Pricing Actuary

Swiss Re • Kansas City, MO

1d • $90,000 - $150,000 • Hybrid

About The Position

As a Pricing Actuary within our Financial Products (FinPro) team, you'll be at the intersection of data analytics and business strategy, developing sophisticated pricing models that drive profitability and growth in complex insurance markets. You'll leverage your technical skills to transform data into actionable insights that guide critical business decisions.

Requirements

• 3-4 years of experience in P&C Commercial Pricing, preferably with general or financial liability products.
• Pursuing actuarial qualifications with demonstrated progress.
• Good understanding of actuarial methods, models, and related business processes.
• Experience in portfolio profitability analysis, costing models, and tool development.
• Strong communication skills with the ability to explain complex concepts to diverse stakeholders
• Programming skills in R, Python, SQL, and knowledge of data science techniques.
• Experience working between Reserving or Pricing functions.
• Familiarity with exposure and experience rating techniques.
• Ability to work on multiple assignments with dynamic priorities.
• Self-starter mentality with strong work ethic and execution capabilities.

Responsibilities

• Develop and enhance best-in-class FinPro rating models by leveraging technology, internal data assets, and exploring broader datasets.
• Create strategic proposals in collaboration with business owners to address profitability gaps.
• Conduct sophisticated analysis using actuarial and data science techniques to improve portfolio profitability.
• Partner closely with Reserving, Underwriting, Finance, and Claims teams to drive integrated business solutions.
• Support pricing for large FinPro accounts, bringing analytical rigor to complex deals.
• Deliver insightful quarterly reviews that provide portfolio steering and recommendations to FinPro underwriting leaders.
• Coordinate rate monitoring processes from costing models and ensure feedback loops inform profitability analysis.
• Research external market trends including industry developments, market conditions, and rate changes.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees