L&H Actuarial Modelling Business Analyst at Swiss Re

Job description

Recruiter: Kirsten Leatitia Pillar

About The Role

• The Modelling Center of Excellence (MCoE) is responsible for the development, maintenance and on-going support of the MoSes modelling platform, used by Swiss Re Reinsurance L&H for pricing, financial reporting and business steer. The model is used in a number of locations spanning the UK, Europe, Latin America, South Africa, Asia and Australia.
• With dotted line management to the MCoE Actuarial Modelling Business Analyst Lead based in London, you will be a valued member of the MCoE Business Analyst team, which comprises 2 or more members. This is a very exciting opportunity for a highly skilled part qualified/newly qualified Actuary to join the Life & Health Business Management division. As a key member of the team, you will ensure the continued smooth functioning of the MCoE Business Analyst team, through excellent stakeholder management with our end users and with delivery that exceeds stakeholder's expectations.

Core Responsibilities

• Be part of the MCoE Business Analyst Team and work closely with the Regional Actuarial Management teams, who are responsible for L&H reserving, to ensure that the business requirements that they define are fit for purpose. Create functional specifications and test strategy for developments. Continually collaborate within MCoE with the Architect, Development Lead, Testing Lead and Production Support, to ensure correct prioritisation of model developments and recommend solutions that provide the most effective results for the business.

Other Responsibilities Include

• Work with the MCoE Business Analyst Lead to manage the relationships with the Regional Actuarial Management teams responsible for L&H reserving
• Analysis and documentation of business and functional requirements and the test strategy that will feed into the MCoE Model Development team
• Coach and work with the Regional Actuarial Management teams help them properly define and prioritise requirements, scope / time / quality / cost / risk etc.
• Review the technical specifications against functional requirements to ensure fit for purpose
• Review the final testing results and testing sign-off documentation against the end user acceptance test criterial to ensure a smooth transition when handing over back to the users
• Lead the handover of the MoSes models back to the business and provide the necessary user training
• Support the MCoE Business Analyst Lead to develop new or revised processes or procedures for the MCoE Business Analysis function
• Ensure a clear and deep understanding of MCoE models
• Ensure an understanding of the wider systems landscape
• Demonstrate in-depth knowledge using business analysis concepts within an actuarial/insurance landscape
• Design and delivery of end user acceptance test sign-off criteria with the business users
• Ensure all business processes within the MCoE Business Analyst team are in line with standard practice and that adequate controls and documentation are in place
• Support the MCoE Business Analyst Lead to plan, conduct and supervise projects and assignments
• Responsible for ensuring your own performance and delivery is at an increasingly high quality
• Continually strive to increase the skills and knowledge of the MCoE Business Analyst team and to seek constant improvements to the processes and procedures

Key Skills, Knowledge, Qualifications And Experience

• Highly skilled near qualified/qualified Actuary with at least 5+ years' experience working in the life insurance industry. Exposure to the MoSes platform is advantageous, but other actuarial modelling experience would also be considered
• Ability to forge strong relationships, with excellent facilitation, elicitation and conflict management skills
• Excellent organisational and analytical skills with attention to detail – able to quickly absorb details on business structure, product features and model requirements, and to own the production of clear business and functional specifications
• Good knowledge of actuarial reserving practices and theory in the reinsurance / life insurance industry
• Excellent communication, both written and verbal, with an ability to work with stakeholders spread over several locations
• Hands-on experience in the software development lifecycle is important. Must be able to negotiate effectively and manage conflict
• Be able to influence opinions / decisions, successfully deal with ambiguity in requirements
• Exposure to Microsoft Technologies (FoxPro, VBA, C++, etc.) is advantageous
• Delivery focussed and proactive
• A thorough understanding of the end-to-end software systems development process is essential
• Working knowledge of project management, quality assurance and testing methodologies
• Cross cultural experience working with colleagues & stakeholders globally
• Proficiency in working in Excel, and other spreadsheet and database packages

Functional Area

• Actuarial