Paris

Part Qualified

Associate

Qualified

Senior Actuary

Life

Investments

Health

Property & Casualty

Reserving

Reporting

Reinsurance

Risk

Python

Modelling

Data Science

Experience Analysis

Coding

Pricing

Machine Learning

Capital

Excel

Job DescriptionThe role covers all aspects of:<ul><li>Pricing markets within Paris & MEA area, as well as GCU contracts</li><li>Leading the development of pricing methods and tools</li><li>Leading the development of market benchmarks</li><li>Encouraging team engagement and fostering opportunities for team members to expand their market knowledge and deal-specific information through close collaboration with underwriters</li><li>Identifying key drivers impacting the portfolio performance to support underwriting in decision-making and drive company growth in the region</li><li>Providing technical guidance and training of junior staff and interns</li></ul>Serving as a subject matter expert in specific markets and lines of business, mentoring emerging actuaries or cat modelers, and spearheading various projects and studies.ResponsibilitiesKey duties and responsibilitiesDrive Transactional Pricing: The individual in this role will execute tasks independently and with expertise, provide technical leadership, guide others in the team, and drive continuous improvement in processes and methodologies:<ul><li>Provide risk assessment of contracts and offer technical support to Underwriting teams through transactional pricing and modelling.</li><li>Deliver ad-hoc services for Underwriting and external clients as needed.</li><li>Contribute to the calibration of pricing parameters in xAct, under the guidance of the Central Pricing Team (CPT).</li><li>Drive performance and profitability analyses in collaboration with the portfolio monitoring team.</li><li>Assist in R&D activities to improve SCOR’s view of risks and the pricing and modelling models, in close collaboration with P&C operations.</li><li>Participate in the development and sharing of knowledge across teams.</li></ul>Business Partner to Underwriting: Work alongside underwriting colleagues to analyse and price reinsurance contracts in accordance with guidelines and deadlines, identify and communicate key risk loss drivers, and provide advice on pricing issues.<ul><li>Proactively provide insights for and participate in the planning process.</li><li>Regularly participate in client meetings to better understand client/market risks, skilled at giving structural advice and new ideas, driving demand-based product innovation.</li></ul>Influence decision-making: Influence business decisions by providing pricing recommendations and participating in strategic committees on planning and performance steering for the region.P&M activities, processes and methods improvement: Participate in the evaluation and enhancement of the P&M processes, workflows, methods, tools, identifying opportunities for automation, standardisation and streamlining to gain efficiency, focusing on the creation of innovative and tailor-made solutions adapted to the change in portfolio mix.P&M Tactical Initiative follow up and enhancement: Lead the development of new insurance products and manage product consulting services to generate new business.Projects: Participate in projects, interacting closely with other regions and working with P&C Operations and other stakeholders. Be a key contributor to cross-functional, global projects, to shape the risk view philosophy of SCOR.Cross-functional communication: Participate in the feedback loops with underwriting, claims, reserving, finance, accumulations to ensure accurate and timely information exchange, resolve issues and support business objectives.Compliance and Governance: Ensure adequate compliance through internal controls over the pricing and modelling activities in your region. Ensure a robust governance process between P&M, Central Pricing and Underwriting.Guidelines and Frameworks: Ensure the adequate application of RI & MGA Pricing Guidelines and Best Practice; participate in its development and contribute to the improvement of P&M framework and methodologies.QualificationsRequired experience & competenciesExperience<ul><li>Work experience in the financial services industry, preferably in reinsurance/insurance with a focus on analytical and/or actuarial work, for instance the development and structuring of reinsurance products, financial instruments, and pricing tools.</li><li>Strong mathematical, modelling, technical background.</li><li>Knowledge in P&C lines of business and reinsurance underwriting is an advantage.</li><li>At least 10 years’ experience in leading actuarial topics; experience in managing large projects across multiple teams in different locations is considered a plus.</li></ul>Leadership and Expertise Skills<ul><li>Providing subject matter expertise, and pushing the boundary to technical innovation, being a reference for the team, advising managers.</li><li>Ability to drive engagement via leading topics or projects.</li><li>Collaborative, establishing excellent relationships and bringing people closer together.</li><li>Delivering tangible results that drive organizational success.</li><li>Proven decision and problem-solving skills.</li><li>Strong interpersonal skills with the ability to work effectively with team members and a wide range of stakeholders.</li></ul>Personal Competences<ul><li>Highly motivated and driven individual who has the maturity to work with a diverse group of personalities.</li><li>Strong work ethics and ability to work in a rapidly changing and complex environment.</li><li>Strong organizational and time management skills.</li><li>Exceptional communication and collaboration skills with effective interpersonal verbal and written skills to communicate with non-technical colleagues.</li><li>Exceptional analytical and problem-solving skills.</li><li>Excellent business acumen – synthesizes analytical skill with business insight.</li><li>Creative initiative-taker, dynamic and driven, who formulates new concepts and challenges the status quo.</li><li>Strategic thinker, self-starter who finds creative solutions and brings a positive attitude to address challenges.</li><li>Willingness to travel in the region.</li></ul>Required Education<ul><li>Excellent academic qualifications including a minimum of a bachelor’s degree in mathematics, actuarial science, other scientific discipline (statistics, physics, natural science), economics or finance.</li><li>An advanced degree (master’s or PhD) would be a plus.</li><li>Insurance qualification or actuarial credentials are strongly preferred.</li></ul>About usAs 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.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.

Job DescriptionAs a key member of our pricing team, you will play an essential role in shaping the future of our pricing strategies. You will collaborate closely with the Credit &amp; Surety, Political Risk, and Inherent Defects Insurance underwriting teams to develop and implement market-leading pricing capabilities.In this role, you will be responsible for delivering best practice transactional pricing by gaining a comprehensive understanding of risk through unbiased, technical risk assessments of reinsurance contracts across all assigned markets. You will provide structural advice and innovative ideas to support the underwriting process.Your contributions will be critical in helping SCOR achieve its long-term goals and maintain its position as a leader in the reinsurance industry. By leveraging your expertise and innovative approach, you will help drive our pricing strategies forward and ensure that we continue to meet and exceed our profit targets.ResponsibilitiesKey duties and responsibilities<ul><li>Deliver Best Practice Transactional Pricing: Secure a thorough understanding of risk through unbiased, technical risk assessment of reinsurance contracts in all assigned markets. Provide structural advice, technical support, and contribute innovative ideas to support underwriting.</li><li>Achieve Pricing Excellence: Strengthen pricing practices by continuously enhancing the pricing methodology for Credit &amp; Surety, Political Risk, and Inherent Defects Insurance.</li><li>Contribute to Client Success: Contribute to client meetings with pricing analytics insights and represent SCOR at industry events. Collaborate with Underwriting on the client engagement roadmap and implement strategies to drive business impact.</li><li>Set clear focus throughout the year: In March, June, and October to December, concentrate exclusively on renewals. During other periods, dedicate time to project work, prioritizing key initiatives. Embrace an agile mindset by limiting work in progress and prioritizing tasks based on business value.</li></ul>QualificationsRequired experience &amp; competencies<ul><li>Reinsurance Pricing Experience: At least three years of pricing activities at a global reinsurer, with experience across various lines of business. Ideally, experience in relevant lines such as Credit &amp; Surety, Political Risk, and Inherent Defects Insurance.</li><li>Advanced Technical Skills: Profound expertise in statistical computing languages like Python or R, along with solid programming experience. Proven ability to apply machine learning models, ideally within actuarial contexts.</li><li>Effective Communication: Clear communicator with the ability to convey complex methods, analyses, and ideas effectively to a broad variety of stakeholders.</li><li>Resilience and Positive Attitude: Ability to withstand pressure and complete tasks within deadlines, maintaining a positive attitude to address challenges.</li><li>Professional Qualifications: Qualified actuary in a globally recognized actuarial body.</li><li>Global Exposure: Ideally, experience working in multiple geographies.</li></ul>Required EducationMaster's Degree or PhD in Data Science, Mathematics, Statistics.Qualified actuary in a globally recognized actuarial body.About usAs 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 &amp; 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.

The Capital Performance and Analytics teamThe Capital Performance and Analytics team is a project-driven, highly skilled team that intervenes on a wide range of strategic topics for SCOR, notably aiming at enhancing capacities for performance analytics under a wide range of frameworks (IFRS 17, S2..), performing said analytics and leading the “capital allocation” strategic project within Finance.SCOR has set the objective to enhance its platform in order to become a “fully capital-driven company” in its “Forward 2026” strategic plan. The Capital Allocation / Performance Project actuary will work closely with the Capital Allocation / Performance project lead and support him in his role – notably helping to support building the business requirements for data collection & working closely with other stakeholders to ensure that tool is suit for purpose.Responsibilities<ul><li>Committing to delivery of the project in order to fulfill SCOR’s strategic ambitions</li><li>Contributing to designing and implementing the Capital Performance framework within SCOR – supporting management in their strategic decision-making process and enhancing performance monitoring</li><li>Building the business requirements for data collection, working closely with data teams and business teams, in order to build a tool that meets the needs of users & support the implementation of the strategy of SCOR.</li><li>Understand outcomes of the Capital Allocation tool, working closely with Group Risk teams, to ensure consistency & relevance of the capital performance framework</li><li>Perform other tasks as set out by the Head of Capital performance and Analytics, including support to the team’s other missions & new tasks that emerge as the capital allocation and performance management project progresses.</li></ul>Qualifications<ul><li>Minimum 4 years of relevant experience in insurance or broader financial services</li><li>First experience in capital modeling / capital allocation or working with cash flow models a plus</li><li>Deep understanding of business and financial impact of operational decisions</li><li>Experience on working a project mode</li><li>Actuarial science</li><li>Financial Planning and Analysis</li><li>Management accounting</li><li>Reinsurance / Insurance</li></ul>Required EducationMust be a fellow of a relevant Actuarial Society and possess a bachelor’s degree in actuarial science, mathematics, statistics, or a relevant field or have equivalent work experience.About usSCOR, 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.

Part of the Finance Delivery team reporting to the Head of Finance Delivery that sits within the Finance domain leading Actuarial projects.Responsibilities<ul><li>Contribute to the definition and the review Finance roadmap and projects portfolio.
 <ul><li>Ensure that Projects in the scope are delivered in a cost-effective and financially sustainable manner against targets defined with the Deputy CEO and CFO,</li><li>Propose appropriate solutions to resolve project-related challenges,</li><li>Identify / escalate issues in a timely and effective manner,</li><li>Ensure transversality of Finance delivery within Finance projects in the scope,</li></ul></li><li>Lead Finance projects and Transformation initiatives for reserving and actuarial teams. This will include providing actuarial and reserving expertise on Finance transformation projects and initiatives including process optimization, target enterprise architecture, and defining the operating model for reserving.</li><li>Provide guidance and coaching to the project owners and the project team in relation to all aspects of the projects,</li><li>Understand Finance management team objectives in a broader context and identify potential new projects or enhancements to current projects,</li><li>Responsible for holding all stakeholders accountable for delivering expected outcomes,</li><li>Promote a culture of pro-activity, innovation, transparency, collaboration, and flexibility in all aspects of the work of projects delivery.</li></ul>Qualifications<ul><li>Minimum 7-year experience of work experience in insurance / reinsurance, or consulting organization</li><li>Extensive experience in big projects delivery.</li><li>Strong transversal knowledge in Closing, reporting and FP&A. Actuarial skills are a plus</li><li>Leadership qualities</li><li>Excellent communication, presentation & writing skills (French & English)</li></ul>About usSCOR, 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 an 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.

The actuary performs pricing and experience analysis on short term business (self-employed, group, non proportional) and on long term (credit life and Long-Term Care) : mainly for French market and also to support the Belux market.Responsibilities<ul><li>Key duties and responsibilities</li></ul>The Actuary is in charge of all activities as defined in the SGL Pricing Process (cf. ICS) which covers all subprocesses of a deal quotation from data collection inc. experience analysis, assumptions setting, model development and analysis, final quote setting to CART reporting.At Local layer the pricing activity is customer-focused, developing and delivering work to enhance SCOR’s ability to write profitable new business, and does usually include (a) client services like product development and experience analysis, and (b) often is extended by corporate actuarial, finance/reporting and business development tasks.Duties to fulfil this role include the following:Market pricing:<ul><li>Performing pricing activities providing timely, reliable and consistent quotes incl. risk assessment and process compliance</li><li>Develop local pricing models and benchmarks and adapt it according to the evolutions of global method assuring local consistency</li><li>Support business function on product development (pricing, risk &amp; profitability)</li><li>Provide support to business activities (client visits, presentations, solutions, technical seminar, training, ...)</li><li>Contribute to the innovative/strategic projects that will be carried on within the macromarket and/or the knowledge/ global pricing communities</li></ul>Experience Analysis:<ul><li>Analyzing the clients’ experience within the quotation processes</li><li>Improve the actuarial assumptions for pricing purposes</li><li>Support projects for the development of data pools and client services based on experience analysis</li></ul>Qualifications<ul><li>Required experience &amp; competencies</li></ul>Experience:<ul><li>2 to 5 years work experience in insurance/reinsurance with a focus on actuarial issues</li><li>Experience with statistical and/or actuarial methods and tools : mostly Excel, VBA, Python and R.</li></ul>Personal Competencies:<ul><li>Work Standards: Setting high standards of performance for self and others; assuming responsibility and accountability for successfully completing assignments or tasks; self-imposing standards of excellence rather than having standards imposed.</li><li>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.</li><li>Technical / Professional Knowledge: Having achieved 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 the continuous learning</li><li>Able to work in a large team and support high peak periods, developing and using collaborative relationships to facilitate the accomplishment of work goals.</li><li>Adaptability: Maintaining effectiveness when experiencing major changes in work responsibilities or environment; adjusting effectively to work within new work structures, processes, requirements, or cultures.</li><li>Stress Tolerance: Maintaining stable performance under pressure or opposition (such as time pressure or job ambiguity); handling stress in a manner that is acceptable to others and to the organization with strong sense of priorities</li></ul>Required Education<ul><li>Actuarial Science school</li><li>Qualification or equivalency from a recognized actuarial organization is preferred</li></ul>Language<ul><li>Full proficiency in English (written and spoken)</li></ul>About usSCOR, 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 &amp; Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – from Life &amp; Health and Property &amp; 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.

Responsibilities<ul><li>Provide in-depth quarterly economic performance analysis covering all aspects of the business (L&amp;H, P&amp;C &amp; non-insurance), ensuring that it is consistent between the frameworks in use by the Group (currently IFRS 17, Solvency 2, EVC). This supports timely our results landing/closing internal processes and our external communications/publications.</li><li>Contribute to developing and enhancing analytics methodologies and process (on both IFRS 17 and S2) to allow to answer senior management needs in terms of understanding performance, to support the ability to monitor our strategic targets (e.g EV growth at constant IR and FX, Solvency Ratio) and to build consistency and enhance robustness in the analysis across frameworks.</li><li>Contribute to supporting the overall analytics framework developed by the Capital Performance and Analytics team, aiming at developing a comprehensive view covering retrospective, current &amp; prospective analysis of performance – enhancing capability for management to take data-driven decisions.</li><li>Build strong working relationships with other internal stakeholders (esp. FP&amp;A, Reserving, Investor Relations, Risk Management) to provide relevant analyses and ensure overall consistency of messaging.</li><li>Contribute to supporting the presentation of economic performance related findings and recommendations to senior executives, Comex, and other internal/external stakeholders in a clear and concise manner – helping bring out the relevant items needed for understanding and/or steering key drivers of SCOR economic performance.</li><li>Involvement in other projects and/or duties as assigned by the Head of Capital Performance and Analytics</li></ul>QualificationsRequired experience &amp; competencies<ul><li>Minimum 5-7 years as an actuarial analyst with Life&amp;Health background (awareness of P&amp;C topics being a plus) preferably in a (re)insurance entity or consulting firm; or as an external auditor in the (re)insurance area.</li></ul>Personal Competencies:<ul><li>Strong knowledge in Solvency II regulatory environment and IFRS 17.</li><li>Expertise in actuarial models (pricing, reserving, internal model, economic capital,…) and in financial analysis.</li></ul>Required EducationActuarial and Financial background are required. Degree in Actuarial Science or Master degree (or above) in Finance/Audit/Controlling from Business School with an actuarial background.About usSCOR, 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 &amp; Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – from Life &amp; Health and Property &amp; 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.

City

Experience

Hide closed jobs

Investment Actuary Jobs and Actuarial Careers in the Investment Sector