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Zurich Insurance

Global insurer providing property, casualty, life

Actuarial Reserving Analyst - Temporal

Actuarial & Risk ModellingUpdated on Nov 14
ContractSpainNo salary listed

About the Job

Requirements

  • A background in Actuarial Science, Statistics, Mathematics, Data Science, or a related discipline.
  • Three to five years of experience in non-life reserving and comfort working with actuarial models and analysis.
  • Advanced knowledge of ResQ or equivalent actuarial tools.
  • Advanced Excel skills and experience working with large volumes of data.
  • Programming and automation knowledge using tools such as Python, SAS, VBA, or similar.
  • Ability to perform complex statistical and financial analysis and turn data into useful business conclusions.
  • Advanced spoken and written English for interaction with international teams and work with technical documentation.
  • Ability to work autonomously, identify improvements, communicate results and recommendations, and work collaboratively.

Responsibilities

  • Support actuarial closing and planning processes by preparing, validating, and processing data for reserve calculations.
  • Participate in modeling and projecting business lines in ResQ actuarial software.
  • Participate in booking and reserve reconciliation processes for local and corporate closings, including IFRS 17, HGB, and Solvency II.
  • Perform reconciliations, quality controls, and documentation of information.
  • Prepare and validate Forecast and Plan processes for business lines.
  • Analyze results and monitor deviations.
  • Contribute to preparing information for stakeholders.
  • Collaborate on process-optimization initiatives in the area.
  • Develop automations and simplifications using Excel, Python, SAS, or similar tools.
  • Support implementation of improvements in reporting, efficiency, and data quality.
  • Participate in cross-functional team projects.

Desired Qualifications

  • Knowledge of regulatory frameworks such as IFRS 17 and Solvency II.
  • Experience working with corporate databases.

About the Company

Zurich Insurance

Global insurer providing property, casualty, life

Zurich Insurance Group provides global multi-line insurance for individuals, families, small and mid-sized businesses, public entities, and multinational corporations in more than 200 countries. Its Property & Casualty arm covers personal lines like car and home, plus a wide range of commercial coverages (property, casualty, motor fleet, marine, construction, energy, financial lines, international programs); its Life business offers protection, savings, retirement, and unit-linked products. The Farmers Group manages Farmers Exchanges in the United States. The company also provides risk engineering and prevention services to help customers reduce risk and build climate resilience, with products sold through agents, brokers, bank partners, and direct channels. Its goal is to provide financial protection and risk management solutions that help customers manage uncertainty and build resilience over the long term.

Company size
10,001+
Company stage
IPO
Headquarters
Zurich, Switzerland
Founded
1872

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