AVP (Corporate Actuarial)

Reporting to the Chief Reserving Actuary role, the AVP will bring technical leadership and strategic insight to the SGL America’s Corporate Actuarial department. This person will work with the Chief Reserving Actuary collaborating with Central Teams, work internally with both the reserving and modeling functions, and across the Finance team with FP&A and Accounting.

In-office hybrid work status preferred, working out of our Charlotte, NC or Leawood KS office.

Responsibilities

• Thought leader on the granular model, owning the Granular Model replicating spreadsheet, documentation and coordination with Central teams. Working closely with the reserving and modeling functions to provide audit support and reconciling to Prophet.
• Coordinate with other stakeholders, both within corporate actuarial, as well as across other departments to facilitate communication and develop reporting to help provide the transparency and clarity to Senior Management and through-out the organization.
• Serve as the direct liaison with central and group actuarial functions
• Develop and review analysis as needed of financial results
• Interact with operations and IT to better understand underlying client data as it is used within the actuarial modeling process, helping to ensure consistent usage across various actuarial modeling stakeholders.
• Seek out areas of improvement and alignment across various reporting processes to improve efficiencies and to further automate the reserving processes; share technology solutions with other associates
• Communicate insights to management on profitability by client, duration, etc. Provides other insights regarding financial results regarding IFRS and SII methodology impacts and other factors
• Provides support to other areas such as accounting, FP&A, data management, etc
• Mentor and coach associates to provide knowledge and growth opportunities
• Work on special assignments and projects as needed

Qualifications

• FSA designation (or equivalent)
• Must have 10+ years’ experience with financial valuation and modeling
• Experience managing projects and effectively representing department at various meetings
• Strong organizational & planning skills with ability to meet multiple competing deliverables and manage projects
• Demonstrated ability to understand broader picture and impact of decisions
• Proven leadership skills and ability to make strategic decisions
• Building & maintaining relationships with colleagues throughout the SCOR Group
• Demonstrated ability to understand complex models and perform valuation, modeling, and analysis to deliver required results.
• Strong interpersonal and communication skills, including verbal, written and relationship building.
• Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, Economics or related field with demonstrated record of academic excellence.

Personal Competencies:

Creativity/Innovation- Proposes/develops new solutions and new functioning modes.

Awareness of Market Evolutions- Is connected to his/her market/field of expertise, to his/her business evolutions and/or new technologies.

Problem Solving- Identifies and analyses issues, proposes and rolls out relevant solutions after appropriate approvals.

Communication- Knows how and when to develop/sustain a message and/or an idea (speaking and writing), uses the right tools to present information.

Resilience- Demonstrates an ability to step back when facing difficult situations and to bounce back after a failure.

Decision Making- Makes decisions and/or rolls out the decisions taking into account all available information.

Accountability- Alerts, raises the critical points when needed, shoulders and corrects his/her decisions and shows responsibility regarding cost management.

Reliability- Checks his/her work, challenges the solution before submitting it on time and identifies/corrects the mistakes if needed.

Commitment- Makes effort to bring his/her skills and uses his/her expertise to contribute to the success of the Group.

Open Mindedness- Is interested in projects and activities beyond his/her classical scope.

Curiosity- Demonstrates an appetite for learning and developing his/her-self in his/her field of expertise, can develop new practices and methods in relation with his/her day-to-day work.

Team Spirit- Helps his/her colleagues and facilitates working relationships seeking the consensus.

Feedback- Gives and takes into consideration constructive remarks, with his/her management, peers, clients and employees

Flexibility- Adapts to change and shows reactivity to make the best of it

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.