Trainee Pricing Actuary - MGA
London, United Kingdom
The position is in the Actuarial Pricing team, supporting the pricing and monitoring of MGA business written via both the Lloyd’s syndicate and Company Paper. The position holder will be actively studying for a recognised actuarial qualification and will join a dynamic, analytical team within SCOR.
- Work closely with underwriters and other members of the Actuarial pricing team to price delegated authority 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 effiicency within the data manipulation process to help streamline the pricing workflow within the team ;
- Assist with Treaty pricing during busy periods ;
- Contribute to global actuarial projects as required, to drive gains across the whole SCOR global enterprise ;
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.
Education:
• University degree in mathematics, economics or related field or equivalent
• Willingness to attain a professional actuarial designation
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.
* Salary range is an estimate based on our AI, ML, Data Science Salary Index 💰
Tags: Economics Excel Mathematics Python SQL
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