At a Glance
- Tasks: Tackle complex longevity risk challenges and lead innovative pricing solutions.
- Company: Join Swiss Re, a global leader in reinsurance and risk management.
- Benefits: Competitive salary, performance-based bonuses, and global benefits.
- Other info: Inclusive culture that values fresh perspectives and professional growth.
- Why this job: Make a real impact on longevity transactions and shape strategic initiatives.
- Qualifications: Fully qualified actuary with experience in life insurance and longevity transactions.
The predicted salary is between 62000 - 94000 € per year.
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
- 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)
- Enthusiastic for uncovering insights from data
- Strong commercial acumen and client communication skills
- 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. Start your career journey with Swiss Re.
Longevity Pricing Actuary (80-100%), London (GB) employer: Swiss Re - Schweizerische Rückversicherungs-Gesellschaft
At Swiss Re, we pride ourselves on being an exceptional employer, offering a dynamic and inclusive work culture that fosters innovation and professional growth. As a Longevity Pricing Actuary in London, you will engage in meaningful challenges while enjoying competitive compensation, performance-based rewards, and a variety of global benefits tailored to enhance your career journey. Join our collaborative team where your expertise will directly impact our strategic initiatives and contribute to making the world more resilient.
Contact Detail:
Swiss Re - Schweizerische Rückversicherungs-Gesellschaft Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Longevity Pricing Actuary (80-100%), London (GB)
✨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 expertise in longevity transactions and data analysis. Bring examples of your work or projects that showcase your skills in Excel, VBA, or Python. Let’s make them see how you can add value!
✨Prepare for the Interview
Do your homework on Swiss Re and the longevity pricing space. Be ready to discuss how your experience aligns with their needs. Think about questions they might ask regarding your analytical skills and problem-solving abilities, and prepare some thoughtful questions of your own.
✨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 Longevity Pricing Actuary (80-100%), London (GB)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Longevity Pricing Actuary role. Highlight your experience in longevity transactions and actuarial pricing, as well as any relevant programming skills like Excel or Python. We want to see how your background aligns with what we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about tackling longevity risk challenges and how your skills can contribute to our team. Keep it concise but impactful – we love a good story that showcases your expertise.
Showcase Your Analytical Skills:Since this role involves a lot of data analysis, make sure to highlight specific examples where you've successfully used your analytical skills. Whether it's through past projects or innovative solutions you've developed, we want to see how you think independently and solve problems creatively.
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. Plus, you’ll find all the details you need about the role and our company culture there. Don’t miss out on this opportunity!
How to prepare for a job interview at Swiss Re - Schweizerische Rückversicherungs-Gesellschaft
✨Know Your Numbers
As a Longevity Pricing Actuary, you'll be dealing with complex data analysis. Brush up on your mortality analysis skills and be ready to discuss specific examples of how you've evaluated longevity transactions in the past. This will show your expertise and confidence in handling the technical aspects of the role.
✨Showcase Your Programming Skills
Proficiency in Excel/VBA and programming languages like Python is crucial for this position. Prepare to talk about projects where you've used these tools to solve problems or improve processes. If possible, bring along examples or even a portfolio to demonstrate your capabilities.
✨Understand the Business Context
Swiss Re is all about making the world more resilient through innovative solutions. Familiarise yourself with their strategic initiatives in longevity and be prepared to discuss how your skills can contribute to their goals. This shows that you’re not just an actuary, but someone who understands the bigger picture.
✨Be a Team Player
This role requires collaboration across various technical areas. Think of examples where you've successfully worked in a team, especially in high-pressure situations. Highlight your ability to build relationships and communicate effectively, as this will resonate well with the dynamic team environment at Swiss Re.
