Senior Actuary (P&C Pricing)

About the Role

Do you have career aspirations to be a leader in Pricing for the commercial General Insurance space? This role involves 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 position reporting into the Lead Actuary Property EMEA, Energy, APAC within the Actuarial Portfolio Management (APM) Unit. You will execute portfolio goals using data-driven techniques.

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

You will utilize actuarial methods and techniques to develop insights into portfolio trends and set costing parameters for our in-house proprietary property costing model. Your work will directly impact the profitability of your portfolio and 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 stakeholders including Underwriters, Reserving Actuaries, Finance colleagues, and Portfolio leaders.
• Lead initiatives such as quarterly profitability analysis of the portfolio by employing a suite of Actuarial and data techniques.
• Build technical portfolio insight capabilities to optimize financial performance management and enhance views on profitability of sub-portfolios across lines of business.
• Analyze portfolios and sub-portfolios by slicing and dicing data sources and perform statistical analysis 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 proprietary costing model for Fire perils.
• Lead Actuarial projects to enhance models and develop models for newer perils.
• Lead workstreams on developing data pipelines, data transformation, and analysis for Portfolio analytics, Model reviews, and other model enhancements.
• Lead and steer yearly planning exercises 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 grow your business understanding and support the ongoing development of the portfolio, 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 various locations. Our team comprises 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

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? You should have:

• 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 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; 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, as well as the applicant's profile including education/qualifications, expertise, specialization, skills, and experience.

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

About Swiss Re Corporate Solutions

Swiss Re is one of the world’s leading providers of reinsurance, insurance, and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.

Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally.

If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.