- Performing pricing activities providing timely, reliable and consistent quotes incl. risk assessment and process compliance
- Develop local pricing models and benchmarks and adapt it according to the evolutions of global method assuring local consistency
- Support business function on product development (pricing, risk & profitability)
- Provide support to business activities (client visits, presentations, solutions, technical seminar, training, ...)
- Contribute to the innovative/strategic projects that will be carried on within the macromarket and/or the knowledge/ global pricing communities
- Analyzing the clients' experience within the quotation processes
- Improve the actuarial assumptions for pricing purposes
- Support projects for the development of data pools and client services based on experience analysis
- 2 to 5 years work experience in insurance/reinsurance with a focus on actuarial issues
- Experience with statistical and/or actuarial methods and tools : mostly Excel, VBA, Python and R.
- Work Standards: Setting high standards of performance for self and others; assuming responsibility and accountability for successfully completing assignments or tasks; self-imposing standards of excellence rather than having standards imposed.
- Communication: Clearly conveying information and ideas through a variety of media to individuals or groups in a manner that engages the audience and helps them understand and retain the message.
- Technical / Professional Knowledge: Having achieved a satisfactory level of technical and professional skill or knowledge in position-related areas; keeping up with current developments and trends in areas of expertise through the continuous learning
- Able to work in a large team and support high peak periods, developing and using collaborative relationships to facilitate the accomplishment of work goals.
- Adaptability: Maintaining effectiveness when experiencing major changes in work responsibilities or environment; adjusting effectively to work within new work structures, processes, requirements, or cultures.
- Stress Tolerance: Maintaining stable performance under pressure or opposition (such as time pressure or job ambiguity); handling stress in a manner that is acceptable to others and to the organization with strong sense of priorities
- Actuarial Science school
- Qualification or equivalency from a recognized actuarial organization is preferred
- Full proficiency in English (written and spoken)
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Actuary French Market - Paris, France - SCOR
Description
The actuary performs pricing and experience analysis on short term business (self-employed, group, non proportional) and on long term (credit life and Long-Trem Care) : mainly for French market and also to support the Belux market.
Key duties and responsibilities
The Actuary is in charge of all activities as defined in the SGL Pricing Process (cf. ICS) which covers all subprocesses of a deal quotation from data collection inc. experience analysis, assumptions setting, model development and analysis, final quote setting to CART reporting.
At Local layer the pricing activity is customer-focused, developing and delivering work to enhance SCOR's ability to write profitable new business, and does usually include (a) client services like product development and experience analysis, and (b) often is extended by corporate actuarial, finance/reporting and business development tasks.
Duties to fulfil this role include the following:
Market pricing:
Experience Analysis:
Required experience & competencies
Experience:
Personal Competencies:
Required Education
Language