Pricing Methodology Actuary

About the Role

This role focuses on a wide range of topics covering data analytics and pricing methodology. Key accountabilities include:

• Strengthen NB Origination rigor by promoting consistent execution of pricing processes, governance requirements, and review frameworks.
• Build and maintain a strong governance framework for costing tools and best practices to achieve excellence, balancing local, regional, and global requirements.
• Support continuous improvement of pricing methodologies, operating models, and associated controls to improve effectiveness, transparency, and scalability.
• Partner with regional costing teams to identify improvement opportunities and support adoption of globally consistent practices while balancing local business needs.
• Contribute to initiatives that improve operational resilience, process adherence, documentation quality, and audit readiness across pricing activities.
• Collaborate with underwriting, valuation, risk, and business management teams to strengthen business steering.
• Efficient use of programming skills (R or similar) and technical knowledge to develop solutions relating to costing tools and its processes.
• Support in the maintenance of pricing data requirements and engage with wider teams for improving data landscape and its quality.
• Collaborate and drive effective information sharing for the L&H community.

About the Team

You will be part of the L&H Portfolio, Pricing & Performance (PPP), a global team focused on enabling sustainable business performance through effective portfolio steering, pricing governance, underwriting standards, and business oversight.

Working across markets and functions, the team drives consistent practices, operational rigor, and informed decision-making to support the long-term success of Swiss Re's Life & Health business and contribute to making the world more resilient.

About You

• Qualified or nearly qualified actuary with experience in the Life & Health insurance or reinsurance industry.
• Strong understanding of L&H pricing, underwriting, risk management, or other actuarial frameworks.
• Experience contributing to the development and implementation of actuarial methodologies, governance frameworks, process improvements, or best practices.
• Strong analytical and problem-solving skills with excellent attention to detail.
• Proficiency in working with MS Office, advanced coding skills (R Prog, VBA) with a keen interest to develop further.
• Agile and flexible working style, with a proven ability to work independently, navigate ambiguity, and balance the need for adequate risk controls with commercial considerations.
• Excellent interpersonal, communication, and influencing skills.

Compensation & Work Model

For London, the base salary range for this position is between £62,000 and £94,000 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, experience, and location.

In addition to your base salary, Swiss Re offers an attractive performance-based variable compensation component designed to recognize your achievements.

Furthermore, 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.

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

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.

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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Reference Code: 139428