Property Pricing Actuary (US Globals and Canada) - Hybird Job at Swiss Re, Schaumburg, IL

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  • Swiss Re
  • Schaumburg, IL

Job Description

Locations: Schaumburg, IL, US | Armonk, NY, US

Are you ready to tackle complex property treaty evaluations while working with some of the largest carriers worldwide? Join our dynamic team where analytical expertise meets innovative thinking in a collaborative environment that values diverse perspectives!

About the Role

As a US Globals and Canada Property Actuary, you'll bring your analytical prowess to evaluate complex property treaties spanning US commercial and personal lines, as well as international exposures. Working directly with the Head of US Globals and Canada Property CUO, you'll shape high-impact reinsurance strategies while collaborating with a cross-functional team of experts.

Key Responsibilities

  • Lead complex non-catastrophe treaty costing across US Globals and Canada Property portfolios, developing expected loss estimates and appropriate loss distributions
  • Drive portfolio-level analytics to inform strategic decisions and optimize performance across both markets
  • Develop and enhance actuarial models and costing parameters that support the broad property business
  • Collaborate with key stakeholders including external clients, broker actuaries, client managers, reserving teams, and senior leadership
  • Ensure costing adequacy by quantifying the impact of contract features, underwriting exposures, and emerging legal, regulatory, and societal trends
  • Represent Swiss Re as a thought leader in the Property space through active engagement with clients, brokers, and industry associations

About the Team

The US Globals and Canada Property CUO desk plays a pivotal role in evaluating some of Swiss Re's most complex property treaties—both in terms of underlying exposures and innovative structures. Our US Globals clients include some of the largest carriers worldwide, and our work spans US commercial and personal lines, as well as international exposures.

Our team is a collaborative blend of underwriters and actuaries who partner closely to deliver tailored solutions for our clients. We operate across multiple locations—Armonk, NY; Schaumburg, IL; and Toronto, Canada—bringing diverse perspectives and expertise to every challenge.

Together, we thrive as a dynamic, forward-thinking group. We embrace complexity, champion innovation, and continuously raise the bar for excellence in US Property Globals and Canada CUO.

About You

You are a dynamic, strategic thinker who thrives in a fast-paced environment. With a strong analytical mindset and natural curiosity, you uncover insights from data and translate them into compelling narratives. You approach challenges proactively, solve complex problems with creativity, and foster collaboration to drive shared success.

We are looking for candidates who meet these requirements:

  • Minimum 3 years of experience in reinsurance or primary pricing, portfolio management or reserving function (property experience a plus)
  • Understanding of (re)insurance underwriting, market trends, and strategy drivers for insurers, along with their broader industry implications
  • Bachelor's degree in a quantitative field (required); on path to obtain ACAS or FCAS designation preferred
  • Ability to present complex analyses to diverse stakeholders, both internally and externally
  • Demonstrated team-building skills and a collaborative mindset

These are additional nice to have :

  • Experience with property treaty pricing and evaluation
  • Knowledge of US and Canadian insurance markets and regulations
  • Advanced degree in actuarial science, mathematics, statistics, or related field
  • Experience with programming languages (R, Python) and data visualization tools
  • Ability to manage projects in a fast-paced environment

For the United States, the estimated base salary range for this position is $86,000 to $156,000. 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.

This role is not eligible for relocation assistance and for visa sponsorship/transfer.

Job Tags

Contract work, Temporary work, Worldwide, Visa sponsorship, Relocation package,

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