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Pricing Actuary

Pricing Actuary

ConfidentialBengaluru / Bangalore, India
30+ days ago
Job description

About the Role :

Are you aspiring to be a Pricing Actuary in the Commercial General Insurance space This role offers the opportunity to develop product expertise and analytical skills crucial to enhancing the profitability of a global underwriting portfolio.

As a key team member, you will use actuarial methods and data-driven techniques to analyze portfolios, set costing parameters, and influence business decisions with a focus on our in-house proprietary property costing model. You will have a direct impact in steering your portfolio and ultimately the overall Business Unit's performance.

Key Responsibilities :

  • Independently conduct case pricing using actuarial reviews and communicate findings with Underwriters and stakeholders.
  • Evaluate portfolio profitability using techniques like Experience Rating and Exposure Rating.
  • Deliver technical insights to support financial performance management across various sub-portfolios.
  • Perform statistical analysis and data slicing on portfolios and sub-portfolios.
  • Present insights to cross-functional teams including Portfolio Managers, Finance, Actuarial, and underwriting departments.
  • Update pricing model parameters during actuarial rate reviews, particularly for the in-house Fire costing model.
  • Enhance models and develop new ones for emerging risks and perils.
  • Manage data pipelines and transformation for analytics, model reviews, and improvements.
  • Contribute to yearly planning exercises by providing actuarial inputs and supporting business strategy.

About the Team :

We are a global team of Actuaries spread across the globe in Bangalore, Munich, Zurich, Manchester, London, New York, Windsor and Kansas City. Our team comprises of qualified and student Actuaries who work on the largest portfolio for Swiss Re CorSo. We are part of the Underwriting Unit and report to the Chief Underwriting Officer (CUO).

We foster an inclusive culture that values diverse perspectives and innovative thinking, ensuring equal opportunities for professional growth.

About You :

To thrive in this role, you should have :

  • ABachelor's / Master's degreein a Mathematics, Statistics, Economics or equivalent quantitative / numerical field from a recognized university.
  • At least5 years of actuarial experience, ideally in pricing for property or casualty line of business.
  • Progress toward actuarial qualifications.
  • Strong proficiency in tools such asR, Python, or SQL.
  • Excellent communication skills and a solution-oriented, self-starter mindset.
  • Why Join Us

  • Work in a multicultural, high-performing environment.
  • Influence high-impact portfolio decisions.
  • Collaborate with global experts across business functions.
  • Opportunities for professional development and model innovation.
  • Keywords :

    Reference Code : 135489

    Skills Required

    Sql, Statistical Analysis, Python

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    Pricing Actuary • Bengaluru / Bangalore, India

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