Actuarial Apprentice

The main role is to assist the team through:

• during the contract renewal periods: analysis of submission data, capture of data to be used for case pricing / cat modelling and participation in the case pricing / cat modelling of usual standard accounts.
• outside of the contract renewal periods: involvement in various projects such as update of benchmark studies, indexes, market models, pricing parameters or development of pricing / modelling methods.

The jobholder will have strong technical interest, an analytical mindset and good communication skills

Responsibilities

• Review and capture of submission data, technical pricing / modelling of reinsurance accounts and review of pricing / modelling results, providing insightful analysis to other actuaries and underwriters through clear communication.
• Work closely with actuaries, modellers and underwriters to develop and maintain appropriate pricing benchmarks, methods, tools and parameters.
• Assist in the review of (re)insurance and economic assumptions used for Pricing and Modelling

Personal skills

• Communication: Good interpersonal verbal and written skills, in English and/or French
• Teamwork: Ability to work collaboratively with others in the Pricing & Modelling Team.
• Personality: a self-motivator who is keen to learn and take on increasing responsibility over time.
• Flexibility: the ability to manage workload and prioritise different tasks.
• Autonomous
• Integrity: the ability to make a principled stand where required.

Required qualifications

• Studying towards an Actuarial qualification, an Engineer qualification or an Applied Mathematics / Statistics Bachelor / Master qualification
• Excel + VBA
• Good English verbal and written

Nice to have:

• Some knowledge of (Re)Insurance
• Access/SQL, Python, R, Git, Tableau

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.