At a Glance
- Tasks: Dive into a real actuarial role, pricing risks and analysing portfolios.
- Company: Join SCOR, a global leader in insurance and reinsurance with a diverse culture.
- Benefits: Gain hands-on experience, competitive salary, and support for professional development.
- Other info: Exciting opportunities for growth in a dynamic, inclusive environment.
- Why this job: Make an impact from day one while collaborating with industry experts.
- Qualifications: Degree in maths or economics; some actuarial experience preferred.
The predicted salary is between 30000 - 40000 £ per year.
This is a unique opportunity to step into a real actuarial role from day one—working alongside underwriters, actuaries, and data specialists who shape pricing decisions across multiple lines of business. You’ll gain exposure to Lloyd’s markets, portfolio analysis, and global actuarial projects.
Responsibilities
- Work closely with underwriters and other members of the Actuarial pricing team to price risks for multiple lines of business.
- Participate in portfolio monitoring and analyses to help assess the profitability of business that has already been written.
- Support and drive efficiency within the data manipulation process to help streamline the pricing workflow within the team.
- Assist with pricing during busy periods.
- Contribute to global actuarial projects as required, to drive gains across the whole SCOR global enterprise.
- Support CAT modelling and reporting.
Qualifications
Required experience & competencies
- Experience: The ideal candidate will have gained some actuarial work experience in insurance/reinsurance or mathematical modelling. Experience of participation in projects and teams.
- Personal Competences: Familiarity with standard Microsoft Office applications such as Excel, Word and PowerPoint. Excellent analytical skills with attention to detail. Able to communicate clearly and concisely, verbally and in writing. Collaborative team player spirit with experience of project participation. Ability to work effectively with minimal supervision. Self starter/motivator and creative. Interest in data science with preference given to programming capability and experience of Python, SQL or VBA.
Required Education
University degree in mathematics, economics or related field or equivalent. Willingness to attain a professional actuarial designation.
SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.
Graduate Trainee Pricing Actuary - 12 months employer: Job Search Place Limited
SCOR is an exceptional employer that offers a dynamic and inclusive work environment in the heart of London, where you can kickstart your actuarial career as a Graduate Trainee Pricing Actuary. With a strong focus on employee development, you will have the opportunity to collaborate with industry experts, engage in global projects, and gain invaluable insights into Lloyd’s markets, all while enjoying a culture that values diversity and supports professional growth.
StudySmarter Expert Advice🤫
We think this is how you could land Graduate Trainee Pricing Actuary - 12 months
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to professionals on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help land that dream job.
✨Ace the Interview
Prepare for your interviews by researching common actuarial questions and practicing your responses. We recommend doing mock interviews with friends or mentors to build confidence. Remember, it’s all about showcasing your analytical skills and collaborative spirit!
✨Show Off Your Skills
Don’t just talk about your experience—demonstrate it! Bring along examples of your work, whether it’s a project you’ve completed or a data analysis you’ve done. We want to see how you think and solve problems, so let your skills shine!
✨Apply Through Our Website
Make sure to apply directly through our website for the best chance at landing the role. We love seeing candidates who are proactive and genuinely interested in joining our team. Plus, it makes it easier for us to keep track of your application!
We think you need these skills to ace Graduate Trainee Pricing Actuary - 12 months
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Graduate Trainee Pricing Actuary role. Highlight any actuarial work experience or projects you've been involved in, especially those related to pricing or data analysis.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background in mathematics or economics makes you a great fit. Don’t forget to mention your interest in data science and any programming skills you have.
Show Off Your Analytical Skills:Since this role requires excellent analytical skills, make sure to include examples of how you've used these skills in past experiences. Whether it's through coursework, internships, or projects, demonstrate your attention to detail and problem-solving abilities.
Apply Through Our Website:We encourage you to apply directly through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing applications come in through our own platform!
How to prepare for a job interview at Job Search Place Limited
✨Know Your Numbers
Brush up on your mathematical skills and be ready to discuss how you've applied them in previous roles or projects. Since this position involves pricing risks, being able to demonstrate your analytical prowess will really impress the interviewers.
✨Familiarise with the Tools
Make sure you’re comfortable with Microsoft Excel, SQL, and any programming languages mentioned in the job description. You might be asked to solve a problem or analyse data during the interview, so practice using these tools beforehand.
✨Show Your Team Spirit
This role requires collaboration with underwriters and actuaries, so be prepared to share examples of how you've worked effectively in teams. Highlight your experiences in project participation and how you contributed to achieving team goals.
✨Ask Insightful Questions
Prepare thoughtful questions about the company’s approach to pricing and portfolio analysis. This shows your genuine interest in the role and helps you understand how you can contribute to their global actuarial projects.
