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Pricing Actuary (L&H)

About the Role:

We are offering an exciting opportunity for a highly motivated, dynamic actuary in our Life and Health Middle East & Africa (MEA) Pricing team in Cape Town.

As a member of the Europe, Middle East and Africa (EMEA) hub you will develop innovative, market leading reinsurance solutions for the Middle East & Africa markets, working collaboratively with local and global experts throughout Swiss Re.

This is a client facing role: you will work closely with clients to understand their needs and deliver efficient solutions for them and for Swiss Re. You will apply your technical skills in a dynamic environment, thinking creatively to shape solutions to a broad range of challenges. You will also contribute to Swiss Re's wider market presence, including presenting at external events.

Responsibilities may vary and can include the following:

  • Lead or support the development and review of pricing bases and reinsurance terms for new and established products
  • Perform data analyses relating to emerging claims experience
  • Monitor performance of our reinsurance portfolio in conjunction with our reporting and experience studies teams
  • Collaborate cross-functionally with clients and external partners on pricing and product development opportunities
  • Depending on experience, own and drive thought leadership and provide guidance to others

Are you looking for an adventurous role, where you can demonstrate both technical, commercial, and personal leadership capability? Then this is for you!

About the Team

Our Cape Town based MEA Pricing team operates within L&H Hub EMEA, and within the UKI & MEA Pricing unit in particular.

The team delivers reinsurance pricing across a wide range of products in the Middle East & Africa markets. We work cross-functionally with our colleagues in client management, underwriting, claims and reporting teams, as well as our counterparts within the broader EMEA region.

Rotations and ad hoc support between the UK and MEA Pricing teams encourage continuous learning and career development, whilst bringing added perspective to our clients.

This team is diverse but with a strong sense of community. The work is demanding, but we like to have fun too. We are committed, curious and supportive of one another. We offer a flexible working environment where curious and adaptable people thrive.

About you:

  • Qualified actuary (FASSA or equivalent) with approximately 4 to 8 yrs experience
  • Pricing experience, and/or familiarity with reinsurance structures and South Africa or UK retail protection market preferred
  • Excellent knowledge of relevant actuarial and statistical models (where R and GLM skills would be an advantage)
  • Strong customer focus with excellent inter-personal, communication, and influence skills
  • Highly motivated with the ability to produce accurate, high-quality work, under pressure, managing multiple priorities
  • An absolute team player, who is equally comfortable independently owning results and driving projects to execution

Swiss Re offers modern work models and attractive work places that allow all employees to adapt to changing work preferences and life phases. Preference will be given to Employment Equity candidates.

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.

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

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