Associate Actuary (Economic Value Innovation)

Job Description

The Corporate Actuarial team is seeking an energetic individual who is eager to contribute to the transformation of actuarial reporting analytics and capabilities. This role focuses on building, enhancing, and maintaining reporting tools, data pipelines, and analytical frameworks that support U.S. Life business analysis across all reporting bases, including US Statutory, US GAAP, IFRS, Solvency II, and internal economic value metrics.

Responsibilities

• Participate in the development of reporting analytic tools such as leadership dashboard on the technical cashflow projection and BI illustration of how actual experiences are emerging.
• Support the development of reporting tools to help deepen our understanding of the entire suite of reserving metrics under IFRS17 (PVFCF, CSM and RA) and Solvency II (Own fund walk, Solvency Ratio, SCR, RM).
• Partner with business teams to leverage economic value reporting insights through the development and delivery of client analytics to identify trends, risks, and opportunities.
• Address requests from senior management of SCOR US Life and assist the senior management team in understanding how the financials would evolve in the future and/or under certain scenarios.
• Support and advocate 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 efficiencies.
• Serve as Financial Development Partner by recommending and working closely on model and process development, improvements, and enhancements for actuarial reporting.
• Provide support and liaise with group and business unit functions for Group reporting topics.
• Surge support for the actuarial reporting & analysis work where needed, such as annual capital model runs.
• Support the development and implementation of company-wide strategic initiatives and special assignments as required.
• May perform other duties as assigned.

Qualifications

• Associateship of the Society of Actuaries (ASA) designation (or equivalent).
• 3+ years of actuarial experience within insurance or reinsurance, with direct involvement in valuation, reserving, or economic value analysis.
• Strong understanding of actuarial valuation concepts, cash flow based modeling, and assumption development.
• Hands-on experience with IFRS, Solvency II, LDTI, PBR, or other economic value / insurance finance frameworks.
• Experience interpreting and explaining model results, movements, and sensitivities to non-actuarial stakeholders.
• Proficiency with analytical and reporting tools (e.g., Excel, SQL, actuarial systems, BI tools).
• Demonstrated ability to operate effectively in a cross-functional, fast-paced environment.
• Experience supporting audit, governance, and regulatory review processes.
• Strong written and verbal communication skills, with the ability to articulate complex actuarial topics clearly and concisely.

Relocation assistance within the U.S. is available for this position.

Candidates must have valid authorization to work in the U.S. without the need for employer sponsorship now or in the future.

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.

Pay Range: For roles performed in NC: $106,000-$129,500 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.