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Senior Pricing Analyst

This role will work closely with primary insurers to understand and assist in the appropriate pricing of their reinsurance arrangements. The role is to ensure that we build a sustainable, profitable portfolio of Life & Health business by bringing SCOR’s global expertise to the Indian market. This will include working with Pricing experts at Regional and Global level within SCOR and will report to the Head of Pricing, Life & Health in India

A respected, customer focused, guiding actuarial team in developing and delivering work, to enhance SCOR’s ability to write profitable business.


The main responsibilities of the role are as follows:

  • Working with the India Pricing team, to price and document new reinsurance quotation requests in the India market across the whole range of Life insurance risks (Mortality, PA, Health, Critical Illness), adhering to a high technical standard and meeting client deadlines
  • Research on the India pricing basis, improving the quality of actuarial assumptions and supporting competitive quotations
  • Development of product enhancements tailored to the India market, providing innovative support to the market managers
  • Coordination with divisional risk management and actuarial teams on business referrals
  • Support marketing activities and external communication via presentations, client training etc.

The following attributes are required:

  • At least 5 years of relevant experience in Life & Health Insurance in any of the following: Actuarial Pricing / Products or Valuation or Risk Management
  • Strong data analytics capabilities, attention to detail and problem-solving ability
  • Preferably passed all CT series (or all CB, CS and CM series) from IFoA or IAI or equivalent. Making good progress with at least some of the higher papers.
  • Effective interpersonal skills, ability to manage competing tasks, meet deadlines
  • A self ‐ starter with the right cultural attributes to enhance SCOR’s reputation in the market
  • Proficiency in MS Excel and office applications
  • Prior exposure or experience in some of the following tools/software shall be advantageous - MS Access, VBA, SQL, R.
  • Strong communication skills (both verbal and written)
  • Ability to work in a small client ‐ oriented team and collaborate to optimize SCOR’s position

Required Education

  • Bachelor’s or master’s degree in any analytical discipline such as Mathematics, Actuarial Science, Statistics, engineering etc.
  • Good progress with Actuarial Exams

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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CEO of SCOR
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Thierry Léger
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SCOR is an independent global reinsurance company. Through our Life and Property & Casualty (P&C) business lines, we aim to provide our clients with value-added solutions and to pursue an underwriting policy based on profitability, through effect...

5 jobs
FUNDING
TEAM SIZE
DATE POSTED
August 5, 2023

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