Lead Pricing Actuary (French Market)

Job Description

The Lead Actuary supervises and leads pricing and experience analysis activities with high autonomy. The scope includes short-term and long-term business mainly for the French market. The role requires a deep understanding and application of actuarial principles in specialized areas of expertise.

Responsibilities

The Lead Actuary is in charge of all activities as defined in the SGL Pricing Process, which covers all subprocesses of a deal quotation from data collection, including experience analysis, assumptions setting, model development and analysis, final quote setting to CART reporting.

At the local layer, the pricing activity is customer-focused, developing and delivering work to enhance SCOR’s ability to write profitable new business. This usually includes client services like product development and experience analysis, and is often extended by corporate actuarial, finance/reporting, and business development tasks.

Duties to fulfill this role include the following:

Market Pricing:

• Supervise and lead pricing activities by providing reliable and consistent quotes, including risk assessment and process compliance.
• Be an expert on Short Term Business.
• Lead and develop expertise areas within the actuarial team, ensuring best practices and continuous improvement.
• Lead cashflows production for the Financial Solutions team’s needs.
• Design and implement local pricing models.
• Advise business functions in product development (pricing, risk, and profitability).
• Provide support to business activities (client visits, presentations, solutions, technical seminars, training).
• Lead innovative/strategic projects within the macromarket and/or global pricing communities.

Experience Analysis:

• Use SCOR’s tools (APEX, Extrapex) and R/Python code developed by SCOR.
• Conduct EA studies for death and disability risk.
• Apply the SCOR methodology to conduct Long Term Care studies.
• Analyze the clients’ experience within the quotation processes under other actuaries' supervision.
• Help to improve the actuarial assumptions for pricing purposes.
• Support projects for the development of data pools and client services based on experience analysis.

Qualifications

Required Experience & Competencies:

• Minimum 5 years work experience in insurance/reinsurance with a focus on actuarial issues.
• Experience with statistical and/or actuarial methods and tools: mostly Excel, VBA, Python, and R.
• Experience in Financial Solutions would be a plus.

Personal Competencies:

• Work Standards: Setting high standards of performance for self and others; assuming responsibility and accountability for successfully completing assignments or tasks.
• Communication: Clearly conveying information and ideas through a variety of media to individuals or groups in a manner that engages the audience and helps them understand and retain the message.
• Technical / Professional Knowledge: Achieving a satisfactory level of technical and professional skill or knowledge in position-related areas; keeping up with current developments and trends in areas of expertise through continuous learning.
• Able to work in a large team and support high peak periods, developing and using collaborative relationships to facilitate the accomplishment of work goals.
• Adaptability: Maintaining effectiveness when experiencing major changes in work responsibilities or environment; adjusting effectively to work within new structures, processes, requirements, or cultures.
• Stress Tolerance: Maintaining stable performance under pressure; handling stress in a manner that is acceptable to others and to the organization with a strong sense of priorities.

Required Education:

Actuarial Science degree.

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. SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society.

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 as a compass to guide our actions and choices, 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.