London

Graduate

Part Qualified

Associate

Qualified

Life

Investments

Health

Property & Casualty

Reserving

Reporting

Reinsurance

Risk

Research

Python

Modelling

Data Science

Experience Analysis

Prophet

Coding

Bulk Annuities

Pricing

Machine Learning

Capital

Longevity

Excel

ResQ

Power BI

Contract

Tableau

Microsoft Azure

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

This is an exciting opportunity to join a strong and established team providing Longevity Reinsurance to the UK and international market. With an established leadership team and strong ambitions to grow supported by executive level management, the right candidate will see significant opportunity to progress their career within this exciting segment of the life industry.As the world’s fourth-largest reinsurer, SCOR size and diversification provides an excellent platform for this growth. Our Life and P&amp;C business lines provide the clients with a broad range of reinsurance solutions and independent rating agencies place us among the best-ranked reinsurance companies in the world.SCOR’s Global Longevity team is already a leader in the market. We have developed expertise in the UK de-risking market over the past 10+ years where we have written longevity protection for bulk annuity providers as well as standalone longevity protection for occupational schemes. We have also developed expertise in the individual annuity market with a focus on the use of medical underwriting and our technical knowhow enables us to price longevity for a range of different health conditions at retirement.Our success has not been limited to the UK market as we have also played a pioneering role in international territories in Europe and North America. In joining our team, you will be expected to help us grow from this strong foundation and realize the opportunities in this growing market segment.Responsibilities<ul><li>Tailor solutions that are attractive to SCOR and the client</li><li>Work with the Longevity Pricing Team to ensure the accurate and timely delivery of responses to tender requests</li><li>Ensure that key issues/risks are highlighted early and referred to key stakeholders/functions and management as appropriate</li><li>Ensure that all the internal sign-off processes are adhered to for binding quotes</li><li>Support, and eventually lead, contract negotiation and all other internal and external aspects of execution</li><li>Work closely with Internal and External Legal Counsel to optimise commercial terms for every deal</li><li>Ensure the smooth transition of new deals to the Longevity Inforce team.</li><li>Identify and prioritise new business opportunities in line with SCOR’s longevity strategy.</li><li>Develop and maintain close relationships with potential clients and working partners (e.g. pension consultants, insurers, banks etc) to gain a good understanding of the market landscape and maximise the opportunities of writing profitable new business</li><li>Explore and research opportunities in global markets, building and taking a lead on new relationships for SCOR</li><li>Provide input to innovation and the development of SCOR’s product offering and positioning for longevity including supporting the Head of Longevity Pricing on technical pricing aspects.</li><li>Develop clear understanding of client needs and motivations for longevity de-risking</li><li>Seek opportunities to improve the profile of the Longevity team both internally and externally (e.g. marketing strategy; presentations; articles etc)</li><li>Develop and maintain relationships with internal stakeholders (UK and international) to help secure support of delivery of the longevity strategy</li><li>Maintain records of key meetings and email exchanges with clients</li><li>Co-ordinate internal resources to deliver client and internal commitments involving relevant technical experts as needed</li><li>Working with the inforce management team when requested, support resolution of client issues taking accountof scale of issue and overall business relationship</li><li>Maintain a close relationship with inforce clients and work closely with the Longevity Inforce team to support as needed on day-to-day matters as well as projects</li><li>Understand key aspects of longevity pricing and associated research work</li><li>Build a network across the wider team</li><li>Participate in wider longevity and group projects as needed</li><li>Opportunities to become involved in pricing, research or in-force management will be available and encouraged.</li></ul>Qualifications<ul><li>Clear history of strong client and internal stakeholder management</li><li>Ability to focus on detailed treaty points and maintain ‘big picture’ outlook</li><li>Experience in the life and/or pensions industry and understanding of pensions and annuity landscape and motivations for de-risking</li><li>Proven project management skills</li><li>Proven success of business development in life and/or pensions industry in either insurance, reinsurance or consultancy environment (Desirable)</li><li>Life Reinsurance experience (Desirable)</li><li>Longevity treaty experience (Desirable)</li><li>Recent bulk annuity and longevity market experience (Desirable)</li><li>Enthusiasm and willingness to learn</li><li>Excellent communication (including written and verbal presentation) and interpersonal skills</li><li>Excellent commercial awareness combined with sound actuarial judgement to produce saleable longevity reinsurance solutions that meet client needs and SCOR’s requirements</li><li>Strong interest in developing new and innovative solutions</li><li>Client focused and able to communicate effectively in client meetings</li><li>Self-motivated</li><li>Team player</li><li>Evidence of prior academic achievement. Actuarial qualifications useful but not required</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.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.

Job Specification<ul><li>Contribute appropriately to internal and external client responses</li><li>Owning and pro-actively maintaining and improving the team’s pricing tools and processes to optimise efficiency and risk management</li><li>Mitigate and work to reduce operational risk in all areas of the team’s work</li></ul>Client responseAbility to perform all areas of client responses including ad hoc client work and tender responses.This will include production of the required output within agreed timeframes with appropriate levels of self-checking, with full and accurate documentation. It will also include where appropriate required communication to the client including the preparation and carrying out of presentations. This refers to clients within SCOR (e.g. the marketing team) and external.Output may include: premium rates, claims experience analysis, lapse experience analysis, CI condition pricing, basis items. Work will be appropriately documented including caveats, limitations and proposals for further investigations. Agreeing the scope of all work and challenging scope creep.Best estimate assumption changesImpact testing and implementation of new best estimate assumption guidelines on all relevant pricing toolsStandardisation and improvement of pricing toolsThe use of appropriate software and coding techniques to keep the UK pricing process as efficient as possible.Identifying and scoping process and tool updates to achieve increased efficiency and reduce operational risk with regard to resource availability (e.g. adopting an MVP mindset)Ongoing tool maintenance and improvements to team tools – scoping, building and designing testing for these improvementsIntegration of ad hoc work into standard pricing tools and processesERMSelf-checking and communication of limitations of workIdentification and communication of areas where pricing guidelines aren’t followedFull and appropriate documentationChallenging approaches in the team that increase operational riskKnowledge sharingContributing to team meetings and enhancing the knowledge of the teamBringing new industry or technical knowledge to the team through contacts within the company or from outside.ResponsibilitiesClient response<ul><li>Ability to perform all areas of client responses including ad hoc client work and tender responses.</li><li>This will include production of the required output within agreed timeframes with appropriate levels of self-checking, with full and accurate documentation. It will also include where appropriate required communication to the client including the preparation and carrying out of presentations. This refers to clients within SCOR (e.g. the marketing team) and external.</li><li>Output may include: premium rates, claims experience analysis, lapse experience analysis, CI condition pricing, basis items. Work will be appropriately documented including caveats, limitations and proposals for further investigations.</li><li>Agreeing the scope of all work and challenging scope creep.</li></ul>Best estimate assumption changes<ul><li>Impact testing and implementation of new best estimate assumption guidelines on all relevant pricing tools</li></ul>Standardisation and improvement of pricing tools<ul><li>The use of appropriate software and coding techniques to keep the UK pricing process as efficient as possible.</li><li>Identifying and scoping process and tool updates to achieve increased efficiency and reduce operational risk with regard to resource availability (e.g. adopting an MVP mindset)</li><li>Ongoing tool maintenance and improvements to team tools – scoping, building and designing testing for these improvements</li><li>Integration of ad hoc work into standard pricing tools and processes</li></ul>ERM<ul><li>Self-checking and communication of limitations of work</li><li>Identification and communication of areas where pricing guidelines aren’t followed</li><li>Full and appropriate documentation</li><li>Challenging approaches in the team that increase operational risk</li></ul>Knowledge sharing<ul><li>Contributing to team meetings and enhancing the knowledge of the team</li><li>Bringing new industry or technical knowledge to the team through contacts within the company or from outside.</li></ul>QualificationsRequired education<ul><li>Graduates with a relevant degree or equivalent</li><li>Ideally making good progress with actuarial exams or with the ability to make good progress (if not started)</li><li>May be suitable candidates with relevant degree not taking exams who have data analysis capabilities</li></ul>Required experience &amp; competenciesExperience:Essential:<ul><li>Knowledge of Python or statistical analysis language e.g. R</li><li>Familiarity with data visualisation packages e.g Tableau, PowerBI</li></ul>Desirable:<ul><li>Familiarity with web-based notebook documentation e.g Jupyter notebooks</li><li>Understanding of project management including use of packages such as Azure Devops</li></ul>Personal CompetenciesEssential:<ul><li>Knowledge of statistical analysis and data science techniques.</li><li>Ability to take ownership for your own work and time</li><li>Collaboration</li><li>Excellent formal and informal communication skills</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 position is in the Actuarial Pricing team, supporting the analysis of Treaty and SCOR Underwriting Limited’s Lloyd’s business. The position holder will be actively studying for a recognised actuarial qualification.Responsibilities:<ul><li>Provide pricing support to actuaries and underwriters in accordance with pricing guidelines</li><li>Ensure data is handled accurately in a timely and consistent manner</li><li>Participate in portfolio monitoring and analyses</li><li>Active team member in class of business studies</li><li>Provide input to projects and global actuarial projects as required</li><li>Support development and testing of pricing tools.</li></ul>Qualifications:<ul><li>The ideal candidate will have gained some actuarial work experience in insurance/reinsurance or mathematical modelling</li><li>Experience of participation in projects and teams</li></ul>Personal Competences:<ul><li>Familiarity with standard Microsoft Office applications such as Excel, Word and PowerPoint</li><li>Excellent analytical skills with attention to detail</li><li>Able to communicate clearly and concisely, verbally and in writing</li><li>Collaborative team‐player spirit with experience of project participation</li><li>Ability to work effectively with minimal supervision</li><li>Self‐starter/motivator and creative</li><li>Interest in data science with preference given to programming capability and experience of Python, SQL or VBA.</li></ul>Required Education:University degree in mathematics, economics or related field or equivalentWillingness to attain a professional actuarial designationAbout 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.

This role will support the team in acquiring new business and monitoring its experience and profitability when in-force. The successful candidate will be involved in supporting the pricing for longevity tenders, undertaking analysis to support research into longevity pricing bases and tools, as well as supporting the management of the in-force portfolio.Working across a number of areas within the wider team will help develop a breadth of knowledge and skills of the overall Business as well as the tools and processes used. Over time there will the flexibility to specialise, depending on specific interests.The post holder will be expected to support the senior team in front of clients and other stakeholders, and so will require excellent communication skills and a professional and confident presence.Responsibilities<ul><li>Review and analyse data provided by cedant and highlight any issues that may delay quote production</li><li>Carry out mortality analysis on client data and suggest quote pricing basis</li><li>Ensure pricing basis conforms with SCOR Global Life annuity pricing guidelines and suggest appropriate adjustments where required</li><li>Produce accurate rates within specified timeframes and accurate documentation to support quotes</li><li>Assist in the development and maintenance of longevity pricing tools</li><li>Undertake analysis in order to contribute to the ongoing innovation of longevity pricing bases and tools</li><li>Develop and maintain a good understanding of the risks of longevity business</li><li>Assisting the Administration teams in reconciling and troubleshooting the more complex aspects of the regular accounts</li><li>Assisting in modelling the inforce blocks of business</li><li>Understanding, building and adaption of complex macro-driven premium and annuity claims calculation tools</li><li>Understanding and use of Excel tools that determine the current collateral exposures of SCOR and clients under the terms of the swaps</li><li>Inforce analyses of inforce deals for the purpose of setting future valuation assumptions, refining future pricing bases and spotting potential treaty breaches and irregularities</li><li>Produce Management Information (MI) and Key Performance Indicators (KPIs) on the in-force business</li><li>Building and automating the in-force management processes</li><li>Standardise and modernise the in-force management processes and tools</li><li>Support the Longevity Account Managers in resolving issues with clients in a constructive manner, valuing the importance of our long-term relationships</li><li>Build relationships across the inforce community of our market</li></ul>Experience:Some previous numerical experience is desirableNecessary Skills:<ul><li>Ability to problem solve</li><li>Excellent communication (written and oral)</li><li>Professional and confident presence</li></ul>Digital Competencies: Computer literacy with special focus on Microsoft Word (Intermediate), PowerPoint (Intermediate) and Excel (Intermediate - familiarity of formulas such as “IF”, “VLOOKUP”, “INDEX”, “MATCH”, “SUMPRODUCT”, “MEDIAN”, “YEARFRAC”)Required Education: Undergraduate degreeIf this sounds like the right opportunity for you and you are keen to commence your Actuarial Career with a leading reinsurer who will support you in your studies then please apply today.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.

Job DescriptionSCOR’s Global Longevity team is already a leader in the longevity reinsurance market. We have developed expertise in the UK bulk de-risking market over the past decade providing longevity protection to insurers and pension schemes to help them keep their financial promises to annuitants and pensioners.We have also developed expertise in the individual annuity market with a focus on the use of medical underwriting and our technical knowhow enables us to price longevity for a range of different health conditions at retirement. Our success has not been limited to the UK market as we have also played a pioneering role in international territories in Europe and North America.<ul><li>Contributing to all aspects of understanding, pricing and managing longevity reinsurance risks, enhancing SGL Global Longevity team’s ability to write profitable new business.</li><li>Lead the production of technical pricing for Longevity tenders which includes experienced analysis, proposal of basis, rate production, KPI metrics, and supporting documentation.</li><li>Support the Head of Pricing on business referrals with Group sign-off teams based in Paris, Cologne and Ireland.</li><li>Support new business execution.</li><li>Lead the technical development of new products/ propositions.</li><li>Manage the maintenance and development of Longevity pricing processes and tools.</li><li>Lead or support research and ad-hoc projects.</li><li>Assist in the development of junior team members.</li></ul>Responsibilities<ul><li>Lead the production of quote tenders including the production of quote pricing basis (base table, improvements, marriage assumptions and KPI metrics).</li><li>Produce accurate rates within specified timeframes and accurate documentation to support quotes.</li><li>Ensure pricing basis conforms with SCOR Global Life Annuity pricing guidelines and that key pricing issues/ risks are highlighted early.</li><li>Support new business execution.</li></ul><ul><li>Manage the maintenance and development of Longevity pricing processes and tools to improve the accuracy, efficiency and insight gained from process outputs.</li><li>Pro-actively suggest improvements to the pricing processes and tools.</li><li>Ensure process updates are managed in a compliant and documented manner.</li></ul><ul><li>Lead the technical development of new products/ propositions.</li></ul><ul><li>Lead/ assist Longevity research projects.</li><li>Assist ongoing innovation of pricing basis which enable SCOR to write profitable new business and develop its product offering.</li></ul><ul><li>Develop client and internal relationships and provide excellent customer service, to help deliver the Longevity team’s objectives.</li><li>Promote team’s technical expertise, internally and externally, help develop team member and educate internal non specialists as necessary.</li></ul>Qualifications<ul><li>Qualified Actuary.</li><li>Educated to degree level with excellent academic track record or equivalent experience.</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.

A new position has arisen for a 23 month contract for a graduate trainee actuary within the Innovation department but may also be required to support pricing and research activities. The role is expected to give exposure to the team’s larger data projects which will involve data analytics, programming, and machine learning techniques.As part of this role, the successful candidate will work with all areas within SCOR Global Life UK to obtain new business and to aid the development of new market initiatives to deliver profitable business. The team also provides opportunities to work with members of the global SCOR team as well.Responsibilities<ul><li>Analyse data provided by clients, to suggest pricing bases for quotes and product development or to provide information for the commercial decisions of our clients</li><li>Analyse internal data to contribute to MI, profitability analysis, client management and research</li><li>Identify appropriate external research and derive analyses from external data sets</li><li>Contribute to SCOR’s research activities and ad-hoc opportunities as required</li><li>Produce accurate documentation of research work carried out and help write reports and presentations to communicate findings both internally and externally</li><li>Support the development of large internal databases at the centre of the firm’s long term data strategy</li><li>Learn, develop and deploy the necessary techniques and tools required to analyse large datasets for commercial insight</li><li>Develop relationships and provide excellent customer service, both internally and externally to help deliver the company’s brand/plans</li><li>Pro-actively consider different ways of doing things to improve efficiency</li><li>Present suggestions to develop new business opportunities</li></ul>Qualifications<ul><li>Graduate with relevant degree</li><li>Making good progress with the actuarial exams or has recently qualified</li><li>Some knowledge of Python or R</li><li>Familiarity with data visualisation packages such as PowerBi or tableau</li><li>Experience of working both within a team and as a self-motivated individual</li><li>Knowledge of Actuarial Modelling tools (Desirable)</li><li>Familiarity with project management tools e.g. Azure Devops (Desirable)</li></ul>Other Competences:<ul><li>Knowledge of statistical analysis and data science techniques.</li><li>Ability to take ownership for your own work and time</li><li>Collaboration</li><li>Excellent formal and informal communication skills</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 job holder will be a key member of the SGP&amp;C Specialty Insurance Single Risks Pricing team supporting business written by SCOR (including SCOR Syndicate) with particular focus on short-tail lines.The work includes pricing of key individual accounts, working with Underwriters, developing and maintaining pricing models, conducting pricing related analyses and any other ad-hoc reporting requirements. The job holder will also represent Specialty Insurance Single Risk Pricing Team in any ongoing and future global projects.Responsibilities<ul><li>Develop and enhance direct &amp; facultative pricing tools and methodology in conjunction with Underwriters, Underwriting Management, CTO and the Specialty Insurance Methods and Tools team. </li></ul><ul><li>Ensure pricing models are appropriately calibrated and used appropriately by Underwriters, including rate change calculation. </li><li>Maintenance of existing pricing tools including technical documentation / specifications / change parameter documentation (including impact analysis).</li><li>Be a core contributor to the long term objective of the Single Risk Pricing Team by helping to implement a more innovative and data driven approach to their pricing processes with pricing model development on two web-based platforms: Underwriting Platform (UP), an internal web-based application designed to be a submission to bind tool for underwriters to write risks, and Renew, a third-party software as a service (SaaS) platform for developing and deploying Python pricing models.</li><li>Actively build relationship with Underwriters and assist in change management (including training) when onboarding Underwriters on to new pricing tools or platforms.</li><li>Contribute and manage the annual planning (profitability) review of portfolio (deep-dive) by considering combined ratios, rate levels, inflationary effects, and class of business mix for Specialty Insurance (including SCOR Syndicate), which includes production of the Actuarial Function Report required as part of the SCOR Syndicate SBF process.</li><li>Manage and contribute to the annual capital model parametrisation process (Underwriting / Premium Risk), which is concluded in conjunction with Group Risk Management, Capital Modelling Team, and Underwriters. </li><li>Development and maintenance of dashboards and various management information</li><li>Price and analyse any outwards RI programme related to Specialty Single-Risk.</li></ul>Reporting:<ul><li>Contribute to various regulatory tasks such as the Lloyd&rsquo;s Performance Management Data Return (PMDR)</li><li>Regular monitoring and feedback of Underwriter Adjustments, plus pricing strength (adequacy) against the long-term profitability targets.</li><li>Any other ad-hoc reporting requirements.</li></ul>Projects &amp; Consulting: <ul><li>Provide actuarial consulting during exploration of new projects.</li><li>Assist with on-going underwriting projects (developing pricing requirements, systems testing, etc.) or any other ad-hoc projects</li></ul>Pricing and review key individual accounts:<ul><li>Analyse and pricing of individual short tail single-risk accounts typically with complex features or high premium.</li><li>Conduct pricing reviews on accounts with high and extreme materiality to ensure that all accounts priced adheres to appropriate pricing review process as defined in Specialty Insurance Pricing Guidelines</li></ul>QualificationsExperience: <ul><li>Proven pricing experience in P&amp;C insurance with recent Lloyd&rsquo;s / London Market experience.</li><li>Several years of P&amp;C pricing experience and a Fellow of any recognised actuarial organisation.</li><li>Good working knowledge of capital modelling and reserving processes and techniques.</li><li>Strong analytical skills and ability to manipulate or handle large datasets.</li><li>Significant experience using R, Python, R-Shiny, or any other programming languages in commercial environment.</li></ul>Personal Competencies:<ul><li>Highly motivated and driven individual with excellent analytical and problem-solving skills</li><li>Effective communication and collaboration skills with excellent interpersonal verbal and written skills that enables the candidate to communicate with colleagues from non-actuarial team</li><li>Strong organisational and time management skills required</li><li>Self-starting individual and excellent team player</li><li>Stays up to date with new/emerging knowledge in actuarial pricing as well as in respect of major market and underwriting related issues. </li><li>Has a commercial outlook but with a principled stand where required and contributes to create viable and innovative solutions that outperform competitors and differentiates SCOR.</li></ul>Education:<ul><li>Qualified actuary from a recognised actuarial organisation or equivalent qualifications </li><li>Degree in Mathematics, Actuarial Science or any other scientific discipline (Statistics, Physics, etc.) or equivalence </li></ul>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.

The job holder will be a member of the SGP&amp;C Specialty Insurance Single Risks Pricing team supporting business written by SCOR Business Solutions (SBS) and SCOR Syndicate with particular focus on short tail business. The work includes day to day case pricing, working with Underwriters and the Specialty Insurance Methods and Tools team on developing and maintaining pricing models, providing analyses and management information reports.Responsibilities<ul><li>Develop and enhance direct &amp; facultative pricing tools in conjunction with Underwriters, Underwriting Management, CTO and the Methods and Tools team. </li><li>Ensure pricing models are appropriately calibrated and used correctly by Underwriters, including rate change calculation.</li><li>Maintenance of existing pricing tools including technical documentation / specifications / change parameter documentation (including impact analysis).</li><li>Be a core contributor to the long term objective of the Single Risk Pricing Team by helping to implement a more innovative and data driven approach to their pricing processes with pricing model development on two web-based platforms: Underwriting Platform (UP), an internal web-based application designed to be a submission to bind tool for underwriters to write risks, and Renew, a third-party software as a service (SaaS) platform for developing and deploying Python pricing models.</li></ul>Portfolio analysis, planning and parameterisation: <ul><li>Review the profitability of portfolio (deep-dive) by considering combined ratios, rate levels, inflationary effects and class of business mix for Specialty Insurance and legal entities</li><li>Development and maintenance of dashboards and various management information. </li><li>Provide insights through market analysis and trend reports to management and other relevant functions including finance, reserving, risk management, financial modelling and external reporting.</li></ul>Projects &amp; Consulting: <ul><li>Provide actuarial consulting during exploration of new projects.</li><li>Assist with on-going underwriting projects (developing pricing requirements, systems testing, etc.) or any other ad-hoc projects.</li></ul>Pricing key individual accounts: <ul><li>Review, analyse or price individual property single-risk accounts typically with complex features or high premium.</li><li>Provide assistance to Portfolios Team during busy periods (such as the 01-Jan renewal season) by pricing binder accounts. </li><li>Ensure that all accounts priced adheres to appropriate pricing peer review process as defined in Specialty Insurance Pricing Guidelines.</li></ul>Reporting:<ul><li>Regular monitoring and feedback of Underwriter Adjustments, plus pricing strength (adequacy) against the long-term profitability targets.</li><li>Any other ad-hoc reporting requirements.</li></ul>Required experience &amp; competenciesExperience: <ul><li>Pricing experience in P&amp;C insurance with recent Lloyd&rsquo;s / London Market experience is desirable but not compulsory.</li><li>Working knowledge of capital modelling and reserving processes and techniques</li><li>Strong analytical skills and ability to manipulate or handle large datasets</li><li>Experience using R, Python, R-Shiny, or any other programming languages in commercial environment</li></ul>Personal Competencies:<ul><li>Effective communication and collaboration skills with excellent interpersonal verbal and written skills that enables the candidate to communicate with colleagues from non-actuarial team</li><li>Stays up to date with new/emerging knowledge in actuarial pricing as well as in respect of major market and underwriting related issues.</li><li>Has a commercial outlook but with a principled stand where required and contributes to create viable and innovative solutions that outperform competitors and differentiates SCOR.</li></ul>
Required Education and Qualifications<ul><li>Degree in Mathematics, Actuarial Science, other scientific discipline (statistics, physics, etc.), or Finance</li><li>Part qualified / student actuary from a recognised actuarial organisation </li></ul>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.

The Global Pricing team provides support and controls to the pricing functions of SCOR L&amp;H macro-markets. The team’s responsibilities include setting pricing and assumption methodology, sharing expertise, ensuring good practices and quality controls and supporting wider Business Unit strategy. Global Pricing work closely with UW Risk management and Med Underwriting and Claims teams contributing to Business Acceptance decisions. Global Pricing have the final responsibility for approval of the best estimate assumptions used in pricing and for the guidelines followed by local teams. This means supporting research work and providing a view of its appropriateness for live pricing. This represents the key expected contribution from the holder of this role. The role holder would also support local pricing teams with expert advice and contribute to the review of referred pricing for deals that exceed local authorities.Global Pricing is a senior team of experienced pricing actuaries. The role doesn’t have direct people management responsibilities. However, accepting management responsibility is expected of all team members at times on a project-by-project basis.ResponsibilitiesThere are a large number of pricing guidelines and core pricing assumptions covering multiple risks in multiple markets. There is a rolling need to keep assumptions and guidelines up to date and fit for purpose which requires coordination and prioritization as well as technical input.In respect of the primary assumption and guideline review responsibilities, you will:<ul><li>Prioritize updates of best estimate assumption reviews based on market needs and taking a risk based view on the need for updates. Play a role in coordinating the update, including mobilizing research and local teams where needed.</li><li>Engage with the local and research teams during the review itself providing technical input – checking for reasonableness and adequacy of approach and forming the documented pricing view on the reviewed assumption. Challenge the approach where needed.</li><li>Share experience of other reviews and connect people to ensure a coordinated and best practice approach to assumption and guideline review between markets.</li><li>Work with IT and associated teams to manage the guideline platform (‘xWiki’) to maintain guidelines and manage signoffs.</li></ul>In addition, you may be called upon to support local teams with review of referred pricing cases and to contribute to the overall Global Pricing objectives:<ul><li>Help form the official opinion of the Pricing Function on deals referred to the global level and contribute with Underwriting Risk management to form a business acceptance view. </li><li>Participate in the organization and optimization of the Global Referral process, in coordination with Underwriting Risk Management. </li><li>Participate in the animation of the Referral Community in coordination with Life UW Risk Management, by sharing best practice and learnings and provide updates on the developments related to referral processes and activities.</li><li>Lead or participate in the cross-review pricing workstream as required. </li><li>Participate in the animation of the Pricing Function Community (~130 Pricing Actuaries worldwide) in terms of news communication, best practice sharing, know how transfer, etc. Due to its global nature and perspective, Global Pricing team is in the best position to analyse and spread original ideas within the organisation.</li><li>Aide with regular updates of the Pricing methodology to align with strategic plans and market needs. Follow up the publication on new methodology, with support on implementation to local teams.</li></ul>Global Pricing MandateAll members of the Global Pricing team are expected to further the wider objectives of the team. The mandates of the Global Pricing team are:<ol><li>To collect and share pricing expertise</li><li>Ensure good practices and quality of pricing processes</li><li>Set appropriate pricing methodology</li><li>Support wider business acceptance considerations</li><li>Support framework for assumption derivations and pricing guidelines</li><li>Facilitate SCOR L&amp;H vision and strategy from a pricing perspective</li><li>Support development of processes to reduce operational risk in pricing</li><li>Provide expertise and support for large and complex deals</li><li>All team members may be required to assist in above areas from time to time, even where outside of their core responsibilities.</li></ol>QualificationsExperiences<ul><li>Extensive experience in the international Insurance/Reinsurance industry, with significant experience in a research or technical pricing role</li><li>Management/project management experience </li><li>Experience of multiple markets and products would be an advantage, especially pricing of Longevity or Financial Solutions deals</li><li>Strong appetite and proven ability to work in an international context with cross-team collaboration.</li></ul>Competencies<ul><li>Open-minded</li><li>Result oriented</li><li>Autonomous, organized and rigorous </li><li>Communication skills (especially in a complex context)</li></ul>Education<ul><li>Actuarial qualification and certification up to date, or equivalence </li><li>Data science experience is a plus</li><li>Knowledge of Python is a plus</li></ul>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. Ability to work and think independently is essential to succeed in this role. Based in London, this position will be part of a Global team of Actuaries and CAT Modellers for the 4th largest reinsurer in the world.Responsibilities<ul><li>Price MGA / binders contracts for EMEA Portfolios.</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/binders 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><li>Engage in cross functional deep dives to evaluate and assess the performance of particular MGAs/set of MGAs.</li><li>Train &amp; support junior members of the team.</li></ul>Qualifications<ul><li>Proven pricing experience in P&amp;C insurance/reinsurance with recent Lloyd’s / London Market experience.</li><li>Expert knowledge of Excel and ability to manipulate and format data sets.</li><li>SQL, VBA, R, Python skills advantageous</li><li>Any CAT modelling experience will be advantageous.</li></ul>Personal Competencies:<ul><li>Highly motivated and driven individual with excellent analytical and problem-solving skills.</li><li>Effective communication and collaboration skills with excellent interpersonal verbal and written skills that enables the candidate to communicate with colleagues from non-actuarial team.</li><li>Strong organisational and time management skills required.</li><li>Self-starting individual and excellent team player.</li><li>Stays up to date with new/emerging knowledge in actuarial pricing as well as in respect of major market and underwriting related issues. </li><li>Has a commercial outlook but with a principled stand where required and contributes to create viable and innovative solutions that outperform competitors and differentiates SCOR.</li></ul>Required Education <ul><li>Sound experience of P&amp;C pricing experience and a Qualified actuary from a recognised actuarial organisation.</li><li>Degree in Mathematics, Actuarial Science or any other scientific discipline (statistics, physics, etc.).</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.

Job DescriptionThis role will support the team in acquiring new business and monitoring its experience and profitability when in-force. The successful candidate will be involved in supporting the pricing for longevity tenders, undertaking analysis to support research into longevity pricing bases and tools, as well as supporting the management of the in-force portfolio. Working across a number of areas within the wider team will help develop a breadth of knowledge and skills of the overall Business as well as the tools and processes used. Over time there will the flexibility to specialise, depending on specific interests.The post holder will be expected to support the senior team in front of clients and other stakeholders, and so will require excellent communication skills and a professional and confident presence.ResponsibilitiesThe Trainee Actuary will be exposed to a wide range of tasks across the whole team including:<ul><li>Quote Production<ul><li>Review and analyse data provided by cedant and highlight any issues that may delay quote production</li><li>Carry out mortality analysis on client data and suggest quote pricing basis</li><li>Ensure pricing basis conforms with SCOR Global Life annuity pricing guidelines and suggest appropriate adjustments where required</li><li>Produce accurate rates within specified timeframes and accurate documentation to support quotes</li><li>Assist in the development and maintenance of longevity pricing tools</li></ul></li><li>Research<ul><li>Undertake analysis in order to contribute to the ongoing innovation of longevity pricing bases and tools</li><li>Develop and maintain a good understanding of the risks of longevity business</li></ul></li><li>In Force Management<ul><li>Assisting the Administration teams in reconciling and troubleshooting the more complex aspects of the regular accounts.</li><li>Assisting in modelling the inforce blocks of business</li><li>Understanding, building and adaption of complex macro-driven premium and annuity claims calculation tools</li><li>Understanding and use of Excel tools that determine the current collateral exposures of SCOR and clients under the terms of the swaps</li><li>Inforce analyses of inforce deals for the purpose of setting future valuation assumptions, refining future pricing bases and spotting potential treaty breaches and irregularities.</li><li>Produce Management Information (MI) and Key Performance Indicators (KPIs) on the in-force business</li><li>Building and automating the in-force management processes</li><li>Standardise and modernise the in-force management processes and tools</li></ul></li><li>Client management<ul><li>Support the Longevity Account Managers in resolving issues with clients in a constructive manner, valuing the importance of our long-term relationships</li><li>Build relationships across the inforce community of our market</li></ul></li></ul>Necessary Skills:<ul><li>Ability to problem solve</li><li>Excellent communication (written and oral)</li><li>Professional and confident presence</li></ul>Digital Competencies:Computer literacy with special focus on Microsoft Word (Intermediate), PowerPoint (Intermediate) and Excel (Intermediate - familiarity of formulas such as “IF”, “VLOOKUP”, “INDEX”, “MATCH”, “SUMPRODUCT”, “MEDIAN”, “YEARFRAC”)If this sounds like the right opportunity for you and you are keen to commence your Actuarial Career with a leading reinsurer who will support you in your studies then please submit yourCV to us today.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.

Job Description<ul><li>Contribute appropriately to internal and external client responses including following control processes, identifying and minimising operational risk and appropriately managing your own time</li><li>Mitigate and work to reduce operational risk in all areas of the team’s work</li><li>Contribute to a positive team culture focussed on making SCOR the best place to work and protection pricing the best team to work for.</li></ul>ResponsibilitiesClient response<ul><li>Ability to perform all areas of client responses including ad hoc client work and tender responses.</li><li>This will include production of the required output within agreed timeframes with appropriate levels of self-checking, with full and accurate documentation. It will also include where appropriate required communication to the client including the preparation and carrying out of presentations. This refers to clients within SCOR (e.g. the marketing team) and external.</li><li>Output may include: premium rates, claims experience analysis, lapse experience analysis, CI condition pricing, basis items. Work will be appropriately documented including caveats, limitations and proposals for further investigations.</li><li>Agreeing the scope of all work and challenging scope creep.</li></ul>Best estimate assumption changes<ul><li>Impact testing and implementation of new best estimate assumption guidelines on all relevant pricing tools</li><li>Standardisation and improvement of pricing tools</li><li>The use of appropriate software and coding techniques to keep the UK pricing process as efficient as possible.</li><li>Identifying and scoping process and tool updates to achieve increased efficiency and reduce operational risk with regard to resource availability (e.g. adopting an MVP mindset)</li><li>Ongoing tool maintenance and improvements to team tools – scoping, building and designing testing for these improvements</li><li>Integration of ad hoc work into standard pricing tools and processes</li></ul>ERM<ul><li>Self-checking and communication of limitations of work</li><li>Identification and communication of areas where pricing guidelines aren’t followed</li><li>Full and appropriate documentation</li><li>Challenging approaches in the team that increase operational risk</li></ul>Knowledge sharing<ul><li>Contributing to team meetings and enhancing the knowledge of the team</li><li>Bringing new industry or technical knowledge to the team through contacts within the company or from outside.</li></ul>Required experience &amp; competenciesExperience:<ul><li>Graduate with relevant degree</li><li>Making good progress with the actuarial exams or has recently qualified</li><li>Some knowledge of Python or R</li><li>Familiarity with data visualisation packages such as PowerBi or tableau</li><li>Experience of working both within a team and as a self-motivated individual</li></ul>Desirable:<ul><li>Knowledge of Actuarial Modelling tools</li><li>Familiarity with project management tools e.g. Azure Devops</li></ul>Essential:<ul><li>Knowledge of statistical analysis and data science techniques.</li><li>Ability to take ownership for your own work and time</li><li>Collaboration</li><li>Excellent formal and informal communication skills</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.

This role will support the team in acquiring new business and monitoring its experience and profitability when in-force. The successful candidate will be involved in supporting the pricing for longevity tenders, undertaking analysis to support research into longevity pricing bases and tools, as well as supporting the management of the in-force portfolio. Working across a number of areas within the wider team will help develop a breadth of knowledge and skills of the overall Business as well as the tools and processes used. Over time there will the flexibility to specialise, depending on specific interests.The post holder will be expected to support the senior team in front of clients and other stakeholders, and so will require excellent communication skills and a professional and confident presence.ResponsibilitiesThe Trainee Actuary will be exposed to a wide range of tasks across the whole team including:Quote Production<ul><li>Review and analyse data provided by cedant and highlight any issues that may delay quote production</li><li>Carry out mortality analysis on client data and suggest quote pricing basis</li><li>Ensure pricing basis conforms with SCOR Global Life annuity pricing guidelines and suggest appropriate adjustments where required</li><li>Produce accurate rates within specified timeframes and accurate documentation to support quotes</li><li>Assist in the development and maintenance of longevity pricing tools</li></ul>Research<ul><li>Undertake analysis in order to contribute to the ongoing innovation of longevity pricing bases and tools • Develop and maintain a good understanding of the risks of longevity business.</li></ul>In Force Management</><ul><li>Assisting the Administration teams in reconciling and troubleshooting the more complex aspects of the regular accounts.</li><li>Assisting in modelling the inforce blocks of business</li><li>Understanding, building and adaption of complex macro-driven premium and annuity claims calculation tools</li><li>Understanding and use of Excel tools that determine the current collateral exposures of SCOR and clients under the terms of the swaps</li><li>Inforce analyses of inforce deals for the purpose of setting future valuation assumptions, refining future pricing bases and spotting potential treaty breaches and irregularities.</li><li>Produce Management Information (MI) and Key Performance Indicators (KPIs) on the in-force business</li><li>Building and automating the in-force management processes</li><li>Standardise and modernise the in-force management processes and tools</li></ul>Client management<ul><li>Support the Longevity Account Managers in resolving issues with clients in a constructive manner, valuing the importance of our long-term relationships</li><li>Build relationships across the inforce community of our market</li></ul>QualificationsExperience:<ul><li>Some previous numerical experience is desirable</li></ul>Necessary Skills:<ul><li>Ability to problem solve</li><li>Excellent communication (written and oral)</li><li>Professional and confident presence</li></ul>Digital Competencies:<ul><li>Computer literacy with special focus on Microsoft Word (Intermediate), PowerPoint (Intermediate) and Excel (Intermediate - familiarity of formulas such as “IF”, “VLOOKUP”, “INDEX”, “MATCH”, “SUMPRODUCT”, “MEDIAN”, “YEARFRAC”)</li></ul>If this sounds like the right opportunity for you and you are keen to commence your Actuarial Career with a leading reinsurer who will support you in your studies then please submit your CV to us today.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 Global Longevity team is already a leader in the longevity reinsurance market. We have developed expertise in the UK bulk de-risking market over the past decade providing longevity protection to insurers and pension schemes to help them keep their financial promises to annuitants and pensioners.We have also developed expertise in the individual annuity market with a focus on the use of medical underwriting and our technical knowhow enables us to price longevity for a range of different health conditions at retirement. Our success has not been limited to the UK market as we have also played a pioneering role in international territories in Europe and North America.Some of the key areas in which the successful will work as a member of Longevity pricing team include<ul><li>Contributing to all aspects of understanding, pricing and managing longevity reinsurance risks, enhancing SGL Global Longevity team’s ability to write profitable new business.</li><li>Lead the production of technical pricing for Longevity tenders which includes experienced analysis, proposal of basis, rate production, KPI metrics, and supporting documentation.</li><li>Support the Head of Pricing on business referrals with Group sign-off teams based in Paris, Cologne and Ireland.</li><li>Support new business execution.</li><li>Lead the technical development of new products/ propositions.</li><li>Manage the maintenance and development of Longevity pricing processes and tools.</li><li>Lead or support research and ad-hoc projects.</li><li>Assist in the development of junior team members.</li></ul>ResponsibilitiesQuote Production<ul><li>Lead the production of quote tenders including the production of quote pricing basis (base table, improvements, marriage assumptions and KPI metrics).</li><li>Produce accurate rates within specified timeframes and accurate documentation to support quotes.</li><li>Ensure pricing basis conforms with SCOR Global Life Annuity pricing guidelines and that key pricing issues/ risks are highlighted early.</li><li>Support the Head of Pricing on business referrals with Group sign-off teams based in Paris, Cologne and Ireland.</li><li>Support new business execution.</li></ul>Pricing Process and Tools<ul><li>Manage the maintenance and development of Longevity pricing processes and tools to improve the accuracy, efficiency and insight gained from process outputs.</li><li>Pro-actively suggest improvements to the pricing processes and tools.</li><li>Ensure process updates are managed in a compliant and documented manner.</li></ul>New product and proposition development<ul><li>Lead the technical development of new products/ propositions.</li></ul>Research<ul><li>Lead/ assist Longevity research projects.</li><li>Assist ongoing innovation of pricing basis which enable SCOR to write profitable new business and develop its product offering.</li></ul>Relationships<ul><li>Develop client and internal relationships and provide excellent customer service, to help deliver the Longevity team’s objectives.</li><li>Promote team’s technical expertise, internally and externally, help develop team member and educate internal non specialists as necessary.</li></ul>Qualifications<ul><li>Qualified Actuary.</li><li>Educated to degree level with excellent academic track record or equivalent experience.</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 SGP&amp;C Specialty Insurance Single Risk Pricing team are in the process of implementing a more data driven approach to their pricing processes with pricing model development on two web-based platforms:<ul><li>The Underwriting Platform (UP), an internal web-based application designed to be a submission to bind tool for underwriters to write risks.</li><li>Renew, a third-party software as a service (SaaS) platform for developing and deploying Python pricing models.</li></ul>With two pricing models already delivered on UP and three models being planned for 2023 delivery (Property, Casualty and D&amp;O) the pricing modules of the UP project are expected to be the focus of the role.The successful candidate will work within an experienced actuarial pricing team and will have the opportunity work with a range of stakeholders including underwriters, actuarial methods and tools team, IT, and the technology team (CTO).The role will provide an excellent opportunity to continue to develop (or kickstart) a career in the insurance/reinsurance field by developing an in demand skillset of programming, project development and insurance/reinsurance domain knowledge.Responsibilities<ul><li>Development of pricing models on these platforms present a range of interesting challenges from both an actuarial, commercial and data management perspective, these include;</li><ul><li>Working with actuarial developers who are writing and testing new pricing models to check they are working as expected.</li><li>Taking existing pricing model datasets and transforming data from old data structures to the new data model for:<ul><li>Model testing,</li><li>Calibration of the new models</li><li>And migration of pricing data to the new platform.</li></ul></li><li>Creating data access layers to sit between the data storage of the new platforms and our pricing engines.</li><li>Making sure pricing requirements within the new applications are specified and working as expected (manual and automated testing).</li><li>Helping with analysis and data provision for actuarial analysis and creation of dashboards.</li><li>Helping to write and manage pricing documentation to ensure smooth transition to the new platforms.</li><li>Managing user onboarding to the platform; explaining how the models work, answering queries, and collecting and implementing user feedback.</li><li>Helping design and update the pricing user interfaces.</li></ul><li>Python based solutions using version control (git) and project/code repository management software (Gitlab &amp; Azure DevOps) will be used to address these challenges. Examples of current Python frameworks and toolkits being used include:</li><ul><li>Flask (API deployments)</li><li>SQL Alchemy (database management)</li><li>Sphinx (documentation)</li><li>Selenium (automated application testing)</li><li>Pytest (testing framework)</li></ul></ul>The successful candidate will be primarily responsible for providing support in addressing the challenges described above whilst also providing support to the wider actuarial team when required.QualificationsThe role would suit an ambitious trainee who wants to:<ul><li>Experience a dynamic and multi-cultural actuarial team within the Specialty Insurance division of SCOR Global P&amp;C.</li><li>Has an interest in and wants to develop knowledge in system design, programming, project management and has actuarial experience, or actuarial skills and has a background in computer science/programming.</li><li>The candidate would be expected to have experience in Excel, SQL and Python (or other programming languages)</li></ul>Personal Competencies<ul><li>Communication: excellent interpersonal verbal and written skills that enable the candidate to communicate effectively with colleagues (especially underwriters), brokers and clients.</li><li>Integrity: the ability to make a principled stand where required.</li><li>Independent: a thinker with an analytical mindset.</li><li>Flexibility: the ability to manage workload and prioritise different tasks.</li><li>Personality: a self-motivator who is keen to learn and take on increasing responsibility over time.</li><li>Teamwork: ability to work collaboratively with others in the Actuarial Team</li></ul>Education<ul><li>Degree in Mathematics, Actuarial Science, Computer Science or any other scientific discipline (statistics, physics etc.) or equivalent experience</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.

This role is based within the Innovation department but may also be required to support pricing and research activities. The role is expected to give exposure to the team’s larger data projects which will involve data analytics, programming, and machine learning techniques. As part of this role, the successful candidate will work with all areas within SCOR Global Life UK to obtain new business and to aid the development of new market initiatives to deliver profitable business. The team also provides opportunities to work with members of the global SCOR team as well.ResponsibilitiesExperience/Lapse Analysis<ul><li>Analyse data provided by clients, to suggest pricing bases for quotes and product development or to provide information for the commercial decisions of our clients</li><li>Analyse internal data to contribute to MI, profitability analysis, client management and research</li><li>Identify appropriate external research and derive analyses from external data sets</li></ul>Research<ul><li>Contribute to SCOR’s research activities and ad-hoc opportunities as required</li><li>Produce accurate documentation of research work carried out and help write reports and presentations to communicate findings both internally and externally</li></ul>Large data handling and exploration<ul><li>Support the development of large internal databases at the centre of the firm’s long term data strategy</li><li>Learn, develop and deploy the necessary techniques and tools required to analyse large datasets for commercial insight</li></ul>Customer Service<ul><li>Develop relationships and provide excellent customer service, both internally and externally to help deliver the company’s brand/plans</li></ul>Change Management<ul><li>Pro-actively consider different ways of doing things to improve efficiency</li><li>Present suggestions to develop new business opportunities</li></ul>Required experience &amp; competenciesEssential:<ul><li>Experience of working both within a team and as a self-motivated individual</li></ul>Desirable:<ul><li>Experience of mortality/morbidity analysis</li><li>Pricing experience</li><li>Experience in handling and analysing large datasets</li></ul>Personal Competencies:<ul><li>Excellent analytical skills</li><li>Self-motivation</li><li>Customer focus</li><li>Team work</li><li>Attention to detail</li><li>Excellent communication and interpersonal skills</li></ul>Required EducationEssential:<ul><li>Good working knowledge of Microsoft packages (particularly Excel/Access)</li><li>At least entry level knowledge of Python and/or R or the desire to learn coding</li></ul>Desirable:<ul><li>Knowledge of UK/Irish protection market</li><li>Some Actuarial training (actuarial trainees or those who have given up exams will both beconsidred)</li><li>Knowledge of PROPHET</li><li>Knowledge of SAS</li><li>Knowledge of data visualisation techniques and software (e.g. Tableau)</li><li>Knowledge of machine learning techniques</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.

This role will support the team in acquiring new business and monitoring its experience and profitability when in-force. The successful candidate will be involved in supporting the pricing for longevity tenders, undertaking analysis to support research into longevity pricing bases and tools, as well as supporting the management of the in-force portfolio.Working across a number of areas within the wider team will help develop a breadth of knowledge and skills of the overall business as well as the tools and processes used. Over time there will the flexibility to specialise, depending on specific interests.The post holder will be expected to support the senior team in front of clients and other stakeholders, and so will require excellent communication skills and a professional and confident presence.ResponsibilitiesThe Actuarial Analyst will be exposed to a wide range of tasks across the whole team including:Quote Production<ul><li>Review and analyse data provided by cedant and highlight any issues that may delay quote production</li><li>Carry out mortality analysis on client data and suggest quote pricing basis</li><li>Ensure pricing basis conforms with SCOR Global Life annuity pricing guidelines and suggest appropriate adjustments where required</li><li>Produce accurate rates within specified timeframes and accurate documentation to support quotes</li><li>Assist in the development and maintenance of longevity pricing tools</li></ul>Research<ul><li>Undertake analysis in order to contribute to the ongoing innovation of longevity pricing bases and tools</li><li>Develop and maintain a good understanding of the risks of longevity business</li></ul>In Force Management<ul><li>Assisting the Administration teams in reconciling and troubleshooting the more complex aspects of the regular accounts.</li><li>Assisting in modelling the inforce blocks of business</li><li>Understanding, building and adaption of complex macro-driven premium and annuity claims calculation tools</li><li>Understanding and use of Excel tools that determine the current collateral exposures of SCOR and clients under the terms of the swaps</li><li>Inforce analyses of inforce deals for the purpose of setting future valuation assumptions, refining future pricing bases and spotting potential treaty breaches and irregularities.</li><li>Produce Management Information (MI) and Key Performance Indicators (KPIs) on the in-force business</li><li>Building and automating the in-force management processes</li><li>Standardise and modernise the in-force management processes and tools</li></ul>Client management<ul><li>Support the Longevity Account Managers in resolving issues with clients in a constructive manner, valuing the importance of our long-term relationships</li><li>Build relationships across the inforce community of our market</li></ul>QualificationsRequired experience &amp; competenciesExperience:<ul><li>Strong numerical experience in an actuarial position</li><li>Life insurance/pensions/reinsurance/consultancy experience</li></ul>Necessary Skills:<ul><li>Ability to problem solve</li><li>Strong data analysis skills</li><li>Excellent communication (written and oral)</li><li>Professional and confident presence</li></ul>Digital Competencies:<ul><li>Computer literacy with special focus on Microsoft Word (Intermediate), PowerPoint (Intermediate) and Excel (Intermediate - familiarity of formulas such as “IF”, “VLOOKUP”, “INDEX”, “MATCH”, “SUMPRODUCT”, “MEDIAN”, “YEARFRAC”)</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.

In this role you will be contributing to all aspects of understanding, pricing and managing longevity reinsurance risks, enhancing SGL’s ability to write profitable new business as well as working on the development of Longevity pricing process and tools and supporting research projects.ResponsibilitiesSome of the key areas of responsibility are:Quote Production:<ul><li>Review and analyse data provided by cedant and highlight any issues that may delay quote production</li><li>Carry out mortality analysis on client data and suggest quote pricing basis</li><li>Produce accurate rates within specified timeframes and accurate documentation to support quotes</li><li>Ensure pricing basis conforms with SCOR Life annuity pricing guidelines that key pricing issues/risks are highlighted early and suggest appropriate adjustments where required</li><li>Support the Head of Pricing to manage the deal referral process with Group sign-off teams based in Paris, Cologne and Ireland</li><li>Carry out other ad-hoc longevity pricing work as required</li></ul>Pricing Process and Tools<ul><li>Manage the development of Longevity pricing process and tools to improve the accuracy, efficiency and insight gained from process outputs</li><li>Pro-actively suggest improvements to the pricing process and tools</li><li>Ensure process updates are managed in a compliant and documented manner</li></ul>Research<ul><li>Support Longevity research projects</li><li>Assist ongoing innovation of pricing basis which enable SCOR to write profitable new business and develop its product offering</li><li>Keep abreast of major developments in the Longevity research field and the UK Longevity market</li></ul>Relationships<ul><li>Provide excellent customer service, both internally and externally, to help deliver the Longevity Team’s objectives</li><li>Promote the team internally and externally, and educate internal non-specialists about longevity matters as necessary</li></ul>Change Management<ul><li>Pro-actively suggest improvements in the pricing and support business management process</li></ul>QualificationsRequired experience &amp; competenciesExperience:<ul><li>Recent life/annuity experience</li><li>Experience of working with pension scheme data and knowledge of typical scheme rules</li><li>Experience of conducting mortality analysis</li></ul>Personal Competencies:<ul><li>Excellent analytical skills</li><li>Attention to detail</li><li>Self-motivated / proactive</li><li>Team player</li><li>Excellent communication and interpersonal skills</li><li>Customer focussed – ability to communicate effectively with clients by phone/email.</li></ul>Required Education<ul><li>Educated to Undergraduate degree level in a relevant subject (Mathematics / Statistics / Actuarial Science / Etc…) with an excellent academic record or equivalent.</li><li>Demonstration of a good process of passing actuarial exams.</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.

This role will focus on capital modelling and supporting business planning, exposure management and outwards reinsurance analysis.Responsibilities<ul><li>Assist in the maintenance, development and BAU running of the Scor Syndicate Internal Capital Model.</li><li>Assist with Stress and Scenario testing of the model.</li><li>Validation of the model and assisting with validation reporting.</li><li>Prepare and maintain the data required for quarterly capital assessments. Proactively analyse and evaluate methods and processes to maximise efficiency of work.</li><li>Contribute to the delivery of capital reports and the communication of results, key assumptions and uncertainties to the internal and external stakeholders.</li><li>Aid the development and maintenance of documentation of capital models in line with regulatory requirements.</li><li>Contribute to business planning, outwards reinsurance purchase and technical provisions processes.</li><li>Assist with SCOR Internal Model requests to enhance integration with the group model.</li><li>Aid in ad-hoc projects as required.</li></ul>Required experience &amp; competencies<ul><li>Be comfortable working through technical problems at a granular level.</li><li>Communication: Excellent interpersonal verbal and written skills that enable the candidate to communicate effectively with colleagues and excellent presentation skills</li><li>Integrity: be honest and professional in all dealings with colleagues.</li><li>Independent: a thinker with an analytical mindset.</li><li>Flexibility: the ability to manage workload and prioritise different tasks.</li><li>Team work: Ability to work collaboratively across different teams and disciplines.</li><li>Strong planning and organisational skills.</li></ul>Required Education<ul><li>Strong Mathematical/Actuarial background or equivalent</li><li>Strong knowledge of Microsoft Office applications is required. A good working knowledge of VBA would be an advantage.</li><li>Knowledge or experience in reinsurance/insurance business (desirable but not required).</li><li>Excellent analytical and numerical skills</li><li>Strong written and verbal communication skills</li><li>Strong aptitude, personality and intellect</li><li>Curiosity and a desire to learn</li><li>Common sense and sound basic judgement</li><li>A personality capable of working efficiently and collaboratively across cultural boundaries</li><li>Eagerness to work towards actuarial qualification</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.

Job Description<ul><li>Contributing to all aspects of understanding, pricing and managing longevity reinsurance risks, enhancing SGL’s ability to write profitable new business.</li><li>Working on the development of Longevity pricing process and tools.</li><li>Support research projects.</li></ul>ResponsibilitiesQuote Production:<ul><li>Review and analyse data provided by cedant and highlight any issues that may delay quote production</li><li>Carry out mortality analysis on client data and suggest quote pricing basis</li><li>Produce accurate rates within specified timeframes and accurate documentation to support quotes</li><li>Ensure pricing basis conforms with SCOR Life annuity pricing guidelines that key pricing issues/risks are highlighted early and suggest appropriate adjustments where required</li><li>Support the Head of Pricing to manage the deal referral process with Group sign-off teams based in Paris, Cologne and Ireland</li><li>Carry out other ad-hoc longevity pricing work as required</li></ul>Pricing Process and Tools<ul><li>Manage the development of Longevity pricing process and tools to improve the accuracy, efficiency and insight gained from process outputs</li><li>Pro-actively suggest improvements to the pricing process and tools</li><li>Ensure process updates are managed in a compliant and documented manner</li></ul>Research<ul><li>Support Longevity research projects</li><li>Assist ongoing innovation of pricing basis which enable SCOR to write profitable new business and develop its product offering</li><li>Keep abreast of major developments in the Longevity research field and the UK Longevity market</li></ul>Relationships<ul><li>Provide excellent customer service, both internally and externally, to help deliver the Longevity Team’s objectives</li><li>Promote the team internally and externally, and educate internal non-specialists about longevity matters as necessary</li></ul>Change Management<ul><li>Pro-actively suggest improvements in the pricing and support business management process</li></ul>Required experience &amp; competenciesExperience:<ul><li>Recent life/annuity experience</li><li>Experience of working with pension scheme data and knowledge of typical scheme rules</li><li>Experience of conducting mortality analysis</li></ul>Personal Competencies:<ul><li>Excellent analytical skills</li><li>Attention to detail</li><li>Self-motivated / proactive</li><li>Team player</li><li>Excellent communication and interpersonal skills</li><li>Customer focussed – ability to communicate effectively with clients by phone/email. </li></ul>Required Education <ul><li>Educated to Undergraduate degree level in a relevant subject (Mathematics / Statistics / Actuarial Science / Etc…) with an excellent academic record.</li><li>Demonstration of a good process of passing actuarial exams.</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.

Job DescriptionThis role will support all aspects of Deal Management from being part of an execution team for new deals to onboarding those deals and maintaining them on SCOR’s existing platforms. The role holder will work closely with senior actuaries in the continuous improvement of the team’s processes and tools. As part of loading new deals, the role holder will need to model the complex underlying benefits. Strong data analysis skills will therefore be important. There will be many opportunities to work in projects across the wider longevity team, including Pricing, Business Development and Research. Working across a number of areas within the wider team will help develop a breadth of knowledge and skills of the overall Business as well as the tools and processes used. The post holder will be expected to support the senior team in front of clients and other stakeholders (internal and external), with the expectation of them taking the lead and building out those relationships themselves over time. Excellent communication skills and a professional and confident presence will therefore also be required.ResponsibilitiesThe Senior Actuarial Analyst will be exposed to a wide range of tasks across the whole team including:Deal Management &amp; Adherence to treaty requirements<ul><li>Work with Senior members of the team to ensure treaties are adhered to, resolving breaches where necessary in a client focused way.</li><li>Build and adapt complex calculation tools for modelling claims and premiums.</li><li>Use various tools to calculate collateral exposures of SCOR and SCOR’s clients under the terms of the reinsurance arrangement.</li><li>Perform analyses of in-force deals for the purpose of setting future valuation assumptions, refining future pricing bases and spotting potential treaty breaches and irregularities.</li></ul>Continuous Improvement and Evolution<ul><li>Work with senior actuaries to standardise and modernise the in-force management processes and tools.</li></ul><ul><li>Analyse areas within existing processes for automation and implement where appropriate, adopting Agile practices to facilitate change</li></ul>New business support<ul><li>Play a significant role in new deal execution teams. This may include model testing, initial due diligence, understanding and shaping of the client’s administration processes, treaty design and wording as well as helping to build out the long-term client relationship.</li><li>Co-ordinate activities across teams, both UK and non-UK, to help onboard and maintain recently transacted longevity arrangements to SCOR’s existing platforms.</li></ul>Pricing &amp; Research<ul><li>Assist in the development and maintenance of longevity pricing tools.</li><li>Undertake analysis in order to contribute to the ongoing innovation of longevity pricing bases and tools both in the UK and other possible territories.</li><li>Develop and maintain a good understanding of the risks of longevity business.</li></ul>There will be the requirement to oversee the work of more junior colleagues and to build networks and co-ordinate work across other internal teams both inside and outside the UK.Experience:<ul><li>Good progress with actuarial exams since leaving University; completed or very close to completing all Core subjects.</li><li>Some post University insurance/pensions/reinsurance/consultancy experience</li></ul>Necessary Skills:<ul><li>Knowledge and understanding of UK annuities and benefit profiles</li><li>Ability to model financial products (particularly escalating annuities)</li><li>Excellent communication (written and oral) and interpersonal skills</li><li>Strong data analysis skills</li><li>Attention to detail</li><li>Motivated to learn and share best practices and learnings</li><li>Good team-working and collaborative skills</li><li>Ability to work to hard milestones and deadlines</li><li>Ability to problem solve</li><li>Professional and confident presence</li></ul>Digital Competencies:<ul><li>SAS (Intermediate)</li><li>Microsoft Word (Intermediate), PowerPoint (Intermediate)</li><li>Prophet</li><li>Excel (Intermediate)</li></ul>Required Education<ul><li>Undergraduate degree – grade 2:1</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.

Job DescriptionThe job holder will also represent Specialty Insurance Single Risk Pricing Team in any ongoing and future global projects to ensure consistency of Casualty pricing across SCOR Specialty.The work includes pricing of key individual accounts, working with Underwriters and the Methods and Tools team to develop and maintain pricing models, conducting pricing related analyses and any other ad-hoc reporting requirements.Responsibilities:Develop, test, and maintain pricing tools<ul><li>Develop and enhance direct &amp; facultative Casualty pricing tools in conjunction with Underwriters, Underwriting Management, CTO and the Specialty Insurance Methods and Tools team.</li><li>Ensure pricing models are appropriately calibrated and used appropriately by Underwriters, including rate change calculation.</li><li>Maintenance of existing pricing tools including technical documentation / specifications / change parameter documentation (including impact analysis)</li></ul>Pricing key individual accounts:<ul><li>Analyse and pricing of individual casualty single-risk accounts typically with complex features or high premium</li><li>Aid Portfolios Team during busy periods (such as the 01-Jan renewal season) by pricing binder accounts.</li><li>Ensure that all accounts priced adheres to appropriate pricing review process as defined in Specialty Insurance Pricing Guidelines</li></ul>Portfolio analysis, business planning and parameterisation:<ul><li>Review the profitability of portfolio (deep-dive) by considering combined ratios, rate levels, inflationary effects and class of business mix for Specialty Insurance and legal entities</li><li>Development and maintenance of dashboards and various management information.</li></ul>Projects &amp; Consulting:<ul><li>Provide actuarial consulting during exploration of new projects.</li><li>Assist with on-going underwriting projects (developing pricing requirements, systems testing, etc.) or any other ad-hoc projects</li></ul>Reporting:<ul><li>Regular monitoring and feedback of Underwriter Adjustments, plus pricing strength (adequacy) against the long-term profitability targets.</li><li>Any other ad-hoc reporting requirements</li></ul>QualificationsExperience:<ul><li>Proven pricing experience in P&amp;C insurance with recent Lloyd’s / London Market experience.</li><li>Strong background in Casualty Lines of Business with an emphasis on General Liability (Primary &amp; Excess) for all industries (inc. Energy), Directors and Officers, Professional Indemnity, Homebuilders and Environmental Impairment Liability</li><li>Previous P&amp;C pricing experience and a Fellow of any recognised actuarial organisation</li><li>Good working knowledge of capital modelling and reserving processes and techniques</li><li>Strong analytical skills and ability to manipulate or handle large datasets</li><li>Significant experience using R, Python, R-Shiny, or any other programming languages in commercial environment</li></ul>Personal Competencies:<ul><li>Highly motivated and driven individual with excellent analytical and problem-solving skills</li><li>Effective communication and collaboration skills with excellent interpersonal verbal and written skills that enables the candidate to communicate with colleagues from non-actuarial team</li><li>Strong organisational and time management skills required</li><li>Self-starting individual and excellent team player</li><li>Stays up to date with new/emerging knowledge in actuarial pricing as well as in respect of major market and underwriting related issues.</li><li>Has a commercial outlook but with a principled stand where required and contributes to create viable and innovative solutions that outperform competitors and differentiates SCOR.</li></ul>Required Education and Qualification<ul><li>Qualified actuary from a recognised actuarial organisation</li><li>Degree in Mathematics, Actuarial Science or any other scientific discipline (statistics, physics, etc.)</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.

Job DescriptionThis position will give you the chance to work as part of an established Reserving team, providing a wide range of actuarial reserving services for Lloyd’s and non-Lloyds entities. A key part of the role will be to work on quarterly reserving, a wide variety of reserving projects and collaborating with different teams. Responsibilities<ul><li>Analysis of the technical reserves on a quarterly basis for multiple lines of business, with a focus on Solvency II</li><li>Assist with reserving projects, such as automation of current processes and modelling of specific lines of business</li><li>Assist with improvement of certain models, visualisation tools and dashboards</li><li>Annual review of the UK portfolio and contribute to the actuarial report for the various UK legal entities</li><li>Carry out regular or ad hoc studies for specific segments</li><li>Work closely with claims team, finance team, underwriters and underwriting management and other members of the actuarial team to develop, review and maintain appropriate tools and methodologies</li><li>Communicate with external Actuaries, Auditors and external regulators when required</li><li>Help enhance management information and reporting for Lloyd’s, PRA and ACPR</li><li>Communicate key movement/trends/events to the business on a quarterly basis, with opportunity to present at Management meetings and Reserving Committees</li><li>As part of the Actuarial Function duties under Solvency II, participate in the regulatory reporting (SII Technical Provisions, QRTs, NSTs…) and the writing of the Actuarial Function Report in conjunction with other legal entities of the SCOR Group</li></ul>QualificationsRequired Education and Experience<ul><li>Part qualified actuary with relevant non life insurance work experience</li><li>Some years experience of Lloyd’s/London Market reserving experience including GAAP and Solvency II</li><li>Knowledge of following software:</li><ul><li>Microsoft Office applications</li><li>VBA experience</li><li>SQL language or R coding</li><li>Tableau / Python experience</li><li>ResQ software</li></ul><li>IFRS17 knowledge would be an advantage</li><li>Knowledge of regulatory requirements and an understanding of how they impact on the business</li><li>Excellent analytical skills</li><li>Communication: Excellent interpersonal verbal and written skills that enable the candidate to communicate effectively </li><li>Integrity: the ability to make a principled stand where required</li><li>Independent: a thinker with an analytical mindset</li><li>Flexibility: the ability to manage workload and different tasks</li><li>Personality: a self motivator with a strong aptitude and intellect; common sense and sound basic judgement</li><li>Team work: Ability to work collaboratively with others in the Reserving and wider Actuarial Team</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.

Job Description<ul><li>Owning and pro-actively maintaining and improving the team’s pricing tools and processes to optimise efficiency and risk management</li><li>Mitgate and work to reduce operational risk in all areas of the team’s work</li></ul>ResponsibilitiesClient response<ul><li>Ability to manage independently all areas of client responses including ad hoc client work and tender responses.</li><li>This will include production of the required output within agreed timeframes coordinating appropriate levels of peer review, with full and accurate documentation. It will also include where appropriate required communication to the client including the preparation and carrying out of presentations. This refers to clients within SCOR (e.g. the marketing team) and external.</li><li>Agreeing the scope of all work and challenging scope creep with senior and junior team members.</li></ul>Best estimate assumption changes<ul><li>Derivation and proposal of new best estimate assumption guidelines with management of impact testing and implementation on all relevant pricing tools</li></ul>Standardisation and improvement of pricing tools<ul><li>The use of appropriate software and coding techniques to keep the UK pricing process as efficient as possible.</li><li>Identifying and scoping process and tool updates to achieve increased efficiency and reduce operational risk with regard to resource availability (e.g. adopting an MVP mindset)</li><li>Ongoing tool maintenance and improvements to team tools &ndash; scoping, building and designing testing for these improvements</li><li>Integration of ad hoc work into standard pricing tools and processes</li></ul>ERM<ul><li>Self-checking and communication of limitations of work</li><li>Identification and communication of areas where pricing guidelines aren&rsquo;t followed</li><li>Full and appropriate documentation</li><li>Challenging approaches in the team that increase operational risk</li><li>Peer review and documentation on control processes</li></ul>Knowledge sharing<ul><li>Contributing to team meetings and enhancing the knowledge of the team</li><li>Bringing new industry or technical knowledge to the team through contacts within the company or from outside.</li></ul>Management<ul><li>Direct line management including identifying development needs of reports and providing appropriate pathways</li><li>Support and training for all team members to provide a helpful and supportive team</li></ul>Your Qualifications:Experience:<ul><li>Qualified actuary (minimum 4 years post qualified)</li><li>Good knowledge of Python or R</li><li>Familiarity with data visualisation packages such as PowerBi or tableau</li><li>Experience of working both within a team and as a self-motivated individual</li><li>Management experience</li></ul>Desirable<ul><li>Knowledge of Actuarial Modelling tools</li><li>Familiarity with project management tools e.g. Azure Devops</li></ul>Other Competences: Essential:<ul><li>Knowledge of statistical analysis and data science techniques.</li><li>Ability to take ownership for your own work and time</li><li>Collaboration</li><li>Excellent formal and informal communication skills</li></ul>Required Education<ul><li>FIA &ndash; Fellow of the Institute of Actuaries</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.

<div>Job DescriptionWithin the UK Reserving team, this position will give you the chance to develop core actuarial reserving skills across a broad range of classes of business and work within the framework of a multi-cultural environment in an international company. The role will include developing and presenting actuarial reserving studies and contributing to multi-functional projects.Responsibilities<ul><li>Analysis of technical reserves on a quarterly basis</li><li>Updating of the quarterly reserve exhibits and reports for the Reserving Committee and Board Meeting</li><li>Annual review of the UK portfolio and contribute to the actuarial report for the various UK legal entities</li><li>Carry out regular or ad hoc studies for specific lines of business</li><li>As part of the Actuarial Function duties under Solvency II, participate in the regulatory reporting and the writing of the Actuarial Function Report in conjunction with other legal entities of the SCOR Group</li><li>Assist in the improvement of certain models</li><li>Participate in cross-functional projects with other stakeholders</li><li>Participate in worldwide working groups to improve actuarial practices</li></ul>Required educationGraduate with a 2:1 or higher from a Mathematical/Actuarial background or equivalent Required experience Knowledge or experience in reinsurance/insurance business (desirable but not required).Required competencies<ul><li>Strong knowledge of Microsoft Office applications</li><li>VBA, Python, R or other programming language would be an advantage</li><li>ResQ software knowledge would be an advantage</li><li>Excellent analytical and numerical skills</li><li>Strong written and verbal communication skills</li><li>Strong aptitude, personality, and intellect</li><li>Curiosity and a desire to learn</li><li>Common sense and sound basic judgement</li><li>A personality capable of working efficiently and collaboratively across cultural boundaries</li><li>Eagerness to work towards actuarial qualifications</li></ul>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.</div>

<div>Job DescriptionThe successful candidate will work as a senior member of Longevity pricing team.<ul><li>Contributing to all aspects of understanding, pricing and managing longevity reinsurance risks, enhancing SGL Global Longevity team’s ability to write profitable new business.</li><li>Lead the production of technical pricing for Longevity tenders which includes experienced analysis, proposal of basis, rate production, KPI metrics, and supporting documentation.</li><li>Support the Head of Pricing on business referrals with Group sign-off teams based in Paris, Cologne and Ireland.</li><li>Support new business execution.</li><li>Lead the technical development of new products/ propositions.</li><li>Manage the maintenance and development of Longevity pricing processes and tools.</li><li>Lead or support research and ad-hoc projects.</li><li>Assist in the development of junior team members.</li></ul>ResponsibilitiesQuote Production<ul><li>Lead the production of quote tenders including the production of quote pricing basis (base table, improvements, marriage assumptions and KPI metrics). </li><li>Produce accurate rates within specified timeframes and accurate documentation to support quotes.</li><li>Ensure pricing basis conforms with SCOR Global Life Annuity pricing guidelines and that key pricing issues/ risks are highlighted early.</li><li>Support the Head of Pricing on business referrals with Group sign-off teams based in Paris, Cologne and Ireland.</li><li>Support new business execution.</li></ul> Pricing Process and Tools<ul><li>Manage the maintenance and development of Longevity pricing processes and tools to improve the accuracy, efficiency and insight gained from process outputs.</li><li>Pro-actively suggest improvements to the pricing processes and tools.</li><li>Ensure process updates are managed in a compliant and documented manner.</li></ul> New product and proposition development <ul><li>Lead the technical development of new products/ propositions.</li></ul> Research<ul><li>Lead/ assist Longevity research projects.</li><li>Assist ongoing innovation of pricing basis which enable SCOR to write profitable new business and develop its product offering.</li></ul> Relationships<ul><li>Develop client and internal relationships and provide excellent customer service, to help deliver the Longevity team’s objectives.</li><li>Promote team’s technical expertise, internally and externally, help develop team member and educate internal non specialists as necessary.</li></ul>Qualifications<ul><li>Qualified Actuary.</li></ul><ul><li>Educated to degree level with excellent academic track record or equivalent experience.</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.</div>

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