Longevity Pricing Actuary (80-100%)

Swiss Re; City Of London; On-site; GBP 62,000 - 94,000; Full time

Benefits offered by this job

Performance-based bonus

Global benefits

Job summary

Swiss Re is seeking an experienced Longevity Pricing Actuary in London to lead pricing of longevity transactions, model costing, data analysis, and develop pricing solutions that shape global strategies. You will test suitability, manage pricing processes, and contribute to ad-hoc projects within a cross-disciplinary Life & Health team.

A fully qualified actuary with Longevity pricing experience is required, with strong Excel/VBA and Python and client-facing skills.

Qualifications

• Fully qualified actuary with substantial life and health insurance experience.
• Proven expertise in longevity transactions and actuarial pricing.
• Experience in Mortality analysis and pricing.
• Strong Excel/VBA and Python programming skills.
• Strong commercial acumen and client communication skills.

Responsibilities

• Evaluate potential longevity transactions to test suitability for further investigation.
• Lead modelling and costing of longevity transactions, performing detailed data analysis, proposing basis and pricing.
• Help to formulate solutions to clients' needs and internal pricing issues.
• Manage the maintenance and development of Longevity pricing processes.
• Lead or support ad-hoc projects and research.
• Support development of our costing framework for longevity business.

Skills

Longevity pricing

Longevity transactions

Pricing of actuarial data

Excel/VBA

Python

Client communication

Education

Fully qualified actuary

Tools

Excel/VBA

Python

Job description

Longevity Pricing Actuary (80-100%)

London

Greater London

GB

EC2V 8

Any

Are you an experienced actuary ready to take on complex longevity risk challenges at a global level? Join our team at Swiss Re where you'll shape our strategic approach to longevity transactions and lead innovative pricing solutions that impact our business worldwide. We are a small and dynamic team which will provide you with a challenging and meaningful role.

About the Role

• Evaluate potential longevity transactions to test suitability for further investigation
• Lead modelling and costing of longevity transactions, performing detailed data analysis, proposing basis and pricing
• Help to formulate solutions to both clients' needs and internal pricing issues
• Manage the maintenance and development of Longevity pricing processes
• Lead or support ad-hoc projects and research
• Support the ongoing development of our costing framework for longevity business

About the Team

We are a cross-disciplinary team, part of the wider Life & Health Structured Solutions team. Our mandate is analysis of, performing due diligence and executing transactions with Longevity Solutions. Our team contributes to one of Swiss Re's strategic initiatives and carries out projects in the longevity field.

About You

We are looking for candidates who meet these requirements:

• A fully qualified actuary with substantial experience in life and health insurance
• Proven expertise in longevity transactions
• Previous experience of actuarial pricing
• Experienced in Mortality analysis
• Proficiency in excel/VBA and other programming environments (e.g. Python)
• Enthusiastic for uncovering insights from data
• Strong commercial acumen and client communication skills

Our team will welcome you as a member if you are:

• A strong team member able to build working relationships across technical areas
• Strong in handling your own workload when faced with multiple priorities, but willing to seek guidance as and if required
• Able to think independently - willing to form and defend own view on technical topics
• Analytical, problem solver and creative

For London based role, the base salary range for the Longevity pricing actuary is between GBP 62,000 and GBP 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, specialisation, skills and experience.

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

We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.

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. 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.