06 Sep
|
Swiss Re
|
Mumbai
Actuarial Analyst – L&H; India
Position Actuarial Analyst
Level Associate
Location Mumbai, India
Reporting to Senior Pricing Actuary
Objective of Role
The role will be part of the L&H; India pricing team taking responsibility for
product development and pricing of new Life & Health business to help the region
achieve its growth plans. We aim to do this through better client experience;
cutting-edge, better-informed pricing; and supporting development of innovative
products for clients in the region.
The role involves supporting development of new products and the pricing of the
business written in accordance with our technical guidelines.
Major Responsibilities
1. Recent Business Quotes and Tenders
* Lead and support the pricing and modelling of new business; this includes the
review on quotes prepared by other team members and authority to sign-off.
* Partner with client-facing teams to understand cedants’ objectives,
structures, and risk profiles, and translate these into appropriate pricing
solutions.
* Collaborate with a cross-functional team of experts from client markets,
underwriting and claims towards assessing the risks associated with a
particular opportunity.
2. Costing Methodology and Guidelines
* Ensure consistent and robust application of pricing methodologies and
governance standards across all transactions.
* Proactively challenge existing pricing approaches and drive simplification,
automation, and improvement of tools and processes.
* Monitor market, regulatory, and competitive developments and assess their
impact on pricing assumptions and reinsurance structures.
* Collaborate with Experience Studies teams to analyze claims, lapse, and
portfolio experience, and incorporate insights into pricing and assumption
setting.
* Maintain and enhance pricing guidelines, documentation, and governance
frameworks based on research and emerging experience
3. Strategy, Product Development and Brand Presence
* Contribute to technical, research and projec
📌 Actuarial Analyst (Mumbai)
🏢 Swiss Re
📍 Mumbai