Mexico City

Associate

Qualified

Senior Actuary

Life

Investments

Health

Property & Casualty

Products

Reserving

Reporting

Reinsurance

Risk

Python

Modelling

Coding

Pricing

Valuation

Consulting

Excel

Climate

Corporate Title: Assistant Vice PresidentDivision: CRM-Group Risk Management (50002054)Department: CRMN-Risk Management P&amp;C Re (51003916)Recruiter: Mylena Gomez GordilloHiring Manager: Jael TrejoAbout the TeamOur team is responsible for determining the technical reserves at appropriate levels, ensuring compliance with local statutory and IFRS requirements across multiple regions. We support Swiss Re Group’s actuarial risk management, specifically for Swiss Reinsurance Company Ltd and Swiss Re Corporate Solutions in Mexico and Colombia.About the RoleAs a key member of our team, you'll play a critical role in supporting the company's growth strategy. This position focuses on reserving, economic valuation, and financial reporting. You’ll be involved in exciting actuarial projects that drive decision-making across the business, allowing you to develop your skills while contributing to our success.Key Responsibilities:<ul><li>Quarterly P&amp;C insurance portfolio reserve estimation: Work closely with internal teams (Claims, Underwriting, Pricing, Finance/Accounting) to ensure accurate reserve calculations.</li><li>Determine pay-out patterns: Provide vital input for IFRS and solvency calculations, helping to drive financial stability.</li><li>Financial reporting: Prepare both internal and external (statutory) reports and presentations, ensuring clear and accurate communication of financial data.</li><li>Portfolio analysis: Perform detailed portfolio reviews and analyses to identify trends and risks.</li><li>Actuarial support in global projects: Collaborate on international projects and initiatives that support growth strategies.</li><li>Control assessments: Follow up on controls assessments to ensure adherence to regulations and best practices.</li><li>Data analytics solutions: Help define and implement innovative data analytics solutions to enhance actuarial processes.</li></ul>What We ValueWe’re looking for someone who thrives in a collaborative environment and is eager to deepen their actuarial and financial expertise. If you're a proactive, self-motivated individual who enjoys working with cross-functional teams and tackling challenges head-on, you’ll fit right in!About You<ul><li>Experience: Minimum 3 years of experience in P&amp;C (re-)insurance.</li><li>Technical Skills: Strong understanding of IFRS principles and reserving methods for P&amp;C (re-)insurance.</li><li>Software Proficiency: Experience using actuarial and statistical software.</li><li>Qualifications: Motivated to advance actuarial qualifications (local and/or CAS).</li><li>Communication: Excellent interpersonal, written, and verbal communication skills in English. Additional language skills are a plus.</li><li>Organizational Skills: Able to prioritize and manage multiple tasks effectively.</li><li>Team Spirit: A collaborative mindset with the ability to work well within a team.</li><li>Proactive Attitude: Always ready to take the initiative and drive solutions forward.</li></ul>About Swiss ReSwiss 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 &amp; Casualty and Life &amp; 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.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.

DescriptionThe Pricing Actuary will be dedicated to modeling and pricing renewal and new business policies for the Verita team. The Pricing Actuary will develop and use complex financial models in order to consistently deliver profitable results and sustain the long-term strategic direction of the team. This role reports into the Chief Actuary.The Role:<ul><li>Enhances, reviews, and monitors pricing models used throughout the group to ensure they reflect the highest standards and provide consistent indications across all lines of business.</li><li>Works integrally with the underwriting team on deals and participates in meetings with brokers and clients.</li><li>Prices complex programs as needed.</li><li>Drives pricing decisions based on advanced risk pricing tools and legal/macro trend analyses.</li><li>Liaises with Underwriting, Claims & Loss Control team and the Chief Actuary to ensure that pricing analysis reflects all relevant and applicable information.</li><li>Works closely with the Catastrophe Modelling team to price concentration accounts.</li><li>Assists pricing studies that monitor the profitability of products. The individual will have accountability for the gross/net profitability of lines of business and industry segments.</li><li>Monthly tracking/reporting on key actuarial metrics across all lines of business (Rate change, rate change trends, loss trends, etc.)</li><li>Handles numerous data and report requests relating to regulatory, rating agency, and financial reporting needs.</li><li>Communicates results, analysis, and recommendations in a manner that is understandable and allows management to make operational changes where necessary.</li><li>Assists with the production of actuarial reserve reports that comply with actuarial standards of practice.</li><li>Provides data and information to third-party actuaries and auditors and works with the Chief Actuary to respond to questions related to the information provided.</li><li>Provides subject matter and functional expertise to internal/external stakeholders for their assigned area of responsibility.</li><li>Develops/maintains key reports and dashboards to support proactive claims monitoring and loss control initiatives.</li><li>Works with Product teams to support underwriting initiatives.</li></ul>QualificationsThe requirements:<ul><li>Undergraduate or advanced degree preferred.</li><li>Must have a minimum of 5 years of actuarial experience.</li><li>A demonstrated track record of consistently exceeding performance expectations.</li><li>Strong analytical and problem-solving skills.</li><li>Well organized and able to meet deadlines.</li><li>Proficiency in Microsoft Office Suite (Excel, Word, and PowerPoint).</li><li>Excellent communication (both written and verbal) skills.</li><li>Comfortable working in a team setting or independently.</li></ul>Inclusive job opportunity.

Mexico Actuarial Pricing ManagerObjective:The primary objective of this role is to lead the actuarial pricing efforts for Mexico Personal Insurance (PI). This includes managing a team of pricing actuaries and closely collaborating with the Mexico Underwriting (UW) team. The role requires a deep understanding of business needs to prioritize pricing requests and conduct thorough pricing and portfolio analyses.These insights will be converted into actionable recommendations to support the UW team in enhancing profitability and achieving business growth targets.Key Responsibilities:<ul><li>Lead and oversee the Mexico PI pricing team, managing team members and prioritizing tasks.</li><li>Foster strong connections with internal stakeholders, including the Underwriting, Claims, Reserving, and Global Pricing teams.</li><li>Develop pricing models for new PI products and handle special business case analyses.</li><li>Conduct detailed portfolio analyses and provide actionable insights to the Underwriting team to inform decision-making and profitability strategies.</li><li>Perform Rate Level Indications, rate updates, and loss cost model updates.</li><li>Lead the Rebaseline and Budget LR processes for Mexico PI.</li><li>Collaborate with senior management, presenting findings and strategies related to pricing, portfolio performance, and risk management.</li><li>Drive continuous improvement initiatives across pricing practices, including data development, risk modeling, reporting, and other relevant processes.</li></ul>Reimagining insurance to make a bigger difference to the world:American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions. We are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us as we think in new and innovative ways to deliver better solutions to our customers.At AIG, you can go further to support individuals, businesses, and communities, helping them manage risk and respond to times of uncertainty.We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.Welcome to a culture of belonging:We’re committed to creating a culture that respects and celebrates each other’s talents, backgrounds, cultures, opinions, and goals. We foster a culture of inclusion and belonging through flexible work arrangements and diversity and inclusion learning.The diversity of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous awards and accreditations.AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability, or any other legally protected categories.AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.Functional Area:AC - ActuarialAIG SEGUROS MEXICO S.A. DE C.V.

Are you looking for an actuarial role where you can take ownership of your own analyses and then use the results to help business owners drive their strategies? If you are up to the challenges of developing pricing solutions for insurance business in an ever-changing market, forging strong relationships with business leaders, and advocating for strategic market decisions, apply today to help shape the future of Swiss Re Corporate Solutions in Latin America!About the RoleThe Latin America actuarial team within Swiss Re Corporate Solutions is looking to hire an individual to lead actuarial analyses for our Latin America Commercial Property portfolio. This role offers a unique opportunity to work with actuaries and business partners from Brazil, Mexico, and the rest of LatAm.In addition, the individual will gain exposure to a wide range of actuarial techniques, commercial products, and regional standards. Projects consist of regular quarterly/annual updates along with less frequent deep-dives into segment loss experience. A sample of responsibilities include:<ul><li>Quarterly reviews of projected profitability and segmentation analysis to better understand relative profitability.</li><li>Annual pricing model calibration to align with internal profit targets and/or external data.</li><li>Partnership with underwriting leadership regarding strategic actions.</li><li>Occasional pricing support for individual large accounts.</li><li>Provide actuarial support for technical notes for the local regulatory entities.</li></ul>About the TeamWe provide actuarial support to Corporate Solutions businesses across the Americas as well as own the development of many global actuarial models and parameters. We work closely with our P&C business leaders, providing guidance on profitability and needed rating plan changes to improve performance.We also partner with actuaries around the world to develop efficient cross-product models and consistent parameters.About you<ul><li>University graduate with an actuarial degree.</li><li>Minimum five years of actuarial experience, preferably in a pricing role in property insurance.</li><li>Minimum of intermediate conversational English proficiency required.</li><li>Critical skills:
 <ul><li>Self-motivation and ability to work independently;</li><li>Organized and able to manage various priorities;</li><li>Internal drive to push projects forward and meet deadlines;</li><li>Curiosity to understand "what" the data is saying and "why";</li><li>Interest in developing data-based strategic actions in partnership with portfolio owners;</li><li>Strong communication skills with technical and non-technical colleagues;</li><li>Ability to turn technical insights into practical guidance;</li><li>Creativity to consider actuarial problems in new ways.</li></ul></li><li>Experience working with property insurance products preferred.</li><li>Experience with SQL, R, and/or Python preferred.</li></ul>About Swiss Re Corporate SolutionsSwiss 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.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 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.All our positions are affirmative for people with disabilities (PwD).

About the Team &amp; the RoleAre you eager for an opportunity to develop as a Pricing Actuary for core Life &amp; Health business in Latin America?We are looking for a new member of our L&amp;H Team to work in a multifaceted environment focusing on pricing business written particularly in Mexico. The position requires significant collaboration within the organization with other actuaries, underwriters, and support functions, locally and abroad.We are accountable for developing innovative and custom solutions aimed at specific client needs.In this role you would be responsible for activities like:<ul><li>Support the development and execution of the team’s strategy.</li><li>Actuarial analysis and pricing of traditional L&amp;H business, build models, and provide analytic support throughout the deal.</li><li>Coordinate with various internal and external partners and managing timetables and file documentations.</li><li>Monitor the performance of the portfolios and improving governance standards.</li><li>Design and develop of new Life &amp; Health insurance products &amp; client presentations.</li><li>Review/monitor the profitability of business lines and recommend actions as necessary (products, pricing basis, etc.).</li><li>Actuarial support for the Latin America Life &amp; Health business unit including development of pricing basis and actuarial processes improvement analysts and tools.</li><li>Develop eye for business in order to become a source of technical knowledge and advice in the region.</li><li>Develop strong relationships with global functions to transfer knowledge and expertise into Latin America.</li></ul>About youIf you are a qualified actuary or in course of graduation with solid foundation in technical actuarial principles, this might be your next career opportunity!We are searching for someone who:<ul><li>Has initial experience in pricing/monitoring a range of life and health products, good understanding of GAAP, IFRS and also capital solutions would be a plus.</li><li>Has ability to anticipate problems and a proactive problem solving approach.</li><li>Is an excellent communicator in English and Spanish, being able to present ideas and difficult concepts.</li><li>Enjoys being a great teammate with drive to improve internal operation.</li><li>Expert user of MS Excel (knowledge of VBA, SAS, R are advantages).</li></ul>About Swiss ReSwiss 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. 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.

About the TeamGovernments and other public sector entities are increasingly aware of the various risks they absorb as explicit or implicit risk takers. Over the last 11 years, Swiss Re has invested in educating public sector partners about this changing paradigm and identifying ways that risk transfer can help governments handle these new fiscal challenges.The success of Public Sector Solutions presents Swiss Re with a significant opportunity for expansion and business development and solidifies the public sector as a meaningful element of Swiss Re's growth strategy across its (re)insurance and capital markets related businesses. In helping our clients, we can accelerate economic development, improve risk awareness, and deepen social resilience.We aim to develop business opportunities with the public sector by systematically approaching national and municipal governments, NGOs and development banks in a coordinated way across the Group. We provide risk transfer solutions to reduce the contingent liabilities of governments. These solutions range from non-traditional risk transfer products such as cat bonds for pandemics to reinsurance coverages for SMEs for a changing climate.While the team increasingly reaches out into other lines of business, large natural catastrophes and large-scale weather-related risks remain at the very core of our business success.To reach our ambitious business targets - PSS is a business unit, focussed to reach financial targets - we are looking for a Product Manager with a core focus on Latin America who is ready for a challenge and keen to support Public Sector Solutions in a technical function which is close to the client.About the RoleWe are looking to recruit a highly motivated, entrepreneurial-minded, and tenacious person with ideally 3-5 years’ relevant professional experience in underwriting and design of structured (parametric) insurance solutions, ideally with a strong background in natural perils or actuarial sciences.As a member of the globally operating Product Management team, the successful candidate will work very closely with the regional Public Sector Solutions (PSS) client management team and with the Products teams from both Swiss Re Corporate Solutions and Reinsurance. The candidate is expected to represent PSS' business solution capabilities, allowing us to offer client ready, value adding products that meet actual client needs. The applicant utilizes their own expertise and leverages the Group's overall technical know-how to drive innovation, accelerate transactions, and collaborate with cross-functional teams.While technical abilities and project management skills will be core criteria for the successful candidate, the ability to effectively present complex technical aspects in an easy to grasp way, in writing as well as orally, are of equal importance. The position holder will engage frequently with public sector clients, modelling firms and data providers of all levels of seniority. You connect and adapt easily with internal and external stakeholders and can take decisions which are pragmatic but nevertheless robust and defendable.Key accountabilities include:<ul><li>Assessing and modelling, primarily natural catastrophe and weather risks globally using existing tools but also designing robust novel solutions. Special focus is given to index based, parametric risk transfer solutions, not excluding traditional placements (structuring skill)</li><li>Taking role in analyzing and pricing (aka underwriting) transactions, preparing the issuance of non-binding and binding client indications (underwriting skill)</li><li>Effectively and responsibly lead lager scale transactions for PSS or development projects covering traditional structuring and underwriting as well as product/solution development (development skill)</li><li>Represent the team's technical expertise through close collaboration with the Products and local client facing teams. Dissect and present complex concepts to clients to drive effective sales efforts, (presentation skill).</li><li>Contribute to sales effectiveness with the preparation of technical documentation (documentation skill).</li><li>Be a "translator" between the client need and what SR can offer or develop. This by using language and illustrations that makes such material appreciated by the non-expert (marketing skill)</li><li>Driving effectiveness and ensuring replication of successful transactions to improve efficiency and overall economics of PSS’ transaction management (business skill)</li></ul>About you:<ul><li>Ideally of 3-5 years of professional experience, ideally in field of risk assessment, risk modelling, applied sciences or actuarial sciences (e.g., EQ, TC, Flood, Climate risks, …)</li><li>Solid experience with index-based parametric insurance products, including structuring and underwriting for all types of perils, not excluding tradition indemnity-based solutions</li><li>Above average background in natural sciences or related discipline (master's degree or higher).</li><li>Geospatial mapping and data analysis capabilities using standard GIS programs (ArcGIS, QGIS) and/or a programming language (Python, "R", etc…)</li><li>Strong interest and proven track record to translate complex subjects into easy-to-understand material to be used in front of clients</li><li>Outspoken, self-propelled individual who likes working in a global environment and enjoys working in oftentimes virtual team settings. Skilled communicator.</li><li>Excellent team player, willing to take different roles in a fast-changing and agile environment. Happy to work with and connect to a truly globally domiciled and operating team</li><li>Ability to see the big picture without compromising attention to detail</li><li>You are fluent in Spanish and English, any other language a plus (e.g., Portuguese)</li></ul>About Swiss ReSwiss 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 &amp; Casualty and Life &amp; 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.

As a member of Munich Re’s Actuarial team, the actuary will join a community of life and health actuarial experts across Latin America and Southern Europe (Spain, Portugal, Malta and Italy) and will report to the Actuarial Pricing Manager.This position is based in Mexico City.Your job:<ul><li>Technical servicing of clients along the Latin-America region, in particular with the acquisition of new business and the maintenance of existing business, with targeted support for Client Management & Business Development teams</li><li>Support on derivation of best estimate pricing bases and updates on time, based on biometric studies</li><li>Support product development projects, in cooperation with MR experts in Madrid, Munich, and London</li><li>Monitor and valuation of existing and new business, including Data Management for portfolio data</li><li>Develop risk management processes as first ln, especially with high-risk business</li><li>Conservation, acquisition and promotion of know-how and technical coordination with focus on international exchange</li></ul>Your profile:<ul><li>Education: University degree in Actuarial Science, Economics or Mathematics</li><li>Qualified actuary with experience of at least 2 years in life (re)insurance pricing, including life contingencies, probabilities, reserving, and experience in modelling with the use of actuarial tools</li><li>Health insurance knowledge is a plus</li><li>Knowledge in Microsoft Suite, specially excel (can perform complex functions) &amp; word, R or similar programming</li><li>Open to learn internal tools and systems</li><li>Fluent in Spanish and good business English</li></ul>You should demonstrate a high degree of:<ul><li>Work in teams and spread knowledge</li><li>Communication skills</li><li>Analytical skills</li><li>Personal responsibility and ownership</li><li>Work under pressure</li></ul>Our Benefits:<ul><li>Active support in the growth of your professional and personal development</li><li>Great compensation package that is complemented with a comprehensive benefits program</li><li>A hybrid working model that allows for flexible hours, in-office and remote working</li><li>A great workplace environment</li></ul>

Job Description:<ul><li>Portfolio Analysis</li><ul><li>Conduct profit study/country planner/budget</li><li>Perform deep dives to support underwriters in investigating components of their portfolio</li></ul><li>Monitoring</li><ul><li>Monitor rate, rate adequacy, and exposure</li><li>Analyze profiles such as deductibles, limits, line sizes, etc.</li><li>Use AvE to leverage existing reserving work but build up pricing AvE (template exists in EMEA/UK)</li><li>Analyze claims to spot trends</li><li>Work closely with underwriting management to identify profitable new business and growth opportunities</li></ul><li>Rater/Pricing</li><ul><li>Support Property underwriters to understand how their technical premium has been built up in GLMS – Modelled Cat, non-modelled Cat, non-Cat</li><li>Work as part of the global team to calibrate and validate base rates and modifiers in the Property rater</li><li>Update LAC pricing models for Package/SME</li></ul><li>Others</li><ul><li>Support requests for data as required for different regional/international/global initiatives</li><li>Feed into risk and other discussions that assess the impacts LAC Property/Package business</li><li>Work with regional cat teams to understand the drivers of cat pricing and how these impact technical premiums</li></ul></ul>Technical Skills and Expertise:<ul><li>Ability to communicate actuarial concepts to non-specialists</li><li>Candidates with Property/SME product experience strongly preferred</li><li>Candidates with CAT modeling understanding preferred</li><li>Proven proficiency in actuarial pricing concepts/methodologies</li><li>Actuarial degree</li><li>Strong analytical and problem-solving skills</li><li>Work well both independently and as part of a team</li><li>Expertise in Excel, VBA, SAS, R, Python, or other programming languages</li><li>Strong business and collaboration skills, and responsive to service needs and operational demands</li><li>Excellent communication, presentation, and interpersonal skills</li><li>English and Spanish speaker</li></ul>About the Company:American International Group, Inc., its subsidiaries and affiliates are committed to being an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability, or any other legally protected categories such as sexual orientation.At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals but also truly valued for their unique perspectives.

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