Senior L&H Client Manager & Actuary (Hybrid; m/f/x/d)

Would you like to shape the future of Life & Health reinsurance in Italy? This is your opportunity to take on a strategically pivotal role at Swiss Re — one where actuarial excellence meets commercial leadership, and where your work directly influences how we support clients across pricing, product design, and capital optimisation. If you are passionate about building lasting partnerships and driving sustainable growth in a dynamic market, we would love to hear from you.

About the Role

As Senior Client Manager & Actuary L&H for Italy, you will be accountable for the end-to-end performance of your L&H Italian client portfolio — combining deep actuarial expertise with commercial accountability and strategic client engagement. You will be responsible for the overall performance, development, and market positioning of Swiss Re across your client base, ensuring consistent and high-quality delivery across Core reinsurance, solutions, transactions, and value-added services.

Operating in a collaborative matrix environment, you will work closely with Pricing, Underwriting, Claims, Technical Accounting, Reserving, Solutions, and Transactions teams, while maintaining clear ownership of client outcomes.

Key Responsibilities

• Own the client relationship end-to-end: Serve as the central point of contact for your L&H clients in Italy, ensuring seamless communication and consistently high-quality service delivery
• Develop and execute growth strategies: Identify and implement opportunities for existing and prospective clients, leveraging actuarial expertise in pricing, product development, and portfolio steering
• Drive pricing and profitability analysis: Work cross-functionally and directly with clients to price and analyse the profitability of life reinsurance treaties, supporting the development and pricing of new life insurance products
• Monitor portfolio performance: Analyse emerging claims experience and steer portfolio outcomes through data-driven insights and proactive management
• Build trusted, long-term client relationships: Position Swiss Re as the leading and preferred reinsurance partner in the Italian market through strategic engagement and professional credibility
• Manage client relationships holistically: Oversee the financial performance of in-force portfolios and evaluate and structure new business opportunities
• Expand market presence: Build and maintain a strong professional network within the Italian insurance market to identify and execute opportunities across Swiss Re's strategic pillars — Core, Solutions, and Transactions
• Represent Swiss Re externally: Act as a credible technical ambassador at client meetings, industry events, conferences, and professional forums

About the Team

You will join a dynamic and highly motivated team committed to delivering outstanding results and shaping the future of Swiss Re's business. As part of the Continental Europe South L&H hub, you will work within a connected continental European and global L&H network. The environment is fast-paced, highly collaborative, and intellectually stimulating — characterised by analytical excellence, professional exchange, and a strong team spirit.

About You

You are a strategic thinker with strong actuarial expertise and solid experience in the Life & Health (re-)insurance. Your focus lies on pricing, portfolio steering, and economic risk assessment. You are comfortable engaging with clients, building partnerships, and leveraging analytical skills to drive profitable growth and deliver measurable results. You bring a collaborative mindset, a proactive approach, and the ability to navigate complex, multi-stakeholder environments with confidence.

We are looking for candidates who meet these requirements:

• Minimum 10 years of experience in the Italian L&H (re-) insurance industry
• Strong actuarial background with relevant qualifications (e.g., Ordine Nazionale degli Attuari or equivalent actuarial certification), including hands-on experience in pricing and product development
• Fluent Italian and English communication skills, both written and verbal
• Proven ability to work in client-facing or commercially accountable roles within the insurance or reinsurance sector
• Solid understanding of local GAAP / IFRS and regulatory frameworks, including Solvency II and the IVASS context

These are additional nice to haves:

• Demonstrated ability to work effectively in a matrix or cross-functional environment
• Established and active professional network within the Italian Life & Health insurance industry
• Experience presenting at industry events or conferences as a subject matter expert
• Experience structuring or evaluating reinsurance transactions and solutions beyond traditional treaty business

For Italy, the base salary range for this position is between 79,000 EUR and 131,000 EUR 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 the situation where you do not meet all the requirements or you significantly exceed these, the offered salary may be below or above the advertised range. In addition to your base salary, you may be eligible for additional rewards and benefits including an attractive performance-based annual bonus.

Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week.