Job Description

Job Summary

The role will bring actuarial leadership to US reserving, delivering US actuarial valuation reporting and analysis across a number of reserving bases. The roleholder will be required to be a thought leader for actuarial and other strategic topics across SCOR US L&H.

A key immediate focus of the role will be to build a high-performing, expert and efficient US reserving team who deliver quality timely analytics and business insights to support the delivery of the Strategic Plan.

Responsibilities

Main Scope

• Lead all SCOR US Life actuarial valuation reporting and analysis for US Statutory, US GAAP, IFRS17 and Solvency II
• Manage model and assumption change activity, including robust forward planning of reserving impacts across all reporting bases/metrics and coordination with relevant stakeholders on these highly strategic topics
• Own the development of the US Prophet modelling framework and optimize Prophet utilization for actuarial and finance functions
• Ensure that appropriate and auditable controls, reconciliations and documentation are maintained with respect to all valuation and projection processes
• Deliver on T&S initiatives to optimize, simplify and transform US L&H reserving processes and governance
• Coordinate closely with Group actuarial teams
• Manage appointed actuaries
• Management of external audits and relationships with local auditors in relation to US actuarial topics
• Provide reserving support to US Inforce Management team as needed
• Develop and improve feedback loop between US Reserving, US Pricing and In-force teams
• Provide expertise on new developments in reserving topics, methods and regulations
• Present on US reserving topics to senior leadership, including COMEX, as required

Strategic Leadership

• Lead a team of 25+ actuaries, identifying and developing key talent within the team at all levels and providing suitable opportunities for growth of team members.
• Support delivery of the Strategic Plan across Finance and US L&H by delivering insightful thought leadership on actuarial topics across SCOR US L&H.
• Lead strategic approach to develop reserving talent pool across L&H reserving worldwide, with initial focus on US reserving.
• Work on special assignments and projects as needed.

Qualifications

Required experience & competencies

• FSA designation (or equivalent)
• 15+ years' experience with financial valuation and modeling
• Ability to effectively communicate with the senior stakeholders across SCOR on broad business issues and complex strategic topics.
• Proven leadership skills and ability to make strategic decisions. Demonstrated ability to understand broader picture and impact of decisions.
• Experience managing projects and effectively representing Reserving in discussions with stakeholders
• Strong organizational & planning skills with ability to meet multiple competing deliverables and manage projects
• Demonstrated ability to build and transform processes to ensure appropriate control framework is in place within an efficient process.
• Experience mentoring and developing talent within the team
• Excellent technical skills, including ability to understand complex models and perform valuation, modeling and analysis to deliver required results. Expertise in IFRS 17, Solvency II, US Statutory, and US GAAP preferred.
• PROPHET expertise is a plus

Personal Competencies:

• Excellent leadership skills
• Thought leader
• Results driven and attention to quality
• Proven ability to challenge
• Creative and innovative
• Flexible and resilient
• Excellent interpersonal skills and ability to build strong relationships with key stakeholder
• Strong organisational skills and ability to meet deadlines
• Positive "can do" attitude with interest in career and skill development

Awareness of market evolutions

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.