Bangalore, KA, IN
Associate Pricing Actuary
Are you a motivated actuary looking to make an immediate impact in a dynamic global environment? Join our Corporate Solutions team at Swiss Re where you'll help shape pricing strategies for complex financial products while working with industry experts who value innovation and technical excellence. This role offers exceptional growth opportunities and exposure to diverse international markets.
About the Role
As an Associate Pricing Actuary, you'll be at the intersection of data analysis, financial modeling, and business strategy. You'll collaborate with underwriting teams to price large FinPro accounts while contributing to portfolio steering insights that drive business decisions.
Key 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
About the Team
We are the actuarial team providing support to multiple global Corporate Solutions Financial Products including Construction PI, General PI, Agents, Accountants & Consultants, Lawyers, Cyber and Transactional Liability. Key responsibilities for our team include loss ratio projections, rating plan development, model calibration and actuarial pricing support. We work closely with our business partners and encourage technical innovation that supports traditional methods. The team is a mix of senior expert members and highly motivated newer members who thrive in a dynamic and fast learning environment. This role will report to the Senior Pricing Actuary for FinPro PI within Corporate Solutions.
About You
You're an analytical thinker who thrives in collaborative environments and enjoys solving complex problems. You're comfortable working with limited data and curious about finding alternative data sources. You have excellent communication skills and can translate technical insights into business value while maintaining strong relationships with stakeholders across the organization.
We are looking for candidates who meet these requirements:
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.
Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week
About Swiss Re
Swiss Re 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. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace 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 and their passion for sustainability.
If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
Reference Code: 136434
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