At a Glance
- Tasks: Collaborate globally to monitor portfolio risks and drive strategic projects.
- Company: Swiss Re is a leading provider of reinsurance, making the world more resilient.
- Benefits: Enjoy a flexible work environment with opportunities for personal growth and development.
- Why this job: Join a dynamic team that values creativity and problem-solving while making a real impact.
- Qualifications: Newly qualified Actuary or some experience in insurance; strong analytical and financial skills required.
- Other info: Fluency in an additional European language is a plus; inclusive culture encouraged.
The predicted salary is between 43200 - 72000 £ per year.
About the Team
The Portfolio Monitoring & Insights EMEA (PM&I EMEA) team works in close collaboration with various functions in Life & Health (L&H) and in partnership with Market Units in Continental Europe, UK & Ireland and Middle East & Africa. Our purpose is to generate insights and connect our business to proactively steer the business in delivering sustainable profits. We achieve this by strengthening feedback loops across L&H and by delivering portfolio monitoring capabilities. Now you can become a part of this international and dynamic team! We are an engaged and agile group of individuals with a distinct financial foresight and a flair for creativity and problem solving. By effectively applying our skills and collaborating across functions, we make a difference to our partners and generate value in our portfolio both for our clients and partners.
About the Role
This role provides an excellent opportunity to collaborate with various teams regionally and globally across the entire L&H business. In your role you will:
- Be the key partner for portfolio monitoring priorities in specific Continental European markets to identify and monitor key portfolio risks.
- Carry out proactive monitoring of the L&H portfolio and execute management actions including in-force rate reviews and material recaptures.
- Perform deep dive investigations to understand the drivers of performance and lead execution of relevant actions.
- Structure and lead strategic projects with partners across L&H Re.
- Use data analytics and visualisations to communicate portfolio performance, highlighting areas of concern and insights that steer business decisions.
- Analyse and interpret financial results under various valuation methods used within Swiss Re.
- Support the Chief Underwriting Officer review of Business unit Reserving Committee materials.
- Be a driving force behind initiatives to further embed and optimise how we monitor the in-force portfolio as well as identify and execute management actions under IFRS.
- Provide training and coaching in support of personal growth opportunities within the team and delivery of PSM objectives.
About You
We would like you to be/have:
- Newly qualified Actuary / some post qualification experience in the insurance / (re)insurance market.
- Inquisitive, pragmatic and commercial mindset.
- Understanding of various valuation methods including IFRS17.
- Strong financial acumen, ability to interpret financial results and formulate tangible actions.
- Analytical mindset with a passion for leveraging data and technology to steer business decisions.
- Experience with coding and data analytics tools (e.g. R, Power BI) would be an asset.
- An independent and creative thinker with proven negotiation skills and an ability to constructively challenge.
- Ability to think strategically combined with hands on approach to get things done and deliver value to Swiss Re and our clients.
- Excellent at networking, ability to engage and build positive relationships with various internal and external partners.
- Fluency in an additional European language is a plus.
We are looking forward to your application! We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.
About Swiss Re
Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world. Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. 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. If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
Portfolio Monitoring & Insights Actuary (80-100%) employer: Crossell
Contact Detail:
Crossell Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Portfolio Monitoring & Insights Actuary (80-100%)
✨Tip Number 1
Familiarise yourself with the specific portfolio monitoring tools and data analytics software mentioned in the job description, such as R and Power BI. Having hands-on experience or even a basic understanding of these tools can set you apart during discussions.
✨Tip Number 2
Network with current or former employees of Swiss Re, especially those in the Portfolio Monitoring & Insights team. Engaging in conversations about their experiences can provide valuable insights and potentially give you an edge in your application.
✨Tip Number 3
Stay updated on the latest trends and challenges in the Life & Health insurance sector, particularly in Continental Europe. Being able to discuss current issues and how they relate to portfolio performance will demonstrate your proactive approach and industry knowledge.
✨Tip Number 4
Prepare to showcase your analytical mindset by thinking of examples where you've used data to drive decisions or solve problems. Be ready to discuss these scenarios in detail during interviews to highlight your relevant skills and experience.
We think you need these skills to ace Portfolio Monitoring & Insights Actuary (80-100%)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Portfolio Monitoring & Insights Actuary role. Emphasise your actuarial qualifications, analytical mindset, and any experience with data analytics tools like R or Power BI.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the insurance and reinsurance market. Discuss your inquisitive nature and how it drives you to identify and monitor key portfolio risks, as well as your ability to communicate insights effectively.
Highlight Relevant Projects: If you've worked on strategic projects or have experience in portfolio monitoring, make sure to include these in your application. Detail your role, the challenges faced, and the outcomes achieved to demonstrate your capability in this area.
Showcase Your Soft Skills: In addition to technical skills, highlight your negotiation skills, ability to build relationships, and your creative thinking. These are crucial for collaborating with various teams and stakeholders within Swiss Re.
How to prepare for a job interview at Crossell
✨Showcase Your Analytical Skills
As a Portfolio Monitoring & Insights Actuary, your analytical mindset is crucial. Be prepared to discuss specific examples of how you've used data analytics and visualisations in past roles to drive business decisions. Highlight any experience with tools like R or Power BI.
✨Demonstrate Financial Acumen
Understanding various valuation methods, especially IFRS17, is key for this role. Brush up on these concepts and be ready to explain how you've applied them in your previous work. This will show your depth of knowledge and readiness for the position.
✨Prepare for Strategic Thinking Questions
Expect questions that assess your ability to think strategically while also being hands-on. Prepare to share instances where you've led projects or initiatives that required both strategic planning and practical execution to achieve results.
✨Highlight Your Networking Abilities
Building positive relationships is essential in this role. Think of examples where you've successfully engaged with internal and external partners. Discuss how you navigated challenges in these relationships and what you learned from those experiences.