Senior Pricing & Products Actuary L&H (Hybrid 80%-100%)

Are you a passionate and experienced Pricing & Products actuary in L&H protection insurance? Are you motivated to provide innovative protection solutions to consumers? If so, we invite you to learn more about our Pricing & Products Actuary L&H role below!

We are open to the level of experience; it all depends on your qualifications which are evaluated during the recruitment process.

About the Role

In this role, you will be responsible for preparing and maintaining the pricing assumption basis for our German business. You will work together with the Distribution team to steer the business performance and manage distribution partners.

Collaborating with our close-knit German Partner Core Team, you will work closely with various experts including Underwriting, Claims, Finance, Operations, Valuation, and Risk Management.

Furthermore, you will support and review pricing work carried out by other pricing actuaries for different markets across EMEA. The role reports to Head Pricing & Products L&H Continental Europe.

Key responsibilities are:

• Delivering pricing, referral, and final sign-off of German protection products (Term Life, Whole of Life, and associated rider benefits) balancing commercial and customer value.
• Driving Business Cases and new partnerships in collaboration with the Distribution team.
• Contributing to product development, design, and expansion.
• Creating and updating costing tools/models.
• Specifying and testing products.
• Monitoring the current portfolio.
• Reviewing customer literature and distribution contracts.

About the Team

We are a diverse, talented group of people who deliver L&H primary insurance propositions (Product development and Pricing) in multiple countries. The Pricing & Products L&H Continental Europe team consists of 6 colleagues based across 4 locations in Europe.

About You

Essentials:

• You are a qualified or partially qualified actuary with experience in life protection product pricing and product development in (re)insurance in Europe.
• You have a passion for collaborating with international colleagues in a culturally diverse setting.
• You have a commercial and innovative mindset to drive growth. You are a self-motivated person and comfortable balancing multiple projects.
• You are able to work independently in a highly empowered team.
• You are fluent in English with excellent oral and written communication skills.

Nice to haves:

• You have a consumer-focused mindset, experience with external clients/distributors, and a strong passion for the needs of customers.
• You are adaptable and thrive in a dynamic, changing environment.
• Speaking additional European languages like German, Dutch, Italian, or French would be a plus.

For Germany, the base salary range for the Pricing & Product Actuary level is between EUR 69,000 and EUR 115,000 and for the Senior Pricing & Product Actuary level is between EUR 90,000 and EUR 150,000 (for a full-time role). The specific salary offered considers:

• the requirements, scope, complexity, and responsibilities of the role,
• the applicant’s own profile including education/qualifications, expertise, specialization, skills, and experience.

In addition to your base salary, Swiss Re offers an attractive performance-based variable compensation component designed to recognize your achievements. Further, you will enjoy a variety of global and location-specific benefits. Eligibility may vary depending on the terms of Swiss Re policies and your employment contract.

About iptiQ

At iptiQ, we partner with established brands around the world to create impactful digital insurance solutions. We make it easier for consumers to buy the insurance they need from the brands they trust.

We provide life and non-life insurance through our end-to-end digital platform and build multi-channel customer experiences.

What we offer our employees is outstanding. Hybrid working in offices across the world, phenomenal learning & career opportunities, and a culture that encourages new perspectives to challenge conventions and come up with innovative solutions.

We believe in the power of inclusion. Drawing on our employees' broad range of perspectives, life experiences, and backgrounds stimulates creativity and gives us a competitive edge.

iptiQ embraces a workplace where everyone has equal opportunities to thrive regardless of their age, gender, gender identity and/or expression, sexual orientation, race, ethnicity, religion, physical or mental ability, or other characteristic and can be their authentic self.

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.

iptiQ is part of Swiss Re, one of the world’s leading providers of re/insurance and risk transfer solutions. This means we’re backed by Swiss Re’s capital strength and more than 150 years of risk knowledge.

During the recruitment process, reasonable accommodations for special needs are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.