewing, maintaining and developing existing actuarial methodology and related template tools in respect of life insurance risk capital model

  • Collaborating with local teams and group functions to support parameterization of life insurance risk capital models and global implementation of selected group-level life actuarial methodologies

  • Providing subject matter expertise and support in respect of other Group projects and initiatives that leverage the life insurance risk model such as IFRS 17 and MCEV

  • Keeping abreast of latest industry developments and best practice on life actuarial methodologies in respect of assigned aspects to provide corresponding advice and support, and inform development of methodology


Your Skills and Experience
As a Life Risk Analysis & Development Actuary your skills and qualifications will ideally include:
  • A minimum of 3 years' experience of life insurance or reinsurance either in a life office or consultancy

  • Prior experience of internal model development, calibration or validation, in respect of life insurance risks under the Swiss Solvency Test or Solvency II regime is desirable

  • Strong background in financial economics, statistics and / or actuarial science

  • Sound knowledge of risk and capital management techniques and theory

  • Fluent English and strong communication skills, both written and oral

  • Proficiency in VBA and other mathematical software programming languages e.g. R, Python would be beneficial

  • Highly cooperative, flexible, and enthusiastic team-player with strong sense of responsibility and adherence to deadlines

  • Excellent analytical and organizational skills

Company Overview

Who we are

Zurich is a strong brand - more than 1.4 million Swiss customers place their trust in our products and services. Our 53,000 employees worldwide form the basis of our success, helping our customers in 170 countries to understand and protect themselves from risk. In order to deliver our services, we offer our employees flexible working models and interesting opportunities for further training & development. As a Zurich employee, you benefit from a multitude of advantages as well as a strong culture, characterized by acceptance, diversity and team spirit.

At Zurich we are an equal opportunity employer. We attract and retain the best qualified individuals available, without regard to race/ethnicity, religion, gender, sexual orientation, age or disability.

Information for recruitment agencies

Zurich accepts no unsolicited applications from recruitment agencies for this position. We therefore request that recruitment agencies do not submit any candidate documents either via our employees or through our online career portal.

We refuse any responsibility for unsolicited applications as well as any associated fees. Thank you for your understanding.

 

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