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Pricing Actuary (Hybrid, 80 - 100%) (London, GB) @ Swiss Reinsurance Company Ltd.

London, England, GBOnsiteFull-time
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<p><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">Are you a forward-thinking actuary with a passion for innovation and financial analysis? Join our dynamic team at Swiss Re Corporate Solutions in London where you&apos;ll help shape best-inclass pricing models for Financial Products while collaborating with industry experts across multiple business functions. This is your opportunity to apply your analytical expertise in a role that combines technical excellence with strategic business impact.</span></p> <p> </p> <p><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt"><strong>About the Role</strong></span></p> <p> </p> <p><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">As a Pricing Actuary within our Financial Products (FinPro) team, you&apos;ll be at the intersection of data analytics and business strategy, developing sophisticated pricing models that drive profitability and growth in complex insurance markets. You&apos;ll leverage your technical skills to transform data into actionable insights that guide critical business decisions.</span></p> <p> </p> <p><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt"><strong>Key Responsibilities</strong></span></p> <p> </p> <ul> <li style="font-family:arial, helvetica, sans-serif;font-size:12.0pt"><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">Develop and enhance best-in-class FinPro rating models by leveraging technology, internal data assets, and exploring broader datasets.</span></li> <li style="font-family:arial, helvetica, sans-serif;font-size:12.0pt"><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">Create strategic proposals in collaboration with business owners to address profitability gaps.</span></li> <li style="font-family:arial, helvetica, sans-serif;font-size:12.0pt"><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">Conduct sophisticated analysis using actuarial and data science techniques to improve portfolio profitability.</span></li> <li style="font-family:arial, helvetica, sans-serif;font-size:12.0pt"><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">Partner closely with Reserving, Underwriting, Finance, and Claims teams to drive integrated business solutions.</span></li> <li style="font-family:arial, helvetica, sans-serif;font-size:12.0pt"><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">Support pricing for large FinPro accounts, bringing analytical rigor to complex deals.</span></li> <li style="font-family:arial, helvetica, sans-serif;font-size:12.0pt"><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">Deliver insightful quarterly reviews that provide portfolio steering and recommendations to FinPro underwriting leaders.</span></li> <li style="font-family:arial, helvetica, sans-serif;font-size:12.0pt"><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">Coordinate rate monitoring processes from costing models and ensure feedback loops inform profitability analysis.</span></li> <li style="font-family:arial, helvetica, sans-serif;font-size:12.0pt"><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">Research external market trends including industry developments, market conditions, and rate changes.</span></li> </ul> <p> </p> <p><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt"><strong>About the Team</strong></span></p> <p> </p> <p><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">We are the actuarial team providing support to multiple global Corporate Solutions Financial Products including Construction PI, General PI, Agents, Accountants &amp; Consultants, Lawyers, Cyber and Transactional Liability. Our responsibilities encompass loss ratio projections, rating plan development, model calibration, and actuarial pricing support. We work collaboratively with our business partners and encourage technical innovation that complements traditional methods. Our team combines seasoned experts with motivated newer members who thrive in a dynamic, fast-paced learning environment. This role reports to the Senior Pricing Actuary for FinPro PI within Corporate Solutions, with the overall Pricing team reporting to the Chief Underwriting Officer.</span></p> <p> </p> <p><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt"><strong>About You</strong></span></p> <p> </p> <p><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">You&apos;re a detail-oriented professional with strong analytical skills and the ability to translate complex data into actionable business insights. You thrive in collaborative environments while being capable of independent work, and you&apos;re passionate about continuous learning and professional development in the actuarial field.</span></p> <p><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">We are looking for candidates who meet these requirements:</span></p> <p> </p> <ul> <li style="font-family:arial, helvetica, sans-serif;font-size:12.0pt"><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">3-4 years of experience in P&amp;C Commercial Pricing, preferably with general or financial liability products.</span></li> <li style="font-family:arial, helvetica, sans-serif;font-size:12.0pt"><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">Pursuing actuarial qualifications with demonstrated progress.</span></li> <li style="font-family:arial, helvetica, sans-serif;font-size:12.0pt"><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">Good understanding of actuarial methods, models, and related business processes.</span></li> <li style="font-family:arial, helvetica, sans-serif;font-size:12.0pt"><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">Experience in portfolio profitability analysis, costing models, and tool development.</span></li> <li style="font-family:arial, helvetica, sans-serif;font-size:12.0pt"><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">Strong communication skills with the ability to explain complex concepts to diverse stakeholders</span></li> <li style="font-family:arial, helvetica, sans-serif;font-size:12.0pt"><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">Programming skills in R, Python, SQL, and knowledge of data science techniques.</span></li> <li style="font-family:arial, helvetica, sans-serif;font-size:12.0pt"><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">Experience working between Reserving or Pricing functions.</span></li> <li style="font-family:arial, helvetica, sans-serif;font-size:12.0pt"><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">Familiarity with exposure and experience rating techniques.</span></li> <li style="font-family:arial, helvetica, sans-serif;font-size:12.0pt"><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">Ability to work on multiple assignments with dynamic priorities.</span></li> <li style="font-family:arial, helvetica, sans-serif;font-size:12.0pt"><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">Self-starter mentality with strong work ethic and execution capabilities.</span></li> </ul> <p> </p> <p><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week </span></p> <p> </p> <p><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">For London, the annual base salary range for this position is between GBP 68 000 and GBP 102 000 (for a full-time role). The specific salary offered considers: </span></p> <p> </p> <ul style="list-style-type:disc" type="disc"> <li style="font-family:arial, helvetica, sans-serif;font-size:12.0pt"><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">the requirements, scope, complexity and responsibilities of the role,</span></li> </ul> <p> </p> <ul style="list-style-type:disc" type="disc"> <li style="font-family:arial, helvetica, sans-serif;font-size:12.0pt"><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">the applicant&apos;s own profile including education/qualifications, expertise, specialisation, skills and experience.</span></li> </ul> <p> </p> <p><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">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.</span></p> <p> </p> <p><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt">Eligibility may vary depending on the terms of Swiss Re policies and your employment contract.</span></p><div class="swissre_jobtemplate"> <p> </p> <p><span style="font-family:arial, helvetica, sans-serif;font-size:12.0pt"><strong>About Swiss Re</strong></span></p> <p> </p> <div class="swissre_jobtemplate"> <p><span style="font-size:12.0pt;font-family:arial, helvetica, sans-serif">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 &amp; Casualty and Life &amp; 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 14,000 employees across the world.<br><br>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.<br><br>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. </span></p> <p> </p> <p> </p> </div> </div> <style type="text/css">.swissre_footer { position: relative; margin-top: -50px; height: 30px; clear: both; margin-bottom: 20px; background: #EEE none repeat scroll 0% 0%; line-height: 30px; padding: 0px 10px; color: #AAA; font-family: "Arial,Helvetica,sans-serif"; } .swissre_jobtemplate { width: 970px; max-width: 100%; height: auto; } .jobDisplay .job { font-family: "Arial" !important; font-size: 12px !important; } .joqReqDescription { max-width: 100%; height: auto; align: center; } .joqReqDescription ul { width: 787px; max-width: 100%; } .joqReqDescription p { width: 827px; max-width: 100%; } </style> <div class="swissre_jobtemplate"><span style="font-size:12.0pt;font-family:arial, helvetica, sans-serif"><strong>Keywords: </strong> <br><strong>Reference Code: </strong>136650 </span> <p> </p> <p> </p> </div>

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