Responsible for validating, calibrating, and projecting experience used by the VP, Inforce Optimization to recommend specific actions to senior management to optimize underperforming treaties.
Responsibilities
- Lead team of 1-2 junior actuaries
- Provide timely and accurate actuarial support for actions to be taken by SCOR to optimize its inforce block
- Review treaty terms, validation, assumptions, and pricing files
- Update models that inform inforce analytics
- Identify and report actuarial risks as required for the group and legal entity risk dashboards
- Support the recommendation of various courses of action on underperforming business that management may consider in selecting the optimal approach
- Participate in providing recommendations to senior management as part of governance process
- Assist team in completing ad hoc requests
- Other duties as required
Qualifications
- BA/BS degree or equivalent in mathematics or actuarial science or related field
- FSA designation
- 10+ years of actuarial experience preferred
- 3+ years of management/leadership experience preferred
- Experience working with senior level executives
- Superior analytical skills and financial acumen with strong problem solving ability
- Ability to consider broad picture and details
- Highly motivated self-starter and ability to work independently and as part of a team
- Strong understanding of pricing, valuation methods and financial results preferred
- Strong interpersonal and communication skills
- Ability to synthesize business, legal, and actuarial considerations
About Us
SCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Leveraging experience and expertise to deliver "The Art & Science of Risk", SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk - from Life & Health and Property & Casualty insurance to Investments. Our specialized teams operate in over 160 countries, fostering long-term relationships with clients.
In order to provide our clients with a broad range of innovative reinsurance solutions, SCOR pursues an underwriting policy that is founded on profitability and supported by effective risk management strategy and a prudent investment policy. This approach allows us to offer clients an optimum level of security, to create value for shareholders, and to contribute to the welfare and resilience of society by helping to protect insureds against the risks they face.
At SCOR, we believe that employing people from different backgrounds and ensuring inclusivity is a major driving force for the success of the Group. We are committed to fostering a work environment in which all employees are treated fairly and respectfully, have equal access to opportunities and resources, and can contribute fully to SCOR's success.
Working at
Scor
SCOR is a leading global reinsurer with a rich heritage spanning several decades. With a strong presence in more than 160 countries, SCOR provides risk management and reinsurance solutions to clients worldwide. As an actuary at SCOR, you'll be part of a highly skilled team that plays a critical role in assessing and managing risks. Actuaries at SCOR utilize their expertise in statistical modeling, data analysis, and risk assessment to evaluate risks, develop pricing strategies, and ensure the financial stability of the company's reinsurance portfolio. Collaborating with cross-functional teams, actuaries at SCOR contribute their insights and analyses to support informed decision-making. Actuaries analyze complex data sets, assess risks, and provide valuable recommendations to help clients manage and mitigate their exposure. SCOR values professional growth and provides actuaries with ongoing training and development opportunities. Actuaries have the chance to enhance their skills, stay at the forefront of industry advancements, and contribute to the success of the company. Join SCOR's esteemed actuarial team and embark on a rewarding career where you can apply your actuarial expertise, make a significant impact on managing global risks, and enjoy competitive benefits in a collaborative and dynamic work environment.