Actuarial Analyst

Swiss Re; Bengaluru; Hybrid; INR 8,596,000 - 12,416,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Swiss Re's Actuarial Services Unit (ASU) is seeking an Actuarial Analyst to support pricing analytics and regulatory rate compliance for North American product offerings. You will blend rigorous data analysis with regulatory expertise to turn complex data into actionable pricing insights that drive profitable growth.

The role covers state filings, process automation, rate reviews, audits, and benchmarking against market competitors.

Qualifications

• Actuarial examination progress with a minimum of 3 actuarial papers passed from a recognized body such as IOA, IAI, CAS, SOA, or IOAA.
• University degree in a quantitative discipline with strong numerical/analytical foundation (M.Sc./Ph.D. preferred).
• Proficiency in Excel, SQL, VBA, MS Access, Business Objects, and R with actuarial/analytical context.

Responsibilities

• Prepare state-specific rate filings per regulatory requirements.
• Automate processes and workflows to reduce manual effort.
• Perform actuarial pricing tasks including rate reviews and rate impact analyses.
• Conduct compliance audits to ensure rates align with filed/approved rates.
• Investigate and resolve data issues and reconcile discrepancies.
• Support actuarial analytics projects and benchmarking against competitors.
• Ensure compliance with internal guidelines and best practices.

Skills

Actuarial exams progress (3 papers)

Excel

SQL

VBA

MS Access

R

Business Objects

Data analysis

Communication of complex results

Education

Mathematics / Statistics / Actuarial Science / Computer Science / Engineering (M.Sc. or Ph.D. preferred)

Tools

BO (Business Objects)

Job description

Are you a curious, analytically minded professional who thrives at the intersection of data, strategy, and insurance? Do you want your work to directly shape pricing decisions and drive profitable growth across North America? If so, this is your opportunity to make a real impact at Swiss Re!

About The Role

As an Actuarial Analyst within Swiss Re's Actuarial Services Unit (ASU), you will play a key role in supporting actuarial pricing analytics and regulatory rate compliance for Swiss Re Corporate Solutions' North American product offerings. This is a dynamic, multi-faceted role where you'll blend rigorous data analysis with regulatory expertise, process automation, and competitive market intelligence. If you're passionate about turning complex data into actionable insights and want to work in a role that connects actuarial science directly to business strategy, this is the place for you.

Key Responsibilities

• Prepare state-specific rate filings in accordance with state regulatory requirements, ensuring accuracy, completeness, and timely submission
• Automate processes and workflows to simplify tasks, reduce manual effort, and drive continuous operational improvements
• Perform actuarial pricing tasks including rate reviews and rate impact analyses as part of well-defined, structured processes
• Conduct compliance audits to validate that rates being charged by the business align with filed and approved rates
• Investigate and resolve data issues, applying technical knowledge and process skills to reconcile discrepancies and develop effective solutions
• Support actuarial analytics projects such as competitor analysis, evaluating company rating factors and benchmarking premium, loss, and expense data against key market competitors
• Ensure operations align with internal guidelines and best practices, maintaining high standards of quality and consistency
• Support the review and development of US regulatory laws related to filings, staying current with an evolving regulatory landscape
• Contribute to ad hoc actuarial and regulatory work, including development of new rating analyses, data analysis, report creation, and support of costing model parameters

About The Team

We are a high-performing team at the intersection of insurance analytics, pricing strategy, and regulatory excellence — the Actuarial Services Unit (ASU) at Swiss Re Corporate Solutions. Our work spans rate development, product filings, competitive intelligence, compliance oversight, and audit validation, enabling informed business decisions and profitable growth across the North American region. By combining deep technical expertise with sharp market insight, we help shape the future of insurance products across North America. Joining our team means becoming part of a collaborative, intellectually curious group that values innovation, precision, and continuous learning — working in a truly international and multicultural environment.

About You

You are a detail-oriented, analytically driven professional who brings both technical depth and a solutions-focused mindset to your work. You thrive in a fast-paced, international environment, are comfortable working with large and complex datasets, and have a natural ability to communicate findings clearly to diverse audiences. You are proactive, collaborative, and adaptable — someone who embraces change, works well in virtual team settings with partners across the globe, and consistently delivers accurate work to deadlines. You bring a constructive approach to process improvement and are genuinely curious about the evolving world of insurance analytics and regulation.

We Are Looking For Candidates Who Meet These Requirements

• Actuarial examination progress with a minimum of 3 actuarial papers passed from a recognized body such as IOA, IAI, CAS, SOA, or IOAA
• University degree in a quantitative discipline such as Mathematics, Statistics, Actuarial Science, Computer Science, or Engineering (M.Sc. or Ph.D. preferred), with a strong numerical and analytical foundation
• Technical proficiency in Excel, SQL, VBA, MS Access, Business Objects, and R, with demonstrated experience applying these tools in an actuarial or analytical context
• 2–3 years of working experience in insurance or reinsurance, preferably with exposure to Property & Casualty (P&C) products in the North American market
• Experience in actuarial or IT system functionality, including designing, specifying, implementing, and testing actuarial functionality according to business requirements

These Are Additional Nice To Haves

• Familiarity with US state regulatory filing requirements and North American insurance regulatory frameworks
• Experience with process automation and a track record of driving efficiency improvements
• Project management skills and experience coordinating across cross-functional or virtual teams
• Exposure to competitor analysis or market intelligence within an insurance context
• Strong written and verbal English communication skills, with the ability to present technical concepts clearly to non-technical stakeholders
• Ability to identify, encourage, and accommodate diverse perspectives in a multicultural team environment
• Experience working in an international or globally distributed team setting

Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week.

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. We cover both Property & Casualty and Life & 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 15,000 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.