L&H Pricing Actuary Central Europe at SCOR
Köln, Nordrhein-Westfalen, Germany -
Full Time


Start Date

Immediate

Expiry Date

10 Jul, 25

Salary

0.0

Posted On

06 Jun, 25

Experience

7 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Risk, Project Management Skills, Mathematics, Economics, Data Analytics, Collaboration, Actuaries, Engineers, Client Orientation, Scor

Industry

Financial Services

Description

As Senior Pricing Actuary in the International Desk he/she provides pricing and actuarial support in Central Europe markets (Germany, Netherlands and Belgium markets) and ensures compliance with global processes, methods and tools. He/She collaborates with SCOR management and business functions locally, regionally and globally.

Pricing and actuarial activities are mainly referred to:

  • provide reliable, consistent and timely pricing quotes, modelling and assessing profitability
  • setting best estimate assumptions and guidelines,
  • preparing calculation basis for customer products,
  • monitor pricing KPI’s and ensure compliance with processes (including reporting), methods and tools, with clear focus in operational excellence.
  • Prepare and evaluate reinsurance offerings and actuarial pricings in a timely, reliable and consistent way
  • Development of pricing methods, tools and local guidelines incl. actuarial base assumptions in close collaboration with people in charge of approve and sign off.
  • Monitor pricing governance and ensures compliance with pricing and underwriting governance, processes, methods and tools
  • Proactively interact with Market Managers, supporting clients and marketing activity, to come up with viable and innovative pricing solutions, ensuring pricing consistency between and within the different markets assessing the competitive situation and market trends
  • Ensure communication with pricing teams in other locations and other functions locally and globally, including the defense of cases in escalations process to top management
  • Contribute to innovative/strategic projects in L&H community and knowledge sharing contributing to SCOR visibility in the industry.
  • Live and promote SCOR values: Integrity, Care, Open Mind, Collaboration and Courage

EXPERIENCE:

  • At least 7 years in specific work experience in (re)insurance with a focus on mathematical/statistical and actuarial issues
  • Modelling and project management skills, including Financial Solutions
  • Knowledge about insurance distribution and client orientation in the relevant markets for the position
  • Advanced IT skills of standard software (MS Office) and data analytics (e.g., SAS, R, Python).

REQUIRED EDUCATION:

  • University degree/master’s degree in mathematics or economics with the main focus on Mathematics and statistical skills
  • Preferably membership in actuarial association/qualified as an actuary or equivalency from a recognized organization
    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
Responsibilities

Please refer the Job description for details

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