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: Bachelor's degree in a quantitative field and experience in actuarial roles.
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: Montanabankers
Swiss Re is an exceptional employer that champions a collaborative and inclusive work culture, fostering professional growth and innovation among its employees. With a hybrid work model and a commitment to employee development, you will have access to diverse global opportunities and competitive benefits tailored to your location in Manchester or London. Join us to make a meaningful impact on portfolio profitability while advancing your actuarial career in a supportive environment.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Actuary (Hybrid, 80 - 100%) in Manchester
✨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 on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Ace the Interview
Prepare for your interviews by practising common actuarial questions and scenarios. We recommend doing mock interviews with friends or mentors to build your confidence. Remember, it’s all about showcasing your skills and how you can contribute to the team!
✨Showcase Your Skills
Create a portfolio of your work that highlights your analytical skills and projects you've tackled. Whether it's a complex pricing model or a data analysis project, we want to see what you can do! This will give you an edge over other candidates.
✨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%) in Manchester
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 don’t forget to showcase your data analysis skills!
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 perfect fit. Be sure to mention your communication skills and ability to work with diverse teams.
Showcase Your Technical Skills:Since this role requires proficiency in MS Excel and programming languages like R/Python or SQL, make sure to highlight any relevant projects or experiences where you've used these tools. We want to see your technical prowess!
Apply Through Our Website:We encourage you to apply directly through our website for the best chance of success. It’s the easiest way for us to receive your application and ensures you’re considered for the role. Don’t miss out!
How to prepare for a job interview at Montanabankers
✨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 how you've used data-driven techniques in past roles. Prepare examples that showcase your ability to derive meaningful insights from diverse data sources.
✨Communicate Clearly
You'll need to convey complex ideas to various stakeholders, so practice explaining your analytical findings in simple terms. Think about how you can tailor your communication style to different audiences, whether they are underwriters or finance teams. Clear communication can set you apart!
✨Showcase Your Technical Skills
Make sure you're comfortable discussing your experience with actuarial models and software like MS Excel, R, Python, or SQL. Be prepared to share specific projects where you've developed or enhanced models, as this will demonstrate your technical expertise and problem-solving abilities.
✨Emphasise Teamwork and Initiative
The role requires a collaborative spirit and a self-starter attitude. Think of examples where you've worked effectively in a team or taken the initiative on a project. Highlighting your ability to work independently while also being a supportive team player will resonate well with the interviewers.
