Senior Actuarial Analyst

Place of work
Mlynské nivy 12, Bratislava
Contract type
Wage (gross)
Minimum base salary for this job from 1500 gross/month/full time. Our offer to you may be higher based on your skills and experience and will include additional rewards and benefits.*

Information about the position

Job description, responsibilities and duties

With the support of a wide range of Swiss Re experts, you will help the team grow presence in the EMEA markets, securing new distribution partnerships and building innovative product solutions. You will support all aspects of the pricing and actuarial product development of new protection products.
In this role, you will:
• Analyze business performance of open portfolios
• Support the maintenance of our costing basis
• Build and develop models and tools to assist with costing processes
• Support the pricing process, modelling new products and scenarios and helping prepare auditable documentation
• Production of existing business profitability reviews and portfolio analysis
• Development and production of management information reports on new business and inforce portfolio
• Set-up automated tools to report profitability
• Work with the wider team on ad-hoc analytical/data projects
• Test new systems and products
• Assist with business planning and projections
• Manage and support other actuarial analysts in the team
• Review and check the work of others
• Manage workloads and set priorities within the team.

About the Team
iptiQ EMEA is part of Swiss Re's Life Capital division which manages all our life & health primary insurance portfolios across Europe. iptiQ is a start-up, established to deliver outstanding protection solutions sold to consumers through Distribution Partners. iptiQ is a Luxembourg based insurer with Branches in UK, Ireland, Germany, France and the Netherlands.

Reporting to a Senior Pricing Actuary in one of our core locations, you will support iptiQ's Products & Pricing Team. This is a small but growing team spread across many locations in Europe. We are responsible for the design of life & health products and the setting of customer premiums as well as ongoing monitoring and profitability reviews.

Requirements for the employee

Candidates with education suit the position

University education (Bachelor's degree)
University education (Master's degree)
Postgraduate (Doctorate)

Language skills

English - Upper intermediate (B2)

Personality requirements and skills

We expect you to:
• Have an excellent command of English – our working language
• Hold graduate level qualifications in a numerical and analytical field or otherwise demonstrate strong skills in these areas
• Have a clear interest in, and understanding of, the insurance market
• Be proficient in MS Excel, incl. knowledge of VBA programming
• Have at least 5 years year's professional experience gained in an analytical role
• Possess strong verbal and written communication skills: the ability to communicate complex issues to others in a clear and concise way
• Demonstrate accuracy and commitment to quality
• Show integrity and consumer awareness.

• Experience in life insurance (product development, pricing, valuation)
• SAS or other statistical software
• Other European languages (German, French, Spanish, Polish or Dutch).

You are:
• Happy in an area that is fluid, developing and fast-moving
• Enthusiastic about working with international colleagues in a multi-cultural environment
• Comfortable managing multiple deliverables and reprioritisation
• Collaborative, engaging and positive
• Keen to work independently and collaborate actively with other team members as required especially in a virtual environment
• A fast learner able to grasp complex processes and projects.

*We are required by law to disclose basic wage component (minimum salary) for the advertised positions. We carefully consider your professional competencies, qualifications and experience in our compensation package and/or when offering you other positions. Our compensation philosophy is to pay fairly, also considering market situation and the value employees may bring to Swiss Re.

We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder


Brief description of the company

As the world 's leading reinsurance company, Swiss Reinsurance Company, based in Zurich, Switzerland, we specialize in covering concepts in capital and risk management.
We combine financial strength with experience, knowledge and creative thought to exploit new opportunities in the interests of our clients, staff and shareholders. Opportunities for you. Opportunities for us.

Number of employees

1700 and more employees

Company address

Swiss Re Management AG
Mlynske Nivy 12
81109 Bratislava
Learn more about working in Swiss Re Slovakia.

ID: 3412859  Dátum zverejnenia: 5.8.2019  Základná zložka mzdy (brutto) a ďalšie odmeny: Minimum base salary for this job from 1500 gross/month/full time. Our offer to you may be higher based on your skills and experience and will include additional rewards and benefits.*