Actuarial Analyst

About the Team

Part of the pricing & underwriting services team with around 80+ members between Actuarial and Underwriting teams located in Bangalore. This role will be supporting the Japan and Korea market (J&K) for reinsurance pricing – actuarial and experience studies.

Objective of Role

To support the J&K Pricing & ES team by providing technical expertise in respect of product pricing, experience studies, and other initiatives.

Key Accountabilities

• Support the pricing actuaries in pricing treaties for the J&K market; responsibilities will focus on Open Treaty Reviews.
• Support ES requirements for the region if any.
• Provide support in inputs through analysis and maintenance of pricing Terms of Trade.
• Support the J&K pricing actuaries in any local/regional projects as required.
• Work effectively with a cross-functional team of experts from client markets, underwriting, and claims towards assessing the risk associated with a treaty or opportunity.
• Ensure adherence to pricing guidelines and standard methodologies.

Key Skills & Knowledge

• Excellent technical knowledge in all areas of pricing, experience studies, and product development.
• Fundamental knowledge of the products and services offered by insurers/reinsurers.
• Ability to apply actuarial judgement in a commercial environment.
• Good understanding of actuarial standard methodologies.
• Knowledge of actuarial L&H modelling and data analytical software: SAS and R.
• Organization, prioritization, and planning skills.

Candidate Requirements

• Strong actuarial experience in the insurance/reinsurance sector, ideally 2+ years of experience preferably in pricing or ES.
• Experience in actuarial product design, pricing & ES, including the use of any actuarial pricing tools will be an advantage.
• Good actuarial exam progress for actuarial institutes.
• Excellent interpersonal, communication, and influencing skills.
• Make a difference in your career with one of the biggest reinsurance companies in the world.
• Join the growing Analytics Centre of Excellence, working in tandem with the actuarial talent pool and other business functions located in Bangalore.

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.

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.