Graduate Trainee Pricing Actuary (12 Months)

Job Description

This is a unique opportunity to step into a real actuarial role from day one—working alongside underwriters, actuaries, and data specialists who shape pricing decisions across multiple lines of business. You’ll gain exposure to Lloyd’s markets, portfolio analysis, and global actuarial projects.

Responsibilities

• Work closely with underwriters and other members of the Actuarial pricing team to price risks for multiple lines of business.
• Participate in portfolio monitoring and analyses to help assess the profitability of business that has already been written.
• Support and drive efficiency within the data manipulation process to help streamline the pricing workflow within the team.
• Assist with pricing during busy periods.
• Contribute to global actuarial projects as required to drive gains across the whole SCOR global enterprise.
• Support CAT modelling and reporting.

Qualifications

Required experience & competencies

Experience:

• The ideal candidate will have gained some actuarial work experience in insurance/reinsurance or mathematical modelling.
• Experience of participation in projects and teams.

Personal Competences:

• Familiarity with standard Microsoft Office applications such as Excel, Word, and PowerPoint.
• Excellent analytical skills with attention to detail.
• Able to communicate clearly and concisely, verbally and in writing.
• Collaborative team‐player spirit with experience of project participation.
• Ability to work effectively with minimal supervision.
• Self‐starter/motivator and creative.
• Interest in data science with preference given to programming capability and experience of Python, SQL, or VBA.

Required Education

• University degree in mathematics, economics, or related field or equivalent.
• Willingness to attain a professional actuarial designation.

About us

As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and 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.” Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. 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.