Reserving Analyst at RenaissanceRe

Zurich, Zurich, Switzerland -

Full Time

Start Date

Immediate

Expiry Date

19 Jun, 26

Salary

0.0

Posted On

21 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Actuarial Analysis, Reserving Process, Data Manipulation, Excel, Python, SQL, Communication, Team Player, Self-Motivated, Actuarial Exams, System Implementation, Reporting, Risk Understanding, Capital Sourcing, Claims Payment

Industry

Insurance

Description

RenaissanceRe is a leading writer of Property & Casualty Reinsurance. For over 25 years, we have helped customers and communities recover and build resilience through our industry-leading ability to understand risk, source efficient capital and rapidly pay claims. Our global team shares a passion for solving our customers’ biggest problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking. POSITION SUMMARY This Reserving Analyst post assists with the actuarial analysis of the reserves needed to support the exposures of company re/insurance products, and the completion of regulatory reporting requirements for the reserves. RESPONSIBILITIES INCLUDE: Perform quarterly reserving process and supporting reserving decisions. Analyze the quarterly results to understand and explain the relationship between the reserving decisions and claim movements to stakeholders. Respond to questions both internally and from the external actuaries and auditors. Work closely with Underwriting, Finance and Claims, particularly with respect to reporting and understanding the business written. Collate and consider multiple data sources to aid in the annual assumption setting review. Prepare schedules to meet statutory requirements. Maintain ongoing, self-directed professional development and study in relation to the Actuarial exams towards professional qualification (e.g. SAV, IFoA, or CAS). Support design and system implementation and on-going management, validation and reporting of technical solutions. Complete ad hoc assignments, as needed. QUALIFICATIONS, SKILLS & EXPERIENCE: A university/college degree in a quantitative discipline such as actuarial science, finance, mathematics, science, economics or engineering. Data manipulation and analysis skills (any experience with Excel, Python, or SQL is useful). Self-motivated, team player who enjoys technical challenges. Strong communication skills. This is a fast-paced business environment, demanding a strong work ethic and a results-oriented approach. We are an equal opportunity employer. We provide equal opportunity to all applicants and employees regardless of race, colour, religion, national origin, age, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories. Our people are our most valuable resource and core to our success. This is a fast-paced business environment, demanding a strong work ethic and a results-oriented approach. We offer competitive compensation and benefits, a comprehensive talent development program, and a reward system in which employees share in the success of the company. We are an engaged member of the communities in which we live and work and have a locally-led giving philosophy with generous employee matching program, global and local community grants and employee volunteerism. We seek diversity, create equity, and practice inclusion. Our people are at the heart of everything we do. We are an equal opportunity employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories. RenaissanceRe is a global provider of reinsurance and insurance that specializes in matching well-structured risks with efficient sources of capital. The Company provides property, casualty and specialty reinsurance and certain insurance solutions to customers, principally through intermediaries. Established in 1993, the Company has offices in Bermuda, Australia, Ireland, Singapore, Switzerland, the United Kingdom and the United States. For more information about working at RenaissanceRe, visit RenaissanceRe Careers. For more information about RenaissanceRe, visit renre.com.

Responsibilities

This role assists with the actuarial analysis of reserves for reinsurance products and ensures completion of regulatory reporting requirements for those reserves. Key duties include performing the quarterly reserving process, analyzing results for stakeholders, and collaborating with Underwriting, Finance, and Claims departments.