Bangalore, KA, IN
Pricing Actuary SEA
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.
At Swiss Re we combine experience with creative thinking and cutting-edge expertise to create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 13,000 employees across the world.
We offer a flexible working environment where curious and adaptable people thrive. Are you interested in joining us?
About the Team:
The pricing services team has around 25 members and is in Bangalore, supporting Asian markets SEAI, ANZ and North Asia. The SEAI pricing services is an 8-member team supporting the Pricing, OTR and Experience Analysis for the SEAI region. This role will be an individual contributor technical role
Objective of Role
To support Life & Health Actuarial team, and to provide advice and technical expertise in respect of product initiatives throughout Life & Health business of Swiss Re in Singapore.
Key Accountabilities
- Support the pricing actuaries in pricing treaties for the SEA market; initial responsibilities will focus on new business pricing & Open Treaty Reviews.
- Provide support in maintenance of pricing Terms of Trade;
- Work effectively with a cross-functional team of experts from client markets, underwriting, and claims towards assessing the risks associated with a particular treaty or opportunity;
- Provide technical, research and project management input for product development initiatives and pricing policy across all business lines in the Life & Health space;
- Work effectively with a cross-functional team of experts from client markets, underwriting, and claims towards assessing the risks associated with a particular opportunity;
- Always ensuring the adherence to pricing guidelines and standard methodologies, and their consistent application;
- Support the SEA and other Asia pricing actuaries in any local/regional projects as required.
Key Skills & Knowledge
- Good technical knowledge in areas of pricing/product development;
- Fundamental understanding and knowledge of the insurance and reinsurance industry and knowledge of the main products and services offered by various insurance and reinsurance companies;
- Ability to use sound actuarial judgement in a commercial environment;
- Good understanding of relevant actuarial best practices;
- Multitasking abilities
Candidate Requirements
- Strong technical insurance/reinsurance experience, with 3- 4 years actuarial experience, ideally on SEA other Asian markets
- Experience in actuarial product design and pricing, including application of any actuarial pricing tools will be an added advantage.
- Knowledge on analytical/other pricing tools would be an added advantage.
- Good actuarial exam progress (around 9 actuarial papers)
- Excellent interpersonal, communication and influencing skills.
Keywords:
Reference Code: 96669
Job Segment:
Underwriter, Pricing, Claims, Product Development, Actuarial, Insurance, Operations, Research