Job Description

The Strategic Partnerships team at SCOR US is at the forefront of developing new, innovative products within the Life insurance realm. We work with a diverse set of clients including InsurTechs, FinTechs, large agencies, health & wellness firms, and the best-known insurers in the United States. We are looking for well-rounded, creative-minded, and passionate individuals to join our growing and dynamic team on the journey to make Life insurance better for everyone.

Responsibilities

DUTIES AND RESPONSIBILITIES:

• Support the Pricing team across several new deals and products being developed
• Create actuarial models, including liability population cells / data tables / other structures needed to properly price business
• Generate model runs and sensitivities; verify results are accurate; complete analysis to quantify changes in assumptions, methods, required reserves, product features and premiums, etc.
• Create benchmarks to compare rates of new products against market competitors
• Complete documentation and reporting as required within internal systems
• Work closely with the Business Development team to assist with deal communication and hand-off for analysis and final proposals
• Assist with client experience and mortality assessments
• Complete data analysis to assist with assumption setting
• Complete necessary analysis required for client requests
• Create and continuously improve performance management capabilities for monitoring inforce business
• Identify areas of improvement and implement continuous improvement initiatives

Qualifications

EDUCATION:

• Currently in the 3rd or 4th year pursuing a Bachelor's Degree in Actuarial Science/Statistics with sound grades
• Successful completion of 2+ actuarial exams preferred
• Exposure to life insurance courses and/or business courses.

EXPERIENCE:

• Prior co-op experience in a Life insurance and/or actuarial setting is an asset
• Experience with Prophet / GGY Axis preferred

COMPETENCIES:

• Working knowledge of insurance and actuarial principles Ability to work both independently and in a team setting
• Strong analytical skills; programming skills (I.e. Python) and Prophet/GGY Axis is an asset
• PC literacy including Microsoft Excel and PowerPoint
• Strong communication skills; written and verbal

About Us

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.