Bangalore, KA, IN
Pricing Methodology Actuary
About the role:
- Build and maintain a strong governance framework for tools and best practices to achieve operational excellence, balancing local, regional and global requirements.
- Support continuous improvement of pricing methodologies, operating models and associated controls to improve effectiveness, transparency, and scalability.
- Support on impact testing of new parameters or methodology for improved costing and steering of L&H business.
- Develop specifications and support on testing new functionality for L&H costing tools and applications.
- Efficient programming skills (R or similar) used to develop solutions for analysis and visualization of results
- Apply technical knowledge and process skills to investigate issues and develop solutions relating to costing tools and processes.
- Suggest and implement process improvements.
- Provide mentorship to junior team members.
About the team:
You will be part of L&H Pricing & Portfolio Performance (PPP), a global team focused on enabling sustainable business performance through effective portfolio steering, pricing governance, underwriting standards and business oversight. Working across markets and functions, the team drives consistent practices, operational rigour and informed decision-making to support the long-term success of Swiss Re's Life & Health business and contribute to making the world more resilient.
About you:
- Graduate or Post-graduate in Business Mgt/Insurance/Actuarial Science/Mathematics/Statistics
- 5+ years of experience in the Life & Health actuarial domain (added advantage if reinsurance)
- Nearly qualified actuary (qualified actuary is an added advantage)
- Excellent analytical skills and attention to detail
- Ability to work accurately and deliver to strict deadlines
- Strong understanding of L&H pricing, underwriting, risk management or actuarial governance frameworks
- Agile and flexible working style, with a proven ability to work independently, navigate ambiguity, and balance the need for adequate risk controls with commercial considerations
- Proficiency in working with MS Office, Advanced Coding Skills (R Prog, VBA) with keen interest to develop further using AI.
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 15,000 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.
We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.
Reference Code: 139502
Job Segment:
Accounting, Actuarial, Underwriter, Risk Management, Pricing, Finance, Insurance, Operations