Large eddy simulations of compressible, turbulent, reacting flow were carried out in order to identify the Flame Transfer Function (FTF) of a premixed swirl burner at different power ratings. The Thickened Flame model with one step kinetics was used to model combustion. Time-averaged simulation results for inert and reacting flow cases were compared with experimental data for velocity and heat release distribution with good agreement. Heat losses at the combustor walls were found to have a strong influence on computed flame shapes and spatial distributions of heat release. For identification of the FTF with correlation analysis, broadband excitation was imposed at the inlet. At low power rating (30 kW), measured and computed FTFs agree very well at low frequencies (corresponding to Strouhal numbers St < 4), showing a pronounced maximum of the gain at St ≈ 2. At higher frequencies, where the flame response weakens, the agreement between experiment and computation deteriorates, presumably due to decreasing signal-to-noise ratio. At higher thermal power (50 kW), a high-frequency instability developed during the simulation runs, resulting in poor overall signal-to-noise ratio and thus to unsatisfactory prediction of the gain of the flame transfer function. The phase of the FTF, on the other hand, was predicted with good accuracy up to St < 5. An analytical expression for the FTF, which models the flame dynamics as a superposition of time-delayed responses to perturbations of mass flow rate and swirl number, respectively, was found to match the experimental results.