#206 Swiss Re – Pricing Actuary
Swiss Re
Full-Time
Bangalore
Posted 3 months ago
Key Responsibilities :
- Have a clear independent view on current pricing or loss adequacy driven by data analysis
- Collaborate with customers and team members to develop a pricing view in and represent and develop compelling recommendations
- Translate details into impactful Executive reports with effective communication
- Translate profitability findings into corrective actions on costing models and parameters.
- Build and maintain costing parameters and tools in accordance to Swiss Re Group standards and business needs.
- Use of actuarial and statistical models to find trends and insights that can be used for risk selection or differentiation, and costing improvements
Responsibilities :
- A minimum of 4 years of experience in P&C commercial insurance. Good knowledge of Property and Casualty products in APAC markets.
- Experience in commercial insurance pricing, portfolio profitability analysis and costing model and tool development. Know-how of reinsurance treaty pricing would be an additional advantage.
- Familiarity with reserving techniques and can confidently operate between the two (reserving and costing) views, sufficiently identifying parallels and divergences in developing an independent costing assessment.
- Exposure to market/LOB portfolio ownership, acting as a go-to person for quantitative questions and solutions, but also comfortable to be both an advocate and a provider of dissenting opinions.
- A good understanding of actuarial methods, models, and related business processes.
- Statistical programming skills (e.g. R, Phyton) and know-how of data science techniques is an advantage.