At a Glance
- Tasks: Leverage data-driven techniques to optimise portfolio profitability and communicate insights effectively.
- 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 opportunities.
- Why this job: Make a real impact on portfolio performance while advancing your actuarial career.
- Qualifications: Bachelor's degree in a quantitative subject 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%) employer: Hispanic Alliance for Career Enhancement
Swiss Re is an exceptional employer that champions a culture of inclusivity and innovation, making it an ideal place for aspiring Pricing Actuaries. With a hybrid work model and a commitment to professional development, employees benefit from competitive salaries, performance-based compensation, and a supportive environment that values diverse perspectives. Located in vibrant cities like Manchester and London, our team enjoys access to global resources while contributing to impactful projects that enhance portfolio profitability.
Contact Detail:
Hispanic Alliance for Career Enhancement Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Actuary (Hybrid, 80 - 100%)
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to current employees at Swiss Re. A friendly chat can sometimes lead to opportunities that aren’t even advertised.
✨Show Off Your Skills
When you get the chance to meet potential employers, make sure to highlight your technical skills and experience with data analysis. Bring examples of your work or projects that showcase your expertise in pricing and portfolio management.
✨Prepare for the Interview
Do your homework on Swiss Re and the role of Pricing Actuary. Be ready to discuss how your background aligns with their goals, especially around Alternative Risk Transfer structures. Practice common interview questions and think about how you can demonstrate your problem-solving skills.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Swiss Re.
We think you need these skills to ace Pricing Actuary (Hybrid, 80 - 100%)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Pricing Actuary role. Highlight your actuarial expertise, especially in Alternative Risk Transfer structures, and any relevant data analysis experience.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're passionate about this role and how your background makes you a great fit. Be sure to mention your communication skills and ability to convey complex ideas, as these are key for the position.
Showcase Your Technical Skills:Don’t forget to emphasise your proficiency in MS Excel, R/Python, or SQL. We want to see how you've used these tools in your previous roles to drive insights and improve financial performance.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team!
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 technical skills in MS Excel, R, Python, or SQL before the interview. Be ready to discuss how you've used these tools in past roles to derive insights and influence portfolio profitability.
✨Communicate Clearly
You'll need to convey complex ideas to diverse audiences, so practice explaining your analytical findings in simple terms. Think of examples where you've successfully communicated results to stakeholders, like underwriters or finance teams, and be prepared to share those stories.
✨Show Your Initiative
The role requires a self-starter who takes initiative. Prepare examples of when you've independently tackled complex case pricings or developed actuarial models. Highlight your goal-oriented approach and how it led to successful outcomes in your previous positions.
✨Understand the Business
Familiarise yourself with Alternative Risk Transfer structures and how they impact pricing strategies. Research the company’s portfolio management goals and think about how your expertise can contribute to their success. This will show your genuine interest in the role and the business.
