Analyst of Economic Assumptions

Our opportunity
Analyst of Economic Assumptions #LI-Hybrid

In this role, you will join a team of actuarial analysts in Bratislava supporting the internal model calculations with respect to the life insurance business of the Zurich Group. You will be involved in centralized production of economic assumptions, prepare reports for senior management and you will be developing new features to our python code base. This role is an ideal opportunity to participate on various aspects of production of key economic assumptions for the group: the risk-free yield curves and risk-neutral stochastic scenarios. 

Your role 
As an Analyst of Economic Assumptions, your main responsibilities will include: 

• Participate on regular monthly and quarterly direct production of economic assumptions using Apache Airflow orchestrator empowered with python repositories.
• Processing market data (LSEG, Bloomberg, Moody’s, etc). Direct data validation on Bloomberg terminal (approximately once a month).
• Produce ad-hoc analyses and reports based on requirements clarified with more senior team members in Bratislava/Zurich.
• Interact with a wide range of stakeholders across the whole Zurich Group and occasionally even externally with third parties.
• Support theoretical methodology developments and investigations on alternative proxy modelling techniques (SII EIOPA, IFRS17, PRA, FINMA) and calibration approaches (LMM+, 2FV, etc.).
• Maintain and develop actuarial solutions reflecting business need - translating stakeholders requests into practical solutions (Includes technologies, not limited to: Airflow, Python, Excel, Jupyter Notebooks, Moody’s licensed software).
• Code development on Azure DevOps with CI/CD culture.
   

Your Skills and Experience
As an Analyst of Economic Assumptions, your skills and experience will ideally include:

• Master’s degree in quantitative finance, mathematics or similar
• Experience with data wrangling (Python, Excel / other programming experience like R, MATLAB, MAPLE also acceptable but willingness to work in python is a hard requirement) 
• Excellent English communication skills (verbal and written)
• Responsible and organized character for accurate and timely reporting delivery
• Willingness of possible trips to Zurich (~5% per year)
• Position is relevant also for fresh graduates / people looking for job during their last year of master studies

We offer
Apart from a monthly salary offer starting from 1 800 EUR gross and an annual bonus we offer benefits package which includes:
 
Working time benefits
Personal days off, Concentrated work week, Additional vacation, Home office, Extra days off at occasion of childbirth, Sabbatical leave  

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
Edenred electronic cafeteria, Public Transport contribution, Maternity leave benefits, Massages in the office
 
Learning/Development
Professional Certifications, Online Education Portals, Extensive Onboarding program, Strengths based culture (GALLUP)
 

• Location(s): Bratislava
• Hybrid working: It would be nice to meet you in the office 2-3 times a week, if you live close by. We are also open to hear your preference to work from home more often
• Schedule: Full-time, Slovak working hours

 
About us

At Zurich Insurance, 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.