17 days ago

Senior Market Risk Actuary (80-100%)

Zurich Insurance Company

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Senior Market Risk Actuary (80-100%)

Your Role
In this role you will join a specialist team of senior life actuaries in Zurich supporting the internal model calculation of market risk in respect of the life business of the Zurich Group. You will lead the centralized production of Replicating Portfolios for the Group's life liabilities, prepare analyses and reports for senior management and perform ad-hoc analyses on life market risk, supported by a dedicated actuarial production team based in Bratislava. You will also be responsible for maintaining and developing the production processes, models and methodologies, and actively contribute to the identification and implementation of further automation opportunities into existing processes. In doing so, you will work closely with a wide range of stakeholders including Group Investment Management, Group Risk Management, Bratislava Competence Center and Zurich Business Units worldwide. 
As a Senior Market Risk Actuary your main responsibilities will involve:

o Lead Replicating Portfolio production for Market Risk Capital calculations with support from our Bratislava Competence Center's actuarial team
o Produce regular analyses and reports in addition to ad-hoc analyses on market risk-related topics
o Lead continuous improvements on process automation and methodologies
o Maintain the control framework for end-to-end production processInteract with a wide range of stakeholders across the whole Zurich Group and externally on market risk-related topics
o Support theoretical methodology developments and investigations on alternative proxy modeling techniques and calibration approaches (e.g. machine learning)

Your Skills and Experience
As a Senior Market Risk Actuary your skills and qualifications will ideally include:

o Master in quantitative finance, mathematics or related subjects. Postgraduate degree or additional professional qualification is a plus (e.g. qualified actuary, FRM, CFA, etc.)
o More than 5 years of relevant experience working in Replicating Portfolios, proxy modelling techniques e.g. LSMC, and/or economic capital modelling
o Sound knowledge of life business and of risk capital management theory and practice
o Advanced IT skills. Experience with Excel and VBA is necessary
o Experience in Python, Matlab and/or SQL is a strong plus
o Strong process and organizational skills; Prior management experience is a plus
o Excellent English communication skills (verbal and written)
o Analytical mind-set, detail oriented, with a strong commitment to quality
o Highly cooperative, flexible, and enthusiastic team-player
o Strong sense of responsibility and adherence to deadlines
o Ability to build and maintain relationships across functions

Additional Information
Primary work location is Zurich. The travel requirement is up to 5%. If you value an exciting and varied working environment and meet the above requirements, then our recruiter Christina Wichmann is looking forward to receiving your application by clicking on the button "Apply online".
You can find additional information about Zurich as an employer and about the candidate journey on our career site .
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Who we are

Zurich is a strong brand - more than 1.4 million Swiss customers place their trust in our products and services.  Our 53,000 employees worldwide form the basis of our success, helping our customers in 210 countries and territories to understand and protect themselves from risk. In order to deliver our services, we offer our employees flexible working models and interesting opportunities for further training & development. As a Zurich employee you benefit from a multitude of advantages as well as a strong culture, characterized by acceptance, diversity and team spirit.
At Zurich we are an equal opportunity employer.  We attract and retain the best qualified individuals available, without regard to race/ethnicity, religion, gender, sexual orientation, age or disability.
Information for recruitment agencies

Zurich accepts no unsolicited applications from recruitment agencies for this position. We therefore request that recruitment agencies do not submit any candidate documents neither via our employees nor through our online career portal.
We refuse any responsibility for unsolicited applications as well as any associated fees. Thank you for your understanding.