Pricing Actuary (Hybrid, 80 - 100%)

Swiss Re•Toronto, ON

2d•CA$114,000 - CA$142,000•Hybrid

About The Position

This role involves developing crucial product expertise and analytical capabilities within the commercial General Insurance sector, directly impacting the profitability of a global underwriting portfolio. The Pricing Actuary will report to the Global GL Pricing Lead and leverage data-driven techniques to execute portfolio goals. The position requires applying technical actuarial expertise and business acumen to communicate analytical findings to global partners, influencing portfolio profitability and contributing to the Business Unit's overall performance.

Requirements

Bachelor's degree in a Quantitative/Numerical subject from a recognized university.
Significant experience in an Actuarial position, ideally in a long-tail line of business.
Experience in pricing large transactions with complex structures – including Alternative Risk Transfer.
Qualified Actuary or on track to qualification.
Excellent skills in MS Excel and proficiency in R/Python or SQL.

Responsibilities

Work independently on complex case pricings with a specialism in Alternative Risk Transfer structures and communicate outcomes effectively to underwriters and wider stakeholders.
Build technical portfolio insight capabilities to optimize financial performance management and enhance profitability views across business lines.
Analyze portfolios by examining diverse data sources and performing statistical analysis to derive meaningful insights.
Communicate results to wider partners including Portfolio Managers, Reserving Actuaries, and Finance departments.
Execute actuarial rate reviews to update costing parameters of in-house Swiss Re developed models.
Develop and enhance actuarial models through dedicated project work.