Solvency II Business Analyst (m/f) 80-100%
- Zurich, Switzerland
- Permanent, Full time
- Zurich Insurance Company Ltd
- 23 Mar 19
The Solvency II team at Zurich is business partner to the Zurich's European entities with regard to the Solvency II regulation. The team:
Provides expertise and support on the interpretation of the Solvency II requirements, capital modelling, scenario modelling and regulatory reporting;
Maintains and develops an in house tool to calculate the capital requirements according to the Solvency II Standard Formula and to produce the regulatory reports for all the European entities of the Zurich Group, with over 200 users across Europe.
As part of our Solvency II Team, you will be responsible for the interpretation of some of the regulatory requirements and their implementation in the relevant processes and tools to calculate the Solvency II Standard Formula and produce the Quantitative Reporting Templates. You will work closely with several business stakeholders in Zurich and in Europe and with the software developers of the Solvency II team located in both Zurich and Bratislava. You will act as an interface between the business owners, the software developers and the users in implementing regulatory changes and process optimization requirements into the Solvency II tools. You will also provide support to the users on scenario modelling and forward looking modelling of the Solvency II available and required capital.
We are looking for a highly motivated and talented fast learner to join our strong team, and, following a scrum (agile) development methodology, support our users in calculating the Solvency II capital requirement and submitting the Solvency II quantitiative reports.
As a Solvency II Business Analyst (m/f) your main responsibilities will involve:
Collecting business requirements and translating them into agile "user stories"
Implementing technical specifications and testing prototypes
Collaborating closely with the business stakeholders at the headquarter and in the European entities of the Group
Supporting the stakeholders with the interpretation of the regulation and with modelling expertise
Collaborating closely with the software developers inside the team and, in some cases, acting as a developer
Advising on scenario modelling and forward looking modelling of available and required capital
Testing of the correctness of the implementation
Your Skills and Experience
As a Solvency II Business Analyst (m/f) your skills and qualifications will ideally include:
University degree in Mathematics, Actuarial, Statistics, Physics, Computer Science, Numerical Analysis or equivalent
5 or more years of work experience in related field, ideally in the risk modelling area.
Good understanding of algorithmic methods in the areas of probability, statistics, econometrics or actuarial modelling
Coding experience in at least two programming languages such as R, S-Plus, Python, Matlab, VBA, Java, C#, C/C++
Willingness and desire to work in R
Experience in an agile framework (e.g. Scrum, Kanban) is a plus
Excellent communication and multitasking skills
Being able to understand complex problems and strong problem solving attitude
Strong English language skills (written and spoken)
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 170 countries 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 either via our employees or through our online career portal.
We refuse any responsibility for unsolicited applications as well as any associated fees. Thank you for your understanding.