Senior Property Pricing Actuary (m/f/x)

About the Role 

Do you have career aspirations to be a leader in Pricing for commercial General Insurance space – developing the product know-how and analytical skills vital to improve the profitability of a global Underwriting portfolio?

The " Senior Pricing Actuary" is a senior level colleague reporting into Lead Actuary Property EMEA, Energy, APAC within Actuarial Portfolio Management (APM) Unit to execute the portfolio goals by using data driven techniques,

You have good analytical skills and develop business understanding to effectively communicate findings of your analysis to global partners. You demonstrate the highest level of behavioral attributes to be successful in a multi-cultural distributed team.

You must be willing to use actuarial methods and techniques to help develop insight into portfolio and trends to set costing parameters for our in-house proprietary property costing model, helping improve the predictability and accuracy of costing the model. You will have a direct impact in helping steer the profitability of your portfolio and ultimately the overall Business Unit's performance

Key responsibilities of the role include:

• Review complex case pricings for transactions requiring Actuarial reviews done by junior team members and communicate effectively the outcome to the stakeholders including Underwriters, Reserving Actuaries, Finance colleagues and Portfolio leaders.

• Lead initiatives which include activities like quarterly profitability analysis of the portfolio by employing suit of Actuarial and data techniques

• Build technical portfolio insight capabilities to optimize financial performance management and enhance the views on profitability of sub portfolios across the lines of business.

• Analyze the portfolios and sub-portfolios by slicing and dicing the data sources and perform statistical analysis on the data to derive portfolio insights.

• Communicate your results and findings optimally to wider partners including Portfolio Managers, Reserving Actuaries and Finance Planning & Accounting departments

• Work on Actuarial rate review projects to update the costing parameters of the in-house Swiss Re developed proprietary costing model for Fire perils.

• Lead Actuarial projects to enhance the models and develop models for newer perils

• Lead workstreams on developing data pipeline, data transformation and analysis for Portfolio analytics, Model reviews and other model enhancements

• Lead and steer yearly planning exercise and provide Actuarial inputs for the portfolio.

You are encouraged to act with a high level of team spirit, dedication and focus.

If you are eager to deploy your results-oriented approach and technical capabilities, to further grow your business understanding and support the ongoing development of portfolio, work with insurance specialists and other functional partners around the world, you are the right person to join our highly motivated team.

About the Team 

We are a global fraternity of Actuaries spread across the globe in Bangalore, Munich, Zurich, Manchester, London, New York, Windsor and Kansas City. Our team comprises of qualified and student Actuaries who work on the largest portfolio for Swiss Re CorSo. We are part of the Underwriting Unit and report into the Chief Underwriting Officer (CUO).

We foster an inclusive culture that values diverse perspectives and innovative thinking, ensuring equal opportunities for professional development.

About You  

Our expectations are just as large as yours. We are looking for an ambitious, trustworthy and enthusiastic team player who is keen to progress their career as an actuary. To be successful you need to have excellent interpersonal and communication skills with the ability to convey complex ideas effectively to a wider audience. Do you consider yourself to be a "self-starter," able and willing to take initiative and implement measures in a goal-oriented manner with:

• Bachelor's degree in a Quantitative/Numerical subject from a recognized university

• More than 8 years in an Actuarial position ideally in Property or short tail businesses for London Market businesses

• Qualified Actuary or you are qualified by experience

• Excellent skills in MS Excel and strong programming skills in R/Python or SQL

• A flair for data and numbers with a high level of numeracy and attention to detail

• An open-minded, intellectually curious approach to everything you do; and you are likely someone who is continually learning from a variety of sources

• Strong team skills and enjoy working with people across the globe.

For Germany, the base salary range for this position is between 95,000 and 158,000 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 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.​ #LI-Hybrid