Reserving Analyst

Description

Job Summary: We are seeking a Non-Life Reserving Analyst to join our Non-Life Actuarial team in Portugal, with an interest in data analysis and an international environment. Key Highlights: 1. Support for actuarial analyses and calculation of technical provisions 2. Contribution to process automation and continuous improvement 3. Collaboration with Finance and Accounting teams **Hello and welcome to the Zurich universe!** At Zurich, we aim to create opportunities for professional development and growth, fostering a healthy, balanced, and challenging work environment grounded in a culture of closeness, trust, and collaboration. We were awarded 1st place in the Large Companies category of the Excellence Index and received the Top Employer Portugal certification, placing us among the best employers nationally. We are looking for a **Non-Life Reserving Analyst** to join our Non-Life Actuarial team in Portugal. If you are interested in the insurance sector, enjoy data analysis, and wish to work in an international and collaborative environment, this could be the right opportunity for you. **What will be your key responsibilities?** * Support the execution of actuarial analyses, including calculation of technical provisions and cash flow projections. * Contribute to automation and continuous improvement of reserving and financial reporting processes. * Ensure alignment of processes and methodologies with Zurich’s internal actuarial policies and applicable regulatory requirements. * Collaborate with Finance and Accounting teams in analysing and validating financial information. * Participate in portfolio-level reserving analyses, identifying trends, risks, and improvement opportunities. * Support preparation of internal and regulatory reports. * Work closely with various organizational areas, contributing to data-driven decision-making. **The profile we seek** Even if you do not meet all the requirements below, please still apply. * Bachelor’s or Master’s degree in Mathematics, Actuarial Science, Statistics, Economics, Engineering, or a related field. * 2–3 years of professional experience in reserving, actuarial functions, data analysis, or related roles within the insurance industry. * Knowledge of key reserving concepts and methodologies. * Fluency in Portuguese and English, both spoken and written. * Interest in building an actuarial career and, ideally, obtaining an actuarial qualification. * Familiarity with reserving, data management and analysis, and programming tools such as ResQ, R, SQL, SAS, or Python. * Strong analytical ability, attention to detail, and problem-solving orientation. * Ability to work autonomously, in an organized manner, and with a results-driven mindset. * Team spirit, proactivity, curiosity, and willingness to learn. **Salary Transparency** For this role, the indicative gross annual salary ranges between €35,000 and €45,000. Additional variable components may also apply, in accordance with Zurich’s compensation policy. Your final offer will be determined based on your professional experience, demonstrated competencies, and internal positioning, ensuring consistency with comparable roles and market benchmarks. **Why Zurich?** At Zurich, we believe the best solutions emerge when we challenge the status quo, collaborate, and continuously learn. We foster an inclusive culture where each individual is valued for their uniqueness, and where diversity of experience and perspective makes us stronger as a team. If you seek an organization where you can grow professionally, contribute to impactful projects, and build a solid career in an international environment, we would love to meet you. **Together, we create a brilliant future!**