Senior Assistant Pricing Actuary

S.MONK; Bengaluru; Hybrid; INR 1,200,000 - 2,400,000; Full time

Job summary

Swiss Re in Bangalore is hiring a Senior Assistant Pricing Actuary to join the Actuarial Reserving P&C Re team for the Americas. You will apply actuarial modelling and data analytics across commutation pricing, reserving and statutory reporting.

You will collaborate with global teams, learn Swiss Re tools, and contribute to IFRS17 reporting and cross-functional projects, developing a global perspective while delivering rigorous actuarial analysis.

Qualifications

• Strong academic background in Mathematics, Physics, Engineering, Statistics, Economics, or Actuarial Science with Core Principles exams, or equivalent.
• Minimum 4 years of work experience in the P&C actuarial domain, including reserving or pricing.
• Strong IT skills with Excel and Microsoft Office; experience with R, Python and PowerBI; familiarity with AI-applications is a plus.

Responsibilities

• Perform actuarial analysis for commutation pricing and determine prices.
• End-to-end reserving for designated lines of business and derive insights.
• Work on statutory reporting and other actuarial reports.
• Participate in cross-functional actuarial projects and groups.
• Generate insights from large datasets, perform analytics and reporting.

Skills

Communication skills

Team player

Continuous improvement

Education

Mathematics/Physics/Engineering/Statistics/Economics/Actuarial Science education, Core Principles or exams passed

Tools

Excel

Microsoft Office

R

Python

PowerBI

Job description

# Senior Assistant Pricing ActuarySwiss ReBangalore, KA, IN Full-time**Experience**4+ yrs**Level**Part-qualified (papers in progress) Job description ### About the RoleAs a Senior Assistant Pricing Actuary, you will be part of the Actuarial Reserving P&C Re team for Americas in Bangalore. You will have the opportunity to apply your technical actuarial, modelling, and data analytics skills across a wide variety of activities. You will be involved with topics spanning commutation pricing, reserving, statutory reporting, and data analytics — helping you develop into a well-rounded actuary with a truly global perspective.### Key Responsibilities* Perform actuarial analysis of business to be commuted and determine the price for the scope in question, with interaction across senior actuaries, Claims, Underwriting, Reserving, and In-force Management teams globally* Work on end-to-end reserving for designated lines of business and gain insights into the underlying business and markets* Learn and work independently on Swiss Re tools for commutation and reserving work, supporting development where required, either independently or as part of a project team in close collaboration with colleagues* Work on statutory reporting and other actuarial reports* Participate in cross-functional actuarial projects and contribute to working groups* Generate valuable insights from large datasets, perform analytics, data visualization and reporting### About the TeamThe Actuarial Reserving P&C Re team for the Americas is part of the Global Actuarial Reserving P&C Re Unit, which is responsible for reserving, commutation pricing, statutory reporting, and IFRS17 reporting and implementation. Based in Bangalore, the team works closely with colleagues across the globe, playing an important role in Swiss Re's Americas business with rigorous actuarial analysis.### About YouYou are a technically strong actuarial professional who enjoys working in a collaborative, multicultural environment. You are a team player with strong communication skills, the ability to interact and build relationships with stakeholders across the globe, and the agility to adapt in a changing environment. You are committed to continuous improvement and are not afraid to challenge the status quo.### Requirements* Strong academic background in Mathematics, Physics, Engineering, Statistics, Economics, or Actuarial Science, with Core Principles series or equivalent actuarial exams passed and a commitment to full qualification* Minimum 4 years of work experience in the P&C actuarial domain, including reserving, pricing, risk management, or capital modelling. Strong knowledge of P&C reserving and actuarial valuation techniques is an advantage.* Strong IT skills with Excel and the Microsoft Suite as a mandatory requirement. Experience with R, Python, and/or PowerBI, and adaptation to usage/applications of AI is an advantage* Strong communication skills with the ability to convey complex actuarial concepts clearly to a range of audiencesOur company has a hybrid work model where the expectation is that you will be in the office at least three days per week. Apply on Company WebsiteYou will complete your application on Swiss Re’s website. You’ll be asked to sign in to S.MONK first, so we can track your placement journey.