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Actuarial Analyst (Pricing)

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 14,000 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.



About the Team:

In this position in the Products Team you will provide internal support for the full spectrum of Medical Reinsurance actuarial services for the US Market as well as selected markets in Latin America. Responsibilities include new and renewal business costing support, providing financial and actuarial services to client markets, underwriting, technical accounting and reserving. You will deal with a number of medical reimbursement products that Swiss Re is offering in the US, including fully insured major medical, employer stop loss, HMO Reinsurance, or distinct market segments. You will also support financial reporting and project work.


 About the role:


Actuarial & Underwriting Focus:

  • Develop actuarial costing and experience reporting models
  • Develop quote costs, assumptions and model results or experience studies in compliance with corporate governance
  • Support quoting and referral processes and timely submission of referral documents under defined approval guidelines
  • Timely and efficient turnaround of multiple requests for proposals to assist in reaching financial objectives
  • Recommend rate structures for new business or renewals by evaluating and analyzing prior claims experience and other financial aspects
  • Support the development of the Annual Plan
  • Construct financial scenarios for client discussions
  • Work on projects to improve the pricing/costing process and understanding of the business



Client Focus:

  • Working closely with US and Latin America Products Team and Client Managers to support strong relationships with clients
  • Participate in internal discussions regarding renewals, products, change in strategic direction of health insurance, or other actuarial matters
  • Collaborate with various teams within the organization



Leadership and Management:

  • Support the client team by fostering open communication and exchange of creative ideas
  • Ensure and promote regular communication within and across client teams
  • Coordinate support of multi-disciplined team(s) across matrix to achieve objectives



Compliance and Controlling:

  • Ensure compliance with all Swiss Re guidelines, underwriting and pricing parameters, best practices as well as Code of Conduct
  • Ensure accuracy and reliability of financial reporting for assigned clients
  • Ensure that relevant Group Divisional and business unit deadlines are met at all times



About You

  • A thorough knowledge of actuarial concepts and principles
  • Minimum four-year degree in mathematics, statistics, actuarial science or related field with proven mathematical skill and analytical ability
  • Minimum of three years of life and/or healthcare experience in insurance and/or reinsurance
  • Knowledge of medical or managed care products is preferred
  • Completion of two/three exams from the Society of Actuaries is advantageous. Participation in the Actuarial Development Program to attain their Associate/Fellowship of the Society of Actuaries designation will be considered
  • Experience within various disciplines (e.g. actuarial, underwriting, sales, finance) is advantageous
  • Excellent written and oral communication skills in English required.
  • Experience with direct client relationships
  • Entrepreneurial and strategic thinker focused on delivering results
  • An independent thinker - willing to form and defend own view on technical topics, when given the right support.
  • Strong communication skills, including being capable of presenting results to internal interested parties.
  • Ability to promote teamwork and cooperation across business units and functions
  • The demonstrated ability to make decisions based on sound business judgment and a strong sense of urgency, and to be able to maintain credibility and generate confidence in those decisions
  • Strong mathematical analytical skills and high proficiency in Microsoft Excel and Access Coding capability in Visual Basic is preferred
  • Demonstrated ability to manage multiple projects to a successful completion
  • Demonstrated initiative, pragmatism, and business judgment
  • At ease with leaving the comfort zone and performing under pressure
  • Open minded, trustworthy and enthusiastic

Reference Code: 111959 


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⛔️ Swiss Re are no longer taking applications for this job.