Actuary (L&H Reserving)

Job Description

The successful candidate is expected to be a fellow with demonstrated relevant experience. You will be a key contributor to the team’s most judgement-intensive and technically complex activities, including assumption development and strategic reserving initiatives.

Responsibilities

Key duties and responsibilities

• Lead and support assumption development and experience analysis activities
• Provide technical expertise and direction on assumption-related AXIS modelling work
• Identify, assess, and mitigate model and assumption-related risks
• Support and lead targeted innovation and process improvement initiatives
• Contribute to valuation, capital, and reporting activities as required

Desired Experience & Competencies

• Bachelor’s degree in actuarial sciences or related field
• FSA/FCIA designation (or international equivalent) strongly preferred, with 7+ years of experience
• Significant experience in assumption development and experience analysis
• Strong AXIS modelling expertise
• Innovative mindset and strong actuarial judgement
• Knowledge of data-based applications (VBA, SQL, Python, SAS, PowerBI, etc.) an asset
• Proficiency in the MS Office suite
• Strong analytical skills with strong problem-solving ability
• Well-organized and a self-directed individual who is a team player
• Demonstrated ability to handle priorities/projects concurrently and to deliver
• Excellent verbal & written communication skills; proven success communicating effectively across different levels within an organization
• French language proficiency while not a pre-requisite will be considered an asset

Qualifications

Required Education

• Bachelor’s Degree in Actuarial Science or related field with demonstrated record of academic excellence

SCOR welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.

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.

Compensation

Pay Range for roles performed in Toronto: $142,000 - $182,000 base salary per year. Actual salaries may vary based on various factors including but not limited to location, experience, role, and performance. The range listed is just one component of SCOR's total compensation package for employees. Other rewards may include annual bonuses, short- and long-term incentives. In addition, we provide a variety of benefits to employees, including health insurance coverage, life and disability insurance, a retirement saving plan, paid holidays, and paid time off.

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.