Senior Portfolio Manager- Product Mgmt Actuary (Hybrid; m/f/x/d; 80-100%)

Are you keen to be part of the team to support the portfolio growth of the Financial Solutions Ambition announced as part of the L&H Ambition Reset? Are you savvy with financial reinsurance and capital solutions, and excited about optimizing performance under the updated regulatory frameworks for VA/GMxB and related product lines?

About the Job

• Manage the in-force performance of VA/GMxB, Financial Market Transformation (FMT), and Remote Risk Transactions (RRT) portfolios
• Develop, enhance and maintain stochastic models for valuation and pricing of VA and GMxB riders under economic, International Financial Reporting Standards (IFRS), and US Statutory frameworks. Use scripting languages for regular production, performance optimization, management reporting, etc.
• Analyze biometric experience and propose assumption update for review and approval by Risk Management
• Present material for Quarterly Monitoring committees on transaction level experience.
• Perform regular and ad-hoc investigations into existing processes and data (such as policy data, Profit & Loss attribution, reserving and capital calculations etc.)
• Collaborate and consult with other groups in L&H and across the wider Swiss Re Group (LHSS, Client Markets, Finance, Risk, etc.) with a view to continually improve our ability to manage the financial and biometric exposures of the portfolio
• Support on-boarding of new transactions (e.g. Captive and Capital Relief) and new products (e.g. FIA, RILA), lead internal coordination across functions in L&H to ensure the smooth transition of models and processes into production
• Support standardizing and productionizing of transactions reporting for valuation, accounting, statutory, risk management and hedging purposes

About the Team

Major relationships include

• L&H FMI Pricing & Structuring
• L&H Structured Solutions
• Risk Management – Financial Risk Management, Valuations
• Finance
• Treasury
• Asset Management

About You

• Mathematical / Computer Science / Financial modelling / Actuarial Sciences / Finance academic background
• Extensive understanding in life insurance business concepts.
• Experience with scripting and analytical languages e.g. Python, R, C++, C, Moses, Prophet, AXIS
• Quantitative technical abilities. Practical experience using a range of tools to perform data analytics
• Curious mind interested in investigating the underlying drivers and patterns
• Working level financial markets knowledge, collaboration with Treasury etc
• Performance minded – drive to grow new business, KPI focused

#LI-Hybrid