In this role you will be responsible for the analysis and review across several reporting frameworks (IFRS 17, SST, Z-ECM) of the actuarial liabilities, new business, life-specific capital risk drivers, valuation model changes and assumption review of the assigned countries. You will be in charge of the production of the Group Reserving Committee and Audit Committee materials, encompassing detailed reserve analyses, trend evaluations, and actionable insights to inform strategic decisions at the executive level. We expect you to bring technical expertise and ability to actively improve and develop these processes.

What you will do

As a Life Valuation and Reporting Actuary your main responsibilities will involve:

• Production of the Group Reserving Committee and Audit Committee materials, encompassing detailed reserve analyses, trend evaluations, and actionable insights to inform strategic decisions at the executive level
• Development and maintenance of the central tools and process used to collect and analyse Group reporting
• Performing actuarial review and analysis of local actuarial results for assigned countries and ensuring compliance with Group reporting methodologies and guidelines
• Performing actuarial review and analysis of model and assumption changes for the assigned countries and contribute to the preparation of the content and documentation of the quarterly GLARC Committee
• Following industry development and best practice on life actuarial methodologies, monitoring business performance, analysing potential issues, working on proposals and improvements
• Supporting miscellaneous strategic projects requiring life actuarial expertise

What you bring

As a Life Valuation and Reporting Actuary your skills and qualifications will ideally include:

• University degree in applied mathematics or statistical field
• Qualified actuary
• At least 8 years of practical experience as Life Actuary with knowledge of products and services
• Expertise in utilizing and developing data analytics tools, including Power BI, for advanced data analysis, visualization, and reporting to support actuarial reserving and strategic decision-making
• Knowledge of R, Python and SQL would be seen as an advantage
• IFRS 17 knowledge and hands-on experience with the Building Block and Variable Fee Approaches
• Willingness to do technical work to develop toolsets and new analyses
• Good knowledge of actuarial professional guidance and relevant legislation and experience of actuarial reporting under international accounting, economic and solvency framework for large international companies and familiar with life assurance company accounts such as balance sheet statements, profit and loss and income statements
• Good understanding of business drivers and financials
• Good team player with strong process and organisational skills and a clear focus on results
• Highly committed, reliable and pragmatic personality with accurate and efficient working methods
• Ability to handle complexity and work under pressure
• Strong analytical skills
• Ability to build and maintain relationships across functions
• Good communication and presentational skills
• Fluent in English (written and spoken)

Additional Information

We look forward to receiving your online application.

Zurich wants to attract the best talent and we acknowledge that talents might not always be available full-time. At Zurich we will consider requests for flexible working. Many of our employees work flexibly in a variety of ways. Please talk to us during the interview about the flexibility you may need.

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Information for recruitment agencies

Zurich does not accept any applications from recruitment agencies for this position. We refuse any responsibility for unsolicited applications as well as any associated fees.

Why Zurich

At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking What can go right? We are an equal opportunity employer who knows that each employee is unique - that’s what makes our team so great!
Join us as we constantly explore new ways to protect our customers and the planet.

• Location(s): CH - Zürich
• Remote working: Hybrid
• Schedule: Full Time
• Recruiter name: Mélina Carnal