Qualified Actuary – Property & Casualty, Reinsurance

The role is responsible for producing, analyzing, reporting, and explaining quarterly internal model results related to P&C underwriting and retrocession risks. The position supports senior and executive management decision-making through capital, risk, and economic performance analytics while contributing to the continuous development of SCOR's risk management framework. The Risk Capital team reports directly to the Group Chief Risk Officer.

Key duties and responsibilities

• Assess and monitor P&C underwriting and retrocession risks to support adherence to SCOR's risk appetite, leveraging professional expertise, analysis, and risk management experience.
• Apply SCOR’s internal model to evaluate P&C underwriting risks. Analyze portfolio exposures, risk concentrations, and diversification effects across business lines, regions, and perils.
• Perform scenario analyses and stress testing to assess the impact of adverse loss developments, catastrophe events, and changing market conditions on the P&C portfolio.
• Contribute to the monitoring and assessment of underwriting and retrocession risk profiles, providing risk insights to support informed decision-making.
• Ensure compliance with applicable financial regulations, solvency requirements, and internal governance standards. Prepare and deliver risk reports for internal stakeholders and regulatory bodies.
• Contribute to the development and enhancement of risk appetite metrics, risk limits, and portfolio steering frameworks for P&C underwriting and retrocession risks.
• Collaborate closely with P&C business units, Reserving, and Pricing teams to understand portfolio developments and identify emerging risks.
• Partner with Risk Modelling teams to support the ongoing enhancement of SCOR’s internal model, drawing on practical experience, portfolio analysis, and business insights.

Required Experience Qualification and Education

• Qualified Actuary (SAV, DAV, IFoA) or equivalent qualification and experience
• Practical experience in using Internal Models (SST, Solvency II) for P&C underwriting & retrocession risks analysis
• 10 years of experience in P&C insurance or reinsurance, ideally covering pricing, reserving, capital modelling or portfolio management.
• Experience in communicating complex risk and capital metrics to senior stakeholders.
• Proficiency in MS Office and coding (preferred Python).
• Experienced project leader in an agile, multinational, cross-functional environment
• Excellent communication skills and fluent in English.