At a Glance
- Tasks: Analyse data and execute pricing strategies to enhance portfolio profitability.
- Company: Join a global leader in insurance with a diverse and inclusive culture.
- Benefits: Competitive salary, performance bonuses, hybrid work model, and global benefits.
- Other info: Collaborate with a skilled team across the globe and enjoy excellent career growth.
- Why this job: Make a real impact on financial performance while advancing your actuarial career.
- Qualifications: Degree in a quantitative field and experience in actuarial pricing.
The predicted salary is between 68000 - 102000 £ per year.
Locations: Manchester, GB | London, GB
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 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.
Qualifications
- 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.
Pricing Actuary (Hybrid, 80 - 100%) in Manchester employer: Hispanic Alliance for Career Enhancement
Swiss Re is an exceptional employer that champions a collaborative and inclusive work culture, particularly for the Pricing Actuary role in Manchester or London. With a strong focus on professional development, employees benefit from a hybrid work model, competitive salaries, and performance-based compensation, all while being part of a global team that values diverse perspectives and innovative thinking.
Contact Details:
Hispanic Alliance for Career Enhancement Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Actuary (Hybrid, 80 - 100%) in Manchester
✨Tip Number 1
Network like a pro! Reach out to current employees on LinkedIn or attend industry events. We all know that sometimes it’s not just what you know, but who you know that can help you land that Pricing Actuary role.
✨Tip Number 2
Prepare for those interviews by brushing up on your technical skills and understanding of Alternative Risk Transfer structures. We recommend practising common actuarial scenarios and being ready to discuss how you’d tackle complex case pricings.
✨Tip Number 3
Show off your analytical prowess! Be ready to share examples of how you've used data-driven techniques in past roles. We want to see how you can communicate those insights effectively to stakeholders, just like you would in the job.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Pricing Actuary (Hybrid, 80 - 100%) in Manchester
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Pricing Actuary role. Highlight your experience with Alternative Risk Transfer structures and any relevant projects you've worked on. We want to see how your skills align with what we're looking for!
Showcase Your Skills:Don’t forget to showcase your technical skills, especially in MS Excel, R/Python, or SQL. We love seeing candidates who can leverage data-driven techniques, so make sure to mention any relevant experience you have in your application.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a great fit. We appreciate enthusiasm and a clear understanding of the position.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and ensure it reaches the right people. Don’t miss out!
How to prepare for a job interview at Hispanic Alliance for Career Enhancement
✨Know Your Numbers
As a Pricing Actuary, you'll be dealing with complex data and statistical analysis. Brush up on your quantitative skills and be ready to discuss specific examples of how you've used data-driven techniques in past roles. This will show your technical expertise and ability to communicate analytical findings effectively.
✨Understand Alternative Risk Transfer
Since the role involves pricing large transactions with complex structures, make sure you have a solid understanding of Alternative Risk Transfer. Prepare to discuss any relevant experience you have in this area, and think about how you can apply that knowledge to the company's portfolio goals.
✨Communicate Clearly
You'll need to convey complex ideas to diverse audiences, so practice explaining your past projects in simple terms. Use clear, concise language and avoid jargon when possible. This will demonstrate your excellent interpersonal skills and ability to engage with stakeholders effectively.
✨Show Your Initiative
Being a self-starter is key for this role. Think of examples where you've taken the initiative to implement measures that led to successful outcomes. Be prepared to share these stories during the interview to highlight your goal-oriented mindset and enthusiasm for advancing your actuarial career.
