Pricing Actuary

We are seeking proactive, open-minded individuals who desire greater autonomy in managing activities.

SCOR Italia offers a multicultural environment with a motivating mix of experts and young colleagues, along with its flexible Smart Work model to enhance work-life balance and promote efficient collaboration.

Responsibilities

1. Perform pricing activities for the Italian business across all Lines of Business (LoB): Personal Loan & Mortgage (CPI), Health (Medex), Cessione della Quinto (CQS/P), Death and Disability, Personal Accident, Critical Illness, and LTC, following internal processes and profitability indicators, for both proportional and non-proportional business.
2. Support product development (pricing, risk, and profitability) and client services based on experience analyses.
3. Provide profitability reports and analyses for global and regional pricing and RM during business approval processes.
4. Develop and maintain local pricing models and tools according to SCOR processes and methodologies.
5. Contribute to updating SCOR's Best Estimate (BE) for the Italian market by reviewing pricing model assumptions.
6. Lead experience analysis processes, including data collection from partners (cedent, broker, TPA), and analyze actual versus expected experience.
7. Support projects for developing data pools and analysis programs.
8. Monitor LoB portfolios like Medex, CPI, CQP/S in coordination with Experience Analysis Teams.
9. Collaborate with Finance to estimate future P&L aligned with IFRS-17 principles.
10. Participate in community events such as SCOR seminars and actuarial conferences.

Knowledge & Skills

• Statistics and mathematics expertise.
• Proficiency in SAS, Visual Basic, Prophet; knowledge of Alteryx, Python, R is a plus.
• Microsoft Office Suite: Word, Excel, PowerPoint.
• Fluent in Italian and English; French and/or Spanish is advantageous.
• Experience in Italian Health LoB is preferred.

Experience & Education

• Minimum 5 years in insurance/reinsurance, focusing on actuarial issues and pricing within the Italian market.
• Degree in Actuarial Science or equivalent from a recognized organization.

Competencies

• Strong analytical skills in statistics and mathematics.
• Ability to analyze data deeply and provide insights and recommendations.
• Rigorous yet flexible working style with good prioritization skills.
• Excellent teamwork and communication skills.
• Proactive, positive attitude, open to non-standard risk valuation.
• Willingness to travel.

SCOR, the 4th largest reinsurer worldwide, offers a diversified range of risk management solutions and services, operating in over 160 countries. We prioritize profitability, effective risk management, and prudent investments to deliver secure, innovative solutions that create value for clients and shareholders.

We are committed to diversity and inclusion, fostering a respectful work environment where all employees can thrive and contribute to our success.