Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Dive into a real actuarial role, pricing risks and analysing portfolios from day one.
- Company: Join SCOR, a leading global reinsurer with a collaborative culture.
- Benefits: Gain valuable experience, work with industry experts, and enjoy a supportive environment.
- Why this job: Make an impact in the insurance world while developing your skills in data science.
- Qualifications: University degree in maths or economics; some actuarial experience preferred.
- Other info: Embrace diversity and inclusion in a dynamic, growth-oriented workplace.
The predicted salary is between 28000 - 35000 £ 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: SCOR UK Company Limited
Contact Detail:
SCOR UK Company Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Graduate Trainee Pricing Actuary - 12 months
✨Tip Number 1
Network like a pro! Reach out to professionals in the actuarial field on LinkedIn or at industry events. We can’t stress enough how valuable personal connections can be in landing 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! Bring along examples of your work, whether it’s projects from university or personal data analyses. We want to see your analytical prowess in action!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
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 is tailored to the Graduate Trainee Pricing Actuary role. Highlight any relevant experience, especially in actuarial work or data analysis, and don’t forget to showcase your skills in Excel, 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 aligns with SCOR's values. Keep it concise but engaging—show us your personality!
Showcase Your Analytical Skills: Since this role involves a lot of analysis, make sure to highlight any projects or experiences where you've demonstrated strong analytical skills. We want to see how you approach problems and find solutions!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at SCOR!
How to prepare for a job interview at SCOR UK Company Limited
✨Know Your Numbers
As a Graduate Trainee Pricing Actuary, you'll be dealing with data and numbers daily. Brush up on your mathematical skills and be prepared to discuss any relevant experience you have with statistical analysis or actuarial work. Familiarity with tools like Excel is a must, so consider practising some advanced functions or data manipulation techniques.
✨Show Your Team Spirit
Collaboration is key in this role, so be ready to share examples of how you've worked effectively in teams. Think about specific projects where you contributed to a group effort, especially in an actuarial or analytical context. Highlight your ability to communicate clearly and work well with others, as this will resonate with the interviewers.
✨Get Familiar with the Industry
Research SCOR and the reinsurance industry before your interview. Understand their core values and how they apply to their work. Being able to discuss current trends in the Lloyd’s markets or recent global actuarial projects will show your genuine interest and help you stand out as a candidate who is engaged and informed.
✨Prepare for Technical Questions
Expect some technical questions related to pricing, data analysis, or programming languages like Python, SQL, or VBA. Brush up on these topics and be ready to demonstrate your knowledge. If you have any projects or experiences that showcase your skills in these areas, be sure to mention them during the interview.