Global Pricing Actuary - L&H

Come join us! This is an opportunity to really make a difference to our L&H reinsurance business. You will be critical to improve costing accuracy for new business, by partnering with Market Unit pricing teams and Portfolio owners. You will drive the adoption of data-driven approaches to costing, improve judgment and decision making, with a focus on Market Unit Terms of Trade and reviews of Open Treaties and New Quotes.

About the Role:

• Partner collaboratively with Market Unit pricing teams and Portfolio Owners to improve new business costing accuracy and steering of new business
• Drive costing accuracy within Market Units, ensuring effective and timely processes for updating Terms of Trade and reviews of Open Treaties
• Establish feedback loops with valuation, portfolio steering and operations teams to ensure alignment across functions
• Provide direction and technical expertise in the structuring, costing and pricing of large, complex and unusual transactions
• Advise on risk appetite and support the setting and maintenance of key costing assumptions
• Review Terms of Trade proposals and conduct spot checks on Open Treaty costing
• Apply L&H global best practices and continuously review costing and pricing standards and methodologies
• Foster development of costing skills and knowledge across the pricing actuary community

About the Team:

The L&H Pricing & Contracts team is a global team with employees located in 14 cities around the world, responsible for defining L&H risk appetite, reviewing large and unusual transactions, pricing tools, methodology and governance, new business steering and contract wording. Our vision is to Engage the Swiss Re community to Steer and Enable our L&H business with the goal to make the world more resilient.

About You:

You're an experienced actuary with a passion for precision and innovation. You thrive in collaborative environments where you can apply your technical expertise to solve complex

problems. Your strategic mindset allows you to see beyond immediate challenges to identify long- term opportunities, and you're comfortable navigating ambiguity while driving meaningful change.

We are looking for candidates who meet these requirements:

• Qualified actuary with significant experience working across multiple markets or lines of business, with meaningful experience in pricing
• Deep understanding of the insurance and reinsurance industry and knowledge of the main products and services offered by Swiss Re and its competitors
• Product knowledge across a range of risk and capital motivated reinsurance arrangements
• Excellent interpersonal, communication and influencing skills
• Experience with data analytics and predictive modeling techniques

These are additional Nice to Haves:

• • Ability to proactively advocate for new approaches and confidently drive meaningful change
  • Agile and flexible working style, with a proven ability to work independently and navigate ambiguity
  • Experience mentoring or developing junior actuaries

For London based role, the base salary range is between GBP 140,000 and GBP 210,000 (for a full-time role). The specific salary offered considers:

• the requirements, scope, complexity and responsibilities of the role,
• the applicant’s own profile including education/qualifications, expertise, specialisation, skills and experience.

In addition to your base salary, Swiss Re offers an attractive performance-based variable compensation component, designed to recognise your achievements. Further you will enjoy a variety of global and location specific benefits.

Eligibility may vary depending on the terms of Swiss Re policies and your employment contract.