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Pricing Actuary P&C Professional

Swiss Re · Bengaluru, Karnataka, India

~₹30L (est.)5–12 yrs experiencefull_timePosted 6 days ago
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Job description

**About the Role** (section header) As a P&C Pricing Actuary, youll be at the intersection of mathematical modelling and business decision-making, providing actuarial expertise that supports underwriting decisions for complex facultative risks. Your analytical skills will help shape our pricing models, methodologies, and portfolio insights, contributing directly to sound underwriting decisions. **Key Responsibilities** - Develop, calibrate, and maintain pricing models and actuarial parameters, including trend assumptions, frequency and severity models, and rating factors. - Prepare technical actuarial documentation and user guides and support the implementation of model and parameter updates into production underwriting systems through rigorous testing and impact assessments. - Analyze Actual vs. Expected performance to identify opportunities for model improvements. - Take ownership of the actuarial pricing for complex facultative reinsurance deals, determining technical pricing and supporting underwriters with(structuring) expertise. - Contribute to continuous improvements of pricing methodologies and actuarial processes. - Support the development of colleagues by coaching interns, graduates and colleagues on job rotations. **About the Team** (section header) The Global Specialty & Single Risk Costing team is part of Swiss Res P&C Re Costing organisation. We develop and maintain pricing models that support facultative underwriters globally across Property and Casualty business. Our responsibilities include pricing model development, Actual vs. Expected analyses and actuarial advice for complex deals. Our team is based across Europe and Asia, bringing together actuarial expertise, technical excellence, and close collaboration with underwriting. English is our working language, and we value diverse perspectives, continuous learning, and knowledge sharing. **About You** (section header) Youre a curious and analytical professional who enjoys solving complex problems and collaborating across disciplines. You can communicate technical concepts clearly to both actuarial and non-actuarial audiences and are motivated to continuously develop your actuarial and technical expertise. **Were looking for someone with:** - Bachelors or Masters degree in Mathematics, Statistics, Actuarial Science, Physics, Engineering or another quantitative discipline - More than 5 years of experience in insurance or reinsurance in a quantitative role - Strong verbal and written communication skills in English - Experience with programming languages such as Python, R, or SQL, and data visualization tools such as Power BI - A strong interest in pursuing (or continuing) an actuarial qualification. - The ability to translate underwriting, risk engineering, economic, and policy wording considerations into actuarial models and pricing assumptions. - Skill in explaining actuarial techniques in simple terms and training others on costing methods and tools **Nice to have:** - Experience working in an agile scrum setup - Experience mentoring colleagues or leading small initiatives. - Independence, pro-activity, initiative, outspoken, transparent communication Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.