Pricing & Modelling Reinsurance & MGA Analysis Apprentice

The main role is to assist the team through:

• supporting the production of pricing analytics, contract pricing and modelling, portfolio analysis, and process improvement leveraging the latest technology, tools and methodologies
• represent the team in global projects at the forefront of technical innovation in portfolio pricing and modelling and management reporting

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

• Participate in big data projects across the Team; model evaluation, sensitivity testing and calibration studies
• Work closely with underwriters, underwriting management and other members of the actuarial pricing team to develop future KPI metrics and to develop and maintain appropriate pricing benchmarks, methods and tools.
• Evaluate premium, exposure and loss data and provide technical pricing indications
• Independently structure and complete complex analyses for Pricing & Modelling
• 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 take on increasing responsibility over time.
• 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 haves :

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

SCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Leveraging experience and expertise to deliver “The Art & Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – from Life & Health and Property & Casualty insurance to Investments. Our specialized teams operate in over 160 countries, fostering long-term relationships with clients. 

In order to provide our clients with a broad range of innovative reinsurance solutions, SCOR pursues an underwriting policy that is founded on profitability and supported by effective risk management strategy and a prudent investment policy. This approach allows us to offer clients an optimum level of security, to create value for shareholders, and to contribute to the welfare and resilience of society by helping to protect insureds against the risks they face.

At SCOR, we believe that employing people from different backgrounds and ensuring inclusivity is a major driving force for the success of the Group. We are committed to fostering a work environment in which all employees are treated fairly and respectfully, have equal access to opportunities and resources, and can contribute fully to SCOR’s success. 

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