Pricing Actuary

Swiss Reinsurance Company; Singapore; On-site; SGD 90,000 - 130,000; Full time

Job summary

Swiss Re is seeking a Pricing Actuary to help shape reinsurance solutions for Southeast Asia. You will support new business pricing, product development, and portfolio optimization, working with cross-functional teams to assess risks and apply actuarial insights to pricing strategies. Travel to SEA is expected, and IFRS17 experience is desirable.

The role combines technical analytics with market insight to influence pricing practices and drive business growth within a dynamic regional market.

Qualifications

• Qualified or close-to-qualified actuary with a bachelor’s degree in actuarial science, mathematics, statistics, economics or equivalent.
• 3–7 years of experience in life insurance or reinsurance pricing, ideally with Southeast Asia exposure.
• Knowledge of the Southeast Asia market is highly preferred.
• Working knowledge of IFRS17 reporting is highly desirable.
• Strong technical and analytical skills with pricing tools and programming (Excel, R, Python).
• Effective communicator who can explain technical concepts to non-actuarial stakeholders.
• Willingness to travel within Southeast Asia (~10%).

Responsibilities

• New business quotes and product development, including pricing and modelling for SEA opportunities.
• Portfolio management and in-force optimization; monitor performance and mitigate risks.
• Review pricing guidelines and ensure correct applications; challenge status quo and simplify processes.
• Collaborate with cross-functional teams (Client Markets, Underwriting, Claims) to assess risks.
• Identify opportunities through data analytics and contribute to product development and innovation.

Skills

Analytical skills

Pricing tools

Programming (Excel, R, Python)

Communication skills

IFRS17 knowledge

Education

Actuarial degree or equivalent

Tools

Excel

R

Python

Job description

Corporate Title: Assistant Vice President

Division: BHA-Market Units L&H Reinsurance (51004074)

Department: BHAB-APAC ex China (51004064)

The role is at the forefront of shaping reinsurance solutions in dynamic and diverse. It offers the opportunity to apply analytical thinking to real-world challenges, collaborate across teams, and contribute to innovative product strategies that drive business growth and client impact. It’s a chance to combine technical expertise with market insight in a role that’s both intellectually rewarding and commercially influential.

About the Role

As a Pricing Actuary, you’ll play a central role in shaping reinsurance solutions by supporting new business pricing, product development, and portfolio optimization across Southeast Asia. You’ll assess client needs, collaborate with cross-functional teams to evaluate risks, and apply actuarial insights to enhance pricing strategies. The role also involves monitoring treaty performance, identifying improvement opportunities through data analytics, and ensuring pricing practices remain aligned with market and regulatory trends.

• New Business Quotes and Product Development
• Support the pricing and modelling of new businesses, including quote reviews in Southeast Asia.
• Identify and understand clients' needs and concerns.
• Collaborate with cross-functional experts from Client Markets, Underwriting, and Claims to assess risks associated with specific opportunities.
• Support product development and innovation by contributing technical insights, research, and project coordination.
• Collaborate with the Pricing Insight team to enhance pricing using both insurance and non-insurance data analytics.
• Portfolio Management and In-force Optimization
• Collaborate with cross-functional teams to identify key risks and mitigate them.
• Review and monitor the underwriting performance of existing treaties and take appropriate actions to manage the portfolio.
• Leverage data analytics to identify actionable risk insights and performance improvement opportunities across blocks of business.
• Costing Methodology / Guidelines
• Review pricing guidelines and ensure correct applications.
• Challenge the status quo and seek to simplify and improve existing practices.
• Stay up to date with the market, regulatory requirements, and competitive trends.

About You

• Qualified or close-to-qualified actuary (under a recognized actuarial body - SOA/CAS/IOA/FOA/FIA) with a bachelor's degree in actuarial science, Mathematics, Statistics, Economics or equivalent.
• 3–7 years of experience in life insurance or reinsurance pricing, ideally with exposure to Southeast Asia markets.
• Knowledge of the Southeast Asia market is highly preferred.
• Working knowledge of IFRS17 reporting is highly desirable.
• Strong technical and analytical skills, with experience in pricing tools and programming (e.g., Excel, R, Python).
• An effective communicator with the ability to explain technical concepts to non-actuarial stakeholders.
• Experience in medical reimbursement pricing is a plus.
• Willingness to travel within Southeast Asia (~10%).

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process. Please contact us to request accommodation.

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.

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