Job Description

Join our dynamic and dedicated Reserving team for Commercial Insurance within the Non-Life Actuarial Centre of Excellence (CoE) at Zurich. The CoE plays a crucial role in reserving the General Insurance business across multiple European countries as well as the Commercial Insurance business in Europe.


We are seeking a reliable and solution-oriented professional who is passionate about utilizing their analytical skills to drive impactful decisions and contribute to the growth and development of our team. If you are enthusiastic about making a meaningful difference and being part of a collaborative and innovative environment, we would love to hear from you.


If you are a dependable and solution-focused professional with a strong passion for leveraging your analytical skills to drive meaningful decisions and foster team development, we would love to hear from you.


Find out here why Zurich Switzerland is among the "Top 10" companies in Switzerland. Become a part of it and apply as Junior Reserving Actuarial Analyst.

What you will do

You prepare and conduct actuarial analyses, including loss projections and technical reserves calculations under IFRS17 for both gross and reinsurance layers for our Commercial Insurance business in Spain You interact closely with the local Reserving team as well as other functions in the Spanish Business Unit and ensure smooth collaboration with the Actuarial CoE in Zurich You coordinate with Finance and Accounting to ensure the accuracy and adequacy of the balance sheet and profit and loss statements You provide insights into underlying performance and business implications to Finance, other business functions, and Reserving Actuaries, conducting in-depth reserving analyses on specific portfolios You represent the actuarial perspective during cross-functional meetings with Commercial Insurance leaders in Spain You participate in the development, automation and continuous improvement of the reserving and financial reporting processes within the Actuarial CoE You ensure that processes and standards align with Zurich's internal actuarial policies and guidelines, as well as existing regulations

What you bring

A University degree in mathematics, physics, actuarial sciences, statistics, or a related field Initial experience with reserving methods is an advantage Willingness to pursue an actuarial qualification or being partly qualified as an actuary (according to local society standards) Strong data management and programming skills (e.g. Python, VBA, R) are highly advantageous Ability to work independently and efficiently under tight deadlines A Team player with enthusiasm, curiosity, and a positive attitude Fluency in English and Spanish; German and other languages is an advantage

Your contact

Senior Talent Acquisition Consultant: Bernd Makasy

Additional Information

Full time and part time: 80-100%

Work location: Zurich, Oerlikon
Hybrid work: up to 40%



We look forward to receiving your online application - even without a cover letter.
You are welcome to convince us of your motivation in a personal meeting.

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 210 countries and territories 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 foster a culture of diversity and inclusion. Our purpose and values are designed to protect, inspire confidence and help our employees reach their full potential. We value and defend what is right and promote opportunities for equity among our professionals, regardless of gender, disability, LGBTQ +, race, ethnicity, generations, belief, etc. Our talent acquisition and hiring processes respect this commitment daily. Join Zurich and be part of this culture.

Information for recruitment agencies

Zurich accepts no applications from recruitment agencies for this position. We therefore request that recruitment agencies do not submit any candidate documents neither via our employees nor through our online career portal. We refuse any responsibility for unsolicited applications as well as any associated fees. Thank you for your understanding.