Associate Pricing Actuary
Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. The Associate Pricing Actuary role involves developing pricing strategies for complex financial products, collaborating with underwriting teams, and contributing to portfolio management insights.
Responsibilities
- Develop pricing strategies for large Financial Products (FinPro) accounts with immediate business impact
- Deliver quarterly profitability reviews providing portfolio steering insights to underwriting leadership
- Enhance rating models by leveraging technology, internal data assets, and exploring broader datasets
- Apply actuarial and data science techniques to improve profitability analysis
- Coordinate rate monitoring processes and establish feedback loops for planning analysis
- Research external market conditions including industry trends and rate changes
- Support portfolio management by identifying drivers behind claims emergence and performance
- Partner with underwriting teams to provide technical insights for business decisions
Skills
- Currently pursuing actuarial qualifications with demonstrated progress
- Experience in P&C insurance or related financial services
- Strong programming skills in at least one language (R, Python, SQL)
- Familiarity with actuarial reserving and/or pricing techniques and models
- Proven ability to work independently, prioritize tasks, and meet deadlines
- Knowledge of data science techniques and their application in insurance
- Experience in portfolio profitability analysis and costing models
- Tool development experience for actuarial applications
- Understanding of Financial Products lines of business
- Strong presentation skills and experience communicating with business leaders
Company Overview