Trainee Pricing Actuary - Treaty

SCOR UK Company Limited; London; On-site; GBP 125,000 - 150,000; Full time

Job summary

An established industry player is seeking a motivated individual to join their Actuarial Pricing team. This role offers the opportunity to support the analysis of Treaty and Lloyd's business while actively pursuing a recognized actuarial qualification. You'll be involved in pricing support, data handling, and project participation, contributing to global actuarial projects. If you have a background in mathematics or economics and a keen interest in data science, this position provides a collaborative environment where your analytical skills and programming knowledge can shine. Join a team that values creativity and self-motivation, and take the next step in your actuarial career.

Qualifications

• Some actuarial work experience in insurance/reinsurance or mathematical modelling.
• Familiarity with Microsoft Office applications and programming languages.

Responsibilities

• Provide pricing support to actuaries and underwriters as per guidelines.
• Participate in portfolio monitoring and analyses.

Skills

Analytical Skills

Communication Skills

Team Collaboration

Self-motivation

Attention to Detail

Interest in Data Science

Education

University degree in mathematics

Willingness to attain a professional actuarial designation

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Python

SQL

VBA

Job description

The position is in the Actuarial Pricing team, supporting the analysis of Treaty and SCOR Underwriting Limited’s Lloyd’s business. The position holder will be actively studying for a recognised actuarial qualification.

Responsibilities

1. Provide pricing support to actuaries and underwriters in accordance with pricing guidelines
2. Ensure data is handled accurately in a timely and consistent manner
3. Participate in portfolio monitoring and analyses
4. Active team member in class of business studies
5. Provide input to projects and global actuarial projects as required
6. Support development and testing of pricing tools.

Qualifications

Experience:

1. The ideal candidate will have gained some actuarial work experience in insurance/reinsurance or mathematical modelling
2. Experience of participation in projects and teams

Personal Competences:

1. Familiarity with standard Microsoft Office applications such as Excel, Word and PowerPoint
2. Excellent analytical skills with attention to detail
3. Able to communicate clearly and concisely, verbally and in writing
4. Collaborative team‐player spirit with experience of project participation
5. Ability to work effectively with minimal supervision
6. Self‐starter/motivator and creative
7. Interest in data science with preference given to programming capability and experience of Python, SQL or VBA.

Education:

1. University degree in mathematics, economics or related field or equivalent
2. Willingness to attain a professional actuarial designation