Associate Pricing Actuary

Department Icon Insurance- General Insurance
93+ Applicants
Posted: 1 week ago
2-4 years
Bengaluru / Bangalore, Karnataka
work from office

Posted: 1 week ago
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Applicants: 93+
Job Description
About Company
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Job Description

Are you ready to shape the future of risk assessment in the commercial insurance space Join our dynamic team where your analytical expertise will directly impact global business decisions and portfolio performance!

About the Role

This role offers the opportunity to develop product expertise and analytical skills crucial to enhancing the profitability of a global underwriting portfolio.

As a key team member, you will use actuarial methods and data-driven techniques to analyze portfolios, set costing parameters, and influence business decisions with a focus on our in-house proprietary property costing model. You will have a direct impact in steering your portfolio and ultimately the overall Business Units performance.

Key Responsibilities

  • Independently conduct case pricing using actuarial methodologies and effectively communicate findings with Underwriters and key stakeholders
  • Evaluate portfolio profitability through sophisticated techniques including Experience Rating and Exposure Rating
  • Deliver technical insights that support financial performance management across various sub-portfolios
  • Perform advanced statistical analysis and data slicing on portfolios to uncover trends and opportunities
  • Present valuable findings to cross-functional teams including Portfolio Managers, Finance, Actuarial, and underwriting departments
  • Update and refine pricing model parameters during actuarial rate reviews, with particular focus on our proprietary Fire costing model
  • Enhance existing models and develop innovative approaches for emerging risks and perils
  • Manage data pipelines and transformations for analytics, model reviews, and continuous improvements
  • Contribute to yearly planning exercises by providing actuarial insights that support business strategy

About the Team

We are a global team of Actuaries spread across Bangalore, Munich, Zurich, Manchester, London, New York, Windsor and Kansas City. Our team comprises qualified and student Actuaries who work on the largest portfolio for Swiss Re CorSo. As part of the Underwriting Unit reporting directly to the Chief Underwriting Officer (CUO), we play a critical role in business decision-making. We foster an inclusive culture that celebrates diverse perspectives and innovative thinking, ensuring everyone has equal opportunities for professional growth and development.

About You

Youre an analytical problem-solver who thrives in a collaborative environment and enjoys translating complex data into actionable business insights. Your communication skills allow you to effectively partner with stakeholders across multiple functions and geographies.

We are looking for candidates who meet these requirements:

  • Bachelors/Masters degree in Mathematics, Statistics, Economics or equivalent quantitative field from a recognized university
  • Minimum 2 years of actuarial experience, preferably in property or casualty line of business pricing
  • Progress toward recognized actuarial qualifications
  • Strong proficiency in analytical tools such as R, Python, or SQL
  • Highly developed numerical and analytical skills
  • Excellent communication skills and a solution-oriented, self-starter mindset.
  • Looking to get Placed? Try our Placement Guarantee Plan

  • Experience working in global, cross-cultural teams
  • Project management skills

Why Join Us

  • Work in a multicultural, high-performing environment with global exposure
  • Influence high-impact portfolio decisions that shape business strategy
  • Collaborate with world-class experts across various business functions
  • Excellent opportunities for professional development and model innovation

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

Keywords:
Reference Code:136701

Skills

PythonAnalyticsSql

If an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.

About Company

Swiss Re is a world-leading reinsurance company that provides clients with financial protection against a wide range of risks. The company operates through offices in more than 25 countries, offering services including reinsurance, insurance, and other forms of insurance-based risk transfer. Swiss Re's deep market knowledge and high levels of expertise enable them to support insurers and clients managing high-risk scenarios effectively. Swiss Re careers are synonymous with growth and opportunity in a dynamic and challenging industry. Employees are encouraged to innovate and work on solutions that help make the world more resilient, aligning with the company’s vision of making the world more resilient.

Read More

Important dates & deadlines?

Application Deadline

28 Mar 26, 03:40 PM IST

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Associate Pricing Actuary

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