Senior Actuarial Analyst (Pricing)

About the Team

Part of pricing & underwriting services team with around 80+ members between Actuarial and Underwriting teams located in Bangalore. This role will be supporting Australia and New Zealand market (ANZ) for reinsurance pricing - actuarial and experience studies.

Objective of Role

To support the ANZ Pricing & ES team, by providing technical expertise in respect of product pricing, experience studies and other initiatives.

Key Accountabilities

• Support the pricing actuaries in pricing treaties for ANZ market; responsibilities will focus on Open Treaty Reviews
• Support ES requirements for the region if any
• Provide Quote support/advisory recommendation for various Lines of Business and maintenance of pricing Terms of Trade.
• Provide support in inputs through analysis and maintenance of pricing Terms of Trade.
• Support the ANZ pricing actuaries in any local/regional projects as required.
• Work effectively with a cross-functional team of experts from client markets, underwriting, and claims towards assessing the risk associated with a treaty or opportunity.
• Provide technical, research and project management input for product development initiatives and pricing policy.
• Always ensuring the adherence to pricing guidelines and standard methodologies, and their consistent application.
• Mentoring the junior associates of the team.

Key Skills & Knowledge

• Excellent technical knowledge in all areas of pricing, experience studies and product development and fundamental knowledge of the products and services offered by insurers/reinsurers.
• Ability to apply actuarial judgement in a commercial environment.
• Good understanding of actuarial standard methodologies.
• Knowledge of actuarial L&H modelling and data analytical software's: SAS and R
• Organization, prioritization and planning skills.
• Knowledge of L&H actuarial modelling and data analytical software's.

Candidate Requirements

• Strong actuarial experience in insurance/reinsurance sector, ideally 2+ years of experience preferably pricing or ES.
• Experience in actuarial product design, pricing & ES, including use of any actuarial pricing tools will be an advantage.
• Good actuarial exam progress for actuarial institutes
• Excellent interpersonal, communication and influencing skills.

Make a difference in your career with one of the biggest reinsurance companies in the world with 12,000+ diverse set of employees in over 60 offices globally.

Our location at the heart of Bangalore has been witnessing balanced growth – the kind of growth characterized by the sophisticated and differentiated value delivered to the business. This is your opportunity to join the growing Analytics Centre of Excellence, working in tandem with the actuarial talent pool and other business functions located in our set-up in Bangalore.

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.