Actuarial Analyst - Pricing and Experience Studies

Swiss Re; Bengaluru; On-site; INR 700,000 - 1,100,000; Full time

Job summary

Swiss Re in Bengaluru invites an Actuarial Analyst to support the ANZ Pricing & ES team with pricing, experience studies, and related initiatives. You will work with pricing actuaries on ANZ market treaties and provide advisory input on quotes and Terms of Trade.

The role requires solid pricing knowledge, actuarial exam progress, and strong communication to collaborate across underwriting, claims, and client markets. This is a senior-level role within a global reinsurance setting.

Qualifications

• 2+ years in insurance/reinsurance pricing or ES
• Experience in actuarial product design and pricing
• Good progress in actuarial exams
• Strong communication and influencing skills

Responsibilities

• Support pricing actuaries in pricing treaties for ANZ market
• Assist with open treaty reviews and ES requirements
• Provide input for pricing Terms of Trade and quotes
• Collaborate with client markets, underwriting, and claims

Skills

Pricing expertise

Experience studies

Actuarial judgement

SAS & R

Communication skills

Project management

Education

Actuarial exams progress

Tools

SAS

R

Job description

Actuarial Analyst

About the role

To support the ANZ Pricing & ES team, by providing technical expertise in respect of product pricing, experience studies and other initiatives.

Key Accountabilities

• Support the pricing actuaries in pricing treaties for ANZ market
• Responsibilities will focus on Open Treaty Reviews
• Support ES requirements for the region if any
• Provide Quote support/advisory recommendation for various Lines of Business and maintenance of pricing Terms of Trade.
• Provide support in inputs through analysis and maintenance of pricing Terms of Trade.
• Support the ANZ pricing actuaries in any local/regional projects as required
• Work effectively with a cross-functional team of experts from client markets, underwriting, and claims towards assessing the risk associated with a treaty or opportunity
• Provide technical, research and project management input for product development initiatives and pricing policy
• Always ensuring the adherence to pricing guidelines and standard methodologies, and their consistent application
• Mentoring the junior associates of the team

Key Skills & Knowledge

• Excellent technical knowledge in all areas of pricing, experience studies and product development
• and fundamental knowledge of the products and services offered by insurers/reinsurers
• Ability to apply actuarial judgement in a commercial environment
• Good understanding of actuarial standard methodologies
• Knowledge of actuarial L&H modelling and data analytical software's: SAS and R
• Organization, prioritization and planning skills
• Knowledge of L&H actuarial modelling and data analytical software's

About the Team

Part of pricing & underwriting services team with around 80+ members between Actuarial and Underwriting teams located in Bangalore. This role will be supporting Australia and New Zealand market (ANZ) for reinsurance pricing - actuarial and experience studies

About you

• Strong actuarial experience in insurance/reinsurance sector, ideally 2+ years of experience preferably pricing or ES
• Experience in actuarial product design, pricing & ES, including use of any actuarial pricing tools will be an advantage
• Good actuarial exam progress for actuarial institutes
• Excellent interpersonal, communication and influencing skills

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. We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying

Keywords: Reference Code: 139310 Experience Level Senior Level