Financial Solutions Actuary

In this role you will contribute to growing the Financial Solutions line profitably, by marketing to and winning deals from clients in the Asia Pacific region. You will also contribute to the structuring, pricing and modelling of financially motivated solutions and build your expertise in this fast-paced and dynamic area.

Responsibilities

Key duties and responsibilities:

• Work closely with market managers and prospects to grow our business
• Structure and model solutions to address clients’ needs
• Contribute to the growing knowledge base and possess solid understanding of various financially motivated solutions sets, accounting standards, solvency regimes and relevant regulations in active countries in the region
• Present solutions and proposals to both internal and external stakeholders and clients

Key stakeholders and working relationships:

• Work closely with marketing actuaries in the country locations who will source the business from clients
• Work with pricing actuaries in the region on actuarial assumptions, where necessary
• Foster a network with other teams across SCOR globally (e.g. risk management, finance, legal, technical) in order to understand and credibly contribute to the evolution of the Group's best practice in selling, assessing, structuring and managing financially motivated reinsurance business.
• Maintain interaction with other departments across SCOR Global Life Asia-Pacific (e.g. product development, health, accounting) in order to contribute to multi-function projects

Qualifications

Experience:

• Minimum of 5 years of relevant financial services industry experience in life insurance, life reinsurance, or life consulting environment
• Solid experience in accounting standards (e.g. IFRS 4), solvency regimes (e.g. Solvency II, RBC, etc.), financial reporting, valuation, MCEV, and ALM
• Awareness of detailed implications of emerging insurance capital and accounting standards for the life insurance industry preferred
• Exposure to structured reinsurance concepts highly preferred

Personal Competences:

• Innovative and creative
• Comfortable with dynamic and fast paced work environment
• Excellent communication and interpersonal skills
• Fast learner, highly numerate and analytical
• Self-motivated and reliable individual
• Team player
• Customer centric - would be able to communicate effectivelyin client meetings to technical specialists and generalists at all levels

Required Education

• Qualified actuary (A Fellowship qualification with one of the following actuarial associations – Society of Actuaries, Institute of Faculty of Actuaries, Institute of Actuaries of Australia). Part qualified candidate who demonstrates great potential will also be considered.

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.