Reinsurance Pricing Actuary

As a Reinsurance Pricing Actuary at SCOR, you’ll collaborate closely with the Marine & Energy 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.

• Secure understanding of risk through unbiased, technical risk assessment of reinsurance contracts in all assigned markets. Give structural advice, provide technical support, and contribute with new ideas.
• Strengthen pricing excellence by continuously enhancing pricing methodology for Marine & Energy lines.
• 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.

• 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.
• Profound expertise in a statistical computing language like Python or R, accompanied with solid programming experience. Experience in applying machine learning models, ideally within actuarial contexts.
• 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.

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.