Senior Modelling Expert

Location
Zurich, Canton of Zürich (CH)
Salary
Negotiable + bonus + benefits
Posted
08 May 2017
Closes
08 Jun 2017
Contract Type
Permanent
Hours
Full Time

As a Senior Modelling Expert you will independently validate models in use throughout the group, with a focus on the General Insurance Segment. Models in scope include capital models used for SII and SST, as well as strategic models in reserving and pricing.

Your Role

As a Senior Modelling Expert – General Insurance your main responsibilities will involve:

  • Support the business in the interpretation of MRM (Modelling Risk Management) policies and standards
  • Challenge the results of inventory and risk assessments
  • Support the definition of the validation scope
  • Review and challenge the results of the validation activities performed by group business functions (mainly Group Non Life Actuarial)
  • Specify, implement and execute validation tools and tests
  • Identify, quantify and assess weaknesses and limitations of models
  • Prepare validation reports and documentations
  • Cooperate with key partners in the validation process
  • Provide model knowledge and insights and advise on prioritization for model developments and change processes

Your Skills and Experience

As Senior Modelling Expert – General Insurance your skills and qualifications will ideally include:

  • Master degree in Mathematics/Statistics/Finance and qualified actuary, or at least 10 years of relevant work experience in a financial institution or a consulting firm
  • Solid experience in modeling for pricing
  • Excellent understanding of risk embedded in insurance or financial products
  • Excellent knowledge of reserving, pricing and risk methodologies
  • Excellent understanding of risks in models, related processes and underlying data
  • Project experience as well as strong communication and relationship building capabilities
  • Strong analytical skills
  • Fluent written and spoken English is a must