Company
NewRe
Location
Zurich
, Switzerland
New Reinsurance Company Ltd. (NewRe) is a Swiss reinsurer founded in Zurich in 1926. As a company within the Munich Re Group, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of intelligent reinsurance products and services to help our clients stay competitive – from traditional reinsurance coverages, to niche and specialty products. Our clients highly appreciate our swift and pro-active approach when responding to their needs and market developments.
Reporting to the Head of Life, the successful candidate will become part of a newly created specialized team that is responsible for the onboarding and structuring of bespoke and complex life transactions. Our reliability and the cooperation with our client-facing experts, which are specialized in traditional and non-traditional life reinsurance solutions, are the keys to our success.
Your responsibilities
- Provide support to the marketing, pricing and onboarding teams during the new business acquisition process
- Analyse appraisal reports, transaction documents, and policy data
- Generate cash flow projections for new life reinsurance transactions
- Perform risk and profitability analyses of life insurance and reinsurance products and in-force portfolios
- Develop appropriate reinsurance solutions encompassing accounting, regulatory and economic risk transfer aspects
- Participate in client meetings and strategic projects
- Contribute to the approval and onboarding of transactions
- Collaborate with other teams like risk management, operations and accounting
Your profile
- University degree in mathematics, actuarial science, business economics or a related field
- Experience in life insurance or reinsurance, corporate finance, investment banking or financial institution consultancy
- Experience in pricing and structuring bespoke reinsurance contracts or in insurance mergers and acquisitions
- Knowledge of international accounting and regulatory frameworks in the context of the life insurance industry (CH and US jurisdictions are a plus)
- Proficient in developing practical and efficient solutions from theoretical knowledge
- High degree of personal integrity and strong sense of responsibility
- Creative and open to new approaches
- Proficient in Microsoft Office tools
- Fluent in English
Your future benefits
Our employees are our greatest asset. We therefore offer them a wide range of benefits and a modern working model appreciating its positive impact on our business achievements and personal wellbeing:
- Diversity, Equity & Inclusion: we embrace the power of differences and are convinced that diversity fosters innovation and resilience and enables us to act braver and better
- Compensation: our commitment to equal treatment of all employee is reflected in our pay practice that has been awarded the attestation for equal pay by Willis Towers Watson (following the Swiss Federal Act on Gender Equality)
- Work-life balance: promoting the compatibility of family and work throughout flexible hybrid working model
- Continuous learning: we believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.
- Health management: focus on your physical and mental health far beyond legal requirements
To learn more about us, check out www.newre.com. If you embrace challenges and want to grow with our customers and partners, we look forward to receiving your application.
