Pricing Actuary (UK or Switzerland) 80-100%
We are looking for a new member for the CI central actuarial team. We form a key part of the CI central underwriting team whose role is to bring insights, improve business performance, share ideas, tools, and practices between geographies, leading the business into the future.
To achieve these goals we provide the quantitative elements: improving the quality of pricing and assisting underwriters in driving business performance to higher levels. The team is structured around lines of business and includes additional analytical support from the Bratislava CoE.
We are currently building data and pricing foundations on which the company can advance from traditional pricing/actuarial processes to an exciting future era combining traditional internal data sources with rapidly emerging external sources such as digitized mapping and imaging and real time monitoring e.g. the Internet of Things.
A key focus of our analytics work is to take predictive techniques typically used in large retail portfolios into more specialized and smaller areas including statistical inference in sparse data sets.
As part of a line of business team, your work will involve:
Rate setting for classes of business: analysis of data sets, setting base rates, calculating relativities, increased limits factors
- Pricing individual large accounts
Supporting the management of portfolio performance through both the development of analytical tools as well as "live" business activities such business planning and regular monitoring and interpretation of trends
Investigating emerging issues in performance issues to find underlying causes and hence solutions as well as potential opportunities
Coordinating all of these activities with a wide variety of stakeholders in different functions (underwriting, claims, distribution) and geographies.
Your Skills and Experience
- Degree in a quantitative area such as actuarial, mathematics, engineering
Ideally currently working in a general insurance actuarial team (not necessarily pricing)
Ability to build your analytical skills both through on the job experience as well as through other sources e.g. actuarial qualifications
A strong interest in commercially applying your skills
Ability to interact successfully with people widely across the organisation
Primary work location is Zürich or London. The travel requirement is up to 5%.
If you value an exciting and varied working environment and meet the above requirements, then our recruiter Grace Cunningham is looking forward to receiving your application by clicking on the button "Apply online".
You can find additional information about Zurich as an employer and about the candidate journey on our career site. Zurich Virtual Tour
Enter the fascinating World of Zurich! Learn more about our company and meet some of our employees personally in the Zurich Virtual Tour. Who we are
Zurich is a strong brand - more than 1.4 million Swiss customers place their trust in our products and services. Our 53,000 employees worldwide form the basis of our success, helping our customers in 210 countries and territories to understand and protect themselves from risk. In order to deliver our services, we offer our employees flexible working models and interesting opportunities for further training & development. As a Zurich employee you benefit from a multitude of advantages as well as a strong culture, characterized by acceptance, diversity and team spirit.
At Zurich we are an equal opportunity employer. We attract and retain the best qualified individuals available, without regard to race/ethnicity, religion, gender, sexual orientation, age or disability. Information for recruitment agencies
Zurich accepts no unsolicited applications from recruitment agencies for this position. We therefore request that recruitment agencies do not submit any candidate documents neither via our employees nor through our online career portal. We refuse any responsibility for unsolicited applications as well as any associated fees. Thank you for your understanding.