At a Glance
- Tasks: Model and analyse financial data to drive innovative insurance solutions.
- Company: Join Swiss Re, a global leader in reinsurance and risk management.
- Benefits: Competitive salary, hybrid work model, and opportunities for professional growth.
- Other info: Inclusive culture that values fresh perspectives and innovation.
- Why this job: Make a real impact in the financial market while collaborating with diverse teams.
- Qualifications: STEM background with programming experience in quantitative modelling.
The predicted salary is between 46000 - 70000 £ per year.
Location: Folkestone, GB
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 cashflows 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 behavior experience to support assumption updates
- Support the onboarding of new transactions with technical precision and attention to details
- 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 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’re 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’re results‑oriented and excited about contributing to business growth through data‑driven insights.
Core Requirements
- 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 cashflows
Preferred Experience
- Relevant life insurance / reinsurance experience
- Variable Annuities, GMxB or Index‑Linked products
- Working knowledge of financial markets and financial mathematics
Additional Advantages
- 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, 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 as well as 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.
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. We cover both Property & Casualty and Life & Health. 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. We may use AI‑powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.
Financial Transactions Modeler (hybrid) in Folkestone employer: Hispanic Alliance for Career Enhancement
Swiss Re is an exceptional employer that fosters a collaborative and inclusive work culture, where your analytical skills as a Financial Transactions Modeler will directly contribute to our ambitious growth strategy in the reinsurance sector. Located in Folkestone, we offer a hybrid work model, competitive salary, and numerous opportunities for professional development, ensuring that every employee can thrive and make a meaningful impact in their role.
Contact Details:
Hispanic Alliance for Career Enhancement Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Financial Transactions Modeler (hybrid) in Folkestone
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, attend events, and connect with people on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to financial modelling and data analytics. We recommend doing mock interviews with friends or using online platforms to get comfortable with your responses.
✨Tip Number 3
Showcase your skills through projects or case studies. If you've worked on relevant financial models or analyses, be ready to discuss them in detail. This will demonstrate your expertise and passion for the role.
✨Tip Number 4
Apply directly through our website! It’s the best way to ensure your application gets seen. Plus, it shows you're genuinely interested in joining our team at Swiss Re.
We think you need these skills to ace Financial Transactions Modeler (hybrid) in Folkestone
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Financial Transactions Modeler role. Highlight your quantitative programming experience and any relevant projects in financial modelling or analytics.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're passionate about financial modelling and how your analytical skills can contribute to our growth strategy. Be specific about your experiences and how they relate to the responsibilities outlined in the job description.
Showcase Your Technical Skills:Since we're looking for someone with strong programming abilities, don’t forget to mention your proficiency in languages like Python, C++, or Java. If you have experience with stochastic modelling, make sure to highlight that too!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you're serious about 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 examples that showcase your ability to analyse and optimise financial market portfolios.
✨Understand the Business
Familiarise yourself with Swiss Re's growth strategy and how the Financial Market Portfolios team contributes to it. Being able to articulate how your role fits into the bigger picture will impress your interviewers and show that you're genuinely interested in the company.
✨Prepare for Technical Questions
Expect questions about stochastic modelling and programming languages like Python or C++. Review key concepts and be ready to solve problems on the spot. Practising coding challenges can help you feel more confident during the technical part of the interview.
✨Show Your Collaborative Spirit
This role involves working with cross-functional teams, so be prepared to discuss your experience in collaborative environments. Share examples of how you've successfully worked with others to tackle complex challenges, highlighting your communication skills and teamwork.
