Job Description

About the Role:In this role, you will work as a member of the North America Life & Health Pricing Support Team based in Bangalore. We are a global team responsible for enabling and monitoring the pricing of the US Individual Life Mortality business.Job Responsibilities

• Perform US Life Pricing Peer Reviews for New Business, Inforce and Structured deals prior to client Delivery of the offer.
• Prepare recent pricing wins for incorporation into the Valuation model through New Business Induction Process.
• Construct and update models to current best estimate assumptions for the annual Open Treaty Review process used in portfolio monitoring and margin management.
• Provide Sign-off on Regression Testing to make sure in-house Pricing Tool \'ICE\' works as expected.
• Co-ordinate with team members on Assumption Updates (like Mortality Improvement, Principle Based Reserving, IFRS 17 etc.), New Deal Pricing Segmentation and Ad-hoc support to Pricing Actuaries.
• Collaborate with the Integrated Costing Environment (ICE) developers to test and deploy changes for the Pricing team.
• Own AXIS version upgrade for US AXIS Templates to keep it aligned to valuation and maintain AXIS Version Control Datasets for US.
• Develop business acumen in order to become a source of technical knowledge and advice.

Position Requirements:

• Successfully completed a bachelor\'s or Master\'s Degree in Actuarial Science, Mathematics, Statistics, or related field.
• Cleared at least 3-5 Actuarial papers from IFoA UK or IAI Mumbai.
• 2+ year of experience working in a Life Insurance Company.
• Programming/Software skills particularly in MS Excel - VBA, GGY AXIS and SQL are a plus.
• Demonstrates strong oral and written English communication skills along with strong interpersonal and analytical skills.
• Shows initiative in learning Actuarial Concepts in practical environment and supporting other team members and senior stakeholders.
• Ability to work independently, accurately and deliver to deadlines.

About Swiss ReSwiss Re is one of the world\'s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.Keywords:
Reference Code: 131062

Swiss Re