Actuarial Analyst I-Fin & Risk Mgmt L&H

About the role

The Actuarial Analyst, Health Pricing role is a key position within the iptiQ Americas pricing organization. This role will be responsible for developing and executing pricing modeling, financial assessments, and filing of health products, supporting in-force products’ rate management, and engaging in product review assignments. This role will also be responsible for product experience and market landscape monitoring.

Detailed responsibilities include:

• Executing assigned rate management initiatives for the health product portfolio including but not limited to creating rate proposals, and conducting profitability assessments, statutory filings and rate implementations
• Developing and documenting assigned pricing models used to analyze product profitability on various financial standards including US Statutory, US GAAP and/or IFRS
• Developing, documenting, and defending pricing assumptions and results for both internal and external stakeholders
• Partnering with the Data Analytics Team in building and maintaining product performance metrics and management reports to facilitate data-driven decisions
• Contributing to the Product Management Process by providing pricing and market insights, impacts to product features and risks, and supporting regulatory filings

About You

• Minimum four-year degree in mathematics, statistics, actuarial science or related field with proven mathematical skills and analytical ability
• Minimum 3 years of experience in the US individual life and health (re)insurance industry; experience with Medicare Supplement is preferred
• Associate of the Society of Actuaries (ASA) is a plus
• Strong technical capabilities using actuarial and statistical modeling tools and Microsoft Excel; hands on experience with R, Python and/or MG-ALFA is strongly preferred
• Experience in developing product cash flows and profitability metrics under statutory, US GAAP and/or IFRS standards
• Capability to work independently and deliver project results
• Ability to work across cross-functional teams
• Attention to details with strong sense of documentation and corporate governance
• Strong interpersonal skills, including a demonstrated ability to work in a team environment. Must be able to develop working relationships to both technical and non-technical audiences.
• Ability to communicate and present effectively, clearly and transparently to a variety of audiences.
• Open minded, trustworthy and enthusiastic

For the states of Colorado, California, Washington and New York the estimated base salary range for this position is $64,000 to $113,000.  The specific salary offered for this, or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget.  At Swiss Re, we take a “total compensation approach” when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.

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 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.

Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual’s qualifications for the position being filled.

During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.
 

Keywords: actuary, life & health
Reference Code: 132117