Trainee Actuary - Corporate Actuarial

Some of the key responsibilities will be to support the regular processes and activities of the Corporate Actuarial team within deadlines to required standards and deliver timely and good quality actuarial services to internal and external stakeholders.

• Assist in the production and analysis of the quarterly valuation and reporting for the UK sourced business, including calculating our valuation results on PROPHET and ensuring consistency between PROPHET results and central reporting system.


• Assist in preparation of reports to Management explaining quarterly results and how results compared against expected.


• Assist with other tasks within team as required, for example, the setting up of new treaties on PROPHET (protection and longevity).


• Assist with the development and maintenance of our PROPHET model


• Identify and implement process improvements to ensure increased efficiency of tasks and/or accuracy of results.


• Assist in preparation of SCOR's business plan including estimating new business and future business cashflows and ensuring information is correctly input into the SCOR's central systems.


• Maintain and enhance processes, controls and documentation in accordance with Group ERM principles and regulatory standards.


• Actively participate and contribute to SCOR's actuarial community and achieve good progress in the actuarial exams. Build and maintain professional relationships with other life functional areas
  
  This is a trainee role, so no specific experience essential but some previous experience in the insurance industry would be advantageous. Candidate would be embarking on the actuarial exams or having passed/gained exemptions for several exams.


• 
  
  Digital Competencies
  
  Essential
  
• Excellent knowledge of Microsoft packages (particularly Excel).


• Knowledge of data science applications (such as R, Python or Tableau) or aptitude to learn these skills.


Desirable

• Experience of using Prophet (or similar package).


• Experience of MS Access. Proven ability to code in excel VBA.


• 
  
  Personal Competencies
  
• Committed to meeting deadlines and delivering accurate results.


• Excellent technical skills


• Attention to detail


• Experience of working in a team


• Self-motivated / proactive


• Excellent communication skills (written and verbal)


• Positive, friendly and proactive.


• Able to work independently and in a team.


• Detail focused and analytical. Keen to learn new technical skills and acquire business knowledge.


• 
  
  Education
  
• Bachelor's degree, or equivalence


• Member of UK actuarial profession (or equivalent) - if not already a member, then there is a requirement to become a member on joining the team.
  
  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.