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Actuarial Reserving Analyst - Temporary

Hybrid in Barcelona·Added 3 days ago

Overview

Job details

  • Hybrid

    Only from certain places, per the ad: “un modelo híbrido mega flexible para trabajar cómo y dónde quieras dentro de España.”

Requirements

  • Have the right to work in Spain

    Zurich Insurance Spain doesn't mention sponsorship in the ad.

  • Work in English

    English is required, per the ad.

  • Be near Barcelona for hybrid days

    No relocation package mentioned.

  • Have 3+ years of experience

    Mid-level role.

  • University degree

    “Si has estudiado Actuariales, Estadística, Matemáticas, Data Science o una disciplina afín.” — per the ad.

This job was automatically translated to English.

Pay & benefits

What you'll get

#BecauseWeAreZurich, you can choose the benefits that best suit your needs.After all, there's no accounting for taste.

  • We believe in the philosophy of learning by doing, so you can move to other areas locally or internationally through our "Talent in Motion" program. And to keep supporting your development and growth: English classes, training, and a personalized mentoring program.
  • We want to shake up your expectations about flexible compensation. With our benefits package, you can choose what works best for you and your needs: health insurance, childcare, training, restaurant tickets... and much more!
  • We love putting smiles on people's faces, and at Zurich we know that's easier than it seems, which is why we're activists. And why not dedicate a whole day to the cause you care about most?
  • Referral bonus if you recommend a talent like you. We're not looking for anyone perfect, but if you know someone who's awesome, share my contact with them—I'd love to meet them.
  • If you have a competitive spirit, at Zurich we're going for gold! Marathons, races, gym discounts, and much more. 3, 2, 1... warm up, here we go!
  • At Zurich, we think about your future and offer you a pension plan and life insurance.
  • We're always looking for the best prices for you! You'll have access to thousands of discounts on insurance and banking products.

Requirements

What we're looking for

Don't worry, I'm not going to ask you to save the planet or meet 100% of the requirements.

  • If you have studied Actuarial Science, Statistics, Mathematics, Data Science or a related discipline.
  • If you have between 3 and 5 years of experience in Non-Life Reserving and feel comfortable working with actuarial models and analyses.
  • If you have advanced knowledge of ResQ or other equivalent actuarial tools.
  • If you handle Excel at an advanced level and have experience working with large volumes of data.
  • If you have knowledge of programming and automation using tools such as Python, SAS, VBA, or similar.
  • If you have the ability to perform complex statistical and financial analyses, transforming data into useful conclusions for the business.
  • If you have an advanced level of English, both written and oral, to interact with international teams and work with technical documentation.
  • If you are an analytical person, detail-oriented, and capable of interpreting complex information rigorously.
  • If you work autonomously, have the initiative to identify improvements, and enjoy seeking solutions to new challenges.
  • If you enjoy working in a team and feel comfortable communicating results and recommendations to different levels of the organization.

Nice to have

  • If you know regulatory frameworks such as IFRS17 and Solvency II, it will be a plus.
  • If you have worked with corporate databases, we will also value that positively.

The role

You will be part of a team involved in the company's main actuarial and financial processes, allowing you to develop professionally in reserving, IFRS17, and Solvency II every day. Additionally, you will have exposure to Zurich's international environment and global regulatory frameworks to participate in strategic initiatives.

What you'll do

First, you will provide support to the actuarial closing and planning process through:

  • Preparation, validation, and processing of data for the calculation of provisions.
  • Participation in the modeling and projection of different lines of business in ResQ (actuarial software).
  • Participating in the booking and reconciliation processes of reserves in local and corporate closings (IFRS17, HGB, SII).
  • Performing reconciliations, quality controls, and documentation of information.
  • Preparing and validating Forecast and Plan processes for the different lines of business.
  • Analysis of results and monitoring of deviations.
  • Contributing to the preparation of information for stakeholders.

Additionally, you will support continuous improvement and automation:

  • Collaboration in process optimization initiatives within the area.
  • Development of automations and simplifications (Excel, Python, SAS, etc.).
  • Support in the implementation of improvements in reporting, efficiency, and data quality.
  • Participation in cross-functional team projects.

How you'll work

At Zurich, we really enjoy life, we love living it to the fullest. You'll tell me how we can make you happy, but I love being able to balance my work and personal life. Here, flexible working hours and true digital disconnection are a reality.

  • We offer a super flexible hybrid model so you can work how and where you want within Spain. Plus, we'll provide you with all the equipment you need to work comfortably from home.
  • Are you more of a beach person or a mountain person? You'll get 25 vacation days, plus the insurance day and your birthday off, so you can enjoy what you love most. But don't be fooled—real disconnection. Because yes, we all deserve a little break and to enjoy life, which is short.

Hiring process

2 steps1 interview
  1. Search and apply

  2. Application review

  3. Selection process

    If you are selected to progress forward, we will reach out to arrange next steps, which could include a phone or video interview, or possibly an assessment.

  4. Offer · With a talent acquisition consultant

  5. Preparing for your start

  6. Onboarding

    Your new career at Zurich will kick off with a job-specific onboarding process and welcome experience.

  • Zurich will never ask you to purchase your own equipment or to pay to apply.
  • If you are not selected to move forward in the process, you will receive a notification via email.

Hiring process

Right now, you are either feeling the excitement of when a pair of trousers fits you perfectly, or you are thinking: "this isn't for me" (if it's not for you, that's okay, we will meet again in the future). You can play matchmaker by sharing my contact information with anyone you think might be a good fit.

If you've made it this far, THANK YOU for reading. What did you think? Are we awesome or what?

If you felt butterflies in your stomach and think we're a good match, send up smoke signals—or your CV, if smoke isn't your thing.

And to wrap things up, do you want to know what other people at Zurich think? I'd say we're still ranked at the top in Top Employers Spain as our calling card, but I encourage you to check out our Glassdoor profile so they can tell you themselves. No tricks, no gimmicks.

I hope to meet you very soon.

Leyre Romea

About Zurich Insurance Spain

Zurich Insurance Spain is the Spanish arm of Zurich Insurance Group, one of the world's largest and most established insurance providers. The company offers a broad range of insurance products and services, including life, pensions, property, casualty, and commercial insurance, serving both individual and corporate clients. With a significant workforce in Spain, it operates as a key market within the global Zurich network, which is headquartered in Zurich, Switzerland, and employs over 60,000 people worldwide.

In Spain, Zurich has a strong presence with offices in major cities such as Madrid and Barcelona, and it is known for its focus on digital transformation, data analytics, and automation. The company offers a dynamic work environment with numerous opportunities for international professionals, including internships and trainee programs in areas like data engineering, AI, and actuarial science. Zurich emphasizes professional development and innovation, making it an attractive employer for those looking to build a career in the insurance sector in Spain.

Industry
Insurance
Founded
1872
Employees
50,000–100,000
Headquarters
Zurich, Switzerland
In Spain
Madrid, Barcelona
Website
zurich.es

Good to know if you are moving

  • Zurich Insurance Spain has offices in Madrid and Barcelona, offering a strong base for international professionals.
  • The company provides numerous internship and trainee programs in fields like data engineering, AI, and actuarial science, ideal for early-career internationals.
  • Zurich is a global leader in insurance, providing a well-known brand and extensive career development opportunities.
  • The Spanish operations are heavily focused on digital transformation, creating roles for tech and data professionals.
  • Working at Zurich in Spain offers exposure to a multinational environment with English often used in corporate communications.

In their own words

About the company & team

Hello!

I'm Leyre, the recruiter for this position. I love writing and reading horror stories, but what I enjoy most is a good family meal with the people I love most. If you like seventies and eighties music as much as I do, we'll definitely connect!

Maybe this is the tenth job posting you've read today, on the sofa with Netflix on in the background, or in the middle of a career change... and they all look the same to you.

I'll be straight with you: at Zurich, we're not perfect, but we're pretty awesome! And if you want to know why, keep reading.

First of all, THANK YOU for taking an interest in our company. We know that searching for new opportunities can be a challenge, but... don't worry, the right one will come along!

Let's get to the point! I'll try to summarize our DNA for you in 2 points :

  • We love volunteering, but we prefer being activists for change. How? By focusing on young people at risk of social exclusion or by fighting climate change with actions like reforesting forests in Madrid and Doñana National Park. In 2025, we logged more than 28,000 hours of activism.
  • At Zurich, we say it loud and clear: we're proud of our colors and we believe a diverse team makes a difference. Here, we don't talk about disability, we talk about ability. Being your true self is our priority, with no closets standing between us and no glass ceilings. 50% of our management positions are held by women (including the Executive Committee). Did you know we produce our own podcasts about sexual identity? We're building a company where everyone is welcome.

And you might be wondering: Leyre, what will my day-to-day look like wearing the blue shirt? I love that you're asking that question (I asked it myself back in the day):

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