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.
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
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 YouYou’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
- Relevant life insurance / reinsurance experience
- Variable Annuities, GMxB or Index‑Linked products
- Working knowledge of financial markets and financial mathematics
- 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
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 OpportunitySwiss 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 CandidatesIf 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) in London employer: Swiss Re
Swiss Re is an exceptional employer that fosters a collaborative and innovative 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 a hybrid work model that promotes work-life balance, making it an ideal environment for those passionate about financial modeling and data analytics.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Transactions Modeler (hybrid) in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Swiss Re. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Financial Transactions Modeler (hybrid) in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Swiss Re.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Swiss Re's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Swiss Re
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Swiss Re.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Swiss Re will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Swiss Re employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
