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About the Role
This role focuses on data analytics and pricing methodology, strengthening NB Origination rigor by promoting consistent execution of pricing processes, governance requirements, and review frameworks. It involves building and maintaining a strong governance framework for costing tools and best practices, supporting continuous improvement of pricing methodologies, and partnering with regional costing teams to identify improvement opportunities.
Responsibilities
- Strengthen NB Origination rigour by promoting consistent execution of pricing processes, governance requirements, and review frameworks.
- Build and maintain a strong governance framework for costing tools and best practices to achieve excellence, balancing local, regional and global requirements.
- Support continuous improvement of pricing methodologies, operating models and associated controls to improve effectiveness, transparency, and scalability.
- Partner with regional costing teams to identify improvement opportunities and support adoption of globally consistent practices whilst balancing local business needs.
- Contribute to initiatives that improve operational resilience, process adherence, documentation quality, and audit readiness across pricing activities.
- Collaborate with underwriting, valuation, risk, and business management teams to strengthen business steering.
- Efficient use of programming skills (R or similar) and technical knowledge to develop solutions relating to costing tools and its processes.
- Support in maintenance of pricing data requirements and engage with wider teams for improving data landscape and its quality.
- Collaborate and drive effective information sharing for L&H community.
Requirements
- Qualified or nearly qualified actuary with experience in the Life & Health insurance or reinsurance industry.
- Strong understanding of L&H pricing, underwriting, risk management or other actuarial frameworks.
- Experience contributing to the development and implementation of actuarial methodologies, governance frameworks, process improvements or best practices.
- Strong analytical and problem-solving skills with excellent attention to detail.
- Proficiency in working with MS Office, Advanced Coding Skills (R Prog, VBA) with keen interest to develop further.
- Agile and flexible working style, with a proven ability to work independently, navigate ambiguity, and balance the need for adequate risk controls with commercial considerations.
- Excellent interpersonal, communication and influencing skills.
Skills
- R
- VBA
- MS Office
Location
- London
Work Type
- Hybrid
Experience Level
- Actuary
- Experienced professional
Education Level
- Qualified or nearly qualified actuary
Salary/Compensations
- £62,000 - £94,000
Benefits
- Attractive performance-based variable compensation component
- Variety of global and location specific benefits
About the Company
- 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.
Equal Opportunity
- 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.