Quantitative Modelling Specialist (Life & Health)

SCOR; Zürich; On-site; CHF 120,000 - 180,000; Full time

Job summary

SCOR in Zürich is seeking a candidate with strong quantitative and Python programming skills to enhance Internal Model methodologies for L&H risks. You will design robust software solutions, maintain governance, and communicate results to stakeholders across Risk Management, Finance, and L&H units.

The role offers collaboration with Data/AI teams in Paris, Dublin, Zurich and Cologne, and requires a solid quantitative background and the ability to translate methods into scalable software.

Qualifications

• Several years of risk modelling or related quantitative modelling experience.
• Strong Python programming and object-oriented software design.
• Able to translate quantitative methods into robust software solutions.
• Knowledge of Solvency II, Swiss Solvency Test, IFRS17 or L&H insurance risks is a plus.
• Solid quantitative background in mathematics, statistics, engineering or computer science.

Responsibilities

• Methodology: Enhance and maintain SCOR’s Internal Model for L&H risks and dependencies.
• Software engineering & implementation: Design, develop and maintain Python implementations of Internal Model methodologies.
• Model changes & governance: Assess impact of model changes and maintain technical documentation.
• Results analysis & communication: Analyse and visualise model results for stakeholders, focusing on L&H capital drivers.
• Collaboration: Work with Risk Management, Finance, L&H Units and Data/AI teams across Paris, Dublin, Zurich and Cologne.

Skills

Python programming

Risk modelling

OO programming

Software architecture

Communication

Tools

Git

SQL

Job description

Job Description

The successful candidate will bring strong quantitative and programming capabilities, sound software-engineering judgement and either existing knowledge of L&H insurance risks or a demonstrated ability to quickly develop expertise in new and complex domains.

Responsibilities

• Methodology: Enhance and maintain SCOR’s Internal Model methodology with a focus on L&H risks and dependencies with other risks.
• Software engineering & implementation: Design, develop and maintain robust, reliable and computationally efficient Python implementations of Internal Model methodologies, helping shape the architecture of the L&H modelling framework and applying sound software-engineering principles to ensure code quality, maintainability, scalability and performance.
• Model changes & governance: Perform model change impact assessments, contribute to methodological enhancements, maintain technical documentation and support cross-functional model development initiatives.
• Results analysis & communication: Analyse, visualise and communicate model results to internal stakeholders, with a particular focus on the drivers of L&H capital requirements.
• Collaboration: Collaborate withcolleagues across Risk Management, Finance, L&H Business Units and Data/AI in Paris, Dublin, Zurich and Cologne.

Qualifications

• Several years of relevant professional experience in risk modelling, actuarial modelling, quantitative modelling or a related quantitative discipline.
• Strong Python programming skills and experience developing and maintaining large object-oriented applications, with a good understanding of software architecture, code quality and maintainability.
• Ability to translate quantitative methodologies into robust, efficient and maintainable software solutions and to improve the performance and scalability of modelling applications.
• Knowledge of Solvency II, the Swiss Solvency Test, IFRS17 or L&H insurance risks is an advantage.
• Solid quantitative background in mathematics, statistics, actuarial science, engineering, computer science or a related discipline.
• Analytical mindset, proactive attitude and strong communication skills.
• Ability to work effectively in an international, multidisciplinary environment.

About Us

As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk,” SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.

Working at SCOR means engaging with some of the best minds in the industry – actuaries, data scientists, underwriters, risk modelers, engineers, and many others – as we work together to find solutions to pressing challenges facing societies.

As an international company, our common culture is defined by “The SCOR Way.” Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels in the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.

SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.