Asset Management Product Control analyst

About Swiss Re

The Swiss Re Group 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. It anticipates and manages risk – from natural catastrophes to climate change, from ageing populations to cybercrime. The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 80 offices globally. It is organised into three Business Units, each with a distinct strategy and set of objectives contributing to the Group’s overall mission.

Do you have a passion for dynamic, fast and challenging job where you can develop yourself in world-class asset management environment? Are you interested in financial markets? Would you like to analyze performance of investments such as bonds and shares? We are looking for a highly motivated and result oriented colleague with outstanding problem-solving skills to join our Finance Asset Management team.

As a Product Controller you will be responsible for daily performance reporting as well as associated commentary and analysis on investment types including fixed income, equities, and derivatives products. The job itself along with the team's trainings framework and Swiss Re's knowledge-sharing culture offer excellent learning opportunities as you would have insights into how asset management works and how the performance of investments is reported to senior management. You will work closely with front office as well as finance reporting teams. Our team is multinational spread across various locations including New York, Zurich and London.

The Asset Management (AM) function manages the assets that Swiss Re generates through its core insurance and reinsurance businesses. We do so by using a robust asset-liability management process. In addition to matching assets and liabilities, the team optimizes risk-adjusted investment returns within defined risk limits. Our clients are the Business Divisions- Reinsurance, Corporate Solutions and Life Capital. Their portfolios are handled individually according to their needs and objectives.

Key responsibilities:
- You will produce daily & monthly management P&L performance reports for senior management
- You will analyze P&L attribution (allocation of P&L to various drivers) and relative performance versus commercial benchmarks
- You will prepare presentations including commentary for senior management
- You will be responsible for reconciliation of reported investment P&L against the accounting sub ledger, ensuring P&L matches the books and records
- You will also maintain a robust set of procedural controls around reporting processes - including escalation of adjustments as well as reporting aimed at senior management to highlight same
- You will also participate on various ad-hoc projects and requests