Longevity Pricing Actuary (80-100%)

Longevity Pricing Actuary (80-100%)

Full-Time 62000 - 94000 £ / year (est.) No home office possible
Swiss Re - Schweizerische Rückversicherungs-Gesellschaft

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.
  • 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.
  • Other info: Inclusive culture that values fresh perspectives and professional growth.

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%) 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 not only tackle complex challenges but also benefit from competitive compensation, performance-based rewards, and a variety of global benefits tailored to enhance your work-life balance. Join our collaborative team where your insights are valued, and your career can flourish in a supportive environment dedicated to making the world more resilient.
Swiss Re - Schweizerische Rückversicherungs-Gesellschaft

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%)

Tip Number 1

Network like a pro! Reach out to your connections in the industry, attend relevant events, and engage with professionals on platforms like 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.

Tip Number 2

Prepare for interviews by practising common questions and scenarios related to longevity pricing. We recommend doing mock interviews with friends or mentors to boost your confidence and refine your answers. Remember, showing your enthusiasm for the role can really set you apart!

Tip Number 3

Don’t underestimate the power of follow-ups! After an interview, send a thank-you email expressing your appreciation for the opportunity. It’s a great way to reinforce your interest in the position and keep you fresh in their minds.

Tip Number 4

Apply through our website for the best chance at landing a role with us. We’re always on the lookout for talented individuals who are passionate about longevity solutions. Plus, it shows you’re genuinely interested in being part of our team!

We think you need these skills to ace Longevity Pricing Actuary (80-100%)

Longevity Risk Assessment
Actuarial Pricing
Mortality Analysis
Data Analysis
Excel/VBA Proficiency
Python Programming
Client Communication Skills
Commercial Acumen
Project Management
Analytical Skills
Problem-Solving Skills
Team Collaboration
Independent Thinking
Adaptability

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the specific skills and experiences mentioned in the job description. Highlight your expertise in longevity transactions and actuarial pricing to show us you’re the right fit for the role.

Craft a Compelling Cover Letter: Use your cover letter to tell us why you’re passionate about longevity risk challenges. Share examples of how you've tackled similar issues in the past, and don’t forget to mention your enthusiasm for working in a dynamic team like ours!

Showcase Your Technical Skills: Since proficiency in Excel/VBA and programming environments like Python is key, make sure to include any relevant projects or experiences that demonstrate your technical prowess. We love seeing how you can leverage data to uncover insights!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!

How to prepare for a job interview at Swiss Re - Schweizerische Rückversicherungs-Gesellschaft

Know Your Numbers

As a Longevity Pricing Actuary, you'll need to be comfortable with data analysis and modelling. 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 complex data.

Showcase Your Programming Skills

Proficiency in Excel, VBA, and Python is crucial for this role. Prepare to talk about projects where you've used these tools to solve problems or improve processes. If you can demonstrate your technical skills with real-life examples, it’ll give you an edge over other candidates.

Understand the Business Impact

Swiss Re is looking for someone who can connect technical work with business outcomes. Be prepared to discuss how your pricing solutions have impacted clients or internal processes in previous roles. This shows that you not only understand the numbers but also their significance in a broader context.

Be a Team Player

Since you'll be part of a cross-disciplinary team, highlight your experience working collaboratively. Share examples of how you've built relationships across different technical areas and how you’ve contributed to team success. This will demonstrate your ability to thrive in a dynamic environment.

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