Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: As a Pricing Actuary, you'll analyse data and influence portfolio profitability.
- Company: Swiss Re is a global leader in reinsurance and insurance solutions.
- Benefits: Enjoy a flexible work environment with opportunities for professional growth.
- Why this job: Make a meaningful impact while advancing your actuarial career in a diverse team.
- Qualifications: Bachelor's degree in a quantitative subject; experience in actuarial roles required.
- Other info: Open to applicants returning from career breaks; inclusive culture valued.
The predicted salary is between 28800 - 48000 £ per year.
Are you ready to elevate your actuarial career in the dynamic world of commercial General Insurance? Join us to develop crucial product expertise and analytical capabilities that directly impact the profitability of a global underwriting portfolio. This is your opportunity to make a meaningful difference while advancing your professional journey.
About the Role
As our Pricing Actuary, you\’ll be a standout colleague reporting to the Global GL Pricing Lead within the Actuarial Portfolio Management (APM) Unit. You\’ll leverage data-driven techniques to execute portfolio goals, applying your technical actuarial expertise and business acumen to effectively communicate analytical findings to global partners. Your work will directly influence portfolio profitability and contribute to our Business Unit\’s overall performance.
Key Responsibilities
- Work independently on complex case pricings requiring actuarial reviews and communicate outcomes effectively to stakeholders, primarily case Underwriters.
- Conduct quarterly profitability analysis using actuarial techniques like Experience rating and Exposure rating to evaluate on-level performance and future projections.
- Build technical portfolio insight capabilities to optimize financial performance management and enhance profitability views across business lines.
- Analyze portfolios by examining diverse data sources and performing statistical analysis to derive meaningful insights.
- Communicate results to wider partners including Portfolio Managers, Reserving Actuaries, and Finance departments.
- Execute actuarial rate reviews to update costing parameters of in-house Swiss Re developed models.
- Develop and enhance actuarial models through dedicated project work.
About the Team
We are a team of highly skilled and innovative Actuaries spread across the world in Bangalore, Munich, Zurich, Manchester, London, New York, Windsor and Kansas City. Our team comprises of qualified and student Actuaries who are an integral part to Swiss Re CorSo. We are part of the Underwriting Unit and report to the Chief Underwriting Officer (CUO). We foster an inclusive culture that values diverse perspectives and innovative thinking, ensuring equal opportunities for professional development.
About You
We\’re seeking an ambitious, trustworthy, and enthusiastic team player who is passionate about advancing their actuarial career. You\’ll need excellent interpersonal and communication skills with the ability to convey complex ideas effectively to diverse audiences. You\’re a self-starter who takes initiative and implements measures in a goal-oriented manner.
We are looking for someone brings:
- Bachelor\’s degree in a Quantitative/Numerical subject from a recognized university.
- Significant experience in an Actuarial position, ideally in a long-tail line of business.
- Qualified Actuary or on track to qualification.
- Excellent skills in MS Excel and strong programming proficiency in R/Python or SQL.
- Exceptional numeracy and attention to detail with a natural affinity for data analysis.
About Swiss Re Corporate Solutions
Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.
Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces 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.
Keywords:
Reference Code: 134806 #J-18808-Ljbffr
Pricing Actuary (80 - 100%) employer: Swiss Re
Contact Detail:
Swiss Re Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Actuary (80 - 100%)
✨Tip Number 1
Familiarise yourself with the latest trends in commercial General Insurance and actuarial techniques. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the role and the industry.
✨Tip Number 2
Network with current or former employees of Swiss Re, especially those in actuarial roles. They can provide valuable insights into the company culture and expectations, which can be beneficial when discussing your fit for the team.
✨Tip Number 3
Brush up on your programming skills in R, Python, or SQL. Being able to showcase your technical proficiency during discussions can set you apart from other candidates and highlight your readiness for the role.
✨Tip Number 4
Prepare to discuss specific examples of how you've used data analysis to influence decision-making in previous roles. This will illustrate your analytical capabilities and how they align with the responsibilities of the Pricing Actuary position.
We think you need these skills to ace Pricing Actuary (80 - 100%)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in actuarial roles, particularly in commercial General Insurance. Emphasise your technical skills in data analysis and programming languages like R, Python, or SQL.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the actuarial field and your understanding of the role. Mention specific experiences that demonstrate your analytical capabilities and how they align with the responsibilities of the Pricing Actuary position.
Highlight Key Skills: In your application, clearly outline your qualifications, such as your degree in a Quantitative/Numerical subject and any progress towards becoming a qualified actuary. Include examples of your experience with profitability analysis and portfolio management.
Showcase Communication Skills: Since effective communication is crucial for this role, provide examples in your application of how you've successfully conveyed complex ideas to diverse audiences. This could be through presentations, reports, or collaborative projects.
How to prepare for a job interview at Swiss Re
✨Showcase Your Analytical Skills
As a Pricing Actuary, your ability to analyse data is crucial. Be prepared to discuss specific examples of how you've used statistical analysis or actuarial techniques in previous roles to drive profitability or improve processes.
✨Communicate Complex Ideas Clearly
You'll need to convey complex actuarial findings to various stakeholders. Practice explaining your past projects or analyses in simple terms, focusing on the impact of your work rather than just the technical details.
✨Demonstrate Your Technical Proficiency
Make sure to highlight your skills in MS Excel and programming languages like R, Python, or SQL. Be ready to discuss how you've applied these tools in your previous roles to solve problems or enhance models.
✨Emphasise Team Collaboration
Swiss Re values teamwork, so be prepared to share experiences where you've successfully collaborated with others. Discuss how you’ve worked with underwriters, portfolio managers, or finance teams to achieve common goals.
