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SCOR is hiring a

Senior Actuary (Pricing & Modelling)

The job holder will be a senior member of the SGP&C Specialty Insurance Single Risks Pricing team supporting business written by SCOR and SCOR Syndicate with particular focus on Casualty & Financial Lines. The job holder will provide Actuarial support to all Specialty Casualty Underwriters globally, drive the direction of Casualty pricing model development and provide value added insights to the Specialty Casualty Portfolio.

The work includes large account pricing, working with Underwriters and the Actuarial Methods and Insights team to develop and maintain pricing models and to provide analyses and management information reports to internal and external Stakeholders.

This role would suit a commercially minded Casualty Actuary who would like to take the next step in their career and broaden their knowledge. It provides the opportunity to work within a diverse, and growing pricing team who oversee a global book of Casualty and Financial Lines business.


  • Large account pricing
    • Evaluate profitability, exposure and loss data and provide technical pricing indications for key accounts
    • Improve experience rating methodology by leveraging submission data to compile portfolio level data, establish benchmark frequency, severity selection by segment
    • Ensure that all accounts priced adheres to appropriate pricing peer review process as defined in Specialty Insurance Pricing Guidelines.
  • Develop, test, maintain and enhance pricing tools
    • Lead model design, development, evaluation, sensitivity testing and calibration studies
    • Ensure pricing models are appropriately calibrated and used correctly by underwriters, including rate change calculation.
    • Maintenance of pricing tools including technical documentation/specifications/parameter update.
  • Portfolio Analysis, business planning and recalibration
    • Assist in studies to improve pricing methodology and predictiveness of pricing analyses.
    • Create portfolio monitoring tools to aid the monitoring of pricing adequacy by segments.
    • Contribute and manage the annual business planning review of portfolio (deep-dive) by considering combined ratios, rate levels, inflationary effects, and class of business mix for Specialty Insurance (including SCOR Syndicate).
  • Reporting and Projects
    • Lead / represent Single-Risks Pricing in various projects as and when required.
    • Contribute to various regulatory tasks such as the Lloyd’s Performance Management Data Return (PMDR), and board reports.
    • Regular monitoring and feedback of Underwriter Adjustments, plus pricing strength (adequacy) against the long-term profitability targets.
    • Any other ad-hoc reporting requirements.


  • Solid understanding of basic ratemaking concepts on exposure adjustments, trend, loss development, exposure rating and experience rating.
  • Strong background in Umbrella and Excess Casualty, General Liability for all industries (inc. Energy)
  • London Market pricing experience and exposure to Directors and Officers (D&O), Errors & Omissions (E&O), Environmental Liability and other Professional Liability Lines of business is a plus.
  • > 10 years of P&C Specialty or Reinsurance pricing experience
  • Strong problem-solving skills.
  • Ability to handle large, complex datasets.
  • Significant experience using R, Python or any other programming languages in commercial environment.
  • Effective communication and collaboration skills with excellent interpersonal verbal and written skills that enables the candidate to communicate with colleagues from non-actuarial team.
  • Self-Starting individual and excellent team player
  • Highly motivated and driven individual with excellent analytical and problem-solving skills
  • Strong organizational and time management skills required, ability to multi-task.
  • Proactively support the team as a recognized center of excellence for Pricing within the Specialty Insurance
  • Stays up to date with new/emerging knowledge in actuarial pricing as well as in respect of major market and underwriting related issues.
  • 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.
  • Fellow of the Casualty Actuarial Society (or any recognized actuarial organization)
  • Degree in a quantitative discipline or related field required.

In compliance with local law, we are disclosing the compensation, or range thereof, for roles that will be performed in New York. Actual salaries may vary based on various factors including but not limited to experience, exams passed, and attained designations or certifications. The range listed is just one component of SCOR’s total compensation package for employees.

Pay Range: $178,000 - $200,000 salary pay year. Other rewards may include annual bonuses, short- and long-term incentives, and program-specific awards. In addition, we provide a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, a retirement saving plan, paid holidays and paid time off.

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.

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