Portfolio Management Actuary (80 - 100%)

Swiss Re; Greater London; On-site; GBP 68,000 - 102,000; Full time

Job summary

A leading global reinsurance company is seeking a Portfolio Management Actuary to join its team in London. This role involves shaping portfolio management strategy and engaging with cross-functional stakeholders. Candidates should be nearly qualified or qualified actuaries, with strong analytical skills and experience in data management. The role offers a competitive salary ranging from £68,000 to £102,000, alongside performance-based compensation and additional benefits.

Benefits

Performance-based variable compensation

Global and location-specific benefits

Qualifications

• Nearly qualified or qualified actuary with P&C experience; portfolio and cycle management experience is highly desirable.
• Strong analytical skills, with a good understanding of reporting systems, actuarial models, and data management.
• Extensive experience with data and analytical management techniques.

Responsibilities

• Contribute to implementing the portfolio and cycle management framework.
• Support the development of a clear process and framework for portfolio management decision-making.
• Engage in change management activities across product, market units, and other functions.

Skills

Analytical skills

Actuarial technical capability

Strong communication skills

Data management

Building networks

Education

Qualified actuary

P&C experience

Tools

Reporting systems

Actuarial models

Job description

We are seeking a high-performing individual to join our team as a Portfolio Management Actuary, reporting directly to the Head of Portfolio Management. This role offers a unique opportunity to contribute to shaping our portfolio management strategy and ensuring its successful execution. The role involves planning, monitoring, and engaging with cross‑functional stakeholders to embed and advance this critical initiative.

Responsibilities

• Contribute to implementing the portfolio and cycle management framework.
• Support the development of a clear process and framework for portfolio management decision‑making and performance management.
• Engage in change management activities across product, market units, and other functions to embed processes and decisions into daily operations.
• Support the Smart Circle process quarterly to ensure appropriate actions across CorSo portfolios.
• Conduct maturity assessments of portfolios regarding process, people, and capabilities, working with the Head of Portfolio Management and APM leadership to drive change.
• Provide insights and expertise to support the execution of the portfolio management strategy.

About the Team

The Portfolio Management team is part of Actuarial Portfolio Management (APM) Global, reporting to the Chief Underwriting Officer – CorSo. The team supports Smart Circle and Portfolio Management initiatives by providing portfolio insights and proactively steering management actions to deliver sustainable profit.

Qualifications & Experience

We seek an ambitious, trustworthy, and enthusiastic team player eager to advance their career as an actuary. You should have strong communication skills, demonstrating empathy and adapting your style to your audience. Building networks through solid interpersonal relationships and advocating for change are essential. You should consider yourself a "self‑starter," capable and willing to take initiative and implement goal‑oriented measures, with qualities including:

• Nearly qualified or qualified actuary with P&C experience; portfolio and cycle management experience is highly desirable.
• Strong analytical skills, with a good understanding of reporting systems, actuarial models, and data management.
• Strong industry knowledge, business insight, and technical skills.
• Extensive experience with data and analytical management techniques.
• Strong actuarial technical capability, with the ability to create solutions and coach others.

Swiss Re and Diversity

Swiss Re is a leading provider of reinsurance, insurance, and risk transfer solutions, managing risks from natural catastrophes and climate change to cybercrime. Swiss Re Corporate Solutions offers innovative insurance solutions to large and midsized multinational corporations from around 50 locations worldwide, helping clients mitigate risk exposure. Our industry‑leading claims service provides additional peace of mind.

Our success depends on fostering an inclusive culture that encourages diverse perspectives and innovative thinking. We promote an environment where everyone has equal opportunities to thrive and develop professionally, regardless of age, gender, race, ethnicity, gender identity/expression, sexual orientation, physical or mental ability, or other characteristics. We support a workplace where individuals can bring their authentic selves and share a passion for sustainability.

Compensation

The base salary for this London‑based role ranges between £68,000 and £102,000, depending on requirements, scope, complexity, responsibilities, and the candidate's profile, including education, expertise, and experience. Swiss Re also offers an attractive performance‑based variable compensation component, along with various global and location‑specific benefits. Eligibility may vary based on policies and employment terms.