Senior Actuary (EV Reporting & Analysis)

The position will be responsible for leading the reporting, development, and implementation of economic value reporting and analysis strategies. As the leader for reserving metrics relevant to SCOR Economic Value reporting, under IFRS & Solvency II the role will provide technical and strategic direction. They will work with various stakeholders ensuring the accuracy and integrity of the proper actuarial data, modelling, controls, and governance is kept with regards to financial reporting.

In addition to the role’s technical leadership responsibilities, the position will offer team leadership both within US Life Finance through the collaborate working with Finance teams as well as strong people leadership and development for team members.

Responsibilities

• Oversee the timely and accurate delivery for all SCOR US Life actuarial reporting and analysis for IFRS and Solvency II
• Own reporting and analysis of results, both Group and legal entity, with ability to communicate technical results to diverse audiences, including preparing and presenting reports to senior management and stakeholders.
• Create and maintain a culture of learning and innovation within the team to deliver and enhance tools, processes, and metrics that advance the understanding of our business and optimize the team’s efficiency.
• Partner with the Business to leverage economic value reporting insights through the development and delivery of client analytics to identify trends, risks, and opportunities.
• Act as Financial Development Partner by recommending and working closely on model and process development improvements and enhancements for Group reporting.
• Serve as the direct liaison with group and business unit functions for Group reporting topics.
• Collaborate cross-functionally to develop and implement risk management strategies.
• Lead the actuarial portion of the annual financial audits for IFRS and Solvency SII
• Act as thought leader for actuarial topics across SCOR US Life, staying up to date with industry trends and regulatory changes.
• Ensure that appropriate and auditable controls, reconciliations, and documentation are maintained with respect to all valuation and projection processes.
• Share in the development of a team of actuaries, with a particular focus on mentoring a strong group of emerging leaders across the department.
• Act as key resource for new developments in reserving issues, methods, and regulations

Participate in the development and implementation of company-wide strategic initiatives and special assignments as required.

Qualifications

• Fellow of the Society of Actuaries (FSA) designation (or equivalent)
• Must have 10 years proven actuarial leadership and management experience in the insurance or reinsurance industry.
• Strong knowledge of economic value reporting and analysis within the industry.
• Experience managing projects and effectively representing department at various meetings.
• Demonstrated ability to work as a collaborative team member in an intellectually vibrant and commercially sophisticated environment.
• Ability to work in a fast-paced, dynamic environment, maintaining an agile mindset.
• Experience mentoring and developing team members.
• 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.
• Ability to build & maintain relationships with a diverse group of colleagues throughout the SCOR Group
• Demonstrated ability to understand complex models and perform valuation, modeling, and analysis to deliver required results.
• Demonstrated ability to identify and implement departmental processes and controls and ensure appropriately documented.
• Expertise in IFRS, Solvency II (or similar economic value reporting method) and US life Statutory & GAAP preferred.
• Excellent presentation skills, able to communicate with the CFO and CEO on broad business issues and how the interaction of those business processes and decisions affects the business plan.
• Strong interpersonal and excellent communication skills, including verbal, written and relationship building.
• Proficient in actuarial software, database, and reporting tools.
• Bachelor’sdegree in actuarial science, Mathematics, Statistics, Economics, or related field with demonstrated record of academic excellence
• FSA or equivalent

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.