Actuarial Analyst I-Fin & Risk Mgmt L&H

About the role

The Actuarial Analyst, Health Pricing role is a key position within the iptiQ Americas pricing organization. This role will be responsible for developing and executing pricing modeling, financial assessments, and filing of health products, supporting in-force products’ rate management, and engaging in product review assignments. This role will also be responsible for product experience and market landscape monitoring.

Detailed responsibilities include:

• Executing assigned rate management initiatives for the health product portfolio including but not limited to creating rate proposals, and conducting profitability assessments, statutory filings and rate implementations
• Developing and documenting assigned pricing models used to analyze product profitability on various financial standards including US Statutory, US GAAP and/or IFRS
• Developing, documenting, and defending pricing assumptions and results for both internal and external stakeholders
• Partnering with the Data Analytics Team in building and maintaining product performance metrics and management reports to facilitate data-driven decisions
• Contributing to the Product Management Process by providing pricing and market insights, impacts to product features and risks, and supporting regulatory filings

About You

• Minimum four-year degree in mathematics, statistics, actuarial science or related field with proven mathematical skills and analytical ability
• Minimum 3 years of experience in the US individual life and health (re)insurance industry; experience with Medicare Supplement is preferred
• Associate of the Society of Actuaries (ASA) is a plus
• Strong technical capabilities using actuarial and statistical modeling tools and Microsoft Excel; hands on experience with R, Python and/or MG-ALFA is strongly preferred
• Experience in developing product cash flows and profitability metrics under statutory, US GAAP and/or IFRS standards
• Capability to work independently and deliver project results
• Ability to work across cross-functional teams
• Attention to details with strong sense of documentation and corporate governance
• Strong interpersonal skills, including a demonstrated ability to work in a team environment. Must be able to develop working relationships to both technical and non-technical audiences.
• Ability to communicate and present effectively, clearly and transparently to a variety of audiences.
• Open minded, trustworthy and enthusiastic

For the states of Colorado, California, Washington and New York the estimated base salary range for this position is $64,000 to $113,000.  The specific 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.