At a Glance
- Tasks: Model and analyse financial data to drive innovative insurance solutions.
- Company: Join Swiss Re, a leader in reinsurance with a collaborative culture.
- Benefits: Competitive salary, hybrid work model, and opportunities for professional growth.
- Other info: Dynamic team environment with strong career advancement potential.
- Why this job: Make a real impact in the financial market transformation with your analytical skills.
- Qualifications: STEM background with programming experience in quantitative modelling.
The predicted salary is between 60000 - 90000 £ 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 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 and works 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.
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 cashflows.
Preferred Experience
- Relevant life insurance / reinsurance experience.
- Variable Annuities, GMxB or Index‑Linked products.
- Working knowledge of financial markets and financial mathematics.
Additional Experience That Would Be An Advantage
- 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 60,000 and GBP 90,000 (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.
Equal Opportunity
Swiss Re is an equal‑opportunity employer. We welcome applications from people of all ages, genders, races, ethnicities, sexual orientations, abilities, and backgrounds.
Additional Information for Candidates
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.
Financial Transactions Modeler (hybrid) employer: Swiss Re
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 not only have the opportunity to apply your quantitative expertise in a dynamic reinsurance environment but also benefit from our commitment to employee growth through continuous learning and development. With a hybrid work model and a focus on diversity and inclusion, we ensure that every team member feels valued and empowered to contribute to our ambitious growth strategy.
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 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
Don’t forget to apply 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 joining 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 align with the Financial Transactions Modeler role. Highlight your quantitative programming experience and any relevant projects that showcase your analytical abilities.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're passionate about financial modeling and data analytics in the reinsurance space. Share specific examples of how you've used your skills to drive results in previous roles.
Showcase Your Technical Skills:Since we're looking for someone with strong programming skills, be sure to mention your experience with languages like C, C++, Java, or Python. If you've worked on stochastic modelling or financial market risks, let us know!
Apply Through Our Website:We encourage you to apply directly through our website for a smoother application process. This way, we can easily track your application and get back to you faster!
How to prepare for a job interview at Swiss Re
✨Know Your Financial Modelling Inside Out
Make sure you brush up on your financial modelling skills, especially in relation to stochastic cashflows and the specific products mentioned like Variable Annuities and GMxB. Be ready to discuss how you've applied these skills in past roles and how they can benefit the team.
✨Showcase Your Analytical Mindset
Prepare examples that highlight your analytical thinking and problem-solving abilities. Think of situations where you've translated complex data into actionable insights, as this is key for the role. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Familiarise Yourself with Cross-Functional Collaboration
Since the role involves working with various teams, be prepared to discuss your experience in collaborative environments. Highlight any projects where you worked alongside different departments, focusing on how you contributed to achieving common goals.
✨Understand the Regulatory Landscape
Brush up on IFRS 17 and IFRS 9, as well as any relevant regulatory frameworks. Being able to discuss how these regulations impact financial modelling and risk management will show that you're not just technically skilled but also aware of the broader context in which you'll be working.
