VP, Senior Pricing Lead

SCOR Group; Chicago (IL); Hybrid; USD 194,000 - 263,000; Full time

Benefits offered by this job

Medical, vision, dental coverage

401(k) with match

Defined contribution retirement plan

Life and AD&D insurance

Disability insurance

Flexible parental leave

Unlimited sick days

Learning & development resources

Wellness tools and rewards

Gym memberships network

Job summary

SCOR Group in Chicago seeks an experienced pricing leader for U.S. Property and MGA programs. You will drive technical pricing, CAT risk assessment, and portfolio analytics while partnering with underwriting to support profitable growth.

The role includes governance, tool development, and cross-functional mentoring. You will lead market studies, parameter updates, and actual-versus-expected analyses, coordinating with CAT R&D on vendor models.

Qualifications

• Bachelor's degree in actuarial science, mathematics, statistics, economics, or related field.
• FCAS designation is required with 10+ years pricing and modeling experience.
• 5+ years in U.S. Property pricing and experience with cat models preferred.
• Strong communication to explain complex concepts to underwriters; proficient in Excel/SQL.

Responsibilities

• Lead technical pricing of U.S. Property treaties and MGA programs using experience- and exposure-based approaches.
• Collaborate with underwriting to communicate pricing recommendations and profitability analyses.
• Participate in MGA program audits to strengthen governance and compliance.
• Lead market studies, pricing parameter updates, and analyses; improve pricing methods and tools.
• Mentor junior actuaries and analysts; share knowledge across the team; partner with various functions.

Skills

FCAS designation

Pricing & modeling experience

Communication skills

Excel & SQL

Team collaboration

Education

Bachelor's degree in actuarial science or related field

Tools

RMS cat models

Verisk cat models

Excel

SQL

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.