Chicago IL

Intern

Part Qualified

Associate

Qualified

Senior Actuary

Life

Property & Casualty

Reserving

Reporting

Reinsurance

Risk

Systems

Python

Modelling

Experience Analysis

Coding

Motor

Pricing

Excel

ResQ

Marine

Tableau

SCOR is a global reinsurance company based in France. Established in 1970, it offers risk transfer and risk management solutions to insurers and other clients worldwide. With a diverse range of reinsurance products and services, SCOR operates in various sectors, including life, property, casualty, and specialty lines, serving as a strategic partner for managing risk.

SCOR

Job DescriptionThis role provides a great opportunity to gain experience in reinsurance pricing and modeling. You will apply analytic skills to support and influence business decisions in a dynamic and collaborative environment.You will join a skilled and talented team supporting the US Casualty Underwriting group. Your responsibilities will include pricing treaties, identifying key performance drivers, conducting market studies, updating pricing parameters, and assisting with ad hoc actuarial projects.Responsibilities<ul><li>Work closely with US casualty underwriters to analyze and price reinsurance contracts.</li><li>Quantify the impact of contract features and provide an understanding of the key risk loss drivers.</li><li>Advise underwriters on key pricing-related issues.</li><li>Perform market studies to stay on top of key emerging trends.</li><li>Participate in projects to update pricing parameters including loss trends, rate changes, and loss development factors.</li><li>Assist in studies to improve pricing methodology and enhance the efficiency of pricing processes.</li><li>Apply sound actuarial judgment to help achieve long-term profitability for US casualty and SCOR.</li><li>Participate in broker and client visits, audits, and renewal meetings.</li></ul>Qualifications<ul><li>A bachelor's degree in Mathematics, Actuarial Science, Economics, Engineering, or another STEM discipline.</li><li>3+ years of insurance or reinsurance pricing experience preferred.</li><li>Experience with Umbrella, Excess Casualty, General Liability, and Commercial Auto lines is a plus.</li><li>Passed at least 4 Actuarial Exams; working towards ACAS and FCAS credentials.</li><li>Skilled in Excel and SQL; experience with R, Python, or similar tools.</li><li>Strong analytical and problem-solving skills; highly motivated.</li><li>Collaborative team player able to work well with diverse groups.</li><li>Effective written and verbal communication; can explain complex topics simply.</li><li>Excellent organizational and time management skills.</li></ul>Relocation assistance within the U.S. is available for this position.Hybrid Work Policy: SCOR is committed to an "in office" culture where people can collaborate, exchange ideas, and establish stronger working relationships while still providing flexibility. To support employee work-life balance and increase opportunities for employees to excel every day, SCOR operates with a hybrid working arrangement. Employees work 3 days per week in an office with the flexibility to work 2 days per week remotely.Pay Range: For roles performed in IL: $112,500-$137,500 base salary per year. Actual salaries may vary based on various factors including location, experience, role, and performance. The range listed is just one component of SCOR's total compensation package for employees. Other rewards may include annual bonuses and short- and long-term incentives. In addition, we provide a variety of benefits to employees, including health insurance coverage, life and disability insurance, a retirement saving plan, paid holidays, and paid time off.About UsAs 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.” This serves to build momentum that drives the Group forward and acts as a compass to guide our actions and choices. The SCOR Way is anchored by five core values: 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.

Job DescriptionThis key role for the Americas Reinsurance pricing team will bring strong technical and relationship building skills to efficiently and accurately assess the risk and profitability of the Property non-Cat reinsurance portfolio.This individual will participate in the reinsurance renewal process and partner closely with underwriting and Cat pricing teams both in the US and globally.The primary responsibility of the role is to price property non-cat reinsurance treaties covering US exposures. The pricing exercise is a complex analytical process requiring technical expertise and judgement.Cedent loss history, modelled results, market knowledge and individual account characteristics must be weighed to arrive at a final range of outcomes and point estimate of account profitability.This process is ideally a collaboration between the pricer and the underwriter to establish a consistent and holistic view of the client and the reinsurance contract.In addition, the individual will participate in projects to help shape and define the company’s view of risk in the region. This will involve research and analysis around the topics of economic trends, social inflation, and portfolio profitability monitoring.This will be done collaboratively with experts in the team and stakeholders throughout the company including the Cat pricing team, reserving, underwriting, and business analytics.Responsibilities<ul><li>Participate in the renewal pricing workflow process and ensure stakeholder needs (underwriters, business analysts, retro, accumulation) are met accurately and efficiently.</li><li>Perform individual reinsurance deal pricing analyses and collaborate with underwriters to understand the client and form a view of risk.</li><li>Participate in annual parameter studies and updates for Global pricing models.</li><li>Participate in segment analyses, industry studies, and other various actuarial related projects and studies as needed.</li><li>Collaborate closely with the natural catastrophe pricing team on topics of common interest, particularly pricing provisions and methodologies for convective storm and hurricane losses.</li><li>Work with stakeholders globally to design automated and semi-automated processes to deliver our work product more efficiently.</li><li>Implement tools, methods, and processes to allow low/medium risk reinsurance treaties to be priced and analyzed in a streamlined way.</li></ul>Qualifications<ul><li>Minimum BS in Actuarial Science, Mathematics or Statistics.</li><li>Masters’ Degree in Actuarial Science, Mathematics or Statistics preferred.</li><li>ACAS or new FCAS preferred.</li><li>Minimum 3 years of P&C actuarial experience.</li><li>Reinsurance or large account pricing experience preferred.</li><li>Knowledge of US property business including homeowners, commercial property, inland marine, industrial and energy exposures.</li><li>Familiarity with CAT modelling principles and data structures beneficial.</li><li>Good communication skills, able to structure an argument and explain complex issues simply.</li><li>Team player.</li><li>Strong technical and problem-solving skills.</li><li>Strong background in statistical analysis a plus.</li><li>Strong Excel skills required.</li><li>Able to learn new data and digital tools as needed.</li><li>Understand data capture, storage and analysis techniques, e.g. SQL, Python, R.</li></ul>Pay range for roles performed in IL: $112,500-$137,500 base salary per year. Actual salaries may vary based on various factors including location, experience, role, and performance.About usAs 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.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.SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.

Job SummaryWe're looking for someone who's motivated and detail-oriented, with a real interest in learning about actuarial science, catastrophe modeling, and insurance. Our portfolio includes a variety of partners in the actuarial space, and we're always working on analyses to improve our processes and add value to our partners' operations.As our portfolio grows, we're aiming to make our analyses even more sophisticated and impactful. That's where you come in! We're searching for an intern who's excited to learn our current data processes and help us modernize them.You'll get the chance to work with different database systems, contribute creatively to updated analyses, and come up with innovative visualization techniques to support our partners.This role is a fantastic opportunity to gain hands-on experience and develop valuable skills in a dynamic and collaborative environment. Join us, and let's make this journey enriching and transformative together!Responsibilities<ul><li>Learn and run current periodic data processes.</li><li>Collaborate with actuaries to streamline and update existing data processing.</li><li>Update and adapt data visualizations for internal and sharing purposes.</li><li>Structure data for specific purposes, e.g., pricing, catastrophe modelling.</li><li>Participate in catastrophe modelling and pricing analyses.</li><li>Participate in discussions with internal partners.</li></ul>Required experience &amp; competencies<ul><li>Strong problem-solving and analytical skills.</li><li>Organized and motivated.</li><li>Proficiency in Microsoft Office suite.</li><li>Strong data management and programming skills.</li><li>Proficiency in SQL, preferably with hands-on experience in university or work.</li></ul>Required EducationPreferred candidates should have completed at least 3 years of undergraduate education or be pursuing a graduate degree in Mathematics, Statistics, Actuarial Science, Engineering, Computer Science, or Economics.Hybrid work policySCOR is committed to an “in-office” culture where people can collaborate, exchange ideas and establish stronger working relationships while still providing flexibility. To support employee work-life balance and increase opportunities for employees to excel every day, SCOR operates with a hybrid working arrangement. SCOR employees work 3 days per week in an office with the flexibility to work 2 days per week remotely.Candidates must have valid authorization to work in the U.S. without the need for employer sponsorship now or in the future.Pay Range: $30.00 - $32.00 hourly rate. Actual salaries may vary based on various factors including but not limited to location, experience, role, and performance.About usAs 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 &amp; 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.SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.

Job SummaryWe're looking for someone who's motivated and detail-oriented, with a real interest in learning about actuarial science, catastrophe modeling, and insurance. Our portfolio includes a variety of partners in the actuarial space, and we're always working on analyses to improve our processes and add value to our partners' operations.As our portfolio grows, we're aiming to make our analyses even more sophisticated and impactful. That's where you come in! We're searching for an intern who's excited to learn our current data processes and help us modernize them. You'll get the chance to work with different database systems, contribute creatively to updated analyses, and come up with innovative visualization techniques to support our partners.This role is a fantastic opportunity to gain hands-on experience and develop valuable skills in a dynamic and collaborative environment. Join us, and let's make this journey enriching and transformative together!Responsibilities<ul><li>Learn and run current periodic data processes.</li><li>Collaborate with actuaries to streamline and update existing data processing.</li><li>Update and adapt data visualizations for internal and sharing purposes.</li><li>Structure data for specific purposes, e.g., pricing, catastrophe modelling.</li><li>Participate in catastrophe modelling and pricing analyses.</li><li>Participate in discussions with internal partners.</li></ul>Required experience &amp; competencies<ul><li>Strong problem-solving and analytical skills.</li><li>Organized and motivated.</li><li>Proficiency in Microsoft Office suite.</li><li>Strong data management and programming skills.</li><li>Proficiency in SQL, preferably with hands-on experience in university or work.</li></ul>Required EducationPreferred candidates should have completed at least 3 years of undergraduate education or be pursuing a graduate degree in Mathematics, Statistics, Actuarial Science, Engineering, Computer Science, or Economics.Hybrid work policySCOR is committed to an “in-office” culture where people can collaborate, exchange ideas and establish stronger working relationships while still providing flexibility. To support employee work-life balance and increase opportunities for employees to excel every day, SCOR operates with a hybrid working arrangement. SCOR employees work 3 days per week in an office with the flexibility to work 2 days per week remotely.Candidates must have valid authorization to work in the U.S. without the need for employer sponsorship now or in the future.Pay Range: $30.00 - $32.00 hourly rate. Actual salaries may vary based on various factors including but not limited to location, experience, role and performance. The range listed is just one component of SCOR's total compensation package for employees.QualificationsRequirements in experience, competency, education and qualifications.About usAs 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 &amp; 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.

Job SummaryThe VP, Portfolio Actuarial and Cat Modeling will be a key member of the Americas P&M team supporting business written by the North America MGA Underwriting team with a focus on property pricing and modeling.The job holder will partner with the MGA underwriting team to evaluate and monitor the performance and profitability of the MGA programs. They will identify key drivers impacting the portfolio performance to support decision-making and provide value-added insights to the MGA portfolio.Additionally, the role involves leading and conducting market and pricing projects and regularly contributing to the development of pricing methods and tools.ResponsibilitiesKey duties and responsibilities<ul><li>Produce pricing analytics including contract pricing, portfolio analysis, management reporting, and streamlining of the process.</li><li>Participate in underwriting audits and due diligence of North America MGA Programs portfolio to manage expectations on portfolio profitability.</li><li>Assist in developing and executing strategies to optimize the portfolio’s performance and risk profile.</li><li>Lead the development and enhancement of pricing tools; conduct studies to improve pricing methodology and enhance the efficiency of pricing processes.</li><li>Develop portfolio monitoring tools to aid the monitoring of pricing adequacy of the North America MGA Programs Business.</li><li>Manage the CAT aggregation and reporting process in support of the North America MGA Programs Business.</li><li>Lead and perform market studies to stay on top of key emerging trends and incorporate them into pricing parameters and analyses.</li><li>Participate in the rate, rule, and form filings for all products in support of North America MGA.</li><li>Mentor, train, and review the work of more junior pricers and modelers.</li><li>Participate in various cross-functional teams and projects.</li></ul>QualificationsExperience:<ul><li>7+ years of experience in (re)insurance pricing with a strong background in property and cat modeling.</li><li>Prior experience in casualty pricing would be a plus.</li><li>Solid understanding of basic ratemaking concepts on exposure adjustments, trend, loss development, exposure rating, and experience rating.</li><li>Proficiency in RMS Risk Link, Excel, SQL, and experience in R, Python, or similar.</li><li>Strong analytical skills and ability to manipulate or handle large datasets.</li></ul>Personal Competencies:<ul><li>Highly motivated and driven individual with excellent analytical and problem-solving skills.</li><li>Self-starting individual and excellent team player who has the maturity to work with a diverse group of personalities.</li><li>Effective written and oral communication skills and ability to explain complex issues to non-technical audiences.</li><li>Strong organizational and time management skills required.</li></ul>Digital Competencies:<ul><li>Expert Excel and database skills a must.</li><li>Experience with statistical or programming languages desired.</li></ul>About usAs 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.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.” This culture is anchored by five core values: we care about clients, people, and societies; we perform with integrity; we act with courage; we encourage open minds; and we thrive through collaboration.

The AVP, Pricing ActuaryThe AVP, Pricing Actuary will be a key member of the US P&amp;C Treaty pricing team supporting business written by the US Casualty Underwriting team. The job responsibilities include but are not limited to pricing US Casualty treaties, advising the local underwriting team on important pricing matters, identifying key drivers impacting the portfolio performance to support the decision-making and drive company growth, leading and conducting market and actuarial projects, regularly contributing to the development of pricing methods and tools, etc. The role can be filled at the VP, Senior Pricing Actuary level depending on the experience and background of the candidate.Responsibilities<ul><li>Work closely with US casualty underwriters to analyze and price reinsurance contracts, quantify the impact of contract features, provide an understanding of the key risk loss drivers, and advise them on key pricing related issues.</li><li>Participate in or lead projects to update pricing parameters including loss trends, rate changes, loss development factors, exposure curves, etc.</li><li>Assist in studies to improve pricing methodology, enhance the efficiency of pricing processes, and apply sound actuarial judgement to help achieve long term profitability for US casualty and SCOR.</li><li>Perform market studies to stay on top of key emerging trends and incorporate into pricing parameters and analyses.</li><li>Mentor, train and review the work of more junior pricing actuaries.</li><li>Participating in various cross functional teams and projects and providing best actuarial practices.</li><li>Participating in broker and client visits, audits, and renewal meetings.</li></ul>Qualifications<ul><li>5+ years of experience in (re)insurance pricing with strong background in Umbrella, Excess Casualty, General Liability and Commercial Auto lines.</li><li>Prior experience in commercial property pricing and/or cat modeling would be a plus.</li><li>Proficiency in Excel, SQL and experience in R, Python or similar.</li><li>Strong analytical skills and ability to manipulate or handle large datasets.</li><li>Highly motivated and driven individual with excellent analytical and problem-solving skills.</li><li>Self-starting individual and excellent team player who has the maturity to work with a diverse group of personalities.</li><li>Effective written and oral communication skills and ability to explain complex issues to non-technical audiences.</li><li>Strong organizational and time management skills required.</li><li>Expert Excel and database skills a must.</li><li>Experience with statistical or programming languages desired.</li></ul>Required Education:<ul><li>Excellent academic qualifications including a minimum of a bachelor’s degree in mathematics, actuarial science, economics, statistics or other science disciplines such as engineering or physics.</li><li>Actuarial background / successful completion of CAS Actuarial exams highly desired.</li></ul>About usAs 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 &amp; 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.

The pricing exercise is a complex analytical process requiring technical expertise and judgement. Cedent loss history, modelled results, market knowledge and individual account characteristics must be weighed and a final range of outcomes and point estimate of account profitability are arrived upon.This process is ideally a collaboration between the pricer and the underwriter to establish a consistent and wholistic view of the client and the reinsurance contract and how it fits into the overall reinsurance portfolio.In addition, the individual will participate in projects to help shape and define the company’s view of risk in the region. This will involve research and analysis around the topics of economic trends, social inflation, portfolio profitability monitoring, etc. This will be done collaboratively with experts in the team and stakeholders throughout the company including the Cat pricing team, reserving, underwriting, business analytics and more.ResponsibilitiesKey duties and responsibilities<ul><li>Participate in the renewal pricing workflow process and ensure stakeholder needs (underwriters, business analysts, retro, accumulation) are met accurately and efficiently</li><li>Perform individual reinsurance deal pricing analyses and collaborate with underwriters to understand the client and form a view of risk</li><li>Meet with clients and brokers. Participate in underwriting audits. Communicate SCOR’s view of risk to internal and external stakeholders</li><li>Complete annual parameter studies and updates for Global pricing models</li><li>Monitor profitability of the portfolio. Adjust parameters and methodologies accordingly</li><li>Complete segment analyses, industry studies, and other various actuarial related projects and studies as needed.</li><li>Collaborate closely with the natural catastrophe pricing team on topics of common interest, in particular pricing provisions and methodologies for convective storm and hurricane losses</li><li>Work with stakeholders globally to design automated and semi-automated processes to deliver our work product more efficiently</li><li>Define appropriate experience rating and cedent-specific model adjustment methodologies to tailor treaty loss analyses to the specific risk</li><li>Implement tools, methods, and processes to allow low/medium risk reinsurance treaties to be priced and analyzed in a streamlined way</li></ul>QualificationsRequired experience &amp; competencies<ul><li>Minimum of 10 years of P&amp;C actuarial experience</li><li>Reinsurance or large account pricing experience</li><li>Knowledge of US property business including, homeowners, commercial property, inland marine, industrial and energy exposures</li><li>Familiarity with CAT modelling principles and data structures</li><li>Good communication skills, able to structure an argument and ability to explain complex issues simply</li><li>Experience managing pricing for a property portfolio a plus</li><li>Team player interested in sharing expertise</li><li>Strong technical and problem-solving skills</li><li>Strong background in statistical analysis a plus</li><li>Strong Excel skills required</li><li>Able to learn new data and digital tools as needed</li><li>Understand data capture, storage and analysis techniques, e.g. SQL, Python, R</li></ul>Required Education<ul><li>Minimum BS in Actuarial Science, Mathematics or Statistics</li><li>Master’s Degree in Actuarial Science, Mathematics or Statistics preferred</li><li>Fellow of the Casualty Actuarial Society or equivalent</li></ul>About usSCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Leveraging experience and expertise to deliver “The Art &amp; Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – from Life &amp; Health and Property &amp; Casualty insurance to Investments. Our specialized teams operate in over 160 countries, fostering long-term relationships with clients.In order to provide our clients with a broad range of innovative reinsurance solutions, SCOR pursues an underwriting policy that is founded on profitability and supported by effective risk management strategy and a prudent investment policy. This approach allows us to offer clients an optimum level of security, to create value for shareholders, and to contribute to the welfare and resilience of society by helping to protect insureds against the risks they face.At SCOR, we believe that employing people from different backgrounds and ensuring inclusivity is a major driving force for the success of the Group. We are committed to fostering a work environment in which all employees are treated fairly and respectfully, have equal access to opportunities and resources, and can contribute fully to SCOR’s success.

The Associate ActuaryThe Associate Actuary will serve as a key member of the Americas P&amp;C Actuarial Reserving team, providing insightful projections of reserve balances in a collaborative environment. She/he will work closely with Finance, Claims, Pricing, and Underwriting business partners to deliver best-in-class reserve estimates and associated insights. She/he will ensure accuracy in the quarter close balances under all applicable accounting standards (US STAT, SII, IFRS17) and will seek to drive process improvements and efficiencies.In addition to the above, the Associate Actuary will work closely with the Sr. Reserving Actuary to develop materials for internal meetings to detail and communicate reserving indications. The incumbent will also support the Chief Actuary, SCOR US to develop materials for SCOR’s independent Board of Directors, provide support for the annual Statement of Actuarial Opinion, and assist with audit compliance.Responsibilities<ul><li>Perform reserving analyses for selected lines of business to include analysis of reserving assumptions (LDFs, ELRs), selection of best estimate indication, development of the reasonable range, and documentation of key assumptions / rationale</li><li>Partner with Financial Accounting and Closing, Underwriting, Claims, and Actuarial Pricing to develop / deliver well-rounded reserve estimates that provide business colleagues and the SCOR US independent Board of Directors with actionable business insights</li><li>Support the quarter close process to ensure accuracy of booked results under all applicable accounting standards</li><li>Collaborate with reserving teams outside of the Americas and with SCOR Group Reserving to improve actuarial practices / drive efficiencies within the Global P&amp;C Reserving community</li><li>Support the statutory filing process including the annual Statement of Actuarial Opinion and associated exhibits / schedules</li><li>Collaborate with auditors, ensuring timely responses to requests and adherence to regulatory compliance</li><li>Perform “deep dive” risk analyses / line of business studies as required</li></ul>Qualifications<ul><li>5+ years of experience in pricing or reserving in an actuarial department of an insurance / reinsurance / consulting company.</li><li>Successful completion of 5+ exams of the Casualty Actuarial Society, or equivalent</li><li>Exposure to (re)insurance concepts with a preference towards commercial lines of business.</li><li>Strong communication skills with the ability to present results to internal and external audiences.</li><li>Experience with US Statutory Reserve Opinions and associated statutory schedules is a plus</li><li>Exposure to US Statutory (re)insurance accounting. Knowledge of / experience with Solvency II and IFRS 17 is a plus.</li><li>Ability to develop / maintain professional relationships across functional areas such as Claims, Underwriting, Financial Accounting, Actuarial Pricing.</li><li>Demonstrated ability to understand numbers, analyze drivers of change, and develop actionable insights for business partners.</li><li>Passionate about process enhancement, suggesting new approaches / techniques to improve the overall reserving product, and drive efficiencies</li><li>Enjoys being a team player, sharing knowledge, and collaborating to achieve team “wins”</li><li>Advanced Microsoft office/Office 365 skills, especially Excel</li><li>Exposure to programming tools such as VBA, R or Python</li><li>Exposure to Tableau or other data visualization tools</li><li>Knowledge of ResQ and SAP BusinessObjects is a plus</li><li>French speaker is a plus</li></ul>About usSCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Leveraging experience and expertise to deliver “The Art &amp; Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – from Life &amp; Health and Property &amp; Casualty insurance to Investments. Our specialized teams operate in over 160 countries, fostering long-term relationships with clients.In order to provide our clients with a broad range of innovative reinsurance solutions, SCOR pursues an underwriting policy that is founded on profitability and supported by effective risk management strategy and a prudent investment policy. This approach allows us to offer clients an optimum level of security, to create value for shareholders, and to contribute to the welfare and resilience of society by helping to protect insureds against the risks they face.At SCOR, we believe that employing people from different backgrounds and ensuring inclusivity is a major driving force for the success of the Group. We are committed to fostering a work environment in which all employees are treated fairly and respectfully, have equal access to opportunities and resources, and can contribute fully to SCOR’s success.

The OpportunityThe Actuarial Intern, based on experience, will work closely with a qualified member of the Americas P&amp;C Actuarial Reserving team, providing projections of reserve balances in a collaborative environment. She/he will also participate in the quarterly close process and work on other projects consistent with candidate abilities and interests as well as Company needs.Responsibilities<ul><li>Assist with reserving analyses for selected lines of business to include analysis of reserving assumptions and selection of best estimate indications</li><li>Support the quarter close process to ensure accuracy of booked results under all applicable accounting standards</li><li>Perform ad doc risk analyses / line of business studies as required</li></ul>QualificationsExperience:<ul><li>Prior internship experience in pricing or reserving in an actuarial department of an insurance / reinsurance / consulting company is a plus</li><li>Successful completion of one or more actuarial exams of the Casualty Actuarial Society, or equivalent credentialing organization</li></ul>Personal Competences:<ul><li>Exposure to (re)insurance concepts with a preference towards commercial lines of business</li><li>Communication skills with the ability to present results to various colleague constituencies</li><li>Ability to develop professional relationships across functional areas such as Claims, Underwriting, Financial Accounting, Actuarial Pricing</li><li>Ability to understand numbers and analyze drivers of change</li><li>Enjoys being a team player and is passionate about learning and sharing knowledge</li><li>Microsoft Office skills, especially Word and Excel</li><li>Exposure to programming tools such as VBA, R or Python is a plus</li><li>Exposure to Tableau or other data visualization tools is a plus</li><li>French speaker is a plus</li></ul>Required EducationBachelor's degree track, preferably in Actuarial Science, Finance, Mathematics, or StatisticsAbout usSCOR’s aim, as a Tier 1 global reinsurance company, is to develop its Life and P&amp;C business lines and provide its clients with value-added solutions. The company pursues an underwriting policy based on profitability and maintains a conservative investment strategy. SCOR is organized around two main businesses, SCOR Global P&amp;C (Property and Casualty reinsurance) and SCOR Global Life (Life reinsurance), plus an asset manager, SCOR Global Investments.SCOR Global P&amp;C and SCOR Global Life are leading global reinsurers, executing an underwriting policy focused on profitability, developing value-added services, and adhering to a cautious financial policy in order to meet the expectations of their clients in terms of security. The Group has a global reach allowing it to serve the interests of all its clients as effectively as possible. The Non-Life and Life sectors provide a diversification benefit and contribute in equal measure to the Group's success, providing it with stability and lowering volatility.The Hub Americas covers the geographic region of North, Central and South Americas. Currently, it consists of 15 offices that represent SCOR as legal entities, branches, and representative/marketing offices and 800+ employees. SCOR Reinsurance Company is the principal US Property &amp; Casualty reinsurance subsidiary of the SCOR Group with approximately $2.7B in annual gross written premium and $1.1B of surplus. US affiliate companies include General Security National Insurance Company (Direct) and General Security Indemnity Company of Arizona (Surplus Lines).

SCOR’s P&amp;C actuarial internship program aims to provide students with insight into the reinsurance and programs industries by working alongside experienced pricing actuaries.Responsibilities<ul><li>Assist with data management in an information accumulation and data reporting role.</li><li>Provide account pricing support to the actuarial team including submission data entry into internal pricing models and loss model set up.</li><li>Perform ad hoc studies and research projects to develop new methodologies or refine existing analyses of SCOR’s portfolio.</li><li>Read and summarize actuarial and insurance texts for inclusion in SCOR knowledge base.</li></ul>Qualifications:<ul><li>Prior internship experience preferred</li><li>Analytically minded with strong communication skills</li><li>Proficient in Excel, VBA, Access</li><li>Comfortable learning new programming languages</li><li>Junior standing in a university Actuarial Science program</li><li>Demonstrated success in passing actuarial exams</li></ul>Pay Range:$20 to $25 an hour pending on exams. Actual internship salaries may vary based on various factors including but not limited to location, role and length of program. About us:SCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Leveraging experience and expertise to deliver “The Art &amp; Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – from Life &amp; Health and Property &amp; Casualty insurance to Investments. Our specialized teams operate in over 160 countries, fostering long-term relationships with clients.In order to provide our clients with a broad range of innovative reinsurance solutions, SCOR pursues an underwriting policy that is founded on profitability and supported by effective risk management strategy and a prudent investment policy. This approach allows us to offer clients an optimum level of security, to create value for shareholders, and to contribute to the welfare and resilience of society by helping to protect insureds against the risks they face.At SCOR, we believe that employing people from different backgrounds and ensuring inclusivity is a major driving force for the success of the Group. We are committed to fostering a work environment in which all employees are treated fairly and respectfully, have equal access to opportunities and resources, and can contribute fully to SCOR’s success.

Strong commercial role supporting the production of pricing analytics including contract pricing, portfolio analysis, management reporting and streamlining of processes.Based in Chicago, this position will be part of a Global team of Actuaries and CAT Modellers for the 4th largest reinsurer in the world. The role-holder will be dedicated to support the US Programs Business team and is expected to liaise directly with underwriting, reserving and other teams to support the growth of the portfolio. Ability to work and think independently is highly recommended to succeed in this roleResponsibilities<ul><li>Principal resource dedicated to price MGA contracts/portfolio for the US Programs Business</li><li>Evaluate partner premium, exposure and loss data and provide technical pricing indications using actuarial principles</li><li>Participate in model evaluation, sensitivity testing and calibration studies</li><li>Remain up to date with industry trends and best practice to adjust parameters and methodologies accordingly to monitor profitability of the portfolio</li><li>Meet with MGA partners and brokers. Participate in underwriting audits. Communicate SCOR's view of risk to internal and external stakeholders.</li><li>Build strong relationships with stakeholders throughout the company and promote the team as a recognized center of excellence for Pricing within the Specialty Insurance Group</li></ul>Qualifications<ul><li>ACAS required, FCAS strongly preferred</li><li>Minimum 3-5 years of P&amp;C Treaty and/or Pricing experience required</li><li>Expert knowledge of Excel and ability to manipulate and format data sets.</li><li>SQL, VBA, R skills advantageous</li><li>Ability to work and think independently required</li><li>Strong organizational and time management skills required</li><li>Effective/clear communicator, able to explain complex issues in a simple way</li><li>Highly motivated and excellent team player</li><li>Degree in a quantitative discipline or related field desired</li></ul>About usSCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Leveraging experience and expertise to deliver “The Art &amp; Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – from Life &amp; Health and Property &amp; Casualty insurance to Investments. Our specialized teams operate in over 160 countries, fostering long-term relationships with clients.In order to provide our clients with a broad range of innovative reinsurance solutions, SCOR pursues an underwriting policy that is founded on profitability and supported by effective risk management strategy and a prudent investment policy. This approach allows us to offer clients an optimum level of security, to create value for shareholders, and to contribute to the welfare and resilience of society by helping to protect insureds against the risks they face.At SCOR, we believe that employing people from different backgrounds and ensuring inclusivity is a major driving force for the success of the Group. We are committed to fostering a work environment in which all employees are treated fairly and respectfully, have equal access to opportunities and resources, and can contribute fully to SCOR’s success.

SCOR ’s P&amp;C actuarial internship program aims to provide students with insight into the reinsurance and programs industries by working alongside experienced pricing actuaries.ResponsibilitiesResponsibilities may include any or all of the following:<ul><li>Assist with data management in an information accumulation and data reporting role.</li><li>Provide account pricing support to the actuarial team including submission data entry into internal pricing models and loss model set up.</li><li>Perform ad hoc studies and research projects to develop new methodologies or refine existing analyses of SCOR&rsquo;s portfolio.</li><li>Read and summarize actuarial and insurance texts for inclusion in SCOR knowledge base.</li></ul>Qualifications<ul><li>Prior internship experience preferred</li><li>Analytically minded with strong communication skills</li><li>Proficient in Excel, VBA, Access</li><li>Comfortable learning new programming languages</li><li>Junior standing in a university Actuarial Science program</li><li>Demonstrated success in passing actuarial exams</li></ul>In compliance with local law, we are disclosing the compensation, or range thereof, for roles that will be performed in New York.Actual internship salaries may vary based on various factors including but not limited to location, role and length of program. Pay Range: $20 to $25 an hour pending on exams.About usSCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Leveraging experience and expertise to deliver “The Art &amp; Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – from Life &amp; Health and Property &amp; Casualty insurance to Investments. Our specialized teams operate in over 160 countries, fostering long-term relationships with clients.In order to provide our clients with a broad range of innovative reinsurance solutions, SCOR pursues an underwriting policy that is founded on profitability and supported by effective risk management strategy and a prudent investment policy. This approach allows us to offer clients an optimum level of security, to create value for shareholders, and to contribute to the welfare and resilience of society by helping to protect insureds against the risks they face.At SCOR, we believe that employing people from different backgrounds and ensuring inclusivity is a major driving force for the success of the Group. We are committed to fostering a work environment in which all employees are treated fairly and respectfully, have equal access to opportunities and resources, and can contribute fully to SCOR’s success.

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