Pricing Actuary, Longevity

SCOR is the world's fourth-largest reinsurer. As a Tier 1 global reinsurance company, our Life and P&C business lines provide clients across the globe with a comprehensive range of reinsurance solutions. Independent rating agencies consistently rank SCOR among the most financially secure reinsurers worldwide. The Global Longevity team at SCOR is a recognised leader in the longevity reinsurance market. Over the past decade, we've built deep expertise in the UK bulk annuity de-risking market, supporting insurers and pension schemes in meeting their long-term commitments to annuitants and pensioners. We've also developed strong capabilities in the individual annuity space, particularly through the use of medical underwriting. Our technical expertise enables us to price longevity risk across a wide range of health conditions at retirement. Our success has extended into Europe and North America in recent years, and we remain committed to expanding our global footprint. To support this gro

The successful candidate will join as a member of the Global Longevity Pricing team, contributing to all aspects of understanding, pricing, and managing longevity reinsurance risks. This role plays a critical part in enhancing SCOR Global Life's ability to write profitable new business.

Quote Production

• Lead the production of quote tenders including the production of quote pricing basis (base table, improvements, marriage assumptions and KPI metrics).

• Produce accurate rates within specified timeframes and accurate documentation to support quotes.

• Ensure pricing basis conforms with SCOR Global Life Annuity pricing guidelines and that key pricing issues/ risks are highlighted early.

• Support the Head of Pricing on business referrals with Group sign-off teams based in Paris, Cologne and Ireland.

• Support new business execution.

Pricing Process and Tools

• Manage the maintenance and development of Longevity pricing processes and tools to improve the accuracy, efficiency and insight gained from process outputs.

• Pro-actively suggest improvements to the pricing processes and tools.

• Ensure process updates are managed in a compliant and documented manner.

New product and proposition development

• Support the technical development of new products/ propositions.

Research

• Lead/ assist Longevity research projects.

• Assist ongoing innovation of pricing basis which enable SCOR to write profitable new business and develop its product offering.

Relationships

• Develop client and internal relationships and provide excellent customer service, to help deliver the Longevity team's objectives.

• Contribute to the promotion of the team's technical expertise internally and externally, and support knowledge sharing across the business.

Required experience & competencies

• Qualified Actuary with relevant experience in longevity pricing, experience analysis, mortality modelling, or longevity research.
• Strong programming skills in R, with the ability to develop, maintain, and validate analytical models and tools.
• Good understanding of pension risk transfer and pension de-risking solutions, together with awareness of key market developments across major global markets.
• Good understanding of pension scheme data, benefit structures, and common scheme rules.
• Proven experience in manipulating, analysing, and interpreting large and complex datasets to support business decision-making.
• Experience of working with clients and internal stakeholders, with the ability to communicate technical concepts clearly to both technical and non-technical audiences.
• Strong analytical, problem-solving, and judgement skills, with a high level of attention to detail.

• Ability to manage multiple priorities and deliver high-quality work within demanding timelines.

Personal Competencies:

• Strong technical and analytical skills, with a high level of accuracy and attention to detail.

• Strong communication and interpersonal skills, with the ability to work effectively across functions.

• Good planning, organisational and workload management skills, with the ability to contribute to and support project delivery.

• Ability to combine analytical insight, sound judgement and commercial awareness to support pricing decisions and recommendations.

• Self-motivated, proactive and able to work independently when required.

• Collaborative team player with a positive and inclusive approach.

• Customer-focused, with the confidence and communication skills to participate effectively in client interactions and meetings.

• Flexible and adaptable, with the ability to respond effectively to changing priorities and business needs.

Required Education

• Qualified Actuary.

• Educated to degree level with excellent academic track record or equivalent experience.