Lead Actuary (Engineering and Aviation)

About the role

We are seeking a highly skilled and experienced individual to join our Actuarial Portfolio Management (APM) unit as the Lead Actuary Engineering and Aviation and you will be reporting to APM Head of Property & Specialty (P&S). You will be part of APM P&S leadership group with other senior actuaries in P&S.

The successful candidate will lead the team of actuaries situated in our central European locations and Bangalore. You and your team is primarily responsible for maintaining actuarial pricing models and development of portfolio management strategies for Engineering and Aviation underwriting portfolios which are key portfolios for Swiss Re Corporate Solutions.

Key Responsibilities:

• Team management and APM P&S leadership:  Manage a diverse team of actuaries and portfolio experts, providing mentorship, guidance, and performance feedback. As a member of the APM P&S leadership team you shall actively contribute to the leadership, stakeholder management and future strategy of P&S portfolios.

• Pricing model development: Lead development and calibration of pricing models and parameters corresponding to Engineering and Aviation products to accurately reflect the latest experience, portfolio mix, Terms & Conditions, and trends. Work with our technology teams to implement these models and parameters in UW tools to aid underwriting decision making.

• Strategy development: Collaborate with underwriting leadership and products teams of Engineering and Aviation portfolios to support strategy development and support execution of UW strategies. Partner with the portfolio leaders to monitor and evaluate existing and new opportunities efficiently to support both growth and remediation activities. Collaborate with Head APM P&S to ensure that execution of actuarial priorities is in line with other P&S portfolios.

• Portfolio management discipline: Drive portfolio management discipline across Engineering and Aviation portfolios, ensuring that portfolios have a long-term strategy, detailed business plan, monitoring framework and capability that responds to the execution of actions, pricing data, market trends and competitor behaviour. Collaborate with Head APM P&S to ensure that application of these principles is in line with other P&S portfolios.

• Analytics driven decision making:  Develop own view on portfolio profitability reflecting the latest market dynamics, premium rate and loss experience. You will develop initiatives to understand the drivers of profitability using actuarial segmentation analysis and work with the underwriting leaders to turn quantitative intelligence into business strategies to take advantage of opportunities, mitigate risks and address underperforming areas of business.

About You

You are likely to be an Actuary with deep Commercial Insurance experience ideally in Engineering and/or Aviation lines of business, bringing with you a combination of industry knowledge, business insight and actuarial technical skills. People leadership is a significant part of the role therefore prior exposure or inclination towards it is crucial considering you will be leading an international team of actuaries.

Thought leadership, you are someone who can lead initiatives to take our vision to reality, being an advocate for driving change. You are comfortable with data and analytical management techniques and have a strong actuarial technical capability; and can both create solutions yourself, and lead, coach others to do so.

Business fluency in English is required since the actuarial team and underwriting teams are spread across the globe using English as the primary language of communication. Proficiency in other languages is always welcome but not a must.

You communicate clearly and simply - even when dealing with complicated problems and ideas - and you do so both orally and in writing. When interacting with colleagues of every level of seniority and experience, you are empathetic and sensitive, and you adjust your communication style to meet the needs of others. You build broad networks of colleagues with strong inter-personal relationships.

You have an open-minded, intellectually curious approach to everything you do; and you are likely someone who is continually learning from a variety of sources. #LI-Hybrid

About Swiss Re Corporate Solutions

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime. Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind. Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces 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.