Pricing Actuary, ANZnew

As a Pricing Actuary, you will be supporting the ANZ Retail, Group and FinSol reinsurance propositions. You are required to deliver high-quality work to support objectives of the ANZ pricing team and broader ANZ strategic initiatives.

Key duties and responsibilities

Main Scope

• Price reinsurance business for SCOR Australia and New Zealand treaties with focus on Retail, Group and FinSol business. 
• Support regular portfolio performance reviews and analysis delivering actionable insights. 
• Preparation of pricing reports for the Head of Pricing to review.
• Support delivery of SCOR Global Life Australia (SGLA)’s client requirements on a continual basis, including providing insight into client queries and presenting solutions in achieving their objectives.
• Ensure pricing basis and its implementation conforms with SCOR Global Life pricing guidelines and local Pricing Policy.
• Support maintenance and enhancement of the existing pricing models.
• Support specific ad hoc projects as determined by Head of Pricing.

 

Research

• Conduct research and analysis that supports and enhances the pricing guidelines as well as assistance with new product development.
• Remain abreast of market, regulatory and economic environment affecting the Australian and New Zealand markets.

 

Relationships

• Able to work closely within a small team and maintain good relationships with the marketing team as well as the Appointed Actuary, regional and group pricing teams.
• Work closely with Underwriting and Claims teams especially around product design.
• Work closely with Valuation team in understanding financial results and drivers to deliver on SGLA strategy.
• Able to maintain good relationships and communicate effectively with clients.
• Perform peer and technical reviews for work completed across the team.
   

Required experience & competencies

Experience
•    Qualified actuary with minimum of 5 years working experience in an insurance/reinsurance business.
•    Related pricing experience in either group risk or individual risk pricing either for an insurer or reinsurer.
•    Able to work in a small team environment.
•    Pricing experience including completing experience analysis, setting assumptions, product enhancements and profitability analysis.
•    Experience of using Microsoft Office (Outlook, Excel, Access, PowerPoint).
•    Experience of Actuarial projection software (e.g. PROPHET) and other relevant software tools ie Python.

Personal Competences
•    Excellent communication and interpersonal skills.
•    Excellent analytical skills and time management skills.
•    Solutions focused team player.
•    Flexible “can do” attitude with strong interest in career and skill development.
•    Risk focused - disciplined and reliable.
•    Customer focused – would be able to communicate / present clearly to customers by phone, emails and in person.
•    No standing on ceremony - happy to do whatever needs to be done to achieve success.  
•    Fun, driven to deliver and with a good sense of humour!

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.