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Pricing Actuary
SCOR
posted 1mon ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
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
Required Experience & Competencies
The following attributes are required:
- At least 5 years of relevant experience in Life & Health Insurance in any of the following: Actuarial Pricing / Products
- Strong data analytics capabilities, attention to detail and problem-solving ability
- Preferably qualified or close to qualification from IFoA or IAI or equivalent.
- 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 office and office applications like R
- Strong communication skills (both verbal and written)
- Ability to work in a small client oriented team and collaborate to optimize SCOR s position
- Prior experience with a reinsurer or actuarial consulting will be an added advantage
Required Education
The following attributes are required:
- Bachelor s or master s degree in any analytical discipline such as Mathematics, Actuarial Science, Statistics, Engineering etc.
- Qualified or close to qualification from IFoA or IAI or equivalent
- Any certification or degree in data Science/Analytics would be preferred
Key Duties and Responsibilities
In your role you are expected to work for the India pricing and product development initiatives and proactively engage with all internal stakeholders. At the same time, you will benefit from the Divisional team s expertise in pricing and product development across other Asian markets and from SCOR s leading R&D Centers in medical Underwriting and Life insurance risks.
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.
Employment Type: Full Time, Permanent
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based on 5 employees
Flexible timing
Monday to Friday
No travel
SCOR Benefits
Cafeteria 
Education Assistance 
Soft Skill Training 
Health Insurance 
Work From Home 
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