VP, Senior Pricing Lead

SCOR; Chicago (IL); On-site; USD 194,000 - 263,000; Full time

Benefits offered by this job

Medical, vision, and dental coverage

401(k) Plan with competitive match

Life and AD&D insurance

Disability insurance

Unlimited Sick Days

Learning & Development Resources

Job summary

SCOR, a leading global reinsurer, seeks a senior actuary to lead pricing and risk assessment for U.S. Property treaty and MGA business in Chicago. You will guide pricing methodologies, analytics, and governance while partnering with underwriting to support profitable growth.

You will mentor junior staff, collaborate across claims, reserving, finance, and underwriting, and drive automation and standardization of P&M processes in a hybrid work setting.

Qualifications

• Bachelor's degree in actuarial science, mathematics, statistics, economics, or related field.
• FCAS designation and 10+ years pricing/modeling experience, including 5+ years in U.S. Property.
• Experience with RMS or Verisk cat models preferred.

Responsibilities

• Lead technical pricing of U.S. Property treaties and MGA programs with exposure-based methods.
• Collaborate with underwriting to communicate pricing and profitability insights.
• Support MGA program audits and strengthen governance and oversight.
• Lead market studies, pricing parameter updates, and analyses.
• Collaborate with CAT R&D on vendor model evaluation and calibration.
• Mentor junior actuaries and analysts; share best practices.
• Maintain strong cross-functional feedback with underwriting, claims, reserving, finance, and distributions.

Skills

Actuarial judgment

Excel

SQL

Communication

Team collaboration

Education

Bachelor's degree in actuarial science/related field

Tools

RMS

Verisk

Job description

Responsible for leading the pricing and risk assessment of U.S. Property treaty and MGA business, partnering closely with underwriting to support profitable growth and informed decision-making. This role provides technical leadership in pricing, portfolio analytics, cat risk assessment, and market studies, while driving the enhancement of pricing methodologies, tools, and governance practices. The position also serves as a trusted subject matter expert, fostering cross-functional collaboration and mentoring talent across the organization.

Responsibilities

• Lead the technical pricing of U.S. Property treaties and MGA programs, using both experience- and exposure-based approaches, CAT model outputs, and actuarial judgment. Ensure all pricing work complies with Actuarial Standards of Practice (ASOPs), CAS professional standards, and internal pricing governance and controls.
• Partner closely with U.S. Property treaty and MGA underwriting teams to support business decisions by clearly communicating pricing recommendations, analytical insights, and profitability assessments for both new and renewal opportunities.
• Participate in MGA program audits, identifying and addressing issues to strengthen program oversight, governance, and compliance.
• Lead U.S. Property market studies, pricing parameter updates, annual actual-versus-expected analyses, and other local and global initiatives. Drive the development and enhancement of pricing methodologies, tools, and best practices.
• Collaborate with CAT R&D teams on vendor model evaluations and model calibration efforts to improve SCOR’s view of risk and strengthen pricing and modeling capabilities.
• Serve as a U.S. Property subject matter expert, mentoring and developing junior actuaries and analysts while sharing technical knowledge and best practices across the team.
• Maintain strong feedback loops with underwriting, claims, reserving, finance, and accumulations teams to ensure timely and accurate information sharing, resolve issues, and support business objectives.
• Drive continuous improvement of P&M processes through automation, standardization, and innovation to enhance efficiency and support evolving business needs.

Qualifications

• Bachelor’s Degree in actuarial science, mathematics, statistics, economics, or a related field with a strong mathematical background is required.
• FCAS designation required. 2. 10+ years of re/insurance pricing and modeling experience, including 5+ years in U.S. Property.
• Prior experience with RMS or Verisk cat models strongly preferred.
• Effective verbal and written communication skills, with a proven ability to explain complex technical concepts clearly and persuasively to underwriters.
• Proficiency in Excel, SQL, and other data analytical tools.
• Strong analytical, problem-solving, and actuarial judgment capabilities.
• Ability to manage multiple priorities and deliver high-quality analysis under time-sensitive deadlines.
• Collaborative team player who builds effective partnerships across underwriting, claims, reserving, and finance and other functions.

You may not meet every requirement listed in the job description. If you bring broad expertise and alignment to the role and resonate with our core values, we encourage you to apply.

Relocation assistance within the U.S. is available for this position. Candidates must have valid authorization to work in the U.S. without the need for employer sponsorship now or in the future.

Hybrid Work Policy:

SCOR is committed to an “in-office” culture where people can collaborate, exchange ideas, and establish stronger working relationships while ll providing flexibility. To support employee work-life balance and increase opportunities for employees to excel every day, SCOR operates with a hybrid working arrangement. SCOR employees work 3 days per week in an office with the flexibility to work 2 days per week remotely.

At SCOR, we CARE about clients, people, and societies, and we are committed to placing them at the center of everything we do. Providing great benefit choices to you and your family is just one of the ways we support the physical, financial, and emotional well-being of the people who make our company successful – you.

Benefits We Offer

• Medical, vision, and dental coverage
• 401(k) Plan with a competitive match
• Company-funded Defined Contribution Retirement Program
• Life and AD&D insurance
• Long- and Short-Term Disability
• Flexible Parental Leave
• Unlimited Sick Days
• Volunteer Time
• Summer Fridays
• Learning & Development Resources
• Personal Wellness Tools and Rewards
• Competitively priced gym memberships from a large nationwide network of gym brands and local fitness studios
• And More!

Pay Range for roles performed in CHI: $194,000-$262,500 base salary per year. Actual salaries may vary based on various factors including but not limited to location, experience, role and performance. The range listed is just one component of SCOR's total compensation package for employees. Other rewards may include annual bonuses, short- and long term incentives. In addition, we provide a variety of benefits to employees, including health insurance coverage, life and disability insurance, a retirement saving plan, paid holidays and paid time off.

• Locations 233 S. Wacker Drive, Chicago, IL, 60606, US

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 of 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.