Pricing Insight Actuary

About the Role

The Pricing Insight Actuary plays a pivotal role in shaping Swiss Re’s pricing strategy by setting and refining pricing assumptions through rigorous experience analysis and market research. This includes maintaining and evolving Terms of Trade (ToT) in line with emerging trends and managing end-to-end experience studies in collaboration with cross-functional teams.

You'll drive assumption setting through deep collaboration across Pricing, R&D, and Client Markets while integrating both insurance and external data sources to enhance pricing accuracy. In this role, you will either focus on the management of experience studies or market insights and future trends.

Assumption Setting

• Maintain and enhance Terms of Trade (TOT) in close collaboration with the Pricing team, ensuring alignment with evolving experience and forward-looking trends.
• Support data research and partner with R&D, Pricing, and Client Markets to support new product solutions, access emerging risk pools, and develop non-product propositions.
• Leverage both insurance and non-insurance data analytics to strengthen pricing foundations and inform assumption settings.
• Define and review risk appetite and governance frameworks for new products across the innovation cycle.
• Support product development and innovation by contributing technical insights, research, and project coordination. Collaborate with the Pricing team to enhance pricing using both insurance and non-insurance data analytics.

With focus on Management of Experience Studies

• Assist the team leader in managing the end-to-end process for experience studies, working closely with Technical Accounting (TA) and Data Management & Insights (DMI) to ensure timely and high-quality delivery.
• Continuously improve the data workflow to enhance the quality and coverage of experience studies.

With focus on Market Insights and Future Trends

• Conduct research on market trends, product development, market intelligence, and regulatory directives to enhance pricing foundations and strengthen Swiss Re’s competitive position.
• Work closely with XFTs (including but not limited to Medical Officers, Claims, Underwriting, and Client Managers) to stay attuned to market developments and identify potential signals impacting experience.
• Assist team lead to deliver data and experience results for valuation assumption setting and financial reporting.

About You

• Qualified or close to qualify actuary (under a recognized actuarial body - SOA/CAS/IOA/FOA/FIA) with a bachelor's degree in actuarial science, Mathematics, Statistics, Economics or equivalent.
• 3–7 years of experience in life insurance or reinsurance pricing, ideally with exposure to Southeast Asia markets.
• Knowledge of the Southeast Asian market is highly preferred.
• Working knowledge of IFRS17 reporting is highly desirable.
• Strong technical and analytical skills, with experience in pricing tools and programming (e.g., Excel, R, Python).
• Additional language skills (e.g., Thai, Vietnamese, Mandarin, Bahasa Malaysia/Indonesia) are desirable.
• Solid technical foundation in actuarial analysis and statistical modeling. Experience with Generalized Linear Models (GLMs) is strongly preferred.
• Ability to communicate technical findings clearly and concisely to both technical and non-technical audiences.
• Curiosity and initiative to challenge legacy processes and explore automation or advanced analytics solutions.
• Willingness to travel within Southeast Asia (~10%).

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.

Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. 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.

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.

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