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Pricing Actuary

About The Role

We are looking for the special actuary! You will have an outstanding and exciting opportunity to join a diverse and motivated team, committed to delivering value and innovative services together with our clients and partners in the primary insurance space.

You will be a member of the product management team where product managers and actuaries are working very close together or are even united in one person. You will be responsible for the pricing development of easy-to-understand insurance products suitable for digitalization for our focus markets Germany, Netherlands, Switzerland, Italy, Spain and Portugal. You will work closely in cross-functional teams evaluating key consumer needs to build a phenomenal customer experience using brand-new technology solutions. While enabling attractive sales journeys, you will ensure robust underwriting, and work together with the claims team to ensure end-to-end automation capabilities. You will report to the Head Product Management DACH.

Your Responsibilities Include

  • Generate pricing metrics for profitability management and benchmark analytics as well as partnership with the reserving department
  • Create very modular tariffs with focus on motor enabling high flexibility on coverage and object bundles while keeping adverse selection risks under tight control
  • Develop innovative and easy to understand P&C products starting from our customers' perspective and in close collaboration with claims
  • In case of limited claims data, define technical and commercial tariffs for newly developed products while also performing more sophisticated actuarial analysis (GLM and new methods) for bigger portfolios
  • Continuously improve the selection and pricing of risks through the use of leading-edge pricing tools and models incl. predictive analytics
  • Monitor market developments, evaluate upcoming consumer needs and perform competitor benchmarking to ensure adequate positioning of our products
  • Be responsible for your own market and manage your product portfolio through continuous testing of different bundles, tariffs and sales journeys
  • Participate in sales pitches and ideation workshops as part of a cross-functional team to onboard new distribution partners in your market

About The Team

We put the consumers' needs in the centre of what we do, aim to become a digital champion and believe in data-based learning. We use the Swiss Re network to access state of the art technologies and capabilities, combine it with local expertise and an innovative mind-set, constantly questioning current ways of offering insurance. Our aim is to drive the digitalisation of the P&C insurance business in Europe as a white-label insurer working with trusted brands. We combine insurance know-how and e-commerce competencies, as well as the dynamic spirit of a start-up with the backing of Swiss Re.

Do you enjoy thinking ahead and identifying new opportunities or anticipate future challenges? Do you like driving sophisticated projects in an agile way? Join us today if you enjoy pushing borders and have a passion for the latest technologies!

About You

  • Fully qualified actuary with 2+ years of experience in P&C retail pricing (experience with key software such as Earnix, Emblem is an advantage) in Continental Europe
  • Expertise in statistical modelling and data analytics (Proficiency in modelling languages such as R, Python or similar) and comfortable learning and working with new software
  • Technology minded with a clear view on how technology can be used for customer friendly underwriting and more attractive insurance products
  • Creative and have many ideas how to improve the current market practices and enhancing the customer experience through transparent products
  • Hands-on and independent working style embracing cross-functional teams and partnering with distribution partners from different industries and backgrounds
  • Ambitious and able to demonstrate commercial competence when partnering with distributors and driving product innovation
  • Clear and effective communication with internal and external business leaders
  • Proficiency in Spanish and English; proficiency in other EU languages is a plus

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

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