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 Australia and New Zealand market (ANZ) for reinsurance pricing - actuarial and experience studies.

Objective of Role

To support the ANZ 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 of tenders for new funds in Group ANZ Market.
• Support the pricing reviews of existing clients.
• Support ES requirements for the region.
• Provide support in periodical updates of Terms of Trade for Group Life and IP business.
• Support the ANZ pricing actuaries in any local/regional projects or ad-hoc tasks as required.
• Work effectively with a cross-functional team of experts from valuation, client markets, underwriting, and claims towards assessing the risk associated with any tender or ES, if required.
• Work towards Pricing and ES model developments.

Key Skills & Knowledge

• Excellent technical knowledge in all areas of pricing, experience studies, and product development.
• 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.
• Knowledge of L&H actuarial modelling and data analytical software.

Candidate Requirements

• Strong actuarial experience in insurance/reinsurance sector, ideally 2+ years of experience preferably in pricing or ES.
• Experience in actuarial product design, pricing & ES, including 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 with 12,000+ diverse set of employees in over 60 offices globally.

Our location at the heart of Bangalore has been witnessing balanced growth characterized by the sophisticated and differentiated value delivered to the business. This is your opportunity to join the growing Analytics Centre of Excellence, working in tandem with the actuarial talent pool and other business functions located in our set-up 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. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.

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 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.