Actuarial Apprentice (Pricing)

• Based in Paris, this position will be part of a Global Portfolio Pricing and Modeling Team for the 5th largest reinsurer in the world
• Reporting to the Portfolio Pricing and Modeling Manager for EMEA and our SCOR Syndicate, the role-holder will have the opportunity to represent the team in global projects at the forefront of technical innovation in portfolio pricing and management reporting
• Strong commercial role supporting the production of pricing analytics, contract pricing, portfolio analysis, and process improvement leveraging the latest technology, tools and methodologies.

Responsibilities

• Participate in big data projects across the Team; model evaluation, sensitivity testing and calibration studies
• Work closely with underwriters, underwriting management and other members of the actuarial pricing team to develop and future KPI to measure the business success in a highly streamlined manner
• Evaluate partner premium, exposure and loss data and provide technical pricing indications
• Independently structure and complete complex analyses on behalf of the group
• Willingness to travel and represent SCOR in a professional way with internal stakeholders

Qualifications

• Communication: Excellent interpersonal verbal and written skills that enable the candidate to communicate effectively with colleagues (especially underwriters), brokers and clients.
• Integrity: the ability to make a principled stand where required.
• Independent: a thinker with an analytical mindset.
• Flexibility: the ability to manage workload and prioritise different tasks.
• Personality: a self-motivator who is keen to learn and take on increasing responsibility over time.
• Teamwork: Ability to work collaboratively with others in the Actuarial Team.
• Studying towards a degree in a quantitative discipline with pursuit of an Actuarial qualification a plus
• Strong knowledge of Excel and the ability to manipulate and format data sets
• SQL, GIS, VBA, R skills advantageous

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.