Marketing Actuary (L&H)

Job Description

As a Marketing Actuary, Life & Health India, you will be contributing to SCOR L&H India team with a focus on client, product development & project management to ensure that the whole India L&H team meets our strategic target to be:

• An efficient, customer-focused, innovative and highly technical life & health reinsurer to enhance SCOR’s ability to write profitable new business and effectively manage in-force business in India.

Responsibilities

Key duties and responsibilities:

1. Client Management

• Ensure deep understanding of responsible clients from all perspectives including structure, distribution, personnel, strategic targets, pricing assumptions, etc.
• Manage the whole quotation process including deal assessment, quotation, client communication, internal approval communication, treaty drafting/negotiation/documentation in an efficient manner.
• Ensure new business generated is consistent within SCOR L&H’s risk appetite.
• Support external strategic projects with clients to enhance SCOR L&H India’s value propositions to clients.
• Support to organize market seminars to improve client relationships and increase SCOR’s technical branding.
• Closely follow up with market & product trends and regulation changes.
• Support internal transversal research and projects.
• Continuously look for solutions to create value for clients and increase SCOR’s technical and innovative branding to bring profitable new business.
• Actively look for solutions to better manage in-force business and maximize SCOR’s financial benefits.
• Ensure business and financial targets are delivered.

2. Operation Management

• Relationship management with junior to middle level of direct insurers and other business partners.
• Support regulatory, L&H insurance & actuarial organizations’ related affairs and requests.
• Support communications (internal & external) in other areas when necessary.
• Other ad-hoc assignments and projects.

Qualifications

Experiences:

• At least 4 years of relevant working experience in Life & Health insurance, reinsurance or consulting fields in India.
• Strong pricing and product development experiences; additional valuation and corporate reporting experiences preferred.
• Solid knowledge of the Indian insurance & reinsurance markets.
• Excellent client contacts in India.

Required Education:

• Associate or above level in any well-recognized actuarial society.
• Master or above in Actuarial Science is preferred.

Personal Competences:

• Self-motivated and eager to learn.
• Passion for success and results driven.
• Stable and long-term commitment.
• Good communication and interpersonal skills.
• Good ability to make presentations.

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.

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