Bangalore, KA, IN

Pricing actuary - Property treaty costing 


Corporate Title: Assistant Vice President 

Division: BCS-Property & Specialty Underwriting (50001532)

Department: BCSH-Property Underwriting US & Canada (50004132)

Recruiter: Chaitra Singh

Hiring Manager: Rajeev Ramaswamy 

We are looking for a talented and motivated individual to join Property Treaty Costing Team. The role of the Pricing Actuary – Property Treaty Costing is to carry out a variety of technical tasks / projects for different desks within Americas region. You are expected to develop your expertise in costing/underwriting methodologies, costing tools, (re)insurance products and markets knowledge applied in each local underwriting desk. Reporting to Lead- Americas Costing, you will be contributing to Swiss Re's costing/underwriting capabilities, which are utilised in order to achieve our financial targets. You are a good team member who works with dedication, are eager to learn and possess strong social skills. Main responsibility includes: • You are an integral part of the Property Treaty Underwriting Hub Americas and work actively within a cross-functional team, particularly with various underwriting teams • You assist individual property treaty account costing/underwriting • You provide support to our annual evaluation and update of costing parameters across the region, which are used for our portfolio steering and treaty costing throughout the major renewal seasons. • You take part in underwriting related activities including but not limited to portfolio monitoring, (re)insurance market research / study and other forms of internal projects. • You participate actively in various regional / global projects Qualifications: • University degree or equivalent. Actuarial designation and/or aiming for completing the actuarial qualification is preferred. • Strong knowledge of insurance/reinsurance and actuarial concepts of reserving and pricing. • Excellent technical knowledge in Excel, Word and Powerpoint. Proficiency in Access and/or programming language is a plus. • 5+ years of relevant property/or liability actuarial experience in reinsurance and/or primary insurance desirable. • Strong ability to learn technical knowledge quickly. • Good knowledge in treaty reinsurance costing is a plus. • Independent team member with strong ethics and ability to influence within a cross functional team. This implies the ability to explain actuarial views to non-actuarial people in an articulate manner. • Comfortable in dealing with external clients. • Excellent in oral and written English.

Reference Code: 88741