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In-Force Solutions Actuary

Are you excited to solve clients' challenges by creating and delivering value-driven solutions while enhancing the value of in force business and driving growth for Swiss Re and our clients? If yes, please join our team!

About the Role

You will work closely with the In Force Solutions Managers in growing and developing our portfolio of in force solutions along with diverse cross-functional teams with a range of expertise (behavioral economics, data science, sales, pricing, valuation, etc.) to deliver in force solutions in the US & Canada.

The team works across three main pillars of activity – develop, originate, and deliver – across which you'll have the opportunity to leverage your strengths and develop new skills.

Key Responsibilities:

  • Support our growth and delivery of our Principle Based Reserving (PBR) Experience Sharing Solution
  • Actively collaborate with Client Markets (sales) to ensure an understanding of client needs to enhance and expand the in-market PBR existing solution
  • Build and strengthen each solution's value proposition in the context of client needs and market considerations (i.e. current and changing practices and regulations)
  • Find and implement ways of improving the efficiency of the processes, including enhancement of the Stargate and excel tools
  • Enhance our understanding of policyholder behavior by using data analytics to monitor, refine, and develop new behavioral insights
  • Estimate and model the impact of our solutions for Swiss Re and our clients

About the Team:

We are a diverse team that focuses on creating and delivering best in class solutions, for and with clients, by helping clients retain their customers and optimize their own in force portfolios.

We defend our market leading position on our current solutions (Post Level Term Management, Principle-Based Reserving Experience Sharing, Perm Solutions) and are eager to develop new solutions to achieve ambitious goals.

About You:

  • Understanding of the key drivers that influences mortality experience including underwriting characteristics, distribution channel, target market, etc.
  • Experience related to VM-20 reserving framework for mortality products (Term, UL), regulatory development and implementation.
  • Has understanding on how to build actuarial models and experience studies.
  • Focused on client needs and passionate about exceeding client expectations.
  • Has a strong intrinsic drive. Thrives in situations of ambiguity. Motivated to achieve ambitions goals even if the path to achievement is vague. Can make the intangible tangible, bringing clarity to the path of success.
  • Strong financial acumen and knowledge of L&H (re)insurance, as evidenced through successful prior experiences and/or achievement of industry designations.
  • Familiarity with AXIS is a plus.

For Armonk, NY, the estimated base salary range for this position is $79,000 to $144,000. The specific salary offered for this, or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget.

At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.

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 and their passion for sustainability.

Equal opportunities

Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.

During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.

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

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