Pricing Actuary

  • 33271
  • Non-Life - Actuarial
  • |
  • Switzerland
  • |
  • Jan 30, 2018
Insurance
RESPONSIBILITIES
  • Pricing internal and external reinsurance treaties globally for various lines of business such as Property, Engineering, Motor, Casualty, Marine, Special Lines, and Personal Accident in compliance with internal guidelines.
  • Review work of peers or brokers.
  • Collaborate with Group data champion as well as reinsurance managers to ensure accurate data collection and consolidation of pricing relevant reinsurance data.
  • Support reinsurance managers in respect of structuring, pricing and planning of reinsurance programs as well as allocation of reinsurance costs.
  • Use stochastic models to optimize the use of reinsurance, calculate the respective economic effect and reinsurance KPIs (key performance indicators).
  • Further develop, document and strengthen stochastic models and pricing tools.
  • Collaborate with Life Re with respect to pricing and projects or Casualty cat team.
  • Interactions with Business Unit and the region’s reinsurance and underwriting teams-
  • Frequent communication with brokers and reinsurers geared towards the presentation of the reinsured portfolios.
QUALIFICATIONS
  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field with a mathematical, statistical or numerate background.
  • Experience in insurance is welcome.
  • Strong analytical and actuarial capabilities.
  • Keen to develop skills in the usage and development of computer models.
  • Ability to effectively communicate technical, complex issues at various levels.
  • Ability to work effectively and efficiently in a multi-cultural team environment.
  • Team-player and highly motivated person with strong sense of customer service.
  • Ability to work with sometimes imperfect inputs and deliver in stress situations.
  • Fluency in English.
  • Willingness to learn on the job and to pursue continuing education in the insurance area.
  • Proficiency in Microsoft Office applications, notably Excel.
  • VBA, Matlab, Python, R or similar is a plus.