SCOR

Graduate Trainee Pricing Actuary - 12 months

SCOR  •  London, GB (Onsite)  •  2 months ago
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Job Description

This is a unique opportunity to step into a real actuarial role from day one—working alongside underwriters, actuaries, and data specialists who shape pricing decisions across multiple lines of business. You’ll gain exposure to Lloyd’s markets, portfolio analysis, and global actuarial projects,

  • Work closely with underwriters and other members of the Actuarial pricing team to price 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 efficiency within the data manipulation process to help streamline the pricing workflow within the team ;

  • Assist with pricing during busy periods ;

  • Contribute to global actuarial projects as required, to drive gains across the whole SCOR global enterprise;

  • Support CAT modelling and reporting

Required experience & competencies

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 teamplayer spirit with experience of project participation

  • Ability to work effectively with minimal supervision

  • Selfstarter/motivator and creative

  • Interest in data science with preference given to programming capability and experience of Python, SQL or VBA.

Required 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.

SCOR

About SCOR

SCOR, one of the world's largest reinsurers, provides its clients with a diversified and innovative range of solutions to control and manage risk. Using its experience and expertise, “The Art & Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – in Life & Health as well as in P&C.

The reinsurance industry is about combining technical expertise and experience with the developments of science. However many tools we use to conduct our activities (models, databases, pricing tools, reserving tools, and so on), we also need expert judgments and human experience to correctly underwrite. This is what we call the art of underwriting. Reinsurance is a knowledge industry. Expertise is an accumulation variable.

The most advanced tool will never replace the intuition of a seasoned underwriter facing a complex risk. Because at the end of the day, you have to make a decision, to sign, to underwrite. And what we have underwritten, we cannot overwrite - our word is our bond, as is our signature. This dimension of our business, linked to the art of underwriting, is more important than some observers would have people believe.

One way to acquire this art is to share experiences – both good and bad – and to share doubts and questions. Artists always belong to a school, from which they learn their craft.

Like artists, we have to learn, imitate, mimic, and then innovate, in order to find our own style and create our own distinctive work.

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
Paris, FR
Year Founded
Unknown
Website
scor.com
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