Swiss Re

Pricing Actuary (Hybrid, 80 - 100%)

Swiss Re$114K — $142K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 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
  • Experience in pricing large transactions with complex structures, including Alternative Risk Transfer
  • Qualified Actuary or on track to qualification
  • Excellent skills in MS Excel and proficiency in R/Python or SQL

Responsibilities

  • Work independently on complex case pricings and communicate outcomes to underwriters and stakeholders
  • Build technical portfolio insight capabilities to optimize financial performance
  • Analyze portfolios using diverse data sources and statistical analysis for meaningful insights
  • Communicate results to portfolio managers, reserving actuaries, and finance departments
  • Execute actuarial rate reviews to update costing parameters of models
  • Develop and enhance actuarial models through dedicated project work

Benefits

  • Hybrid work model with at least three days in the office
  • Opportunity for professional development in a global team environment
  • Inclusive culture that values diverse perspectives and innovative thinking
  • Contribution to portfolio profitability and overall business unit performance
  • Collaboration with various global partners and departments
Full Job Description
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 with a specialism in Alternative Risk Transfer structures and communicate outcomes effectively to underwriters and wider stakeholders.
  • 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, Kansas City and Toronto. 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.
  • Experience in pricing large transactions with complex structures - including Alternative Risk Transfer.
  • Qualified Actuary or on track to qualification.
  • Excellent skills in MS Excel and proficiency in R/Python or SQL.


Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week.

The base salary hiring range for this existing position located in Toronto is CAD $114,000 to $142,000. The specific base salary offered for this or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget. At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.

Keywords:
Reference Code: 138036

About Swiss Re

Swiss Reinsurance Company Ltd, commonly known as Swiss Re, is a reinsurance company based in Zurich, Switzerland. It is the world's second-largest reinsurer, after Munich Re. Swiss Re provides insurance and reinsurance products and services to customers globally. The company operates through four segments: Property & Casualty Reinsurance, Life & Health Reinsurance, Corporate Solutions, and Admin Re. Swiss Re has a long history, dating back to 1863, and has grown to become a leading player in the global insurance and reinsurance industry. The company is committed to sustainability and has set ambitious targets to reduce its carbon footprint and promote renewable energy.
Learn more about Swiss Re
Size
13,189 employees
Industry
NASDAQ

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