Reinsurance Pricing Actuary

Reinsurance Pricing Actuary

Job Description

As a Reinsurance Pricing Actuary at SCOR, you’ll collaborate closely with underwriting teams. Your primary focus will be on assessing risk for reinsurance contracts across various markets. You’ll provide structural advice, technical support, and innovative ideas to enhance pricing methodology. Regularly reviewing pricing adequacy, you’ll take action to improve it when necessary. Additionally, you’ll develop line-of-business-specific pricing apps and contribute pricing analytics insights. Your expertise in statistical computing (Python), machine learning models, and clear communication will be essential.

Responsibilities

• Secure understanding of risk through unbiased, technical risk assessment of reinsurance across assigned markets. Give structural advice, provide technical support, and contribute with new ideas.
• Strengthen pricing excellence by continuously enhancing pricing methodology for designated lines of business.
• Regularly review pricing adequacy of all assigned portfolios through suitable pricing intelligence standards. Initiate actions to improve pricing adequacy, if necessary.
• Establish advanced line-of-business-specific pricing apps (if relevant), supplementary to standard corporate pricing tools.
• Contribute to client meetings with pricing analytics insights and represent SCOR at industry events.

Qualifications

• In-depth reinsurance pricing experience gained through three to five years of pricing activities at a global reinsurer. Pricing experience in various lines of business. Ideally experience in relevant lines of business.
• Strong programming skills in Python and statistical computing. Experience applying machine learning models in actuarial or insurance contexts is highly desirable.
• Clear communicator. Ability to take complex methods, analysis and ideas and communicate effectively to a broad variety of stakeholders.
• Able to withstand pressure and to complete tasks within deadlines. Brings positive attitude to address challenges.
• Fully qualified actuary in a globally recognized actuarial body.
• Ideally exposure of working in multiple geographies.
• Studies in actuarial science or equivalent

Job Info

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.

Similar Jobs