Quantitative Modelling Specialist (Life & Health)

SCOR Group; Zürich; Hybrid; CHF 140,000 - 190,000; Full time

Job summary

SCOR Group in Zürich is seeking an experienced quantitative modeller with strong Python programming skills to enhance the Internal Model for L&H risks. The role involves designing robust software, maintaining governance, and communicating results to stakeholders across Risk Management, Finance and L&H units in Europe.

International collaboration is a core part of the work. The successful candidate will contribute to methodological enhancements and scalable modelling solutions within SCOR's

Qualifications

• Several years of professional experience in risk modelling or related quantitative disciplines.
• Strong Python programming skills and experience with large object-oriented applications.
• Ability to translate quantitative methodologies into robust software solutions.

Responsibilities

• Enhance and maintain Internal Model methodology for L&H risks.
• Design, develop and maintain Python implementations of modelling methods.
• Perform model change impact assessments and maintain technical documentation.
• Analyze, visualize and communicate model results to stakeholders.
• Collaborate with Risk Management, Finance, L&H Business Units and Data/AI teams internationally.

Skills

Quantitative modelling

Python programming

Software architecture

Model governance

Communication of results

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.