Job Description

About the L&H Valuation team

The Life & Health Valuation team has 400+ employees and is organized between regional and central teams.

We work as a global team in close collaboration with colleagues across actuarial, finance and risk functions in locations including London, Zurich and Bangalore. As our IFRS valuation systems and processes continue to evolve, our focus is on improving efficiency, strengthening insight and building new capabilities to better support business decision-making.

About the Role

This is an excellent opportunity for an early-career actuary to gain broad exposure across valuation, finance, risk and business performance in a global reinsurance environment. The role offers a unique combination of reporting, analysis, stakeholder engagement and project work, with regular visibility to senior leadership and the chance to contribute to key business decisions.

As part of the Global Valuation team, you will work closely with regional valuation teams on reporting, analysis and business-critical deliverables across multiple markets. As a member of this team, you will have the opportunity to work on a broad range of high-impact activities with senior stakeholders, including producing reports and analysis for senior management, consolidating Group IFRS results, or providing data-driven insights into business performance, emerging trends and key valuation topics.

Specifically, the role is likely to support the following team deliverables:

• The team provides direct support to senior valuation leadership on key strategic and operational topics affecting the valuation function.
• The team coordinates IFRS reporting activities, including consolidation of Group IFRS results, preparation of materials for senior governance forums, coordination with Finance, and investigation and resolution of reporting issues. This requires close collaboration with stakeholders across multiple functions.
• The team is responsible for producing key communications for senior stakeholders, including management insight packs, KPI tracking, and ad hoc analysis of business performance and valuation trends.
• The team helps turn complex valuation outcomes into clear, compelling narratives for senior stakeholders, combining strong analysis with effective storytelling to explain business performance, emerging trends and key messages.

• The team contributes to actuarial inputs for internal and regulatory capital reporting, including assumptions, model parameters and cashflow analysis.
• The team provides data and assumption parameter input for rating agencies capital models

• The team coordinates regular reviews of global expense assumptions, working with stakeholders across functions to assess, quantify and implement updates.
• The team contributes to a range of global projects focused on process improvement, business insight, innovation and capability development, including opportunities to support automation and AI-related initiatives.
• The team also supports governance and control activities across the valuation function, including risk assessment, data quality oversight and process governance.

This role in Global Valuation will initially focus on IFRS and capital reporting submissions, with opportunities to expand into other areas over time. The team operates with a flexible structure, enabling individuals to contribute across multiple activities. A significant portion of time is also allocated to ad-hoc analysis or project work, which will always be varied.

Given the breadth and importance of these activities, spanning Valuation, Finance, Risk Management and Costing teams globally, the role offers strong learning opportunities and exposure to a wide variety of stakeholders.

About You

What will help you succeed in this role:

• Some experience in insurance or reinsurance.
• A proactive and self-driven working style, with the ability to identify issues, escalate appropriately and propose solutions
• Good understanding of best estimate cashflows and the underlying business drivers
• Ability to understand actuarial valuation systems and contribute ideas to improve process efficiency and quality
• Excellent written and verbal communication skills
• Strong data organization and analytical skills
• Strong working knowledge of Microsoft Excel, PowerPoint and Word

Nice to have:

• Progress towards an actuarial qualification would be an advantage
• Experience with R, Python, Power BI or other actuarial/data tools would be an advantage
• Knowledge of life and health products and the reinsurance value chain

Compensation & Work Model

The base salary range for this position is between £37,000 and £55,000 for a full-time role.

The specific salary offered considers:

• the requirements, scope, complexity and responsibilities of the role

• the applicant's own profile including education/qualifications, expertise, specialisation, skills and experience

In addition to your base salary, Swiss Re offers an attractive performance-based variable compensation component, designed to recognise your achievements. Further you will enjoy a variety of global and location specific benefits.

Eligibility may vary depending on the terms of Swiss Re policies and your employment contract.

Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week.

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