Swiss Re logo

Swiss Re

Share this job:

View all jobs at Swiss Re

Swiss Re is hiring a

Senior Assistant Actuary (Pricing)

You will be a part of the Actuarial Reserving P&C Re team for Americas in Bangalore and will have the opportunity to apply your technical actuarial, modelling and data analytics skills across a wide variety of activities outlined below.

You will have the opportunity for out of the box thinking while working on solutions to a broad range of challenges. You will be involved with a wide variety of topics across Pricing, Reserving, Statutory reporting and data analytics which will help you develop into a well-rounded actuary.

The job responsibilities include the following:

  • Perform actuarial analysis of business to be commuted and determine the price for the scope in question – this will include interaction with senior actuaries, Claims, Underwriting, Reserving and In-force Management globally.
  • Work on end-to-end reserving for designated lines of business and gain insights into the underlying business and markets.
  • Develop new and maintain existing pricing tools either independently (Excel and VBA based) or in a project team with other team-members and IT.
  • Work on statutory reporting and other actuarial reports.
  • Participate in cross-functional actuarial projects.

Contribute to data analytics projects and generate valuable insights from large datasets, data visualization and reporting.

The Actuarial Reserving P&C Re team for Americas is part of the Global Actuarial Reserving P&C Re Unit which is responsible for reserving, commutation pricing, statutory reporting, IFRS17 reporting/implementation and data analytics for actuarial analysis.

Personal Qualifications

  • Team player
  • Strong communication skills
  • Good technical actuarial acumen
  • Experience in working in a multi-cultural environment.
  • Ability to Interact and develop relationships with stakeholders across the globe.
  • Ability to be agile in a changing environment, challenge the status quo and continually improve.

Required Education and Skills

  • Academic Background in Mathematics, Physics, Engineering, Statistics, Economics, Actuarial Science
  • Minimum 7 actuarial exams and continuing to write in the future.
  • Minimum of 4 years of work experience in the P&C actuarial domain –reserving/pricing/risk management/capital modelling
  • Strong IT skills – Excel and VBA knowledge mandatory, knowledge and experience with R, Python or PowerBI is an advantage.

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.

View all jobs at Swiss Re