Pricing Actuary

Job Description

• Building Best Estimation to assess risks associated with extending insurance or financial products
• Responsible for the timely and accurate delivery of pricing terms.
• Ensuring high technical standards of experience analysis.
• Supporting the marketing and business development in building and maintaining effective relationships with clients.

Responsibilities

• Provision of other actuarial service to the client
• Product development and developing relevant risk rate
• Study and discussion new product idea
• Developing risk rate for new products
• Participate in or lead project assignments such as pricing assumption revisions, deal structures, and product development.
• Model and assumptions used for new business quotes.
• Reviewsupporting materials and studies used in Pricing Committee.
• Review packages,project and analytical studies to support pricing assumptions
• Supporting key pricing accountabilities include,client experience and mortality assessment
• Involvement in creating and preparing reinsurance solutions in accordance with SCOR standards with a focus on working in partnership with our clients to develop innovative solutions to their business challenges:

Qualifications

• Qualified Actuary
• Minimum 5 years of industry experience.

Personal Competences:

Essential:

• Moderate verbal and written communication skills in English
• Proficiency in one or more life actuarial pricing systems (e.g., AXIS, TAS, Prophet)

Desirable:

• Solid analytical skills with strong problem-solving ability.
• Must be able to work effectively independently and as part of a team.

Required Education

• Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, Finance or Accounting or equivalent combination of education and experience.

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 & Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – from Life & Health and Property & 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.