Senior Auditor - Property & Casualty Actuarial (Hybrid; m/f/x/d)
Swiss Re · Madrid, Spain · 1d ago
Are you a qualified or nearly qualified Property & Casualty Actuary looking to leverage your technical expertise in a role with broad organisational impact? Join our Group Internal Audit team in Madrid, where you'll help protect Swiss Re's assets, reputation, and sustainability through independent risk assessment and insightful recommendations. This role offers exceptional visibility across the business and a genuine opportunity to influence topics of organisational significance.
About the Role
As a Senior Auditor specialising in Property & Casualty actuarial topics, you'll be at the heart of Swiss Re's risk assurance function — leading audits across the (re)insurance value chain with a focus on reserving, pricing, and risk management. You'll evaluate control effectiveness, identify emerging risks, and engage with senior stakeholders to drive meaningful improvements. This is a role where your actuarial expertise meets strategic impact.
Key Responsibilities
- Lead and deliver a portfolio of audits across the Property & Casualty (re)insurance value chain, owning engagements end-to-end and ensuring timely, high-quality, risk-focused outcomes.
- Evaluate the effectiveness of governance, controls, and risk management practices across actuarial topics, including reserving and pricing.
- Identify and assess key and emerging risks within the P&C actuarial domain, keeping Swiss Re ahead of the curve.
- Engage and challenge senior stakeholders, fostering transparent and constructive discussions that support effective risk management and sound decision-making.
- Coach and support team members, sharing your expertise and contributing to a collaborative, high-performing audit team.
- Contribute to a strong, forward-looking risk culture at Swiss Re, reinforcing the value of independent, objective assurance.
About the Team
Group Internal Audit (GIA) provides independent and objective assurance to support the Board of Directors and Group Executive Committee in protecting Swiss Re's assets, reputation, and sustainability. GIA's vision is to advance Swiss Re's resilience by delivering risk-responsive assurance and providing innovative insights that strengthen the control environment and support the achievement of business objectives. As part of this team, you'll work alongside talented professionals who are passionate about making a real difference to the organisation.
About You
You're a detail-oriented Property & Casualty (P&C) actuary with strong analytical skills and the confidence to challenge established practices. You excel at translating complex actuarial concepts into meaningful business insights and can communicate effectively with stakeholders at all levels. You're passionate about risk management and eager to contribute to Swiss Re's resilience through independent, objective assessment.
We are looking for candidates who meet these requirements:
- Nearly qualified or fully qualified P&C actuary
- 7+ years of experience in the insurance and/or reinsurance industry
- Strong experience in P&C reserving and/or pricing methodologies
- Solid understanding of emerging risks and trends in the P&C (re)insurance industry
- Solid understanding of IFRS 17 and/or US GAAP governance, processes, and controls
These are additional nice to haves:
- Experience in internal audit or risk management functions
- Knowledge of regulatory frameworks applicable to (re)insurance companies
- Experience with data analytics tools and techniques
- Project management skills and experience leading small teams
For Spain, the base salary range for this position is between 56 000 EUR and 94 000 EUR for a full-time role.
The specific salary offered considers:
- The requirements, scope, complexity and responsibilities of the role
- The applicant's own profile including education/qualifications, expertise, specialisation, skills and experience
In addition to your base salary, Swiss Re offers an attractive performance-based variable compensation component, designed to recognise your achievements. Furthermore, you will enjoy a variety of global and location specific benefits. Eligibility may vary depending on the terms of Swiss Re policies and your employment contract.
Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week.
Please upload your CV in English.
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.
Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.
During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.
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.
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