Life Pricing Actuary (m/f/d)

Global Player in the Financial Services Industry

The Company

Our client is one of the worldwide leading companies in the financial services industry. For the Client Pricing unit (Life and Health insurance) that combines pricing and risk management of reinsurance contracts, biometric studies, data analytics, monitoring, valuation, Solvency II and IFRS aspects, we are looking for a Life Pricing Actuary (m/f/d) with focus on the German and Swiss market.

The Client Pricing unit ensures a holistic client team approach together with the Client Management team to effectively support the region’s acquisition and maintenance of reinsurance business. Achieving these goals requires close cooperation between the Client Pricing unit and a wide range of internal departments (Centers of Competence, Valuation, Accounting, etc.).

Your Tasks

  • Providing technical support for clients and a proactive and goal-oriented collaboration with the Client Management team, in particular supporting their efforts in acquiring profitable new business and managing the in-force structuring and pricing reinsurance treaties (by using the modelling software AXIS where appropriate)
  • Advising on possible options for the optimal reinsurance solution for our client and their clients
  • Carrying out derivation and updating pricing bases (if possible, on the basis of biometric studies)
  • Ensuring compliance with applicable guidelines, risk appetite and mandates
  • Supporting product developments in close cooperation with the Business Development unit
  • Supporting the monitoring, accounting, valuation and forecasting of the new and existing business, including data management for portfolio data and interface to Accounting, Valuation and Centers of Competence
  • Analyzing current developments in life insurance markets and their implications for the client and their cedents
  • Executing risk management processes

What You Bring With You

  • Excellent university degree in statistics, mathematics or actuarial sciences
  • Min. 3 years working experience in actuarial topics
  • Qualified actuary, or willingness to become an actuary, ideally with life insurance and/or reinsurance experience
  • Experience with an actuarial modelling software (ideally with AXIS), data analytics, valuation, software such as R and Power BI would be an advantage
  • Autonomous working style and ability to prioritize
  • Highly dedicated with a high sense of responsibility
  • Strong team-oriented approach and stakeholder management skills
  • Analytic and conceptual thinking combined with thorough and systematic work approach
  • Very good command of German and English (written and spoken). French would be an advantage