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Armonk, NY, US Boston, MA, US

Life Pricing Actuary

About iptiQ


Become a part of a growing and dynamic entrepreneurial team within the iptiQ Department of the established Swiss Re Group. iptiQ is a key pillar of the Swiss Re company, established to provide innovative protection solutions directly to consumers. Working closely with our partners and clients to deliver insurance products using our customizable technology platform, our mission is to reduce the protection gap by simplifying insurance and making it more accessible to more people. iptiQ named as one of the “Top 25 Insures” in 2020 by CIO Applications magazine.


Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. iptiQ 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.

About the role



The Life Pricing Actuary role is a key position in the iptiQ Americas pricing organization.  This role will be responsible for supporting the pricing, modeling, filing and implementation of new Life Insurance products for iptiQ Americas, supporting profitability analysis and assumption development and other Life-related requests.  Responsibilities include:


  • Pricing Life Insurance protection products that meet the strategic and profitability targets of iptiQ Americas, balancing competitiveness with financial strength.
  • Building and maintaining Life pricing models used to analyze product profitability on a US Statutory, US GAAP, and Economic basis.
  • Developing, documenting, modeling and profit testing pricing assumptions.
  • Contributing to the Product Development Approval Process by preparing pricing materials, providing pricing and market insights and supporting regulatory filings.
  • Developing profitability results for product/distributor campaigns and new partners.
  • Developing cash flows and profit analysis to be used for strategic plan development, management reports and other key reports to facilitate data driven decisions.
  • Perform analysis to assess the competitiveness of new and existing products.


About the team


The iptiQ Americas Pricing Team is a part of the iptiQ Global department of Swiss Re.  The team develops and prices Life and Health products that are innovative protection solutions sold directly to consumers to close the protection gap in the U.S.  This is an exciting, dynamic team with Actuaries who possess the highest level of expertise in the industry, and plays a key role in driving the business forward.  The Pricing team works closely with various areas throughout the iptiQ organization as well as Swiss Re.  The team is based in Armonk but can provide flexibility to work in the NYC office as well as remotely part-time.


As a Life Pricing Actuary with iptiQ Americas, you would have a unique and exciting opportunity to join the team in charge of running a US insurance business unit within a global company. You will be part of a diverse and highly driven team committed to delivering value-added solutions to a wide range of clients and providing life and health insurance to as many consumers as possible.


About You


  • Minimum four-year degree in mathematics, statistics, actuarial science, economics, Finance, Computer Science or related field with proven mathematical skills and analytical ability.  Additional coursework in coding, data science or statistics a plus.
  • Over 5 years of experience with US Individual Life Insurance Pricing or related Life field; experience with Term, WL and Final Expense is strongly preferred.
  • Fellow of the Society of Actuaries (or near FSA)
  • Strong modeling capabilities with experience using MG-ALFA Modeling preferred.
  • Knowledge of projecting product cash flows and profitability metrics under statutory, US GAAP, and economic basis
  • Experience developing products, assumptions, Pricing models and Product Filings.
  • Able to work independently and deliver project results with minimal supervision.
  • 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 and the ability to influence others.  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


Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.

During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.


Reference Code: 109559 

Nearest Major Market: White Plains
Nearest Secondary Market: New York City

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