Closer to a pricing and underwriting partner than a reporting-cycle role because live treaty actions and client negotiations drive the work.
Senior Life actuary role in Swiss Re’s Chicago-based In-Force Management team, focused on the US Life & Health reinsurance portfolio. You’ll use actuarial modelling, experience studies, treaty knowledge, and commercial judgment to optimize in-force business, support recaptures and rate reviews, and negotiate with clients and internal partners. The hybrid role expects three office days per week and offers a base salary of $146,000-$244,000 in Chicago.
Requirements
Must have
No visa sponsorship or relocation support available
Strongly preferred
5+ years of experience in life insurance or reinsurance with in force management, pricing, or portfolio optimization
FSA designation, experienced qualified ASA, or equivalent actuarial designation
Actuarial modeling proficiency including GGY AXIS
Strong understanding of IFRS-17 accounting for L&H business
University degree in Actuarial Science, Mathematics, or related field
Hybrid work model with 3 days in office per week
Nice to have
Experience with big-data platforms and advanced analytics or AI tools
Familiarity with reinsurance treaty structures and in force transaction mechanics (recaptures, rate reviews)
Experience conducting seriatim experience studies and calibrating deal-level assumptions
Ability to develop and present recommendations to senior leadership and external clients
Proven cross-functional collaboration in complex matrixed environments
Experience with client-facing negotiations or commercial structuring of in force actions
Skills & Domain
DomainLife insurance or reinsurance experienceIn force management or pricing experienceIFRS-17 accounting for L&H business
