Lead Pricing Actuary

Job Description

The Alternative Solutions pricing team will develop and execute market-leading pricing capabilities for any structured (re)insurance solution, both prospective and retrospective. Achieving pricing excellence will be a key contributor to enable SCOR to meet its long-term growth and profit targets.

Responsibilities

Key duties and responsibilities include:

• Working as a business partner with the underwriting team to secure understanding of risk through unbiased, technical risk assessment of structured (re)insurance solutions.
• Providing structural advice, technical support, and contributing new business ideas.
• Collaborating with pricing actuaries globally who assess standard reinsurance structures with the same underlying exposure.
• Strengthening pricing excellence by continuously enhancing pricing methodology for structured reinsurance.
• Contributing to and improving advanced pricing tools for structured reinsurance, supplementary to standard corporate pricing tools.
• Creating viable and innovative solutions that outperform competitors and differentiate SCOR.
• Participating in feedback loops with underwriting, claims, reserving, finance, and accumulations to ensure accurate and timely information exchange.
• Leading projects, interacting closely with other regions and working with P&C Operations and other stakeholders.

Qualifications

Required experience & competencies:

• In-depth reinsurance pricing experience gained through at least five years of pricing activities at a global reinsurer, ideally in pricing structured reinsurance.
• Profound expertise in a statistical computing language like Python or R, with solid programming experience and knowledge of code collaboration tools like GIT.
• Advanced Microsoft Office skills, especially in Excel and PowerPoint.
• Clear communicator with the ability to convey complex methods and ideas effectively to a broad variety of stakeholders.
• Able to withstand pressure and complete tasks within deadlines, bringing a positive attitude to address challenges.
• Ideally, exposure to working in multiple geographies.

Required Education

• Fully qualified actuary in a globally recognized actuarial body.

About Us

As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions to manage risk. Applying “The Art & Science of Risk,” SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.

Working at SCOR means engaging with some of the best minds in the industry – actuaries, data scientists, underwriters, risk modelers, engineers, and many others – as we work together to find solutions to pressing challenges facing societies.

As an international company, our common culture is defined by “The SCOR Way.” This serves to build momentum that drives the Group forward and acts as a compass to guide our actions and choices. The SCOR Way is anchored by five core values: we care about clients, people, and societies; we perform with integrity; we act with courage; we encourage open minds; and we thrive through collaboration.

SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.