Actuarial Analyst (Hybrid; m/f/x/d; 100%)

Swiss Re; City Of London; Hybrid; GBP 36,000 - 54,000; Full time

Job summary

A leading global insurance firm in London is seeking an Actuarial Analyst to support quarterly valuations and enhance team performance. You will analyze financial results and carry out experience studies, collaborating with senior stakeholders. Ideal candidates will have actuarial experience in life insurance or reinsurance, strong analytical skills, and proficiency in programming languages like Python or R. The role offers a competitive salary and performance-based compensation.

Benefits

Performance-based compensation

Variety of global benefits

Qualifications

• Proven progress in actuarial qualification.
• Actuarial/reserving experience in life insurance or reinsurance.
• Solid knowledge of P&L and balance sheet analysis within the insurance context.
• Experience in IFRS reporting is an advantage.

Responsibilities

• Analyze and validate quarterly financial results under IFRS 17.
• Review and validate the impact of complex changes across data and assumptions.
• Carry out experience studies and enhance liability modelling.
• Deliver analysis and commentary, provide timely responses to inquiries.
• Drive analytics and process improvements by identifying opportunities.

Skills

Analytical skills

Problem-solving

Communication skills

Proactivity

Attention to detail

Education

Progress in actuarial qualification

Tools

Python

R

VBA

Job description

Overview

This Actuarial Analyst role offers an excellent opportunity for a motivated professional to take the next step in their career. You will be trusted to work on quarterly valuations, experience study, assumption setting, and model improvements, while collaborating with junior colleagues and driving initiatives that enhance team performance. The role provides meaningful exposure through collaboration with auditors, cross-functional teams, and senior stakeholders — enabling you to grow into a confident, well-rounded actuarial professional.

Responsibilities

• Analyze and validate quarterly financial results under IFRS 17, UK GAAP, and Statutory bases. Present storyline and explain drivers of results to the UK Chief Actuary for sign-off.
• Review and validate the impact of complex changes across data, assumptions, models, and methodologies.
• Carry out experience studies and assumption setting, enhance liability modelling, and ensure clear, consistent documentation of outcomes.
• Deliver analysis and commentary, and provide timely responses to queries from internal and external stakeholders.
• Drive analytics and process improvements by identifying opportunities, developing solutions, and implementing best practices.

About the Team

We are a part of L&H Valuation UKI and South Africa team and is made up of people based out of London and Bangalore. Within the team, we are a dedicated group of Actuaries who are passionate about adding value to the business and support our colleagues across different teams and regions.

About You

• Proven progress in actuarial qualification.
• Actuarial/reserving experience in life insurance or reinsurance.
• Solid knowledge of P&L and balance sheet analysis within the insurance context.
• Experience in IFRS reporting is an advantage.
• Strong analytical, problem-solving, and communication skills.
• Proactive, detail-oriented, and keen to drive improvements.
• Programming skills in one of the following languages Python, R, or VBA.

For London based role, the base salary range for this position is between GBP 36,000 and GBP 54,000 (for a full-time role). The specific salary offered considers: the requirements, scope, complexity and responsibilities of the role, the applicant's own profile including education/qualifications, expertise, specialisation, skills and experience.

In addition to your base salary, Swiss Re offers an attractive performance-based variable compensation component, designed to recognise your achievements. Further you will enjoy a variety of global and location specific benefits. Eligibility may vary depending on the terms of Swiss Re policies and your employment contract.

We are looking forward to your application!

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About Swiss Re

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.