Associate Pricing Actuary (Hybrid, 80-100%)

Are you a motivated actuary looking to make an immediate impact in a dynamic global environment? Join our Corporate Solutions team at Swiss Re where you'll help shape pricing strategies for complex financial products while working with industry experts who value innovation and technical excellence. This role offers exceptional growth opportunities and exposure to diverse international markets.

About the Role

As an Associate Pricing Actuary, you'll be at the intersection of data analysis, financial modeling, and business strategy. You'll collaborate with underwriting teams to price large FinPro accounts while contributing to portfolio steering insights that drive business decisions.

Key Responsibilities

• Develop pricing strategies for large Financial Products (FinPro) accounts with immediate business impact.
• Deliver quarterly profitability reviews providing portfolio steering insights to underwriting leadership.
• Enhance rating models by leveraging technology, internal data assets, and exploring broader datasets.
• Apply actuarial and data science techniques to improve profitability analysis.
• Coordinate rate monitoring processes and establish feedback loops for planning analysis.
• Research external market conditions including industry trends and rate changes.
• Support portfolio management by identifying drivers behind claims emergence and performance.
• Partner with underwriting teams to provide technical insights for business decisions

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. Key responsibilities for our team include loss ratio projections, rating plan development, model calibration and actuarial pricing support. We work closely with our business partners and encourage technical innovation that supports traditional methods. The team is a mix of senior expert members and highly motivated newer members who thrive in a dynamic and fast learning environment. This role will report to the Senior Pricing Actuary for FinPro PI within Corporate Solutions.

About You

You're an analytical thinker who thrives in collaborative environments and enjoys solving complex problems. You're comfortable working with limited data and curious about finding alternative data sources. You have excellent communication skills and can translate technical insights into business value while maintaining strong relationships with stakeholders across the organization.

We are looking for candidates who meet these requirements:

• Currently pursuing actuarial qualifications with demonstrated progress.
• Experience in P&C insurance or related financial services.
• Strong programming skills in at least one language (R, Python, SQL).
• Familiarity with actuarial reserving and/or pricing techniques and models.
• Proven ability to work independently, prioritize tasks, and meet deadlines.
• Knowledge of data science techniques and their application in insurance.
• Experience in portfolio profitability analysis and costing models.
• Tool development experience for actuarial applications.
• Understanding of Financial Products lines of business.
• Strong presentation skills and experience communicating with business leaders.

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 40 000 and GBP 60 000 (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 attractive performance-based variable compensation component, designed to recognise your achievements. Further you will enjoy a variety of global and location specific benefits.

Eligibility may vary depending on the terms of Swiss Re policies and your employment contract.