Senior Pricing Actuary - P&C Job at Swiss Re, Schaumburg, IL

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  • Swiss Re
  • Schaumburg, IL

Job Description

Join us and play a pivotal role in advancing the future of US Casualty pricing at Swiss Re.

About the Team
Join the US Casualty Pricing Team at Swiss Re, where we lead the way in evaluating some of the most complex US Casualty treaties. Our team blends deep actuarial expertise with innovative approaches to pricing and risk assessment. We are passionate about uncovering trends, leveraging data-driven insights, and translating our findings into actionable solutions that drive meaningful business outcomes. With team members based in Armonk, NY; Schaumburg, IL; and Kansas City, MO, we thrive as a dynamic, collaborative group. Together, we embrace challenges, champion innovation, and set new standards for excellence in US Casualty pricing and portfolio management.

About the Role
Are you an innovative and motivated actuary with a deep understanding of US Casualty lines? If so, we’re looking for you to join our team and make a tangible impact.

Key Responsibilities:

  • Ensure high costing adequacy in treaty pricing across all Casualty lines of business (General Liability, Umbrella, Motor, Professional Lines, and Workers' Compensation) by quantifying the impact of factors such as contract features, underwriting exposures, legal, regulatory, and societal trends. 
  • Effectively communicate pricing and portfolio analyses to cross-functional deal teams and senior management, ensuring clarity and actionable insights.
  • Lead and contribute to diverse actuarial projects, aimed at providing quantitative support to the US Casualty Desks and Market Units to improve underwriting performance and portfolio steering.
  • Partner with key stakeholders – including external clients, Casualty Portfolio Managers, Underwriting Desk Heads, Client Markets, Reserving, and Swiss Re Senior Management – to assess deals, portfolios, and pricing parameters using internal and external data sources.
  • Represent and position Swiss Re as a leading player in the Casualty space by engaging with clients, brokers, and industry associations and actively participating in renewal calls, meetings, and underwriting audits.

About You
You are an exceptional actuary with a proven ability to combine technical expertise, strategic thinking, and leadership to deliver results. You thrive in dynamic environments, are naturally curious, and are motivated to take ownership of complex challenges. With a collaborative mindset and strong business acumen, you excel at building partnerships and driving innovation in the Casualty space.

Qualifications:

  • Experience: 5-10 years in a reinsurance or primary pricing or reserving function for Casualty lines of business.
  • Education: Bachelor's degree in a quantitative field (required); ACAS or FCAS designation is strongly preferred.
  • Expertise: Deep knowledge of US Casualty reinsurance markets, placement structures, and underwriting approaches.
  • Business Acumen: Proficiency in incorporating forward-looking market insights and a strong sense of commercialism in underwriting and pricing decisions.
  • Leadership: Proven ability to lead projects, manage deliverables, and achieve measurable results.
  • Communication: Exceptional organizational and communication skills, with the ability to simplify and present complex analyses to diverse audiences, including internal stakeholders and external brokers and clients.
  • Collaboration: A collaborative mindset with demonstrated success in fostering teamwork and building partnerships15.
  • Curiosity: A natural desire for continuous learning and self-improvement.
  • Flexibility: Willingness to travel domestically on a limited basis, primarily for client engagements.

For the states of Colorado, California, Washington and New York the estimated base salary range for this position is $169,000 to $294,000.  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.

Job Tags

Contract work, Temporary work,

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