Valuation Actuary
Swiss Re · Tokyo, Japan · 25d ago
Valuation Actuary
Are you an actuarial professional with a passion for Life & Health reinsurance and a drive to make a real impact in one of Asia's most dynamic markets? Join Swiss Re's Actuarial Reserving team in Tokyo and play a pivotal role in shaping the financial future of our Japan L&H portfolio.
About the Role
As a Valuation Actuary at Swiss Re Japan, you will be at the heart of our Life & Health valuation activities, ensuring the integrity and accuracy of policy liabilities across multiple reporting frameworks. This is a role where technical excellence meets business acumen — you'll collaborate across functions, engage with regulators, and contribute meaningfully to the management of a sophisticated in-force portfolio in one of the world's most important insurance markets.
Key Responsibilities
- Perform quarterly reserving and reporting processes for L&H business in Japan, ensuring outputs are timely, accurate, and reflective of evolving business needs
- Ensure in-force data quality and proper determination of policy liabilities across IFRS, JGAAP, Singapore Statutory, and Swiss Statutory frameworks
- Monitor and communicate the performance of Japan and assigned L&H business portfolios to key stakeholders
- Track and interpret JFSA regulatory requirements, with a particular focus on economic solvency and actuarial standards, ensuring Swiss Re remains ahead of regulatory developments
- Support cross-functional engagement with internal teams including Portfolio Management, Technical Accounting, Risk Management, and Finance to drive effective in-force portfolio management
- Facilitate the actuarial feedback loop from valuation to pricing by liaising closely with Client Markets and Pricing teams across Asia
- Collaborate with external clients and regulators to support transparent and effective management of L&H in-force portfolios
- Contribute to a strong team culture, proactively fostering collaboration and knowledge sharing within the Actuarial Reserving team
About the Team
Reporting to the Head of Reporting & Analysis Japan within the Life & Health Valuation Actuarial Asia function, you will be a key contributor to the Actuarial Reserving team dedicated to the Japan market. This team sits within the broader L&H Finance division at Swiss Re, which is responsible for managing in-force business across the region.
The Valuation Actuarial team in Asia is a trusted partner to Swiss Re's L&H business, delivering high-quality financial information and expert advice on past performance and expected future profitability. The team works in close collaboration with business origination functions — including Client Markets and Pricing — as well as other units within the L&H Finance division, creating a rich, interdependent network of expertise.
This is a team that values intellectual curiosity, solutions-oriented thinking, and a collaborative spirit. You will be encouraged to proactively engage with cross-functional partners and to help drive the delivery of Swiss Re's overall in-force management mandate in Japan.
About You
We are looking for a technically strong and commercially minded actuarial professional who thrives in a collaborative, fast-paced environment. You bring a solutions-oriented mindset, the ability to communicate complex actuarial concepts clearly to diverse audiences, and a genuine enthusiasm for the Life & Health reinsurance space. You are comfortable navigating regulatory landscapes and building strong relationships across functions and cultures.
We are looking for candidates who meet these requirements:
- At least 3 years of L&H valuation or pricing experience in reinsurance, primary insurance, or insurance consultancy
- Good progress in actuarial examinations (e.g., towards fellowship with a recognized actuarial body)
- Working-level understanding of at least one of the following reporting frameworks: IFRS, JGAAP, or Singapore Statutory
- Strong technical knowledge and proficiency in actuarial modelling systems, with the ability to analyze and interpret large volumes of data
- Native-level Japanese language skills and basic English communication ability
These are additional nice to haves:
- Experience in corporate actuarial functions within a reinsurance or insurance environment
- Familiarity with multiple reporting frameworks (IFRS, JGAAP, Singapore Statutory, and/or Swiss Statutory)
- Demonstrated ability to balance rigorous technical requirements with a business-oriented mindset
- Experience liaising with regulators, particularly the JFSA, or working on economic solvency-related projects
- Strong interpersonal and stakeholder management skills, with a track record of effective cross-functional collaboration
- Proficiency in data tools and programming languages used in actuarial analysis (e.g., Prophet, R, Python, or similar)
The base salary range for this position will be shared with you during the interview process.
Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week.
About Swiss Re
Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 15,000 employees across the world.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.
If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.
Reference Code: 138955