Associate Pricing Actuary (D&O)

Are you a forward-thinking actuary looking to make a tangible impact on a global insurance portfolio? Join our dynamic team at Swiss Re Corporate Solutions where your analytical expertise will directly influence business decisions and drive portfolio profitability in the exciting world of Executive Risks (D&O) insurance.

About the Role

As part of our Global Executive Risks (D&O) actuarial pricing team, you'll leverage cutting-edge data-driven techniques to execute portfolio goals. Your technical actuarial expertise and business acumen will enable you to effectively communicate analytical findings to global partners, directly influencing portfolio profitability and contributing to our Business Unit's overall performance.

Key Responsibilities

• Support the delivery of quarterly profitability reviews that provide portfolio steering insights and underwriting recommendations to our FinPro underwriting leaders.
• Analyze portfolios by examining diverse data sources and performing statistical analysis to derive meaningful insights.
• Communicate results to wider partners including Portfolio Managers, Reserving Actuaries, and Finance departments.
• Execute actuarial rate reviews to update costing parameters of in-house Swiss Re developed models.
• Develop and enhance actuarial models through dedicated project work.
• Coordinate the rate monitoring process produced by the rating models and ensure feedback loops back to our profitability and planning analysis.

About the Team

We are an actuarial team providing support to global Executive Risks (D&O). Key responsibilities for our team include loss ratio projections, rating plan development, model calibration, and actuarial pricing support. We work closely with our business partners and encourage technical innovation that supports traditional methods.

Our team comprises qualified and student Actuaries who are an integral part of Swiss Re CorSo. We are part of the Underwriting Unit and report to the Chief Underwriting Officer (CUO).

About You

We're seeking an ambitious, trustworthy, and enthusiastic team player who is passionate about advancing their actuarial career. You'll need excellent interpersonal and communication skills with the ability to convey complex ideas effectively to diverse audiences.

You're a self-starter who takes initiative and implements measures in a goal-oriented manner.

We are looking for candidates who meet these requirements:

• Bachelor's degree in Actuarial Mathematics.
• Progression through Actuarial exams.
• Excellent skills in MS Excel and strong programming proficiency in R/Python or SQL.
• Good quantitative aptitude – able to understand and comprehend actuarial concepts.
• Desire to learn from highly skilled industry professionals across multiple fields to grow your professional development.

These are additional nice to haves:

• Strong communication skills and team spirit to effectively collaborate with team members.
• Excellent organizational skills - ability to work under pressure and prioritize tasks accordingly.
• Reliability – integrity, judgement, energy, ownership, analytical power.

Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week.

For London, the annual base salary range for this position is between GBP 40,000 and GBP 60,000 (for a full-time role). The specific salary offered considers:

• the requirements, scope, complexity, and responsibilities of the role,
• the applicant's own profile including education/qualifications, expertise, specialization, skills, and experience.

In addition to your base salary, Swiss Re offers an attractive performance-based variable compensation component, designed to recognize your achievements. Further, you will enjoy a variety of global and location-specific benefits.

Eligibility may vary depending on the terms of Swiss Re policies and your employment contract.

About Swiss Re Corporate Solutions

Swiss Re is one of the world’s leading providers of reinsurance, insurance, and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime. Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group.

We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally.

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.