SCOR is looking for an Actuary, Pricing to perform transactional pricing for reinsurance deals within approved authority limits. At SCOR, we serve both to build momentum that drives the Group forward and as a compass to guide our actions and choices. You'll be instrumental in analyzing risk and developing accurate pricing models in a collaborative environment.
What You'll Do
- Perform transactional pricing activities for deals within approved authority limits.
- Conduct experience analysis, including client experience and mortality assessments.
- Set and validate pricing assumptions, identifying and quantifying risks.
- Recommend and assess risk mitigation strategies and structural solutions.
- Develop actuarial models, including liability population cells and data tables.
- Run models and perform sensitivity analyses, ensuring accuracy and consistency.
- Analyze the impact of changes in assumptions, methodologies, and product features.
- Create complete and clear documentation that captures assumptions and reasoning.
- Work collaboratively with the client deal team to gain approval for deals above local authority limits.
- Work with the US Actuarial Pricing Team to deliver a quality and timely priced product.
- Complete necessary analysis for client requested treaty amendments and make recommendations.
- Develop and maintain strong partnerships with marketing actuaries and account executives.
- Work with Corporate Actuarial staff to improve data modeling and establish valuation numbers.
- Assist other departments on various corporate projection work.
- Research technical topics, share knowledge, and implement decisions in the pricing process.
What We're Looking For
- Bachelor’s degree or foreign equivalent in Actuarial Science, Finance, Economics, or a related field.
- Five (5) years of progressively responsible experience in the job offered or related occupation.
- Experience with validation of detailed cash flow, reserve pattern, and capital component output.
- Experience working with international and national pricing development teams.
- Proficiency with pricing platforms and related pricing tools.
- Experience developing and recommending pricing assumptions.
- Experience building and reviewing actuarial models to price new business requests.
Team & Environment
You will work with the US Actuarial Pricing Team, Corporate Actuarial staff, marketing actuaries, and account executives. Our core values emphasize caring about clients, people, and societies; performing with integrity; acting with courage; encouraging open minds; and thriving through collaboration.
Work Mode
This position follows a hybrid work model and is based in Charlotte, NC.
SCOR is an EOE and supports inclusion and the diversity of talents. All positions are open to people with disabilities.
