Senior Pricing Actuary

2 weeks ago

London, Greater London, United Kingdom SCOR Full time

As a Senior Pricing Actuary, you will play a key role in developing and maintaining pricing models for Property, Construction, and Specialty lines of business at SCOR. You will work closely with the Underwriting and P&M operations team to ensure pricing adequacy and profitability.

This role is ideal for a commercially-minded Senior Pricing Actuary who wants to broaden their knowledge and take the next step in their career. You will have the opportunity to work within a diverse and growing pricing team and contribute to business planning and portfolio analysis.

Key Responsibilities
  • Manage the Property, Construction & Specialty P&M team, including organization, resource allocation, and development of team members
  • Support the development and enhancement of SBS pricing tools
  • Participate in model design, development, evaluation, sensitivity testing, and calibration studies
  • Ensure pricing models are appropriately calibrated and used correctly by underwriters
  • Participate in the onboarding of various lines of business and pricing models on the Underwriting Platform
  • Contribute to portfolio analysis, business planning, and recalibration
  • Pricing the outwards reinsurance for the portfolio to assist placement by the retro team
  • Lead/represent SBS Pricing in various projects as and when required
  • Contribute to various regulatory tasks such as the Lloyd's Performance Management Data Return (PMDR), and board reports
Requirements
  • Fellow of the IFoA (or any recognised actuarial organisation)
  • Degree in a quantitative discipline or related field required, or equivalence
  • Extensive pricing experience in P&C large corporate insurance and London Market with significant exposure to Property, Energy, and Specialty lines of business
  • Solid understanding of basic ratemaking concepts on exposure adjustments, trend, loss development, exposure rating, and experience rating
  • Strong problem-solving skills, ability to handle large, complex datasets, and experience using Python or R

At SCOR, we value commercial acumen and technical expertise. If you have experience managing a diverse team and are passionate about pricing, we encourage you to apply for this exciting opportunity.

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