Senior Pricing Actuary for Global Operations

il y a 4 semaines


Paris, Île-de-France SCOR Temps plein

Position Overview

The Global Pricing division plays a crucial role in supporting and regulating the pricing operations of SCOR L&H macro-markets, as well as collaborating with group functions such as Finance for internal retrocession activities. The team is responsible for establishing pricing methodologies and assumptions, sharing expertise, ensuring adherence to best practices, and maintaining quality controls while aligning with broader Business Unit strategies.

Key Responsibilities

  • Assist in business acceptance decisions for complex pricing cases, particularly those involving Protection, Longevity, or Financial Solutions.
  • Provide expert guidance to local pricing teams on various technical matters.
  • Review internal retrocession pricing between SCOR entities, focusing on ensuring equitable pricing assumptions and treatment.
  • Collaborate with local teams and research functions to develop accurate pricing assumptions for a wide range of life reinsurance risks.
  • Contribute to the enhancement of pricing tool infrastructure, particularly through the reduction of reliance on multiple Excel tools, with a focus on transitioning to Python-based solutions.
  • Support the maintenance and development of shared pricing tools utilized across different markets.
  • Promote operational risk standards within the Life pricing function through tool development and other initiatives.

Specific Tasks

  • Formulate official opinions on referred pricing cases in collaboration with Underwriting Risk management.
  • Optimize the Global Referral process in coordination with Underwriting Risk Management.
  • Review internal retrocessions to ensure compliance with established pricing methodologies.

Python Development

  • Develop Python tools to facilitate platform development and establish a common framework for pricing tool implementation.
  • Assist local teams in the development of specific pricing tools using the new platform.
  • Support the transition of projects from pilot phases to broader implementation.
  • Collaborate with IT to ensure necessary infrastructure support for tool hosting and development.

Operational Risk Standards

  • Contribute to the development and adoption of pricing guidelines related to model construction and testing.
  • Engage in other operational risk initiatives, including model reviews.

Qualifications

  • Actuarial qualification and current certification or equivalent.
  • Proficiency in Python, either through study or practical experience.
  • 8-10 years of experience as a pricing actuary, with international exposure preferred.
  • Strong communication skills, particularly in complex contexts.

At SCOR, we pride ourselves on our commitment to excellence and innovation in reinsurance and insurance solutions. Our team is composed of highly skilled professionals, including actuaries, data scientists, and underwriters, all working collaboratively to address the challenges faced by societies globally.

We uphold our core values of integrity, courage, open-mindedness, and collaboration, ensuring that we not only meet but exceed the expectations of our clients and stakeholders.



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