Head of Pricing and Modelling Reinsurance Global
Vor 6 Tagen
Reporting into the Global Head of Reinsurance Pricing & Modelling, you will lead a diverse group of P&M teams of Pricing actuaries and risk modellers based in different locations.
With a strong focus on providing technical modelling and pricing support, you will have the overall responsibility for the technical robustness of the models and methods used, which is ultimately assessed by a good pricing adequacy.
Working in close co-operation with the Chief Underwriter Officer and Head of Global Lines, you will lead dedicated P&M Re teams in providing analytical support to underwriting. The role-holder will draw on extensive technical and commercial experience in overseeing the reinsurance pricing (process) in all assigned markets.
**Why Join Us?**
SCOR supports your career and helps you develop your skills by encouraging mobility, blended learning through the SCOR University and offering a dynamic, innovative working environment in beautiful, light-filled offices overlooking Lake Zurich.
Our compensation includes attractive benefits (such as participation to public transportation, fitness, delicious meals and preferential insurance rates) and we promote a healthy work life balance through numerous initiatives and a hybrid working model.
As a socially responsible employer, our teams participate each year in projects around civic engagement, wellbeing and diversity in the workplace, environmental protection, and many others.
SCOR promotes diversity and equal treatment in all aspects of employment, from recruitment to evaluation, compensation, and talent management. The Group is proud to employ people who care about each other, their community and society. We do everything we can to encourage these attitudes in our employees and to empower them to make a difference.
Leading a group of expert teams with dedicated risk modelers and actuaries, the main responsibilities are:
- Ensure unbiased, independent, and timely risk assessment of reinsurance contracts and provide technical support to UW teams in all assigned markets. Peer review a set of large pricings.
- Ensure team resources are invested responsibly and effectively. This applies especially during renewal times when our workforce needs to focus on the pricing of medium, large and important reinsurance contracts
- Regularly review the pricing adequacy of all assigned portfolios. Take the necessary steps to improve the pricing adequacy for portfolios, where necessary.
- Establish a good collaboration and regular exchange with the other P&M Re regional managers.
- Establish a good team spirit and encourage open communication with your team leaders.
- Besides being responsible for managing the team, you are in charge of identifying, steering and coordinating projects conducted by the team.
- Work in close cooperation with the relevant Chief Underwriting officers in all Global Lines
- Ensure the P&M team works alongside underwriting colleagues in better understanding client / market risk through:
- Regularly participating in client meetings or calls
- Giving structural advice and new ideas
- Pricing in accordance with guidelines and deadlines
- Drive demand-based product innovation
**Experience**:
- At least 15 years’ work experience in Reinsurance with a focus on analytical / actuarial work like development / structuring of (re)insurance products, pricing/modelling of financial instruments and/or reinsurance contracts, development of new pricing tools.
- Sound technical capabilities in actuarial analysis.
- At least 5 years’ experience in people management; experience in running organisation with multiple teams in different locations is considered a plus
- Knowledge of some Global Lines and reinsurance underwriting is an advantage.
**Personal competencies**:
- Strong managerial capabilities with experience in coaching and development of team members
- Ability to understand different needs and requests, prioritize them and respond appropriately
- Brings positive attitude to address challenges
- Excellent command of English (written and spoken); additional languages are an advantage
- Willingness to travel (European offices and clients)
**Managerial competencies**:
- Team player personality with strong leadership and communication skills
- A strategic thinker who finds creative solutions
- Strong sense of reliability and responsibility
**Education**:
- Advanced degree in mathematics or related field or
- a full designation / qualification in a professional actuarial organization (e.g. Fellowship), together with an undergraduate degree.
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 Inv
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