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Swiss Re is hiring Apprentice

Swiss Re
Bangalore, Karnataka

Published by
Ashok Kumar
Updated Jan 23, 2025
Salary Range
₹3.6L - ₹4.5L LPA
Experience
0-1 years
Batch Years
2024, 2023
Job Type
Fresher
Employment Type
Full Time
Job Description:
Swiss Re is seeking motivated individuals for the Apprentice role to support our Actuarial Valuation Reporting and Analysis team. This is an opportunity to work with a global leader in reinsurance, supporting Life & Health (L&H) business across various geographies.
Key Responsibilities:
- Assist in quarterly valuation and reserving activities
- Prepare data for valuation models and maintain models
- Execute defined modeling processes, implement assumptions, perform runs, debug issues, and validate results
- Maintain audit trails and documentation of validations and checks
- Meet deliverables as per approved timelines
- Conduct user acceptance testing for system and model changes
- Drive improvements in existing model building and validation tools
- Investigate data/modeling issues, reconcile reports, and develop solutions
- Assist in special projects as required
Education Requirement: Bachelors in Actuarial Science, Mathematics, Statistics, Economics, Commerce, Engineering, or related disciplines; postgraduate candidates not eligible
Technical Skills Required: Actuarial concepts, MS Excel, VB Macros, SQL, data handling, debugging, validation, analytical tools
Key Qualifications:
- Graduate in Actuarial Science, Mathematics, Statistics, Economics, Commerce, Engineering, or related disciplines
- Enrolled as a student member of an actuarial professional institute (India/UK/US preferred)
- Strong grasp of fundamental actuarial concepts
- Proficient in MS Office Suite, particularly MS Excel; knowledge of VB Macros and SQL is an advantage
- Excellent analytical, organizational, and communication skills
- Ability to work independently, accurately, and meet deadlines
- Collaborative mindset to build positive relationships within teams and with stakeholders
Education Requirements
Bachelors in Actuarial Science, Mathematics, Statistics, Economics, Commerce, Engineering, or related disciplines; postgraduate candidates not eligible
Eligible Batch Years
2024, 2023

Swiss Re
Swiss Re, established in 1863, is one of the world's leading providers of reinsurance, insurance, and other forms of risk transfer. The company specializes in helping businesses and governments manage complex risks and recover from disasters, ensuring financial stability. As of 2023, Swiss Re reported a revenue of approximately $44 billion and employed over 14,000 professionals globally. With its robust expertise and innovative solutions, Swiss Re continues to play a pivotal role in the global insurance industry.