Director Actuary

Job Duties:

• Lead modeling efforts on a quarterly basis to project and value SCOR’s block of business for Solvency II.
• Recommend enhancements, refinements, and updates to the Prophet models used to value the business as needed.
• Liaise with SGLA’s Financial Controller’s team to calculate the Adjusted Net Asset Value and explain variances between expected amounts and actual amounts.
• Liaise with SCOR’s Life Risk Modeling team to calculate and explain the impacts to Risk Margin, Own Funds, and Solvency Capital Requirement for individual SCOR entities as well as SCOR Group as a whole.
• Calculate and present the Value of New business on a quarterly basis.
• Provide and explain Key Performance Indicators to key stakeholders in the US and across the SCOR Group.
• Act as point person for internal and external reviews and audits on a quarterly and annual basis.

Qualifications:

• Bachelor’s degree or foreign equivalent in Statistics or a related field of study and seven (7) years of progressively responsible experience in the job offered or related occupation: managing large datasets and preparing administration data for Prophet or customer score calculations; running, developing, and enhancing models utilizing Prophet, SAS, or Minitab; programming, debugging, and running SQL queries; and calculating, analyzing, and projecting results for reporting regimes including Solvency II, MCEV, or for planning and forecasting purposes.
• Telecommuting and/or working from home may be permissible pursuant to company policies.
• When not telecommuting, must report to work site. 10% travel required.

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.

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.