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: Inclusive culture that values diverse perspectives and encourages innovation.
- Why this job: Make a real impact in the financial market while working with cutting-edge technology.
- Qualifications: STEM background with programming experience in quantitative modelling.
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 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 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 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.
Inclusive Workforce
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where 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 Are Looking For Candidates Who Meet These 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.
The Following Experience Would Be Particularly Valuable
- 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 46,000 and GBP 70,000 (full time equivalent). The specific salary offered considers the requirements, scope, complexity and responsibilities of the role, and 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) in Folkestone employer: Swiss Re
At Swiss Re, we pride ourselves on being an exceptional employer that fosters a collaborative and inclusive work culture, where your analytical skills as a Financial Transactions Modeler will directly impact our ambitious growth strategy in the reinsurance sector. With a strong focus on employee development, we offer numerous opportunities for professional growth and innovation, all while enjoying the flexibility of a hybrid work model that promotes work-life balance. Join us in a dynamic environment where your contributions are valued, and you can thrive alongside passionate colleagues committed to driving meaningful change in financial solutions.
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 people in the industry, especially those at Swiss Re. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by diving deep into financial modelling concepts. Brush up on your quantitative skills and be ready to discuss how you've tackled complex data challenges in the past.
✨Tip Number 3
Showcase your analytical prowess! Bring examples of your work to interviews, especially any stochastic models or financial analyses you've done. This will help us see your skills in action.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining our team.
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 match 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. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity in our dynamic team!
How to prepare for a job interview at Swiss Re
✨Know Your Numbers
Brush up on your financial modelling skills and be ready to discuss specific examples of how you've applied them in past roles. Be prepared to explain complex concepts like stochastic cashflows or Variable Annuities in simple terms, as this shows you can communicate effectively with non-technical stakeholders.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical thinking by discussing how you've tackled real business challenges using data. Bring examples of how you've used programming languages like Python or R for quantitative analysis, and be ready to walk through your thought process during the interview.
✨Collaborate Like a Pro
Since the role involves working with cross-functional teams, think of examples where you've successfully collaborated with others. Highlight your experience in working with different departments, such as Risk Management or Finance, and how that contributed to achieving common goals.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's growth strategy and how the Financial Transactions Modeler role fits into it. This not only shows your interest in the position but also your understanding of the industry and the importance of data-driven insights in driving business growth.
