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Bratislava, SK

Actuarial Analyst


About iptiQ

iptiQ is a risk tech start-up within Swiss Re Group. Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime.

iptiQ provides digital, bespoke and transparent L&H and P&C protection products in a B2B2C manner. Founded in 2014, we're transforming the way consumers buy insurance with a unique digital insurance engine which incorporates the latest technology with world-class underwriting capabilities. We build strong partnerships to sell insurance via trusted brands.

iptiQ offers a flexible working environment where curious and adaptable people thrive. Are you interested in joining us?


About the Role


With the support of a wide range of Swiss Re experts, you will help the team grow presence in the EMEA markets, securing new distribution partnerships and building innovative product solutions. You will support all aspects of the pricing and actuarial product development of new protection products.


In this role, you will:

  • Analyze business performance of open portfolios
  • Support the maintenance of our costing basis
  • Build and develop models and tools to assist with costing processes
  • Support the pricing process, modelling new products and scenarios and helping prepare auditable documentation
  • Assist the production of existing business profitability reviews and portfolio analysis
  • Help to set-up automated tools to report profitability
  • Work with the wider team on ad-hoc analytical/data projects
  • Test new systems and products
  • Assist with business planning and projections


This role is available full or part time. Flexible working is a key part of the Swiss Re culture.


About the Team


iptiQ EMEA is part of Swiss Re's Life Capital division which manages all our life & health primary insurance portfolios across Europe. iptiQ is a start-up, established to deliver outstanding protection solutions sold to consumers through Distribution Partners. iptiQ is a Luxembourg based insurer with Branches in UK, Ireland, Germany, France and the Netherlands.


Reporting to a Senior Pricing Actuary in one of our core locations, you will support iptiQ's Products & Pricing Team. This is a small but growing team spread across many locations in Europe. We are responsible for the design of life & health products and the setting of customer premiums as well as ongoing monitoring and profitability reviews.   


About You


We expect you to:

  • Have an excellent command of English – our working language
  • Hold graduate level qualifications in a numerical and analytical field or otherwise demonstrate strong skills in these areas
  • Have a clear interest in, and understanding of, the insurance market
  • Be proficient in MS Excel
  • Have at least 2-3 years professional experience gained in an analytical role
  • Demonstrate accuracy and commitment to quality
  • Show integrity and consumer awareness.



  • Experience in insurance
  • Knowledge of R or other programming skills
  • Other European languages (German, French, Spanish or Dutch).


You are:

  • Happy in an area that is fluid, developing and fast-moving
  • Enthusiastic about working with international colleagues in a multi-cultural environment
  • Comfortable handling multiple deliverables and reprioritisation
  • Collaborative, engaging and positive
  • Keen to work independently and collaborate actively with other team members as required especially in a virtual environment
  • A fast learner able to grasp complex processes and projects.




Minimum base salary for this job is from 1100 EUR gross/month/full time. Our offer to you may be higher based on your skills and experience and will include additional rewards and benefits. *


*We are required by law to disclose basic wage component (minimum salary) for the advertised positions. We carefully consider your professional competencies, qualifications and experience in our compensation package and/or when offering you other positions. Our compensation philosophy is to pay fairly, also considering market situation and the value employees may bring to Swiss Re. 


We are an equal opportunity employer, and we value diversity at our company. Our aim is to live visible and invisible diversity – diversity of age, race, ethnicity, nationality, gender, gender identity, sexual orientation, religious beliefs, physical abilities, personalities and experiences – at all levels and in all functions and regions. We also collaborate in a flexible working environment, providing you with a compelling degree of autonomy to decide how, when and where to carry out your tasks.


We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.


Reference Code: 92524