Actuary (Pricing)

Job Title: Actuary, Pricing

Responsibilities:

SCOR Global Life Americas Reinsurance Company seeks an Actuary Pricing in Charlotte, NC.

Job duties include:

• Performing transactional pricing activities for deals within approved authority limits.
• Conducting experience analysis, including client experience and mortality assessments.
• Setting and validating pricing assumptions, identifying and quantifying risks associated with the assumptions and proposed transactions.
• Recommending and assessing risk mitigation strategies and structural solutions.
• Developing actuarial models, including liability population cells, data tables, and other structures essential for accurate pricing.
• Running models and performing sensitivity analyses, ensuring accuracy and consistency of results.
• Analyzing the impact of changes in assumptions, methodologies, reserve requirements, product features, and premium structures.
• Creating documentation that is complete and clear, capturing both assumptions and reasoning, and addressing the interests of the intended audiences.
• Working collaboratively with the client deal team to gain approval from Global Business Acceptance for deals above local authority limits.
• Working with the US Actuarial Pricing Team to deliver a quality and timely priced product to meet SGL (SCOR Global Life) and customer needs.
• Completing necessary analysis required for client requested treaty amendments and making recommendations on acceptance of proposed changes.
• Developing and maintaining strong partnerships with marketing actuaries and account executives.
• Working with Corporate Actuarial staff and counterparts to continually improve data modeling, establish valuation numbers, and hand off controls.
• Assisting other departments on various corporate projection work (e.g., budget projections, Value of New Business, etc.).
• Researching technical topics, sharing knowledge, providing informed opinions of the best course of action, and implementing decisions in the pricing process and models.

Qualifications:

Requirements include a Bachelor’s degree or foreign equivalent in Actuarial Science, Finance, Economics, or a related field and five (5) years of progressively responsible experience in the job offered or related occupation. Skills include:

• Validation of detailed cash flow, reserve pattern, and capital component output.
• Working with international and national pricing development teams.
• Proficiency with pricing platforms and related pricing tools.
• Developing and recommending pricing assumptions.
• Building and reviewing actuarial models to price new business requests utilizing pricing assumptions and analyzing results to determine final pricing result.

In the alternative, a Master’s degree in one of the above-listed fields and three (3) years of experience in the above-listed skills will be accepted. Telecommuting and/or working from home may be permissible pursuant to company policies.

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.” This serves to build momentum that drives the Group forward and acts as a compass to guide our actions and choices. The SCOR Way is anchored by five core values: 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.