At a Glance
- Tasks: Evaluate and lead innovative pricing solutions for longevity transactions.
- Company: Join Swiss Re, a global leader in reinsurance and insurance.
- Benefits: Competitive salary, performance-based bonuses, and global benefits.
- Other info: Dynamic team environment with opportunities for professional growth.
- Why this job: Shape strategic longevity solutions and make a real impact worldwide.
- Qualifications: Fully qualified actuary with experience in life and health insurance.
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
We are looking for candidates who meet these requirements:
- 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
Our team will welcome you as a member if you are:
- 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.
Longevity Pricing Actuary (80-100%) in London employer: Swiss Re
Swiss Re is an exceptional employer, offering a dynamic work environment where actuaries can thrive in their careers while leading innovative reinsurance pricing solutions. With a strong focus on collaboration and employee development, the company provides ample opportunities for professional growth and a hybrid work model that promotes work-life balance. Located in the UK & Ireland, Swiss Re fosters a culture of inclusivity and support, making it an ideal place for those seeking meaningful and rewarding employment in the Life & Health sector.
StudySmarter Expert Advice🤫
We think this is how you could land Longevity Pricing Actuary (80-100%) in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, webinars, or even casual meet-ups. The more you engage with others, the better your chances of landing that Longevity Pricing Actuary role.
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back! Share your expertise in longevity transactions and data analysis. Let them see how your skills can make a real impact on their team.
✨Ask Smart Questions
During interviews or networking chats, ask insightful questions about the company’s approach to longevity risk. This shows you’re genuinely interested and helps you stand out as a candidate who’s ready to contribute.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re keen on joining our dynamic team at Swiss Re.
We think you need these skills to ace Longevity Pricing Actuary (80-100%) in London
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 catch our eye!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about longevity risk and how your background makes you a perfect fit for our dynamic team.
Showcase Your Technical Skills:Don’t forget to mention your proficiency in Excel, VBA, and any programming languages like Python. We love seeing candidates who can leverage technology to solve complex problems!
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 and shows us you’re serious about joining our team!
How to prepare for a job interview at Swiss Re
✨Know Your Numbers
As a Longevity Pricing Actuary, you'll need to be comfortable with data analysis and pricing models. 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 Technical Skills
Make sure to highlight your proficiency in Excel, VBA, and any programming languages like Python during the interview. Prepare to discuss how you've used these tools in previous roles to solve problems or improve processes. Being able to demonstrate your technical know-how will set you apart from other candidates.
✨Understand the Business Context
Swiss Re is looking for someone with strong commercial acumen. Familiarise yourself with the company's strategic initiatives in longevity solutions and be prepared to discuss how your role can contribute to their goals. Showing that you understand the bigger picture will impress the interviewers.
✨Be a Team Player
Since you'll be part of a cross-disciplinary team, it's essential to convey your ability to collaborate effectively. Share examples of how you've built relationships across different technical areas in your previous roles. Emphasising your teamwork skills will demonstrate that you're a good fit for their dynamic environment.
