Trainee Pricing Actuary (Treaty)

Job Description

The position is in the Actuarial Pricing team, supporting the analysis of Treaty and SCOR Underwriting Limited’s Lloyd’s business. The position holder will be actively studying for a recognised actuarial qualification.

Responsibilities

• Provide pricing support to actuaries and underwriters in accordance with pricing guidelines.
• Ensure data is handled accurately in a timely and consistent manner.
• Participate in portfolio monitoring and analyses.
• Active team member in class of business studies.
• Provide input to projects and global actuarial projects as required.
• Support development and testing of pricing tools.

Qualifications

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.

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.