Description

Location:Munich, DE

Are you a highly motivated and qualified actuary looking for an exciting opportunity to join our Life and Health Continental Europe Regional Team in Germany? Do you have a passion for actuarial pricing, client engagement, and strategic decision making? Are you looking for a role where you can demonstrate strong technical expertise alongside commercial and leadership capabilities? If so, we would like to hear from you.

About the Role

As a Life and Health Pricing Actuary, you will play a key role in pricing life and health reinsurance business across all of Continental Europe, with a focus on the German market. You will provide high quality actuarial input into cross functional teams and client engagements, contributing to both new business development and the management of in-force portfolios.

You will collaborate closely with underwriting, client management, reporting, and product development teams, and develop a deep understanding of the L&H reinsurance market.

Key responsibilities:

• Lead the development and review of pricing bases and reinsurance terms for new and existing business
• Perform and interpret data analyses related to claims experience and portfolio performance
• Ensure profitability and sustainability of the in-force portfolio in collaboration with reporting and experience studies teams
• Collaborate with clients and cross-functional stakeholders on pricing and product development opportunities
• Provide expert actuarial input into deal structuring and negotiations
• Drive thought leadership, contribute to best practices, and support the development of more junior team members
• Take ownership of key projects and proactively contribute to team and regional initiatives

About the Team

Our Regional Pricing team operates within L&H Continental Europe and is responsible for delivering reinsurance pricing across a wide range of products in Continental European markets, including Germany.

We work in a highly collaborative and cross-functional environment, partnering with colleagues across pricing, client management, business management, underwriting, claims, and reporting teams.

We are a diverse team with a strong sense of community. We value collaboration, curiosity, and accountability. The work is demanding but rewarding, and we foster an environment where individuals can grow, contribute, and have impact.

About You

Essential:

• Qualified actuary (DAV, FSA, FIA, or equivalent)
• 5+ years of relevant actuarial experience, preferably in pricing or reinsurance
• Strong understanding of reinsurance structures and/or retail protection markets
• Excellent knowledge of actuarial and statistical modelling techniques (experience with R, Python, or similar tools is an advantage)
• Strong analytical, problem solving, and decision-making skills
• Ability to independently lead projects and deliver high quality work under pressure
• Strong communication and presentation skills with the ability to engage effectively with internal and external stakeholders
• Fluent in English and German
• Strong customer focus and ability to support commercial discussions and negotiations

Nice to have:

• Experience in the German insurance or reinsurance market
• Experience mentoring or guiding junior colleagues
• Additional European language skills

For Germany, the base salary range for this position is between EUR 69.000 and EUR 115.000 for a full-time role. The specific salary offered considers:

• the requirements, scope, complexity and responsibilities of the role

• the applicant's own profile including education/qualifications, expertise, specialisation, skills and experience

In the situation where you do not meet all the requirements or you significantly exceed these, the offered salary may be below or above the advertised range. In addition to your base salary, you may be eligible for additional rewards and benefits including an attractive performance-based annual bonus.

About Swiss Re

Swiss 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 15,000 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.

We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.

Keywords:
Reference Code: 137917

Open ZRH-23-13514-P4_Job_Advertisement_Benefits_Germany_970x485 in overlay

Make an impact

Start your career journey with Swiss Re.