Junior Actuarial Analyst - suitable for fresh graduates

Our opportunity

Junior Actuarial Reporting Analyst #LI-Hybrid

We are looking for a driven individual who will play a key role in a collaborative team built around actuarial market consistent valuations for Zurich Farmers New World Life. This is an excellent opportunity if you are looking to professionally grow in an international environment, with the team split between New York City office and Bratislava Competence Center. (No need to worry – we adhere to Slovak working hours). Main responsibilities within this role are executing regular actuarial reporting and analysis under the IFRS 17 standard and SST for a newly arising business.

In our team, we value collaboration, continuous learning, and we strive to create a supportive atmosphere where each member's contribution is recognized and valued.

Your role

As Junior Actuarial Reporting Analyst, your main responsibilities will involve many of: 

• Perform calculations and produce analyses under IFRS 17 and Swiss Solvency Test regulations with guidance of your senior colleagues.
• Support Group reporting process including reconciliations between various reporting bases.
• Analyze important actuarial metrics such as new business profit margin, loss experience, loss trends and expenses.
• Provide suggestions and implement optimizations for the local reporting process.
• Support modelling in actuarial software MG Alfa

Your Skills and Experience

As Junior Actuarial Reporting Analyst, your basic skills and experience will ideally include:  

• Master’s degree in mathematics / statistics / finance or a similar area
• Basic knowledge of insurance products and operations
• Strong analytical skills
• Enthusiastic and positive can-do attitude
• Adaptability and flexibility
• English fluent in written and spoken (B2)
• Proficiency in Microsoft Excel

It would be a big plus, but is not required, if you’d have:

• Experience working with IFRS 17 or other market consistent valuations.
• Experience communicating analysis results.
• Programming skills in Python, R or VBA.

We offer

Compensation for roles at Zurich depends on a wide array of factors including but not limited to the specific role, skill set, level of experience, and subject to applicable law. Zurich thus provides a range of compensation aligned to internal job architecture and market benchmarks to ensure fair and consistent pay for comparable roles. The starting base salary range for this position is 1930 Eur.

Working time benefits

Personal days off, Concentrated work week, Additional vacation, Home office, Extra days off at occasion of childbirth, Sabbatical leave, Workcation

Monetary benefits

Life insurance from Zurich Austria, Compensation for salary loss during sick leave, 3rd pension pillar contribution, Risk Life Insurance, Meal contribution on top of the legally required minimum, Years of service bonus, Wedding bonus, Baby bonus

Other benefits

Electronic cafeteria, Maternity leave benefits, Massages in the office

Learning/Development

Professional Certifications, Online Education Portals, Extensive Onboarding program, Strengths based culture (GALLUP)

• Location: Bratislava

• Schedule: full-time

• Form: hybrid - occasional home office possible

About us

At our company, we recognize the importance of fostering an open-minded, safe and inclusive environment for everyone. We stand with diversity and respect different backgrounds and lifestyles. That's why we've implemented numerous initiatives to ensure our employees feel comfortable, accepted, and respected at all times.