Pricing Actuary
Swiss Re
full-time
Posted on:
Location Type: Hybrid
Location: Bangalore • India
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About the role
- Develop and enhance best-in-class FinPro rating models by leveraging technology, internal data assets, and exploring broader datasets.
- Create strategic proposals in collaboration with business owners to address profitability gaps.
- Conduct sophisticated analysis using actuarial and data science techniques to improve portfolio profitability.
- Partner closely with Reserving, Underwriting, Finance, and Claims teams to drive integrated business solutions.
- Support pricing for large FinPro accounts, bringing analytical rigor to complex deals.
- Deliver insightful quarterly reviews that provide portfolio steering and recommendations to FinPro underwriting leaders.
- Coordinate rate monitoring processes from costing models and ensure feedback loops inform profitability analysis.
- Research external market trends including industry developments, market conditions, and rate changes.
Requirements
- 3-4 years of experience in P&C Commercial Pricing, preferably with general or financial liability products.
- Pursuing actuarial qualifications with demonstrated progress.
- Good understanding of actuarial methods, models, and related business processes.
- Experience in portfolio profitability analysis, costing models, and tool development.
- Strong communication skills with the ability to explain complex concepts to diverse stakeholders.
- Programming skills in R, Python, SQL, and knowledge of data science techniques.
- Experience working between Reserving or Pricing functions.
- Familiarity with exposure and experience rating techniques.
- Ability to work on multiple assignments with dynamic priorities.
- Self-starter mentality with strong work ethic and execution capabilities.
Benefits
- Hybrid work model with expectation to be in the office at least three days per week
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
RPythonSQLactuarial methodsportfolio profitability analysiscosting modelsdata science techniquestool developmentexposure rating techniquesexperience rating techniques
Soft Skills
strong communication skillsability to explain complex conceptsself-starter mentalitystrong work ethicexecution capabilitiesability to work on multiple assignmentsdynamic priorities
Certifications
actuarial qualifications