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Corporate Actuary

Within the P&C Actuarial team provides an exciting opportunity to be part of an expert team working in a fast paced and dynamic environment. The team works very closely with the Finance and Reporting teams, the Risk teams and the wider Business Performance team. This role will report to the Head of P&C Actuarial.

The successful candidate will be expected to contribute strong reserving expertise to a wide range of business performance activities. The role will require an agile and collaborate mindset and excellent communication skills.

Key duties and responsibilities

Under the management of the Head of P&C Actuarial, the employee will contribute to and support the following activities:

  • Support the robust forward planning of P&C reserving impacts across all bases (IFRS4, IFRS17, SII, local GAAP) and metrics (capital, liquidity).
  • Peer review Loss Ratio proposals from local reserving teams on a quarterly basis.
  • Review and validate local quarterly closing memos.
  • Support quarterly landing activity by working closely with Finance & Reporting and Performance Management teams to ensure clear communication on reserving impacts, performance drivers, optionality and risks.
  • Support the management of the positioning of reserves within the annual range defined by Group Actuarial. Contribute to producing the quarterly roll forward of P&C range and manage positioning of reserves on a quarterly basis.
  • Support production of governance and management information materials, maximising the use of technology to ensure focus is on providing value adding insights.
  • Provide actuarial support on key Business Performance and Business Unit projects.
  • Support the operation of the P&C Corporate Actuarial Community.

In the addition to supporting and contributing to the Corporate Actuarial mandate, the employee is expected to actively:

  • Establish strong relationships with Finance and Reporting reserving teams, Group Actuarial team and the P&C Business Unit teams.
  • Develop strong collaboration with the wider Business Performance team working in an agile and transversal mode to support Business Performance framework
  • Support the growth and development of the team notably by:
    • Maximizing the use of technology and partnering with other functions to achieve the ambition related to transformation and simplification across Reserving teams at SCOR.
    • Embracing the culture of knowledge sharing, openness and collaboration with other teams.

Experience :

Minimum 5 years as an actuary with a P&C background preferably in a (re)insurance entity or consulting firm; or as external auditor in the (re)insurance area. Reserving experience is not essential but a definite advantage.

Personal competencies :

  • Innovative, inquisitive and creative
  • Organisational skills and ability to meet deadlines
  • Proven ability to be able to work on own, and closely within a team structure
  • Results driven and passion for quality
  • Excellent interpersonal skills
  • Very strong communication skills, both verbal and written.

Soft skills:

Flexible, proactive, rigorous, the candidate shall have strong capabilities to adapt himself/herself to a challenging and demanding environment.

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.

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⛔️ SCOR are no longer taking applications for this job.

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