At a Glance
- Tasks: Evaluate and lead innovative longevity pricing solutions for global transactions.
- Company: Join Swiss Re, a leader in reinsurance and risk management.
- Benefits: Competitive salary, performance bonuses, and global benefits.
- Other info: Dynamic team environment with opportunities for professional growth.
- Why this job: Shape strategic longevity solutions and make a real impact worldwide.
- Qualifications: Fully qualified actuary with experience in life insurance and longevity transactions.
The predicted salary is between 51750 - 63250 £ per year.
Location: London, GB
Are you an experienced actuary ready to take on complex longevity risk challenges at a global level? Join our team at Swiss Re where you'll shape our strategic approach to longevity transactions and lead innovative pricing solutions that impact our business worldwide. We are a small and dynamic team which will provide you with a challenging and meaningful role.
About the Role
- Evaluate potential longevity transactions to test suitability for further investigation
- Lead modelling and costing of longevity transactions, performing detailed data analysis, proposing basis and pricing
- Help to formulate solutions to both clients' needs and internal pricing issues
- Manage the maintenance and development of Longevity pricing processes
- Lead or support ad-hoc projects and research
- Support the ongoing development of our costing framework for longevity business
About the Team
We are a cross-disciplinary team, part of the wider Life & Health Structured Solutions team. Our mandate is analysis of, performing due diligence and executing transactions with Longevity Solutions. Our team contributes to one of Swiss Re's strategic initiatives and carries out projects in the longevity field.
About You
We are looking for candidates who meet these requirements:
- A fully qualified actuary with substantial experience in life and health insurance
- Proven expertise in longevity transactions
- Previous experience of actuarial pricing
- Experienced in Mortality analysis
- Proficiency in excel/VBA and other programming environments (e.g. Python)
Our team will welcome you as a member if you are:
- A strong team member able to build working relationships across technical areas
- Strong in handling your own workload when faced with multiple priorities, but willing to seek guidance as and if required
- Able to think independently - willing to form and defend own view on technical topics
- Analytical, problem solver and creative
For London based role, the base salary range for the Longevity pricing actuary is between GBP 62,000 and GBP 94,000 (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.
We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.
About Swiss Re
Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance‑based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting‑edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace 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.
Longevity Pricing Actuary (80-100%) in London employer: International Association of Insurance Professionals (IAIP)
Join a leading global bank that values its employees and fosters a collaborative work culture in the heart of London. With a focus on professional development, this role offers you the chance to enhance your skills in a dynamic international banking environment while enjoying the benefits of hybrid working. The bank is committed to supporting your growth through exposure to diverse teams and projects, making it an excellent employer for those seeking meaningful and rewarding employment.
Contact Details:
International Association of Insurance Professionals (IAIP) Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Longevity Pricing Actuary (80-100%) in London
✨Dive Into Industry Networking Events
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We think you need these skills to ace Longevity Pricing Actuary (80-100%) in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
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Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at International Association of Insurance Professionals (IAIP).
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at International Association of Insurance Professionals (IAIP). Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at International Association of Insurance Professionals (IAIP)
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at International Association of Insurance Professionals (IAIP) to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
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As a full-timer at International Association of Insurance Professionals (IAIP), they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
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Understanding International Association of Insurance Professionals (IAIP)'s values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
