SCOR

Head of Natural Catastrophe

SCOR  •  Paris, FR (Onsite)  •  3 months ago
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Job Description

The role encompasses external representation of SCOR in the global Nat Cat modelling community.

Key duties and responsibilities

  1. Strategic oversight of Natural Catastrophe Modelling Analytics; defining SCOR’s Nat Cat risk appetite in alignment with corporate strategy
  • Lead the evaluation and development of catastrophe models in close collaboration with local Cat modelling teams.

  • Drive Nat Cat R&D team, proposing updates to model calibration and coordinating implementation across stakeholders.

  • Conduct Nat Cat analyses to sharpen SCOR’s view of risk, with a particular focus on the implications of climate change.

  • Review the NAT CAT operating model including processes,governance, data flows, tools and external Risk modeling system landscape for Nat Cat risk management and modeling

  1. External Representation; positing SCOR in the market to support strtetegic intent and direction

  • Represent SCOR at industry conferences, client meetings, and vendor engagements

  • Act as a thought leader in the catastrophe modelling space by delivering presentations, and participating in expert panels to and sharing SCOR’s insights and innovations in Nat Cat risk assessment.

  • Strengthen SCOR’s visibility and influence by actively shaping conversations in the catastrophe modelling community and promoting SCOR’s strategic perspectives.

  • Build and maintain strong relationships with external stakeholders including academic institutions, regulatory bodies, and modelling firms.

3. Commercial orientation; bringing SCORs unique position to the front of all discussions

  • Differentiate SCOR’s offering to clients

  • Support business development and client engagement

  • Interpret macro shifts (climate, regulation, hazard trends, technology)

  • Predict emerging risks and provide strategic recommendations to COMEX / P&C leadership.

Required experience & competencies

  • Minimum 8 years of experience in natural catastrophe modelling, risk analytics, or related disciplines within the (re)insurance industry.
  • Strong leadership and project management skills.
  • Strong commercial acumen and strategic mindset
  • Excellent communication with the ability to manage stakeholders and influence at all levels.
  • In depth knowledge of the main natural catastrophe vendor models including their strengths and weaknesses.
  • Strong technology skills with proven track record in designing integrated systems - ideally in the (re)insurance sector.

Required Education

  • Advanced degree in a relevant field (e.g., geophysics, engineering, data science).

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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