Head Pricing Actuary 80-100%

Your Role

As a member of the Swiss P&C Underwriting Management Team, and Global Pricing Leadership Team, you will report to the Chief Underwriting Officer Switzerland and provide the business insight to respective leadership teams. You will have overall responsibility for pricing for Property & Casualty in Switzerland, governance supporting the pricing process, and for the professional development of employees. You will also be required to support and sometimes lead P&C pricing initiatives in Europe and globally.

As Head Pricing Actuary your main responsibilities will involve:

• Participate in strategy development and portfolio management as assigned and implement the pricing components of the strategy
• Lead pricing services related to modelling technical prices, product or customer segment portfolio profitability and/or planning
• Lead a team of 18 senior experts and actuarial projects to improve data, processes and methodologies for pricing
• Ensure that pricing processes are appropriately governed in accordance with Group, Regional, and Local regulatory policies
• Participate in pricing strategy and portfolio management development and implement the pricing components of the emerged strategy
• Collaborate with and influence Market Facing and Product Underwriting on strategic portfolio and individual account pricing decisions
• Collaborate with Reserving and Risk teams on performance monitoring, ensuring that Zurich fully leverages collective knowledge
• Provide direction and/or strategic support for implementation of tariff revisions, tariff development, competitor benchmarking, tariff proposals and, where appropriate, tariff filings for new/renewal business
• Develop, rationalize and implement pricing tools where appropriate and aligned with the global and regional pricing tool strategy, and with local Underwriting strategy.
• Provide thought leadership on portfolios or global actuarial issues with a high to very high level of complexity / diversity
• Volunteer and network with local Actuarial and/or leadership organizations to increase professional profile and Zurich’s presence
• Provide leadership advocacy for data quality, granularity, and availability, to ensure robust inputs to pricing processes
• Lead cross functional initiatives to improve the flow and quality of relevant data and ensure required granularity is available for analyses
• Lead the functional area by setting individual objectives, reviewing performance/appraisals and providing on-going feedback on a formal & informal basis so that all employees are aware of what they are required to achieve and how they are performing against their objectives

Your Skills and Experience

As Head Pricing Actuary your skills and qualifications will ideally include:

• Actuarial qualification from an internationally recognized professional body
• Master’s degree (or equivalent) in Computer Science, Economics, Engineering, Mathematics/Statistics
• Strong leadership skills and ability to manage and develop experienced teams
• Expert knowledge of pricing concepts and practices as applied to the insurance industry
• At least 5 years’ experience in functional areas (pricing, reserving, capital management, etc.)
• Excellent German and English communication skills

Additional Information

Preferred work location is Zürich Oerlikon. The travel requirement is up to 5%.
If you value an exciting and varied working environment and meet the above requirements, then we are looking forward to receiving your application.

You can find additional information about Zurich as an employer on our career site.

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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 foster a culture of diversity and inclusion. Our purpose and values are designed to protect, inspire confidence and help our employees reach their full potential. We value and defend what is right and promote opportunities for equity among our professionals, regardless of gender, disability, LGBTQ +, race, ethnicity, generations, belief, etc. Our talent acquisition and hiring processes respect this commitment daily. Join Zurich and be part of this culture.

Information for recruitment agencies

Zurich accepts no 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.

Primary Location:Switzerland-Zurich-Zurich

Schedule:Full-time

Travel:Yes, 5 % of the Time

Job Posting:01/22/20

Unposting Date:Ongoing