Pricing Actuary

About the Role

Job Summary

• Conduct pricing of reinsurance business to be written by the Korea office in accordance with the internal guidelines.
• Develop new business pipelines, including generation of financial solutions, through close cooperation with valuation, accounting, risk management and other units.
• Provide sound advice to support the sustainable growth of the business.

Detailed Job Functions

• Analyze economical value as well as product features to execute each quotation.
• Maintain best estimate assumptions for all major lines of business and apply regular experience study outcomes to update the basis of these terms.
• Develop new business opportunities through delivery of new financial solutions.
• Maintain strong relationship with clients including liaison on financial topics and delivery of presentations to share accounting knowledge.

About the Team

As part of L&H Korea Team, the successful candidate will be both an individual and team contributor. The L&H pricing team of Korea currently consists of 4 professionals. The team works closely with client managers, underwriting and claims team to support the business development.

The team engages in a vibrant cross-functional team environment within the broader Swiss Re, offering abundant opportunities to expand your expertise and role.

About You

Interpersonal and Business skills

• Qualified actuary or close to qualified actuary.
• 5-7 years’ experience in actuarial modelling, pricing or valuation in Korea.
• Good knowledge about products and accounting analysis in the market.
• Experience of using and applying actuarial pricing tools and data analysis tools.
• Fundamental understanding about the insurance industry and the regulatory regime.

Soft Skills

• Good interpersonal and influencing skills.
• Good command of English language.
• Well organized and able to manage projects effectively.
• Good team player.
• Independent.

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.

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.