At a Glance
- Tasks: Model and analyse financial transactions to support growth strategies in insurance.
- Company: Join a leading global reinsurance company with a focus on innovation.
- Benefits: Competitive salary, hybrid work model, and opportunities for professional development.
- Other info: Collaborative team environment with excellent career growth potential.
- Why this job: Make a real impact by applying your analytical skills to complex financial challenges.
- Qualifications: STEM background with programming experience in quantitative modelling.
The predicted salary is between 60000 - 90000 £ per year.
Location: London, GB
About the Role
As a Financial Transactions Modeler you will sit at the intersection of financial markets and insurance, managing sophisticated portfolios key to Swiss Re L&H’s growth strategy. You will apply quantitative expertise to model, analyse and optimise financial market transformation portfolios, directly supporting our ambitious growth plans.
Key Responsibilities
- Develop and maintain stochastic cash‑flows models for bespoke insurance transactions exposed to financial market risks, focusing on Variable Annuities, GMxB and Index‑Linked portfolios.
- Standardise and automate transaction reporting processes for hedging, valuation and risk‑management purposes.
- Analyse biometric and policyholder behavioural data 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
The Financial Market Portfolios team is part of Life & Health Transactions and works closely with Licence & Health Structured Solutions, L&H Pricing & Structuring, Quantitative Analytics, Risk Management, Finance, Treasury and Asset Management to deliver innovative financial solutions 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 and want to apply quantitative skills to solve real‑world business challenges. Results‑orientation and excitement about contributing through data‑driven insights are essential.
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 or Python).
- Experience with stochastic modelling, preferably of financial market risks and insurance cash‑flows.
Preferred Experience
- Relevant life insurance / reinsurance experience.
- Experience with Variable Annuities, GMxB or Index‑Linked products.
- Working knowledge of financial markets and financial mathematics.
Additional Experience
- Data engineering.
- 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 towards it.
- L&H insurance portfolio management.
- IFRS 17, IFRS 9 and regulatory frameworks.
- Collaboration with Valuation, Treasury, Risk Management and Asset Management.
Compensation & Work Model
Base salary range: GBP 60,000 – 90,000 (full‑time equivalent). Salary is based on requirements, scope, complexity and responsibilities of the role and the applicant’s profile including education, qualifications, skills and experience. Hybrid work model: expected to be in the office at least three days per week.
EEO Statement
We are an equal‑opportunity employer and promote an inclusive culture where everyone can thrive and develop professionally regardless of gender, age, race, ethnicity, sexual orientation, or disability.
Financial Transactions Modeler (hybrid) employer: Hispanic Alliance for Career Enhancement
Swiss Re is an exceptional employer, offering a dynamic work environment in London where innovation meets collaboration. As a Financial Transactions Modeler, you will benefit from a hybrid work model that promotes work-life balance while engaging in meaningful projects that drive the company's growth strategy. With a strong focus on employee development and an inclusive culture, Swiss Re provides ample opportunities for professional growth and advancement in the fast-paced world of financial markets and insurance.
Contact Details:
Hispanic Alliance for Career Enhancement Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Financial Transactions Modeler (hybrid)
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even reach out to folks on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Ace the Interview
Prepare for your interviews by researching common questions and practicing your answers. We recommend using the STAR method (Situation, Task, Action, Result) to structure your responses. Show them your analytical skills and how you can contribute to their growth strategy!
✨Showcase Your Skills
Don’t just talk about your experience; demonstrate it! Bring along examples of your work or projects that highlight your quantitative expertise. We love seeing how you’ve tackled real-world challenges, especially in financial modelling or analytics.
✨Apply Through Our Website
Make sure to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of our team at Swiss Re.
We think you need these skills to ace Financial Transactions Modeler (hybrid)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Financial Transactions Modeler role. Highlight your quantitative programming experience and any relevant projects you've worked on, especially those related to financial markets or insurance.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're excited about this role at Swiss Re. Share specific examples of how your analytical skills and collaborative spirit have helped you tackle complex challenges in the past.
Showcase Your Technical Skills:Since this role requires strong programming abilities, be sure to mention your experience with languages like C, C++, Java, or Python. If you've worked with stochastic modelling or financial market risks, let us know!
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 shows your enthusiasm for joining our team!
How to prepare for a job interview at Hispanic Alliance for Career Enhancement
✨Know Your Numbers
As a Financial Transactions Modeler, you'll be dealing with complex financial data. Brush up on your quantitative skills and be ready to discuss specific models you've worked on. Prepare to explain how you approached modelling cash flows or risk management in previous roles.
✨Showcase Your Technical Skills
Make sure to highlight your programming experience, especially in languages like Python or C++. Be prepared to discuss any projects where you automated processes or developed stochastic models. This is your chance to demonstrate your technical prowess!
✨Understand the Business Context
Familiarise yourself with Swiss Re's growth strategy and how your role fits into it. Be ready to discuss how your analytical insights can contribute to their ambitious plans, particularly in relation to Variable Annuities and GMxB products.
✨Collaborate and Communicate
Since this role involves working with cross-functional teams, practice articulating your thoughts clearly. Think of examples where you've successfully collaborated with others to solve complex problems. Show that you're not just a numbers person, but also a team player!
