Associate Financial Analyst

The Opportunity

• 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

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:

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

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