Junior Nat Cat Pricer

The Junior Nat Cat Pricer analyses and prices P&C reinsurance treaty business for assigned markets and lines of business. The role also participates in developing, cultivating and maintaining the Pricing & Modelling community, driving innovation and fostering a culture of service through various projects.

This role supports the Cat Manager with ensuring smooth operations, by ensuring pricing and accumulation are timely, accurate and compliant with guidelines and with the catastrophe risk management of SCOR’s portfolio.

Key duties and responsibilities

Support

1. Support treaty reinsurance catastrophe modelling support to underwriters. Analyse cedant exposure/modelled results received from clients/brokers and import into vendor risk modelling environment for in-house modelling.
2. Support the delivery of catastrophe risk pricing of treaty reinsurance using those vendor models, experience and/or internally developed tools as per SCOR process and guidelines.
3. Be a point of contact for one or more markets.

Analytics:

1. Support projects and follow-up questions / modelling assumptions brought up by underwriters and/or analysts.
2. Collaborate in transverse initiatives (Cat Systems, Analytics and Governance, wider Reinsurance or Specialty Insurance units).
3. Support to the AvE Analysis.

Project / Research:

1. Collaborate in projects on Nat Cat topics to support the Nat Cat team and the business.
2. Collaborate in projects to answer underwriter-specific queries on hazard, vulnerability and model behaviour.
3. Learn to understand and interrogate vendor models to develop appropriate risk-views for pricing and accumulation.
4. Collaborate in research related to better understanding of natural perils.

Join senior Nat Cat Analysts in client visits as required.

Experience

1. Excellent academic qualifications including a minimum of a bachelor’s degree in mathematics, actuarial science, other scientific discipline (statistics, physics, natural science), economics or finance.
2. An advanced degree (master’s or PhD) would be a plus.
3. Insurance qualification or actuarial credentials are strongly preferred.
4. No prior work experience is required.
5. Sound knowledge of Microsoft Office (Proficiency in Excel), SQL, GIS, and programming skills ideally in R or Python.
6. Clear communicator, able to structure an argument and explain complex issues in a simple way. Team player, interested in sharing knowledge and helping to develop the team.

Competencies

1. Highly motivated and driven individual who has the maturity to work with a diverse group of personalities.
2. Strong work ethics and ability to work in a rapidly changing and complex environment.
3. Strong organizational and time management skills.
4. Effective communication and collaboration skills with effective interpersonal verbal and written skills to communicate with non-technical colleagues.
5. Good analytical and problem-solving skills.
6. Good business acumen – synthesizes analytical skill with business insight.
7. Self-starter who finds creative solutions and brings a positive attitude to address challenges.
8. Willingness to travel in the region.