Director Actuary (Financial Development & Innovation)

Responsibilities

• Perform financial impact assessment and support the explanation of financial results and business impacts to senior leadership team at SCOR.
• Complete governance documentation and deliver results through the governance process.
• Ensure that appropriate and auditable controls, reconciliations and documentation are maintained with respect to valuation, economic reporting and modeling.
• Act as a true business partner with the various stakeholders of the actuarial modeling process, both within Corporate Actuarial as well as the broader company.
• Partner with valuation and reporting teams, working closely on model and process improvements and enhancements for actuarial reporting.
• Collaborate with PMO team on project planning and ensure technical delivery of actuarial projects.
• Collaborate with the governance team in reviewing the business results and complete governance documentation for the actuarial projects and modeling changes.
• Serve as an ambassador for the Corporate Actuarial department across the organization, providing insight and value derived from a detailed understanding of our models and the underlying business.
• Develop and mentor direct reports, provide guidance regarding their development, share knowledge and insights.
• Provide occasional support for quarterly production work, where needed.

Qualifications

Requirements:

• Bachelor’s degree or foreign equivalent in Actuarial Science, Mathematics, Statistics or related field, or a related field and five (5) years of progressively responsible experience in the job offered or related occupation.
• Experience with financial valuation, modeling, and cash flow analysis.
• Experience with actuarial modeling software including Prophet, AXIS, MG-ALFA, ARCVAL.
• SQL including querying results from large datasets, building procedures and improving current processes.
• Managing project lifecycle and representing a department at stakeholder meetings; managing, mentoring and developing actuarial team members.
• Telecommuting and/or working from home may be permissible pursuant to company policies.
• When not telecommuting, must report to work site.
• Must be a Fellow of the Society of Actuaries.
• Offered salary is between $195,000 and $250,000 per year. 40 hours per week.
• Actual salaries may vary based on various factors including but not limited to location, experience, role and performance.

Hybrid Work Policy: SCOR is committed to an "in-office" culture where people can collaborate, exchange ideas, and establish stronger working relationships while still providing flexibility. To support employee work-life balance and increase opportunities for employees to excel every day, SCOR operates with a hybrid working arrangement. SCOR employees work 3 days per week in an office with the flexibility to work 2 days per week remotely.

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.

SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.