Armonk, NY, US


Pricing Actuary 

About Swiss Re

The Swiss Re Group 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. It anticipates and manages risk – from natural catastrophes to climate change, from ageing populations to cybercrime. The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 80 offices globally. It is organized into three Business Units, each with a distinct strategy and set of objectives contributing to the Group’s overall mission.


About the role

The pricing actuary is primarily responsible for pricing complex casualty treaty reinsurance business in the US market. Relevant lines of business include general liability, motor/ automobile liability, workers compensation/ employer's liability and umbrella liability. This responsibility entails carefully reviewing and summarizing account data, analyzing it and performing deal pricing by quantifying the impact of various contract features, underwriting exposures and legal, regulatory and societal trends while using state of the art actuarial pricing models and techniques.

This position will report to the Head of the Casualty Actuarial Center of Excellence and will have the opportunity to work across all of the underwriting desks with exposure to a wide range of clients.


The job activities include but are not limited to the following:

  • Summarizing and validating client submission data, and managing databases
  • Pricing accounts independently
  • Ability to work on a range of accounts which may include complex deal structures and large, structured transactions
  • Building underwriting skills and acumen
  • Taking a role in the testing of pricing tools and parameter task forces
  • Assisting in establishing actuarial inputs/assumptions for business planning and portfolio management
  • Participating in various cross functional teams and projects, and providing best actuarial practices
  • Participating in broker and client visits, audits, and renewal meetings
  • Communicating the pricing analysis to the cross-functional deal teams including senior management effectively
  • External representation within key industry groups e.g. ISO and NCCI committees, CAS

About the team

The Casualty team is responsible for a wide range of US ceding companies, including direct and broker-produced business. The team includes senior actuaries and underwriters who work with corresponding client managers and other staff including claims, risk management, reserving, contracts specialists and legal. The team is primarily based in Armonk, NY and works with stakeholders in a number of Swiss Re offices including Schaumburg and Chicago, IL, New York, NY, Kansas City, MO,and Westlake Village, CA.


***This position will be based in Armonk, NY ***

About You

  • Prefer at least 5 examinations of the Casualty Actuarial Society with the expectation of future designation achievement
  • University Undergraduate Degree required, advanced degrees preferred
  • Three to five years of reinsurance casualty treaty pricing experience in the relevant lines of business
  • Math or Science background with excellent computer/data manipulation skills
  • Excellent written and oral communication skills
  • The ability and desire to work well with other actuaries, underwriters and account executives in a cooperative and open manner, flexibility when working with remote locations
  • Some travel required, < 25% estimated, primarily domestic within the US
  • Team-oriented, pro-active and communicative, open and trustworthy; demonstrates collaboration and intercultural competence in own and cross-functional teams


The Company is an equal opportunity employer. It is the practice of the Company 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: 83473 



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

Find similar jobs: