SCOR

Pricing & Modelling Reinsurance Apprentice

SCOR  •  Paris, FR (Onsite)  •  1 hour ago
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Job Description

The main role is to assist the team through:

  • During the contract renewal periods: analysis of submission data, capture of data to be used for case pricing and cat modelling and participation in the case pricing and cat modelling of usual standard accounts.
  • Outside of the contract renewal periods: involvement in various projects such as update of benchmark studies, indexes, market models, calibration factors, pricing parameters or development of pricing and modelling methods and tools.

The jobholder will have strong technical interest, an analytical mindset and good communication skills.

Preference for a candidate that can be in the company on a weekly basis.

Start of the job no later than end of September 2026.

  • Review and capture of submission data, technical pricing and modelling of reinsurance accounts and review of pricing and modelling results, providing insightful analysis to other actuaries, modellers and underwriters through clear communication.
  • Work closely with actuaries, modellers and underwriters to develop and maintain appropriate pricing benchmarks, calibration factors, models, methods and tools.
  • Assist in the review of (re)insurance parameters and economic assumptions used for Pricing and Modelling.

Personal skills

  • Communication: Good interpersonal verbal and written skills
  • Teamwork: Ability to work collaboratively with others in the Pricing & Modelling Team.
  • Personality: a self-motivator who is keen to learn and pro-active.
  • Flexibility: the ability to manage workload and prioritise different tasks.
  • Autonomous
  • Thinker with an analytical mindset.
  • Integrity: the ability to make a principled stand where required.

Required qualification

  • Studying towards a degree (Bachelor, Master 1 or Master 2) in a quantitative discipline (Applied Mathematics, Statistics, Finance, Data Science)
  • Pursuit of an Actuarial qualification or an Engineer qualification is a plus
  • Good English verbal and written

Nice to have

  • Some knowledge of (Re)Insurance
  • Excel and the ability to manipulate and format data sets
  • VBA, SQL, Python, R, Git, Tableau

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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