Pricing Actuary; Hybrid

Are you a forward-thinking actuary with a passion for innovation and financial analysis? Join our dynamic team at Swiss Re Corporate Solutions in London where you'll help shape best-in-class pricing models for Financial Products while collaborating with industry experts across multiple business functions. This is your opportunity to apply your analytical expertise in a role that combines technical excellence with strategic business impact.

About the Role

As a Pricing Actuary within our Financial Products (Fin Pro) team, you'll be at the intersection of data analytics and business strategy, developing sophisticated pricing models that drive profitability and growth in complex insurance markets. You'll leverage your technical skills to transform data into actionable insights that guide critical business decisions.

Key Responsibilities

• Develop and enhance best-in-class Fin Pro rating models by leveraging technology, internal data assets, and exploring broader datasets.
• Create strategic proposals in collaboration with business owners to address profitability gaps.
• Conduct sophisticated analysis using actuarial and data science techniques to improve portfolio profitability.
• Partner closely with Reserving, Underwriting, Finance, and Claims teams to drive integrated business solutions.
• Support pricing for large Fin Pro accounts, bringing analytical rigor to complex deals.
• Deliver insightful quarterly reviews that provide portfolio steering and recommendations to Fin Pro underwriting leaders.
• Coordinate rate monitoring processes from costing models and ensure feedback loops inform profitability analysis.
• Research external market trends including industry developments, market conditions, and rate changes.

About the Team

We are the actuarial team providing support to multiple global Corporate Solutions Financial Products including Construction PI, General PI, Agents, Accountants & Consultants, Lawyers, Cyber and Transactional Liability. Our responsibilities encompass loss ratio projections, rating plan development, model calibration, and actuarial pricing support. We work collaboratively with our business partners and encourage technical innovation that complements traditional methods. Our team combines seasoned experts with motivated newer members who thrive in a dynamic, fast-paced learning environment.

This role reports to the Senior Pricing Actuary for Fin Pro PI within Corporate Solutions, with the overall Pricing team reporting to the Chief Underwriting Officer.

About You

You're a detail-oriented professional with strong analytical skills and the ability to translate complex data into actionable business insights. You thrive in collaborative environments while being capable of independent work, and you're passionate about continuous learning and professional development in the actuarial field.

We are looking for candidates who meet these requirements:

• 3-4 years of experience in P&C Commercial Pricing, preferably with general or financial liability products.
• Pursuing actuarial qualifications with demonstrated progress.
• Good understanding of actuarial methods, models, and related business processes.
• Experience in portfolio profitability analysis, costing models, and tool development.
• Strong communication skills with the ability to explain complex concepts to diverse stakeholders
• Programming skills in R, Python, SQL, and knowledge of data science techniques.
• Experience working between Reserving or Pricing functions.
• Familiarity with exposure and experience rating techniques.
• Ability to work on multiple assignments with dynamic priorities.
• Self-starter mentality with strong work ethic and execution capabilities.

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

For London, the annual base salary range for this position is between GBP 68 000 and GBP 102 000 (for a full-time role). The specific salary offered considers:

• the requirements, scope, complexity and responsibilities of the role,
• the applicant's own profile including education/qualifications, expertise, specialisation, skills and experience.

In addition to your base salary, Swiss Re offers an…