Overview
Job Description:
Swiss Re is seeking motivated individuals for the Apprentice role to support our Actuarial Valuation Reporting and Analysis team. This is an opportunity to work with a global leader in reinsurance, supporting Life & Health (L&H) business across various geographies.
Key Responsibilities:
- Assist in quarterly valuation and reserving activities
- Prepare data for valuation models and maintain models
- Execute defined modeling processes, implement assumptions, perform runs, debug issues, and validate results
- Maintain audit trails and documentation of validations and checks
- Meet deliverables as per approved timelines
- Conduct user acceptance testing for system and model changes
- Drive improvements in existing model building and validation tools
- Investigate data/modeling issues, reconcile reports, and develop solutions
- Assist in special projects as required
Education Requirement: Bachelors in Actuarial Science, Mathematics, Statistics, Economics, Commerce, Engineering, or related disciplines; postgraduate candidates not eligible
Technical Skills Required: Actuarial concepts, MS Excel, VB Macros, SQL, data handling, debugging, validation, analytical tools
Key Qualifications:
- Graduate in Actuarial Science, Mathematics, Statistics, Economics, Commerce, Engineering, or related disciplines
- Enrolled as a student member of an actuarial professional institute (India/UK/US preferred)
- Strong grasp of fundamental actuarial concepts
- Proficient in MS Office Suite, particularly MS Excel; knowledge of VB Macros and SQL is an advantage
- Excellent analytical, organizational, and communication skills
- Ability to work independently, accurately, and meet deadlines
- Collaborative mindset to build positive relationships within teams and with stakeholders
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Education Requirements
- Bachelors in Actuarial Science, Mathematics, Statistics, Economics, Commerce, Engineering, or related disciplines
- postgraduate candidates not eligible
Eligible Batch Years
Swiss Re
Swiss Re is one of the world’s leading reinsurance companies, headquartered in Zurich, Switzerland. Founded in 1863, the company provides reinsurance, insurance, and other risk transfer solutions to clients across the globe. Its mission is to help the world manage risk and build resilience against natural disasters, economic volatility, and emerging threats. With a workforce of over 14,000 employees operating in more than 30 countries, Swiss Re is recognized for its strong financial stability, innovative risk modeling, and commitment to sustainability.
Swiss Re operates through three main business units: Reinsurance, Corporate Solutions, and Life Capital, serving insurers, corporations, and public sector entities. The company is known for its expertise in underwriting complex risks, including climate-related and cyber risks, and for leveraging advanced analytics to support decision-making. In recent years, Swiss Re has been actively involved in climate change initiatives, publishing research on global risk trends and partnering with governments to develop disaster resilience programs. Its consistent presence in the Fortune Global 500 underscores its position as a trusted leader in the global insurance and reinsurance market.
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Websiteswissre.com