Senior Actuary: Mortality & Lapse Analytics Leader

Swiss Re; Chicago (IL); Hybrid; USD 146,000 - 244,000; Full time

Job summary

Swiss Re seeks a Senior Research & Development Actuary to lead mortality and lapse assumption development across US markets, translating experience data into actionable insights for pricing, product development and portfolio management. This role blends traditional actuarial science with advanced analytics, requiring collaboration with Risk Management, In-force Optimization and Portfolio Steering teams.

Fellowship with the Society of Actuaries (7+ years) and a math or actuarial degree are

Qualifications

• Fellowship with the Society of Actuaries with 7+ years of relevant experience.
• Bachelor's degree in mathematics, statistics, actuarial science, or related field.
• Experience in mortality and lapse assumption development for life insurance products.
• Ability to translate complex analytical findings into clear business recommendations.
• Strong communication skills for presentations to stakeholders.

Responsibilities

• Lead experience analysis initiatives to monitor population and insured life trends across direct insurance and reinsurance portfolios
• Develop key assumptions for mortality and lapse rates used in new business costing, in-force management opportunities, and business valuation
• Analyze complex data sets to identify underlying drivers of mortality and lapse, including policyholder behavior, product characteristics, and underwriting methods
• Create innovative tools and analytics to enhance monitoring methods and improve assumption accuracy
• Stay current with industry research and publications to continuously refine our methodologies
• Collaborate cross-functionally with US market units, Risk Management, In-force Optimization, and Portfolio Steering & Monitoring teams
• Present findings internally to educate colleagues and externally to clients, potentially at industry events and special client meetings
• Document thoroughly all assumption development processes in compliance with corporate governance standards
• Ensure alignment between developed assumptions and their implementation in models to prevent unexpected errors

Skills

Data storytelling

Strong communication

Cross-functional collaboration

Influence without authority

Problem solving

Industry talks

Education

SOA Fellowship, 7+ yrs

Bachelor's in Math/Stats/Actuarial

Mortality & lapse modeling exp

Tools

Excel

Visual Basic

R

Python

SAS

AXIS

ICE

Stargate

Job description

Swiss Re seeks a Senior Research & Development Actuary to lead mortality and lapse assumption development across US markets, translating experience data into actionable insights for pricing, product development and portfolio management. This role blends traditional actuarial science with advanced analytics, requiring collaboration with Risk Management, In-force Optimization and Portfolio Steering teams.

Fellowship with the Society of Actuaries (7+ years) and a math or actuarial degree are