Pricing Actuary Milano

Pricing Actuary
Milano
Lombardia, Milano

Why Join us?

We are looking for people with pro-active attitude, open-minded and searching for more autonomy in the management of activity

SCOR Italia offers a multicultural environment with a motivating mix of experts and young colleagues and offers its Smart Work flexible working model that allows all employees to improve their work life balance, to ensure efficient and effective collaboration.

- Perform Pricing activities of the Italian business on all LoB: Personal Loan & Mortgage (CPI), Health (Medex), "Cessione della Quinto" (CQS/P), Death and Disability, Personal Accident, Critical Illness and LTC in accordance with SCOR internal process and profitability Key indicators.

Both for proportional and non-proportional business

- Support business function on product development (pricing, risk & profitability) and on client services based on experience analyses

- Providing profitability report/analysis for Global and Regional Pricing/RM in business approval process

- Develop and assume the maintenance of the local pricing models, tools in accordance with SCOR process and methodology

- Contribute to the update of SCOR Best Estimate (BE) for the Italian market: review of pricing model assumptions

- Assume key role in experience analysis process:

- Collect data management from SCOR partners (Cedent, Broker, TPA)

- Providing analysis of actual vs expected experience

- Support project for the development of data pools and programs for data analysis

- Assume the monitoring on Medex, CPI, CQP/S portfolio ' s LoB in relation with other Experience Analysis Teams

- Collaborate with Finance functions providing estimation of future P&L accounts consistent with IFRS-17 principles

- Participates in community events like SCOR seminars, actuarial events.

**Knowledge**:

- Statistics and mathematics

- Knowledge of SAS, Visual Basic, Prophet (Alteryx, Python, R will be considered as a plus)

- Microsoft Office: Word, Excel, PowerPoint

- Languages skills: Fluent in Italian & English (French and/or Spanish are a plus)

- Experience in Italian Health LoB will be appreciated

- At least 5 years work experience in insurance/reinsurance with a focus on actuarial issues, and significant experience in pricing in the Italian market

**Competences**:

- Excellent analytical skills in statistics and mathematics

- Good ability to deeply analyze data management results

- Capability to provide analysis and recommendations

- Rigorous way of working whilst flexible with a strong sense of priorities

- Team work and excellent communication skills

- Proactive and positive attitude.

Open mind to face non-standard risk valuation

- Availability to travel

**Required Education**:

- University degree in Actuarial Science or qualification or equivalency from a recognized actuarial organization

SCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk.

Leveraging experience and expertise to deliver "The Art & Science of Risk", SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk - from Life & Health and Property & Casualty insurance to Investments.

Our specialized teams operate in over 160 countries, fostering long-term relationships with clients.

In order to provide our clients with a broad range of innovative reinsurance solutions, SCOR pursues an underwriting policy that is founded on profitability and supported by effective risk management strategy and a prudent investment policy.

This approach allows us to offer clients an optimum level of security, to create value for shareholders, and to contribute to the welfare and resilience of society by helping to protect insureds against the risks they face.

At SCOR, we believe that employing people from different backgrounds and ensuring inclusivity is a major driving force for the success of the Group.

We are committed to fostering a work environment in which all employees are treated fairly and respectfully, have equal access to opportunities and resources, and can contribute fully to SCOR's success.