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Senior Pricing and Product Development Actuary

2 months ago

London, Greater London, United Kingdom Swiss Re Full time

About the Role

We are seeking a highly skilled Senior Pricing and Product Development Actuary to join our team at Swiss Re. As a key member of our Life and Health pricing team, you will be responsible for developing and maintaining pricing bases for UK and Ireland Life and Health protection products.

Key Responsibilities:

  • Build and maintain actuarial relationships with our clients' pricing and reinsurance teams
  • Develop and maintain pricing bases for UK & Ireland Life & Health protection products (including Life, Critical Illness and Income Protection)
  • Price reinsurance terms for UK and Ireland insurers for new and established products
  • Work collaboratively with clients on pricing and product development opportunities
  • Monitor the performance of our reinsurance portfolio in conjunction with our reporting and experience studies teams

About the Team

Our London-based Life and Health pricing team delivers reinsurance pricing across a wide range of products in the UK and Ireland insurance markets. We work cross-functionally with our colleagues in client management, underwriting, claims, and reporting teams. Our team is diverse, driven, and has a strong sense of community. Our work is challenging, and we are committed, curious, and encouraging of one another.

About You

  • Qualified actuary (FIA/FFA/FSA or equivalent) with several years' post-qualified experience
  • Appetite for a multi-dimensional role that is both highly technical and client-facing
  • Excellent understanding of Life and Health (re)insurance markets, products, and trends
  • Excellent knowledge of relevant statistical and actuarial models (experience in GLMs and R would be an advantage)
  • Possess excellent communication, influencing skills, and able to work independently
  • Reinsurance pricing experience (mortality/critical illness/income protection/new product features)
  • Highly motivated with the ability to produce accurate, high-quality work, under tight deadlines, managing multiple priorities and clients effectively
  • Client management/consultancy and negotiation experience
  • Sound judgment and decision-making skills are your strength