Senior Assistant Pricing Actuary

Are you an actuary looking to broaden your skills across commutation pricing, reserving, and data analytics in a global reinsurance environment? This is a great opportunity to join Swiss Re's Actuarial Reserving P&C Re Americas team in Bangalore and work on meaningful, technically challenging work that has real impact across the value chain

About the role:

As a Senior Assistant Pricing Actuary, you will be part of the Actuarial Reserving P&C Re team for Americas in Bangalore. You will have the opportunity to apply your technical actuarial, modelling, and data analytics skills across a wide variety of activities. You will be involved with topics spanning commutation pricing, reserving, statutory reporting, and data analytics — helping you develop into a well-rounded actuary with a truly global perspective

Key Responsibilites

- Perform actuarial analysis of business to be commuted and determine the price for the scope in question, with interaction across senior actuaries, Claims, Underwriting, Reserving, and In-force Management teams globally

- Work on end-to-end reserving for designated lines of business and gain insights into the underlying business and markets

- Learn and work independently on Swiss Re tools for commutation and reserving work, supporting development where required, either independently or as part of a project team in close collaboration with colleagues

- Work on statutory reporting and other actuarial reports

- Participate in cross-functional actuarial projects and contribute to working groups

- Generate valuable insights from large datasets, perform analytics, data visualization and reporting

About the team:

The Actuarial Reserving P&C Re team for the Americas is part of the Global Actuarial Reserving P&C Re Unit, which is responsible for reserving, commutation pricing, statutory reporting, and IFRS17 reporting and implementation. Based in Bangalore, the team works closely with colleagues across the globe, playing an important role in Swiss Re's Americas business with rigorous actuarial analysis.

About you:

You are a technically strong actuarial professional who enjoys working in a collaborative, multicultural environment. You are a team player with strong communication skills, the ability to interact and build relationships with stakeholders across the globe, and the agility to adapt in a changing environment. You are committed to continuous improvement and are not afraid to challenge the status quo.

We are looking for candidates who meet these requirements:

- Strong academic background in Mathematics, Physics, Engineering, Statistics, Economics, or Actuarial Science, with Core Principles series or equivalent actuarial exams passed and a commitment to full qualification

- Minimum 4 years of work experience in the P&C actuarial domain, including reserving, pricing, risk management, or capital modelling. Strong knowledge of P&C reserving and actuarial valuation techniques is an advantage.

- Strong IT skills with Excel and the Microsoft Suite as a mandatory requirement. Experience with R, Python, and/or PowerBI, and adaptation to usage/applications of AI is an advantage

- Strong communication skills with the ability to convey complex actuarial concepts clearly to a range of audiences

Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week.

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 15,000 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.

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.

We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.

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