Actuarial Analyst

1 week ago


Mumbai, Maharashtra, India Swiss Re Full time

Actuarial Analyst – Life & Health (L&H) in India

Position: Actuarial Analyst

Level: Associate

Location: Mumbai, India

Reporting to: Team Lead, Medical Reinsurance, L&H Products

Objective of the Role:

The main goal of this position is to be part of the L&H India pricing team, focusing on product development and pricing of new Life & Health business to support the region's growth plans. The aim is to enhance client experience, provide well-informed pricing, and assist in developing innovative products tailored to the region's clients.

Major Responsibilities:

  • New Business Quotes and Tenders
  • Lead and support pricing and modeling of new business
  • Identify clients' needs and concerns
  • Collaborate with experts from client markets, underwriting, and claims
  • Costing Methodology and Guidelines
  • Review and ensure correct application of pricing guidelines
  • Challenge existing practices for improvement
  • Stay updated on market, regulatory, and competitive trends
  • Work with Experience Studies team for insights
  • Keep pricing guidelines current through research
  • Strategy, Product Development, and Brand Presence
  • Contribute to technical input for product development initiatives
  • Provide insights on the business's implications
  • Support team development and regional projects

Qualifications & Requirements:

  • Good progress towards actuarial qualification (minimum 4 exams credit)
  • Insurance or reinsurance working experience, with pricing experience
  • Commercial and technical skills in Life & Health products
  • Demonstrate maturity and flexibility in stakeholder management
  • Experience with pricing tools is a plus
  • Excellent communication skills in English

About Swiss Re:

Swiss Re is a leading provider of reinsurance, insurance, and insurance-based risk transfer, dedicated to enhancing resilience globally. With a focus on managing various risks, from natural disasters to cyber threats, our team of over 14,000 employees worldwide collaborates to deliver innovative solutions. We value diversity, inclusivity, and sustainability in our workplace, fostering a culture that promotes equality and encourages fresh perspectives.


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