At a Glance
- Tasks: Model and analyse financial data to drive innovative insurance solutions.
- Company: Join a leading reinsurance firm with a focus on growth and collaboration.
- Benefits: Competitive salary, hybrid work model, and opportunities for professional development.
- Other info: Dynamic team environment with strong career growth potential.
- Why this job: Make a real impact in the financial market while developing your analytical skills.
- Qualifications: STEM background with programming experience in quantitative finance or analytics.
The predicted salary is between 46000 - 70000 £ per year.
Are you passionate about financial modeling and data analytics in the reinsurance space? Join our dynamic team where your analytical skills will directly contribute to our ambitious growth strategy! We're seeking a detail-oriented Financial Transactions Modeler who can translate complex financial data into actionable insights that drive our Financial Solutions portfolio forward.
About the Role
As a Financial Transactions Modeler, you'll be at the intersection of financial markets and insurance, helping manage sophisticated portfolios that are key to Swiss Re L&H growth strategy. You'll apply your quantitative expertise to model, analyze, and optimize our financial market transformation portfolios.
Key Responsibilities
- Develop and maintain stochastic cash‑flow models for bespoke insurance transactions exposed to financial market risks, with focus on Variable Annuities, GMxB, and Index‑Linked portfolios.
- Standardize and automate transaction reporting processes for hedging, valuation, and risk‑management purposes.
- Analyze biometric and policyholder behaviour to support assumption updates.
- Support the onboarding of new transactions with technical precision and attention to detail.
- Perform regular ad‑hoc investigations into existing processes and data (policy data, P&L attribution, reserving, etc.).
- Collaborate with cross‑functional teams across Swiss Re to improve the management of financial and biometric exposures.
About the Team
You'll be joining the Financial Market Portfolios team within Life & Health Transactions. Our team plays a crucial role in supporting the portfolio growth of Financial Solutions as part of Swiss Re L&H growth strategy. We work closely with multiple stakeholders, including L&H Structured Solutions, L&H Pricing & Structuring, Quantitative Analytics, Risk Management, Finance, Treasury, and Asset Management, to deliver innovative financial solutions that drive business growth and manage risk effectively.
About You
You are a curious, analytical thinker with strong technical abilities and a drive to understand underlying patterns in complex data. You thrive in collaborative environments where you can apply your quantitative skills to solve real business challenges. You are results‑oriented and excited about contributing to business growth through data‑driven insights.
Qualifications
- Academic background in STEM with hands‑on quantitative programming experience, preferably in quantitative finance, statistics, physics, or computer science.
- 4+ years of programming and debugging experience in quantitative modelling or analytics (preferably in C, C++, Java, Python).
- Experience with stochastic modelling, preferably of financial market risks and insurance cash‑flows.
- Relevant life‑insurance / reinsurance experience. Variable Annuities, GMxB or Index‑Linked products.
- Working knowledge of financial markets and financial mathematics.
Additional Experience (advantageous)
- Biometric experience studies, preferably using R or Python.
- Insurance structuring and pricing.
- Liability modelling with actuarial platforms such as Prophet/FIS IRS, AXIS, or MoSes/RAFM.
- Actuarial qualification or progress toward it.
- IFRS 17, IFRS 9 and regulatory frameworks.
- Collaboration with Valuation, Treasury, Risk Management, Asset Management.
Compensation & Work Model
The base salary range for this position is between GBP 46,000 and GBP 70,000 (full time equivalent). The specific salary offered considers: the requirements, scope, complexity and responsibilities of the role; the applicant's own profile including education/qualifications, expertise, specialisation, skills and experience.
Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week.
Financial Transactions Modeler (hybrid) employer: Crossell
At Swiss Re, we pride ourselves on being an exceptional employer that fosters a collaborative and innovative work culture. As a Financial Transactions Modeler, you'll benefit from our commitment to employee growth through continuous learning opportunities and exposure to cutting-edge financial solutions in the reinsurance sector. Our hybrid work model promotes flexibility while ensuring you are part of a dynamic team dedicated to driving business growth and managing risk effectively.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Transactions Modeler (hybrid)
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Swiss Re. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by diving deep into financial modelling and data analytics. Brush up on your knowledge of Variable Annuities and stochastic cash-flow models to impress the hiring team.
✨Tip Number 3
Showcase your analytical skills with real-world examples. Be ready to discuss how you've tackled complex data challenges in the past and how you can bring that expertise to the Financial Market Portfolios team.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Financial Transactions Modeler (hybrid)
Some tips for your application 🫡
Show Your Passion:When you're writing your application, let your enthusiasm for financial modeling and data analytics shine through. We want to see that you’re genuinely excited about the role and how your skills can contribute to our growth strategy!
Be Specific About Your Skills:Make sure to highlight your quantitative expertise and any relevant programming experience. We love details, so mention specific tools or languages you've used, like Python or C++, and how they relate to the tasks in the job description.
Tailor Your Application:Don’t just send a generic application! Take the time to tailor your CV and cover letter to reflect the key responsibilities and qualifications mentioned in the job description. This shows us that you’ve done your homework and are serious about joining our team.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Crossell
✨Know Your Financial Modelling Inside Out
Make sure you brush up on your financial modelling skills, especially in stochastic cash-flow models. Be ready to discuss how you've applied these techniques in past roles, particularly in relation to Variable Annuities or Index-Linked products.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical thinking by discussing specific examples where you've translated complex data into actionable insights. Think about times when your analysis directly contributed to business growth or improved processes.
✨Familiarise Yourself with the Team's Dynamics
Research the Financial Market Portfolios team and understand their role within Swiss Re. Be prepared to discuss how you can collaborate effectively with cross-functional teams, highlighting any relevant experiences you have in similar environments.
✨Prepare for Technical Questions
Expect technical questions related to programming languages like Python or C++. Brush up on your quantitative programming experience and be ready to solve problems on the spot, showcasing your debugging skills and understanding of financial mathematics.
