At a Glance
- Tasks: Dive into the world of pricing with real actuarial responsibilities from day one.
- Company: Join SCOR, a global leader in reinsurance with a focus on innovation and collaboration.
- Benefits: Gain valuable experience, mentorship, and support for your professional actuarial journey.
- Other info: Embrace diversity and inclusion in a supportive workplace that values your unique talents.
- Why this job: Make an impact in global actuarial projects while developing your skills in a dynamic environment.
- Qualifications: A degree in maths or economics, plus some actuarial experience and a passion for data science.
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
- The ideal candidate will have gained some actuarial work experience in insurance/reinsurance or mathematical modelling.
- Experience of participation in projects and teams.
- 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 in London 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 growth, you will have the opportunity to collaborate with industry experts, engage in global projects, and develop your skills in a supportive team culture that values diversity and innovation. The company also promotes professional development, encouraging you to pursue your actuarial designation while enjoying the vibrant atmosphere of one of the world's leading financial hubs.
StudySmarter Expert Advice🤫
We think this is how you could land Graduate Trainee Pricing Actuary - 12 months in London
✨Tip Number 1
Network like a pro! Reach out to professionals in the actuarial field on LinkedIn or at industry events. A friendly chat can open doors and give you insights that might just land you that dream role.
✨Tip Number 2
Prepare for interviews by practising common actuarial questions and scenarios. We recommend doing mock interviews with friends or mentors to boost your confidence and refine your answers.
✨Tip Number 3
Showcase your skills! If you've worked on any relevant projects or have experience with Python, SQL, or VBA, be sure to highlight these during your conversations. Real examples can make you stand out.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team.
We think you need these skills to ace Graduate Trainee Pricing Actuary - 12 months in London
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, especially in insurance or mathematical modelling, and don’t forget to mention your familiarity with tools like Excel and programming languages like Python or SQL.
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 makes you a great fit. Be sure to mention your collaborative spirit and any relevant projects you've participated in.
Show Off Your Analytical Skills:Since this role requires excellent analytical skills, make sure to provide examples of how you've used these skills in past experiences. Whether it's through portfolio analysis or data manipulation, let us see your attention to detail in action!
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 showcase your application in the best light possible. Plus, we love seeing applications come 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 experiences. Since this role involves pricing risks, being able to demonstrate your analytical prowess will 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 ability to communicate clearly and contribute to group projects.
✨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.
