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Location: 

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