Team Lead Risk Modelling

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.

In this role your main responsibility is the continuous development of the Life & Health (L&H) risk methodology within the Internal Model. You will also lead projects beyond the L&H module such as dependency modelling to other risks, operational risk or credit risk.

As a team lead you will manage, lead and develop experts to ensure that the team reaches their goals efficiently. You will interact with senior management, relevant business partners, and supervisors, which requires strong communication skills.

You have a track record of following actuarial best practice in your daily work and bring pro-found understanding L&H modelling and deep knowledge of Solvency II and/or SST.

Key duties and responsibilities

• Lead, manage, and mentor a team of risk modelling experts while fostering collaboration.
• Lead the continuous development of the L&H risk module within the Internal Model.
• Oversee and support the yearly calibration process of various L&H risk factors.
• Lead projects which go beyond the L&H risk module, such as dependencies to other risk modules, operational risk or credit risk.
• Collaborate with all experts working on the Internal Model to ensure consistency across modules
• Work closely with experts within the Risk Management, L&H Business unit, and L&H Reserving teams within Finance.
• Understand the implications of model changes and the corresponding regulatory requirements.
• Explain and justify the model in front of senior management and in front of regulatory supervisors.

Required experience & competencies

• Substantial professional experience in actuarial or risk modelling gained in insurance or reinsurance.
• Project or team leadership experience
• Extensive knowledge of L&H actuarial topics
• Knowledge in other modelling fields like risk aggregation/dependency modelling, market risk, credit risk or operational risk is advantageous
• Solid programming skills (Python experience would be advantageous).
• Deep knowledge of Solvency II and/or SST
• Excellent communication skills and ability to adapt style depending on audience
• Ability and drive for continuous improvement
• Experience in working in a multi-cultural environment

Required Education

Master or PhD in Actuarial Science, Mathematics, Physics or similar quantitative discipline

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.

We accept applications for full-time and part-time %) and are looking forward to receiving your application