Senior Life Actuarial Risk Analyst

Start your career at Zurich Insurance Company Ltd
Place of work
Contract type
Start date
By agreement
Basic wage component (gross) and other rewards
2040€/month plus other pay elements based on your experience*

Information about the position

Job description, responsibilities and duties

Your role
In this role, you will join a team of actuarial risk analysts in Bratislava supporting the internal model calculation of market risk in respect of the life business of the Zurich Group. You will be involved in centralized production of Replicating Portfolios for the Group’s life liabilities, prepare analyses and reports for senior management and perform ad-hoc analyses on life market risk.
Your main responsibilities will involve:
* Participate on Replicating Portfolio production for Market Risk Capital calculations to support actuarial team in Corporate Centre
* Produce regular analyses and reports in addition to ad-hoc analyses on market risk-related topics
* Participate on continuous improvements on process automation and methodologies
* Maintain the control framework for end-to-end production process
* Interact with a wide range of stakeholders across the whole Zurich Group and externally on market risk-related topics
* Support theoretical methodology developments and investigations on alternative proxy modelling techniques and calibration approaches (e.g. machine learning)

Your skills and qualifications will ideally include:
* Master in quantitative finance, mathematics or related subjects. Postgraduate degree or additional professional qualification is a plus (e.g. qualified actuary, FRM, CFA, etc.)
* More than 5 years of relevant actuarial working experience. Experience with Replicating Portfolios, proxy modelling techniques e.g. LSMC, and/or economic capital modelling is advantage.
* Sound knowledge of life insurance business and of risk capital management theory and practice
* Advanced IT skills. Experience with Excel and VBA is necessary
* Experience in Python, SQL and/or Matlab is a strong plus
* Interest in general in the topics of process automation, and improving process workflows
* Strong process and organizational skills; Prior management experience is a plus
* Excellent English communication skills (verbal and written)

Compensation: 2040€/month plus other pay elements based on your experience*

Additional Information
Primary work location is Bratislava, Slovakia. You can apply by clicking on the button “Apply online”
Who we are
Looking for a career that will excite, challenge and inspire you? Thinking about insurance? Perhaps you should. Working for us is a totally different experience to what you probably expect. How do you feel about the things you truly love? Don’t you want to protect them in the best way possible? Imagine if you could help people do this all over the world. You’d give them confidence and reassurance by protecting what they love most. This is no easy task. In today’s interconnected world, tackling risk is fast, unpredictable and invigorating. You’ll have to think on your feet as you manage risks big and small, from flooding to cyber crime. You’ll be tackling issues like these in over 170 countries. It’s a big challenge, but you’ll have a truly diverse network helping you. As part of an international team, every day would provide opportunities to learn, grow and share ideas.
As you make an impact across borders, you’ll feel the support of being part of a strong and stable company. A long-standing player in the insurance industry, we make every effort to address the career development needs and plans of our employees to ensure their success in the future.
So make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us. 
Zurich Insurance has the policy to be an equal opportunity employer. We aim to attract and retain the best qualified individuals available, without regard to criteria such as race/ethnicity, national origin, religion, gender, sexual orientation, age or disability.  

At Zurich we believe that having a culture of inclusion is essential in delivering good results. Attracting, retaining and developing a diverse workforce where employees feel valued, respected and empowered allows people to reach their full potential. As a business this diversity helps us to better reflect and understand our 4 million customers’ needs to allow us to drive better outcomes. As a global organisation, with an increasingly agile workforce, we're happy to consider flexible working arrangements.

Requirements for the employee

Candidates with education suit the position

Secondary with school-leaving examination

Language skills

English - Upper intermediate (B2)


Brief description of the company

Zurich Insurance Group, a global market leader established in 1872 in Zurich, has been successfully running a Service Center in Bratislava since 2006.
Currently 180 employees support Zurich Insurance Group and provides actuarial and financial services including actuarial modeling, reporting, software development & maintenance of financial data calculation, change management processes, support in Finance planning and performance management, IT enterprise application services, Claims analytics.
To get more information about the Group please visit

Number of employees

150-199 employees

Company address

Zurich Insurance Company Ltd, organizačná zložka
Nám. 1. mája 18
811 06 Bratislava


Contact person: dontapply dontapply
E-mail: send CV
ID: 3389463   Dátum zverejnenia: 15.5.2018  
Pracovná ponuka je prevzatá z inej stránky alebo zdroja.
Základná zložka mzdy (brutto) a ďalšie odmeny:   2040€/month plus other pay elements based on your experience*