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The Opportunity (Description of the opportunity working for Swiss Re in Bangalore)
Make a difference in your career with one of the biggest reinsurance companies in the world with 12,000+ diverse set of employees in over 60 offices globally
Our location at the heart of Bangalore has been witnessing balanced growth the kind of growth characterized by the sophisticated and differentiated value delivered to the business
This is your opportunity to join a high-performing team, working in tandem with the actuarial talent pool and other business functions co-located in our set-up in Bangalore
The position is part of the Financial Modelling team within wider Treasury department and reports into the Head of Financial Modelling team Bangalore
We are looking for an Associate Financial Analyst who continuously looks out for modelling improvements, takes ownership of multiple IFRS based Financial Plan production processes for Reinsurance Business Unit, and who serves as a credible business partner on all related matters to the wider organization
About the Role: Position summary & Main tasks/activities (short and precise definition of the role and most important activities listed)
The Core Activities Of The Analyst Will Include
Support of tasks specific to refinement/(re)design, testing and implementation of IFRS 17 Simulation Model (ISM) which is used for the creation of IFRS 17 Financial Plan
Support on refinement/redesign, testing and implementation of BU Planning tools
Operation of Financial model & Planning tools used for the construction of IFRS based Financial Plan for the various Business Units
During plan production phase, investigating the root cause analysis of various technical queries, i e movements and deviations of figures, raised by stakeholders and providing solutions
Ownership of various planning related tasks including ad-hoc financial assessment and analysis on the business cases for plan, execution of various controls etc , ensuring issues are raised appropriately
Support and optimize our operational and governance framework to ensure tasks are conducted optimally
About the Team (Description of the team and context into which the role sits in)
We are the Financial Modelling Team
We are an integral part of the FP&A Infrastructure, Automation & Costs (FIAC) team and sit within the Treasury Department
We work in close collaboration with the Group finance functions and BU RE FP&A teams on significant topics related to IFRS based Financial Plan
We jointly own the refinements/updates to the IFRS 17 Simulation Model (ISM) as well as Planning tools with the aim of making the FP&A systems and processes up to date
This includes both, the operation and the continued improvement of the modelling tools used for IFRS based Financial Planning
In this regard, we are exposed to significant opportunities to shape the associated processes, systems, and metrics
About you: (education, linguistic ability, professional experience, leadership qualities, and soft skills)
General
Overall, 1-5 years of working experience in quantitative sciences such as actuarial or finance functions within (re)insurance
CFA/CA/Actuarial professionals from acknowledged society / alternatively experience in annual financial planning and analysis
Intellectual curiosity with eagerness to improve financial modelling
Excellent command of spoken and written English
Specific Technical Skills
Conceptual understanding of IFRS 17 (or similar economic framework)
P&C or L&H (re)insurance domain expertise
Excellent understanding of financial statements and hands-on experience of financial modelling
Exceptional command of MS office tools including advanced skills in Excel and good PowerPoint skills
Hands-on experience on Python will be an added advantage
Specific Soft Skills
Highly motivated individual who can think analytically
Ability to work in a highly collaborative and multicultural team environment, under pressure and on multiple and conflicting priorities
Collaborative and balanced personality that can handle ambiguity and deliver consistent performance
Able to challenge the status-quo, exercise business judgement
About Swiss Re
Swiss Re is one of the worlds 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 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
Role: Financial Analyst
Industry Type: IT Services & Consulting
Department: Finance & Accounting
Employment Type: Full Time, Permanent
Role Category: Finance
Education
UG: Any Graduate
PG: Any Postgraduate
Skills: Ms Office Tools, Financial Modelling, Quantitative
Experience: 1.00-3.00 Years
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