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Lead Pricing Actuary chez SCOR

SCOR · Paris, France · Onsite

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The Alternative Solutions pricing team will develop and execute market-leading pricing capabilities for any structured (re)insurance solution, both prospective and retrospective. Achieving pricing excellence will be a key contributor to enable SCOR to meet its long-term growth and profit targets.

Responsibilities

Key duties and responsibilities

  • Working as a business partner with the underwriting team, you secure understanding of risk through unbiased, technical risk assessment of structured (re)insurance solutions, both prospective and retrospective. Supports the actuarial pricing and cash flow modelling of Alternative Solution business.

  • Give structural advice, provide technical support, and contribute with new business ideas.

  • Reach out and collaborate with pricing actuaries globally, who typically assess standard reinsurance structures with same underlying exposure.

  • Strengthen pricing excellence by continuously enhancing pricing methodology for structured reinsurance.

  • Contribute and improve advanced pricing tools for structured reinsurance, supplementary to standard corporate pricing tools.

  • Contributes to create viable and innovative solutions that outperform competitors and differentiate SCOR.

  • Participate in the feedback loops with underwriting, claims, reserving, finance, accumulations to ensure accurate and timely information exchange, resolve issues and support business objectives

  • Projects: Lead projects, interacting closely with other regions and working with P&C Operations and other stakeholders.

Qualifications

Required experience & competencies

  • In-depth reinsurance pricing experience gained through at least five years of pricing activities at a global reinsurer. Pricing experience in various lines of business. Ideally experience in pricing structured reinsurance.

  • Profound expertise in a statistical computing language like Python or R, accompanied with solid programming experience. Good knowledge in code collaboration tools like GIT, and agile working principles.

  • Advanced Microsoft Office skills, especially Excel and PowerPoint.

  • Clear communicator. Ability to take complex methods, analysis and ideas and communicate effectively to a broad variety of stakeholders.

  • Able to withstand pressure and to complete tasks within deadlines. Brings positive attitude to address challenges.

  • Ideally exposure of working in multiple geographies.

Required Education

  • Fully qualified actuary in a globally recognized actuarial body.

Company

As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk,” SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.

Working at SCOR means engaging with some of the best minds in the industry – actuaries, data scientists, underwriters, risk modelers, engineers, and many others – as we work together to find solutions to pressing challenges facing societies.

As an international company, our common culture is defined by “The SCOR Way.” Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.

SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.

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