At a Glance
- Tasks: Lead reinsurance solutions and pricing strategies in the UK & Ireland market.
- Company: Join Swiss Re, a global leader in reinsurance and risk management.
- Benefits: Competitive salary, performance bonuses, hybrid work model, and diverse benefits.
- Other info: Collaborative team culture focused on continuous learning and innovation.
- Why this job: Make a real impact in a dynamic role with client engagement and strategic influence.
- Qualifications: Qualified actuary with strong experience in Life & Health insurance markets.
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.
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. We cover both Property & Casualty and Life & Health. 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 15,000 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.
We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.
Head Mortality Pricing and Portfolio Management - L&H UK & Ireland (Hybrid, 80-100% FTE) employer: Swiss Re
Swiss Re is an exceptional employer, offering a dynamic and inclusive work environment in the heart of London. With a strong focus on employee growth, you will have the opportunity to lead a talented team while engaging directly with clients and senior stakeholders, shaping innovative reinsurance solutions. The hybrid work model, competitive compensation, and commitment to sustainability further enhance the appeal of joining a company that values diverse perspectives and fosters a culture of continuous learning.
StudySmarter Expert Advice🤫
We think this is how you could land Head Mortality Pricing and Portfolio Management - L&H UK & Ireland (Hybrid, 80-100% FTE)
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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Don’t shy away from reaching out directly to firms like Swiss Re. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Head Mortality Pricing and Portfolio Management - L&H UK & Ireland (Hybrid, 80-100% FTE)
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Swiss Re.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Swiss Re's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Swiss Re
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Swiss Re.
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Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Swiss Re will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Swiss Re employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
