At a Glance
- Tasks: Lead mortality pricing and portfolio management for UK & Ireland, shaping reinsurance solutions.
- Company: Join Swiss Re, a global leader in reinsurance with a collaborative culture.
- Benefits: Competitive salary, performance-based bonuses, and diverse global benefits.
- Other info: Hybrid work model with opportunities for professional growth and a supportive team environment.
- Why this job: Make a real impact in the insurance market while developing your leadership skills.
- Qualifications: Qualified actuary with strong experience in Life & Health insurance and mortality pricing.
The predicted salary is between 92000 - 138000 £ per year.
In this high-impact, client-facing role, you will play a leading role in shaping reinsurance solutions across the UK & Ireland protection market. You will apply your technical actuarial and modelling expertise across new business pricing, portfolio monitoring, and strategic initiatives in the UK&I market as well as working closely with clients and senior colleagues across Swiss Re’s global network. The role offers significant commercial exposure, alongside direct engagement with senior stakeholders across the business, providing a platform to influence pricing decisions, portfolio performance, and market strategy. You will also represent Swiss Re externally, contributing to the firm’s market presence through client interactions and industry events. This is a line management role with three direct reports.
Main activities
- Build and maintain strong relationships with clients’ pricing and reinsurance teams, acting as a trusted partner across new business and portfolio monitoring matters.
- Lead the development and management of Terms of Trade for UK & Ireland, Life & Health protection products, primarily across individual and group mortality.
- Own the development of pricing assumptions, ensuring they are robust, evidence-based, and aligned with portfolio experience and market strategy.
- Lead pricing of traditional reinsurance tenders across new and established products, taking ownership of recommendations and associated sign-off within agreed authority.
- Work with clients on pricing and product development opportunities, providing commercial insight and solutions.
- Shared accountability for the U.K.&I in-force portfolio, including rate reviews, recaptures, benefit changes, and broader optimisation actions.
- Monitor mortality portfolio performance and deliver clear management reporting to senior stakeholders, highlighting key risks and opportunities.
- Represent the Market Unit as local mortality portfolio owner within Swiss Re's global forum, contributing to pricing, portfolio, and market strategy.
- Lead and develop a small team, ensuring high-quality delivery and a strong performance culture.
About the Team
Our London-based Life & Health pricing team delivers reinsurance pricing across a wide range of products in the UK & Ireland insurance markets, alongside in-force portfolio management and performance monitoring activities. We work closely with colleagues across client management, underwriting, claims and reporting teams, ensuring a collaborative and integrated approach. Our team is diverse, driven, and characterised by a strong sense of community. We tackle complex and challenging work with a shared commitment to high standards, maintaining a culture that is curious, supportive, and encourages continuous learning.
About You
- Qualified actuary (FIA/FFA/FSA or equivalent) with several years’ post-qualification experience.
- Strong understanding of Life & Health (re)insurance markets, products, and trends, with proven mortality pricing experience (experience across other lines is advantageous).
- In-depth knowledge of mortality risk, modelling and analysis, including mortality improvement concepts and frameworks.
- Excellent grounding in relevant statistical and actuarial modelling techniques.
- Comfortable working with modern analytics tools and platforms, for example: Python, R, and Power BI (including DAX/PowerPivot).
- Strong communication and influencing skills, with the ability to engage effectively with clients and internal stakeholders.
- Experience working in a client-facing environment.
- Highly motivated, with the ability to deliver high-quality work under tight deadlines while managing multiple priorities.
- Demonstrates sound judgement and strong decision-making capability.
- An appetite for a multi-dimensional role combining technical depth with client interaction.
Compensation & Work Model
The base salary range for this position is between £92,000 and £138,000 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. Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week. 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.
Head Mortality Pricing and Portfolio Management - L&H UK & Ireland (Hybrid, 80-100%) employer: Swiss Re - Schweizerische Rückversicherungs-Gesellschaft
Swiss Re is an exceptional employer, offering a dynamic and inclusive work environment in London that fosters professional growth and collaboration. As a leader in the Life & Health reinsurance sector, employees benefit from significant commercial exposure, direct engagement with senior stakeholders, and opportunities to influence market strategies. With a strong commitment to continuous learning and a supportive culture, Swiss Re empowers its team members to excel in their roles while enjoying a competitive compensation package and a hybrid work model.
Contact Details:
Swiss Re - Schweizerische Rückversicherungs-Gesellschaft Recruitment Team
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We think this is how you could land Head Mortality Pricing and Portfolio Management - L&H UK & Ireland (Hybrid, 80-100%)
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We think you need these skills to ace Head Mortality Pricing and Portfolio Management - L&H UK & Ireland (Hybrid, 80-100%)
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