Associate Financial Analyst III

Swiss Re; Bengaluru; On-site; INR 1,800,000 - 3,000,000; Full time

Benefits offered by this job

Hybrid work model

Diversity and inclusion culture

Job summary

Swiss Re’s Life & Health FP&A team in Bangalore invites experienced finance professionals to join a dynamic, globally connected function that shapes business strategy through insightful financial analysis.

As an Associate Financial Analyst III you will partner with client managers, underwriters, and senior stakeholders across markets to deliver data-driven insights, drive IFRS17 and planning activities, and support quarterly projections and portfolio performance analysis.

Qualifications

• CA, CFA, or MBA (Finance) or degree in Mathematics/Actuarial/Finance.
• 7+ years FP&A experience in Life & Health (re)insurance preferred.
• Knowledge of GAAP, IFRS and EVM accounting.
• Proficient MS Office; able to handle large datasets.

Responsibilities

• Quarterly projections management; analyze variances and provide data-driven insights.
• Collaborate with Finance Operations, Valuation & Analysis, and Underwriting on deals and portfolio.
• Communicate KPIs to stakeholders; translate financial data for non-finance audiences.
• Assist IFRS17 implementation across end-to-end business and finance operations.
• Analyze market and underwriting portfolio performance; respond to ad-hoc analyses.
• Support annual planning in coordination with Client Markets, FP&A, Valuation and Pricing.

Skills

Analytical thinking

Communication

Collaboration

Education

CA / CFA / MBA (Finance) or Math/Actuarial/Finance degree

7+ years FP&A experience in Life & Health (re)insurance

Tools

Excel

PowerPoint

Word

Access

Job description

Are you a finance professional with a sharp analytical mind and a passion for making complex data tell a compelling story? Do you thrive in a dynamic, globally connected environment where your insights directly shape business strategy? If so, this could be the role for you. Join Swiss Re's Life & Health FP&A team in Bangalore and become a key player in driving sustainable financial performance across one of the world's leading reinsurance businesses.

About the Role

As an Associate Financial Analyst III within the Life & Health Financial Planning & Analysis (L&H FP&A) team, you will be part of a talented pool of analysts responsible for analyzing the financial performance of the Business Unit Life & Health Reinsurance (BU L&H Re). You will partner closely with client managers, underwriters, and senior stakeholders across global markets — initially focusing on a specific region (Americas, EMEA, Asia) — to deliver meaningful financial insights that drive smarter business decisions.

This is a role where your analytical expertise meets real commercial impact.

Key Responsibilities

• Quarterly Projections Management: Liaise with Finance Operations on the quarterly L&H projections process; review and analyze significant variances between Actuals, Projections, and Plan, and steer management with clear, data-driven insights
• Cross-functional Collaboration: Work closely with colleagues in Finance Operations, Valuation & Analysis, and Underwriting on deal pipeline analysis, renewal data, and portfolio performance topics
• Business Partnering: Communicate key performance metrics to stakeholders and client markets in a clear, accessible manner — translating complex financial data into insights that resonate with non-finance audiences
• IFRS17 Implementation Support: Assist in streamlining activities related to IFRS17 implementation by developing a thorough understanding of end-to-end business and finance operations, ledger closing, and financial reporting (including New Business and Business Plan)
• Portfolio Performance Analysis: Analyze market, client, and underwriting portfolio performance; identify and explain performance drivers; and respond effectively to rapidly emerging ad-hoc analytical tasks
• IFRS Business Results Analysis: Contribute to the analysis of IFRS business results and outputs from the reporting system, ensuring consistent valuation aligned with the Business Impact workstream
• Annual Planning Support: Support the carve‑out of plan numbers for the upcoming year in close coordination with Client Markets, BU FP&A, Valuation, and Pricing teams

About the Team

The L&H FP&A team serves as the Performance Architect and Commercial Advisor of the Business Unit, crafting transparency on financial performance, driving performance strategy, enabling resource and capital allocation, supporting performance initiatives, and delivering commercial advice to key stakeholders.

Within L&H Finance, the Bangalore team is an integral and valued part of the global FP&A function, supporting through data management, performance analysis and reporting, forward‑looking modelling, and advanced analytics. The team is agile, driven, and deeply collaborative — offering team members the opportunity to delve into financial performance data, manage key stakeholder requests, and contribute meaningfully to global business outcomes. As a Financial Analyst in this team, you will be at the heart of data‑driven decision‑making in a truly international environment.

About You

We are looking for a curious, commercially minded finance professional who combines strong technical expertise with excellent interpersonal skills. You bring a collaborative spirit, a growth mindset, and the ability to communicate complex financial concepts with clarity and confidence. You are comfortable navigating ambiguity, adapting quickly to change, and delivering high‑quality work under tight timelines — all while keeping the bigger picture in view.

We are looking for candidates who meet these requirements:

• Qualifications: Chartered Accountant (CA), CFA, or MBA (Finance); or a successfully completed university degree preferably in Mathematics, Actuarial Science, Finance, or an equivalent discipline
• Relevant Experience: 7+ years of work experience in FP&A, preferably within Life and Health (Re)insurance; prior experience in the insurance industry is a strong advantage
• Financial Reporting Knowledge: Solid understanding of financial reporting processes and familiarity with GAAP, IFRS, and EVM accounting frameworks
• Technical Proficiency: Strong command of MS Office applications including Excel, PowerPoint, Word, and Access, with the ability to handle and process large datasets effectively
• Analytical Capability: Demonstrated strength in analytical and data processing skills, with a methodological and conceptual approach to problem‑solving — able to focus on detail without losing sight of the broader strategic picture

These are additional nice to haves:

• Understanding of insurance products, risk selection, and risk‑reward frameworks; actuarial education is a plus
• Familiarity with income statement, balance sheet, and source of earnings concepts within a finance context
• Strong curiosity and motivation to continuously learn about the insurance and reinsurance industry
• Ability to work both independently and collaboratively within a team setting
• Excellent organizational skills with the flexibility to perform optimally under tight deadlines
• Outstanding communication and interpersonal skills — able to engage effectively in one‑on‑one conversations and group settings
• Demonstrated ability to thrive in a global, multicultural, and fast‑paced work environment
• A team‑oriented mindset with a genuine willingness to contribute to overall team spirit and cohesion
• Maturity and self‑confidence when engaging with internal clients, business partners, or senior colleagues
• Openness and adaptability in a changing and dynamic environment

Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week.

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. We cover both Property & Casualty and Life & Health. 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 15,000 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.

We may use AI‑powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.