Pricing Actuary (Hybrid, 80 - 100%)

Are you ready to elevate your actuarial career in the dynamic world of commercial General Insurance? Join us to develop crucial product expertise and analytical capabilities that directly impact the profitability of a global underwriting portfolio. This is your opportunity to make a meaningful difference while advancing your professional journey.

About the Role

As our Pricing Actuary, you'll be a standout colleague reporting to the Global GL Pricing Lead within the Actuarial Portfolio Management (APM) Unit. You'll leverage data-driven techniques to execute portfolio goals, applying your technical actuarial expertise and business acumen to effectively communicate analytical findings to global partners. Your work will directly influence portfolio profitability and contribute to our Business Unit's overall performance.

Key Responsibilities

• Work independently on complex case pricings with a specialism in Alternative Risk Transfer structures and communicate outcomes effectively to underwriters and wider stakeholders.

• Build technical portfolio insight capabilities to optimize financial performance management and enhance profitability views across business lines.

• Analyze portfolios by examining diverse data sources and performing statistical analysis to derive meaningful insights.

• Communicate results to wider partners including Portfolio Managers, Reserving Actuaries, and Finance departments.

• Execute actuarial rate reviews to update costing parameters of in-house Swiss Re developed models.

• Develop and enhance actuarial models through dedicated project work.

About the Team

We are a team of highly skilled and innovative Actuaries spread across the world in Bangalore, Munich, Zurich, Manchester, London, New York, Windsor, Kansas City and Toronto. Our team comprises of qualified and student Actuaries who are an integral part to Swiss Re CorSo. We are part of the Underwriting Unit and report to the Chief Underwriting Officer (CUO). We foster an inclusive culture that values diverse perspectives and innovative thinking, ensuring equal opportunities for professional development.

About You

We're seeking an ambitious, trustworthy, and enthusiastic team player who is passionate about advancing their actuarial career. You'll need excellent interpersonal and communication skills with the ability to convey complex ideas effectively to diverse audiences. You're a self-starter who takes initiative and implements measures in a goal-oriented manner.

We are looking for someone brings:

• Bachelor's degree in a Quantitative/Numerical subject from a recognized university.

• Significant experience in an Actuarial position, ideally in a long-tail line of business.

• Experience in pricing large transactions with complex structures – including Alternative Risk Transfer.

• Qualified Actuary or on track to qualification.

• Excellent skills in MS Excel and proficiency in R/Python or SQL.

Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week.

For London, the annual base salary range for this position is between GBP 68 000 and GBP 102 000 (for a full-time role). For Manchester, the annual base salary range for this position is between GBP 56 000 and GBP 84 000 (for a full-time role). The specific salary offered considers:

• the requirements, scope, complexity and responsibilities of the role,

• the applicant's own profile including education/qualifications, expertise, specialisation, skills and experience.

In addition to your base salary, Swiss Re offers an attractive performance-based variable compensation component, designed to recognise your achievements. Further you will enjoy a variety of global and location specific benefits. Eligibility may vary depending on the terms of Swiss Re policies and your employment contract.

About Swiss Re Corporate Solutions 

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.

Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.