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Actuarial Analyst, South KoreaAt AIG, we are committed to strengthening our financial reporting and actuarial analysis capabilities to meet both local and global standards. Join us as an Actuarial Analyst to play a key role in driving accurate and timely valuation and regulatory reporting. It's an opportunity to grow your skills and experience as a valued member of our Corporate Actuarial team.AIG's Corporate Actuarial team plays a critical role in supporting AIG Korea's insurance operations through accurate valuation and assumption setting. The team works closely with various stakeholders such as finance, product development, ERM, and external auditors to ensure compliance and business insight.How you will create an impact<ul><li>Support financial closings under IFRS4 and IFRS17 for long-duration insurance contracts</li><li>Contribute to K-ICS valuation for short-duration insurance and IR rate risk calculations</li><li>Perform assumption setting, especially for lapse rates, and updates assumptions regularly</li><li>Prepare documentation and evidence for internal/external audit and regulatory filing (e.g., FSS, KIDI)</li><li>Participate in assumption governance, experience analysis, and actuarial process improvement initiatives</li><li>Generate new ideas for creative and innovative value propositions</li><li>Collaborate with cross-functional teams (e.g., IT, finance, ERM) to support reporting processes</li></ul>What you’ll need to succeed<ul><li>4+ years of experience in actuarial valuation, financial reporting, or assumption setting for life or health insurance</li><li>Solid understanding of IFRS17 and K-ICS frameworks</li><li>Strong modeling and analytical skills; experience with actuarial software (e.g., Prophet, R3S) is a plus</li><li>Excellent problem-solving skills and attention to detail</li><li>Strong communication skills in Korean; English proficiency is a plus</li><li>Collaborative and proactive mindset, with the ability to manage tight deadlines in a dynamic environment</li></ul>At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.Enjoy benefits that take care of what mattersAt AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing, and financial security—as well as your professional development—to bring peace of mind to you and your family.Reimagining insurance to make a bigger difference to the worldAmerican International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty, and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.Welcome to a culture of inclusionWe’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions, and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities, and Employee Resource Groups (ERGs). The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability, or any other legally protected categories.AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.Functional Area: AC - Actuarial AIG Korea Inc. (South Korea)

About the RoleContract Duration: Up to 2 years, with the initial contract for one year and the possibility of renewal for another year.We are seeking a dedicated professional to join our valuation team. This contract role offers the flexibility to be based in either Seoul or Hong Kong.The key activities of the valuation team that you will be primarily responsible for include:<ul><li>Quarterly reserving and reporting processes (mainly for Korea business):</li><ul><li>Ensure the reporting process for Life &amp; Health (L&amp;H) business is adequately reflective of the changing business needs.</li><li>Ensure in-force data quality and proper determination of policy liabilities for Group IFRS 17, Singapore Statutory, and Swiss Statutory.</li><li>Monitor, project and communicate performance of Korea and assigned L&amp;H business portfolios.</li></ul><li>Engage with other internal teams and with external clients, auditors and regulators:</li><ul><li>Support actuarial feedback loop from valuation to pricing.</li><li>Assist with audit requests.</li><li>Support the appointed actuary and third-party actuarial review to fulfill the regulatory requirement.</li></ul></ul>Management retains the discretion to add or change the duties of the position at any time.This position is initially offered as a one-year contract, with the likelihood of renewal for an additional year based on performance and business needs, which is not guaranteed.About the TeamReporting to Head L&amp;H Valuation HK, TW &amp; Korea, you will be primarily responsible for the activities of the valuation in the Korea market. The valuation team is part of the Risk Management L&amp;H Re in Swiss Re, responsible for managing the actuarial valuation, reporting, and analysis for all reinsurance business written in Asia.The valuation team in Asia supports Swiss Re's L&amp;H business in Asia excluding Australia/New Zealand/China by providing financial information and advice on past and expected future profitability and experience.This team works closely with other departments in Asia's L&amp;H Community, including Pricing, Portfolio Management, and Client Markets teams. Furthermore, the team has interdependent relationships with other units within the Risk Management L&amp;H Re.The successful candidate will need to proactively liaise with cross-functional teams and is required to foster a strong team culture to drive delivery of the overall in-force management mandate.About You<ul><li>0-4 years of experience in L&amp;H valuation within reinsurance, primary insurance, or insurance consultancy. Fresh graduates are also welcome to apply.</li><li>Practical working experience in IFRS 17.</li><li>Proficient in Korean and fluent in English.</li><li>Good communication skills and comfortable working with remote colleagues across locations.</li><li>Good progress in actuarial exams.</li></ul>About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance, and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property &amp; Casualty and Life &amp; Health.Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought, or other characteristics.In our inclusive and flexible environment, everyone can bring their authentic selves to work and their passion for sustainability.If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

Join Our Team as a Junior Actuary at Hannover Re Korea BranchAt Hannover Re, one of the world’s leading reinsurance companies headquartered in Germany, we work together to deliver intelligent reinsurance solutions that create value for our clients worldwide.Our Korea Branch is currently seeking a motivated and analytical Junior Actuary to join our dynamic team. This is a unique opportunity to be part of a global network while contributing to meaningful work in the local insurance market.If you are passionate about actuarial science, eager to grow your expertise in a global environment, and looking for a role that values curiosity, collaboration, and integrity — we’d love to hear from you.You can look forward to:<ul><li>Experience analysis</li><li>Company / Industry / Population experience</li><li>Assumptions management</li><li>Lapses / Loss ratios, etc.</li><li>Modelling insurance Liability for Remaining Coverages
<ul><li>Building cashflow projection in RAFM</li><li>Controlling input factors for projection</li></ul></li><li>Estimating insurance Liability for Incurred Claims
<ul><li>Calculating BEL using chain ladder method</li><li>Calculating RA using the Thomas Mack model</li></ul></li><li>Analysing insurance liability for IFRS17 and K-ICS
<ul><li>Movement analysis / Sensitivity testing</li></ul></li><li>Collaboration with accounting team for Financial Closing
<ul><li>Regulatory reports under K-IFRS17 / K-ICS</li></ul></li></ul>You come equipped with:<ul><li>0-5 years of experience in actuarial function</li><li>Strong communication and interpersonal skills</li><li>Comfortable working with numbers</li><li>Fluency in Korean &amp; English</li></ul>Preferred Qualifications:<ul><li>Certified Korean Actuary, Credentialed U.S. Actuary (e.g., SOA, CAS)</li></ul>What We Offer:Atmosphere: You will find an international working environment with short decision channels, an open feedback culture and a sense of community shaped by mutual esteem and a readiness to help.Benefits: Work-life balance are just some of our benefits.Prospects: You contribute your specialist and methodological expertise and we offer you fresh input and the opportunity to further develop your potential – including room to come up with innovative ideas and act on them!

About the RoleThe key activities of the valuation team that you will be primarily responsible for include:1) Quarterly reserving and reporting processes mainly for Korea business:<ul><li>Ensuring the reporting process for L&H business is adequately reflective of the changing business needs.</li><li>Ensuring in-force data quality and proper determination of policy liabilities for Korea IFRS 17 and Korea Statutory (K-ICS).</li><li>Monitor, project and communicate performance of Korea and assigned L&H business portfolios.</li></ul>2) Engage with other internal teams and with external clients, auditors, and regulators to ensure effective management of L&H in-force portfolios:<ul><li>Act as the liaison point on Korea L&H business for other functions in Swiss Re, with special focus on actuarial feedback loop from valuation to pricing.</li><li>Responsible for audit request of Korea IFRS 17 and K-ICS.</li><li>Support appointed actuary and 3rd party actuarial review to fulfill the regulatory requirement.</li></ul>(Management retains the discretion to add or change the duties of the position at any time.)About the TeamReporting to Head L&H Valuation HK, TW & Korea, you will be primarily responsible for the activities of the valuation in the Korea market. The valuation team is part of the Risk Management L&H Re in Swiss Re, responsible for managing the actuarial valuation, reporting, and analysis for all reinsurance business written in Asia.The valuation team in Asia supports Swiss Re's L&H business in Asia, excluding Australia/New Zealand/China, by providing financial information and advice on past and expected future profitability and experience.This team works closely with other departments in Asia's L&H Community, including Pricing, Portfolio Management, and Client Markets teams. Furthermore, the team has interdependent relationships with other units within the Risk Management L&H Re.The successful candidate will need to proactively liaise with cross-functional teams and is required to foster a strong team culture to drive delivery of the overall in-force management mandate.About You<ul><li>3-6 years of L&H valuation experience in reinsurance, primary insurance, or insurance consultancy.</li><li>Working experience in Korea IFRS 17 or Korea statutory (K-ICS) reporting (ideally both).</li><li>Proficient in Korean and conversational in English.</li><li>Good communication skills and comfortable working with colleagues outside of Korea remotely.</li><li>Good progress in actuarial exams.</li></ul>About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance, and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health.Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought, or other characteristics.In our inclusive and flexible environment, everyone can bring their authentic selves to work and their passion for sustainability.If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

About the RoleThe key activities of the valuation team that you will be primarily responsible for include:1) Quarterly reserving and reporting processes mainly for Korea business:<ul><li>Ensuring the reporting process for L&H business is adequately reflective of the changing business needs.</li><li>Ensuring in-force data quality and proper determination of policy liabilities for Korea IFRS 17 and Korea Statutory (K-ICS).</li><li>Monitor, project and communicate performance of Korea and assigned L&H business portfolios.</li></ul>2) Engage with other internal teams and with external clients, auditors, and regulators to ensure effective management of L&H in-force portfolios:<ul><li>Act as the liaison point on Korea L&H business for other functions in Swiss Re, with special focus on actuarial feedback loop from valuation to pricing.</li><li>Responsible for audit requests of Korea IFRS 17 and K-ICS.</li><li>Support appointed actuary and 3rd party actuarial review to fulfill the regulatory requirement.</li></ul>(Management retains the discretion to add or change the duties of the position at any time.)About the TeamReporting to Head L&H Valuation HK, TW & Korea, you will be primarily responsible for the activities of the valuation in the Korea market. The valuation team is part of the Risk Management L&H Re in Swiss Re, responsible for managing the actuarial valuation, reporting, and analysis for all reinsurance business written in Asia.The valuation team in Asia supports Swiss Re's L&H business in Asia excluding Australia/New Zealand/China by providing financial information and advice on past and expected future profitability and experience.This team works closely with other departments in Asia's L&H Community, including Pricing, Portfolio Management, and Client Markets teams. Furthermore, the team has interdependent relationships with other units within the Risk Management L&H Re.The successful candidate will need to proactively liaise with cross-functional teams and is required to foster a strong team culture to drive delivery of the overall in-force management mandate.About You<ul><li>3-6 years of L&H valuation experience in reinsurance, primary insurance, or insurance consultancy.</li><li>Working experience in Korea IFRS 17 or Korea statutory (K-ICS) reporting (ideally both).</li><li>Proficient in Korean and conversational in English.</li><li>Good communication skills and comfortable working with colleagues outside of Korea remotely.</li><li>Good progress in actuarial exams.</li></ul>About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance, and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime.We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics.In our inclusive and flexible environment, everyone can bring their authentic selves to work and their passion for sustainability.If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

Head of A&amp;H Product Development, South KoreaAt AIG, we are reimagining the way we help customers manage risk. Join us as a Head of A&amp;H Product Development to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.AIG’s Long Term Product Development team is at the forefront of AIG Korea’s Personal Insurance business, focusing on new coverages and products, pricing strategy, and management of existing products. Frequent interactions and collaboration with major functions such as distribution, PI strategy, marketing, customer service, claims, and Portfolio Management are essential for this team.How you will create an impact<ul><li>Responsible for developing and implementing profitability and growth strategies of products in support of financial goals.</li><li>Monitor emerging risks and trends. Develop product pricing strategies to address risks. Introduce new and enhanced coverages as appropriate by working with various third parties like reinsurers and service providers.</li><li>Responsible for implementing new products and ensuring A&amp;H remains competitive on risks that meet pricing and underwriting standards.</li><li>Drive growth and profitability while working with various stakeholders to develop and implement market-specific strategies aimed at supporting the entire portfolio.</li><li>Develop and maintain relationships with internal underwriting, distribution, IT, and operations teams to provide excellent customer focus that meets client needs.</li><li>Provide leadership and guidance to the Product Development team, fostering skill development.</li><li>Build a culture of collaboration and performance to achieve team and company goals.</li><li>Ensure that appropriate guardrails are in place for the business, including adherence to Legal, Compliance, Risk, and Audit’s governance framework.</li><li>Drive consistent sales planning excellence across A&amp;H products by assisting in establishing and ensuring adherence to risk appetite, underwriting standards, and guidelines.</li><li>Develop and ensure SI (sum Insured) and pricing adequacy for the products. Make adjustments when necessary to ensure profitability through regular revision processes.</li></ul>What you’ll need to succeed<ul><li>Sufficient work experience with accidental and health product development or pricing of Life or Non-Life insurance.</li><li>Strong ability in delivering new product ideas within accidental and health product lines.</li><li>Deep knowledge of actuarial science; qualified actuary is a plus.</li><li>Ability to work with various distribution channels.</li><li>Early adopter and visionary with an innovative and disruptive mindset, demonstrating the ability to adapt product, marketing, and acquisition tactics in response to market and industry insights.</li><li>Strong business acumen with a proven track record of making sound judgments backed by strong analytical skills.</li><li>Proven ability to lead, motivate, and gain commitment and trust from direct reports and colleagues.</li></ul>Reimagining insurance to make a bigger difference to the worldAmerican International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions. It is an exciting time to join us — we are thinking in new and innovative ways to deliver ever-better solutions to our customers.Welcome to a culture of belongingWe’re committed to creating a culture that respects and celebrates each other’s talents, backgrounds, cultures, opinions, and goals. We foster a culture of inclusion and belonging through our flexible work arrangements and diversity and inclusion learning.AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability, or any other legally protected categories.AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.

Responsibilities<ul><li>Inforce Management</li><li>Repricing new from exiting business triggered by simplified approach</li><li>Support the Deep-Dive report to populate working files technically</li><li>Monitor the experience based on official and interim SOA for timely detection</li></ul>Assumption management<ul><li>Annual BEs update for enhancement for Valuation and Pricing</li><li>Update the lapse & loss ratio assumptions or IBNR</li></ul>Qualifications<ul><li>Experience:</li><li>Minimum 3 years of data analysis in Insurance industry experience.</li></ul>Personal Competences:<ul><li>Excellent skills in one or more database management system (e.g., MS-SQL, Oracle, SAS)</li><li>Excellent verbal and written communication skills in English and Korean.</li><li>Solid analytical skills with strong problem-solving ability.</li><li>Must be able to work effectively independently and as part of a team.</li></ul>About usAs 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.

About the Role:The key activities of the valuation team that you will be primarily responsible include:<ul><li>Quarterly reserving and reporting processes mainly for Korea business:
 - Ensuring the reporting process for L&amp;H business is adequately reflective of the changing business needs
 - Ensuring in-force data quality and proper determination of policy liabilities for IFRS, Korea Statutory, Singapore Statutory, and Swiss Statutory
 - Monitor, project and communicate performance of Korea and assigned L&amp;H business portfolios</li><li>Modelling Support mainly for Korea business:
 - To assist in setting up and refining data, model points and assumptions for onboarding of business to RAFM models
 - Ensuring that the business is onboarded appropriately from RAFM to Swiss Re L&amp;H reporting systems including validating impacts on IFRS and various Statutory basis.</li><li>Engage with other internal teams and with external clients and regulators to ensure effective management of L&amp;H in-force portfolios:
 - Act as the liaison point on Korea L&amp;H business for other functions in Swiss Re, with special focus on actuarial feedback loop from valuation to pricing
 - Assist other teams, e.g. Portfolio Management, Technical Accounting&amp; Financial Controlling</li></ul>About the Team:Reporting to Head L&amp;H Valuation HK, TW &amp; Korea, you will be primarily responsible for the activities of the valuation in Korea market. The valuation team is part of the Risk Management L&amp;H Re in Swiss Re, responsible for managing the actuarial valuation, reporting and analysis for all reinsurance business written in Asia.The valuation team in Asia supports Swiss Re's L&amp;H business in Asia excluding Australia/New Zealand/China by providing financial information and advice on past and expected future profitability and experience. This team works closely with other departments in Asia's L&amp;H Community, including Pricing, Portfolio Management, and Client Markets teams. Furthermore, the team has interdependent relationships with other units within the Risk Management L&amp;H Re.The successful candidate will need to proactively liaise with cross functional teams and is required to foster a strong team culture to drive delivery of the overall in-force management mandate.About You:<ul><li>Strong knowledge and working experience in L&amp;H business, plus the ability to communicate business needs with internal clients and external regulators is key to success in this role.</li><li>0~5 years L&amp;H valuation or pricing experience in reinsurance, primary insurance or insurance consultancy.</li><li>Good progress in Actuarial Professional examinations.</li><li>Ability to balance rigorous technical requirements and business mind-set to be solutions oriented, Strong technical knowledge and the ability to analysis large amounts of data.</li><li>Good understanding of IFRS 17. Local statutory knowledge would be considered as an advantage.</li><li>Proficient in Korean and coversational in English</li><li>Good knowledge and proficiency of actuarial modelling systems; RAFM experience is desirable, but not essential.</li></ul>About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property &amp; Casualty and Life &amp; Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

Job SummaryThe Inforce Management function is responsible for actuarial support, tracking, analyzing, and reporting on existing products and inforce policies. The role involves various analyses related to financial plans, product design, regulatory requirements, and assumption development.ResponsibilitiesKey duties and responsibilitiesInforce Management<ul><li>Analyze the Profitability under IFRS4 based on client SOA and BDX data to compare profit and risk portfolios during business inception.</li><li>Repricing for In-force business reflecting the latest attributes and improved valuation model.</li><li>Monitor portfolio changes by deep-dive level based on Seriatim or non-seriatim data.</li></ul>Assumption management<ul><li>Fulfill actuarial assumption assignments for North Asia impacting IFRS17 (Local, Group), SII, IFRS4 reporting requirements.</li><li>Derive calibrated actuarial assumptions considering Type 2 conversion for IFRS17 in Korea from Local IFRS17 view.</li><li>Annual BEs update for Valuation and Premium estimation enhancement for Valuation.</li><li>Continuous enhancement of accuracy, reliability, and computational efficiency of the Actuarial assumption model based on IFRS17 and related tools.</li></ul>Assumption update Impact analysis<ul><li>Assess the liabilities (BEL) under actuarial assumptions and cash flows.</li><li>Analyze the Financial Impact based on deep understanding of existing IFRS17 (Local, Group) modeling and methodology.</li><li>Design and implement estimation and projection techniques and required data for IFRS 17 OP planning.</li><li>Develop communications to help stakeholders understand reported results and business performance.</li></ul>QualificationsExperience:<ul><li>Minimum 5 years of data analysis in the Insurance industry.</li></ul>Personal Competences:Essential :<ul><li>Excellent skills in one or more database management systems (e.g., MS-SQL, Oracle, SAS).</li></ul>Desirable :<ul><li>Excellent verbal and written communication skills in English and Korean.</li><li>Solid analytical skills with strong problem-solving ability.</li><li>Must be able to work effectively independently and as part of a team.</li></ul>Required Education<ul><li>Bachelor’s Degree in Mathematics, Statistics, Finance, or Accounting or equivalent combination of education and experience.</li></ul>About usSCOR, 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.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.

About the Role<ul><li>Portfolio Management: Actively participate and support the team's responsibilities to provide high-quality deliverables, engage and closely collaborate with Market Units, other internal partners, and external clients to perform effective management of the inforce portfolios.</li><li>Smart Circles: Actively support the establishment and facilitation of Smart Circles, by providing portfolio insights and proactively steer management actions in delivering sustainable profit.</li></ul>Responsibilities include:<ul><li>Identify and monitor key portfolio risks, rate review triggers, and financial KPIs to ensure timely action is taken when necessary.</li><li>Identifying early warning signals and managing portfolio risks such that proactive action can be taken to protect the value of the inforce and ensure its sustainability.</li><li>Facilitate the feedback loop process, ensure alignment and effective information flow between relevant cross-functional teams.</li></ul>Driving initiatives on the inforce portfolio to maximize value and manage risk. This includes:<ul><li>Performing portfolio deep dives to review treaty profitability and propose actions to improve treaty performance.</li><li>Reprice reviewable rate treaties and/or provide technical peer reviews.</li><li>Complete quantitative experience analysis and valuation for recaptures or non-contractual change on the inforce.</li><li>Driving initiatives on the inforce to deliver on key financial KPIs and inforce solutions.</li></ul>Experience Monitoring:<ul><li>Manage the production of regular and ad hoc monitoring analysis, including claims, retention/lapse, and other.</li><li>Act as a key input provider for business steering and in-force management via monitoring experience and communicating lessons learned and reserving implications to key stakeholders.</li><li>Monitor treaty's rate review trigger or internal KPI to ensure timely action is taken when necessary.</li></ul>Inforce Referrals and Transactions:<ul><li>Support the team leader in providing referral review and approval on client treaty recapture and re-pricing activities requiring PSM/CUO sign-off based on defined referral governance authority.</li><li>Support for transactions both pre-deal as key business bound representatives, and post-deal onboarding implementation.</li><li>Ensure new business is onboarded appropriately considering its risk profiles and materiality. This includes developing operating manuals for large complex deals that define clear roles and responsibilities in the ongoing management and reporting of new business.</li></ul>Support Group wide and regional projects as required, including other priorities of the L&amp;H PSM team.About the TeamThe Portfolio Management (PM) team forms part of Life &amp; Health (L&amp;H) Portfolio Steering &amp; Monitoring (PSM) within the Chief Underwriting Office (CUO). The PSM purpose is to generate insights and connect our business to proactively steer L&amp;H in delivering sustainable profit. Portfolio Management APAC covers seven markets - Australia &amp; New Zealand, China, Hong Kong &amp; Taiwan, Japan, Korea, South East Asia, and India (JKSI).As part of APAC PM team, this role reports to the Head L&amp;H Portfolio Management JKSI and working closely with other team members. Whilst this role will focus on Korea market, it also includes participation in regional initiatives and offer great exposure to leaders at the executive level, including frequent access to Asia and Global Directors. In addition, the team works closely with other departments in L&amp;H Community, including Pricing, Client Markets, Claims, Valuation, and Finance.About You<ul><li>Nearly qualified or qualified actuary with a recognized Actuarial professional body.</li><li>Minimum 5 years of L&amp;H valuation or pricing experience in reinsurance or primary insurance.</li><li>Good technical knowledge in areas of liability portfolio management (e.g. experience analysis, product pricing and valuation, financial performance analysis).</li><li>Working knowledge of IFRS 17 financial reporting and embedded valuation methods (e.g. MCEV, EEV, TEV).</li><li>Strong analytical skills, good understanding of financial reporting systems, actuarial models, and data management.</li><li>Experience in regular experience monitoring and highlight/investigate variance in experience and its root causes.</li><li>Solid knowledge of the Korea insurance market and products. Fundamental understanding of the Asian insurance and reinsurance industry, and knowledge of the main products and services offered by Swiss Re and its competitors would be a plus.</li><li>Excellent interpersonal, communication, and organizational skills.</li><li>Ability to liaise with various stakeholders on different in-force management initiatives.</li><li>Ability to navigate in ambiguity and to work autonomously.</li><li>Good English writing ability and able to converse in English.</li><li>Proficient in both spoken and written Korean.</li><li>Functional title will be determined based on the experience of the selected candidate.</li></ul>About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance, and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property &amp; Casualty and Life &amp; Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought, or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

Position summary:Swiss Re is seeking an actuarial analyst with strong coding experience, or an experienced coding expert with P&amp;C insurance experience to join its regional actuarial team in Singapore, Hong Kong or Seoul, reporting to the Corporate Actuary, Swiss Re Asia.The position will be responsible for:<ul><li>Preparing statutory reporting filings for one or more of the branches of Swiss Re in Asia.</li><li>Assist in the evaluation and preparation of Group reserves and reporting for Swiss Re's Asia P&amp;C business.</li><li>Provide custom and/or automated coded solutions for the Asia team.</li></ul>This position is an Assistant Vice President role. Actual responsibilities will be weighted towards the successful candidate's skillset (actuarial / coding).Specific responsibilities include but are not limited to the following:<ul><li>Supports quarterly review of P&amp;C loss reserves for Swiss Re's Asia Operations</li><li>Provide support to the senior Actuarial &amp; Reserving leaders in the region as necessary</li><li>Support discussions with underwriting in relation to reserving feedback loops and other product analysis</li><li>Responsible for statutory matters relating to P&amp;C Reinsurance for one branch, completing internal and external reporting as required (e.g. Branch Management Committee, Liability Valuation Report, Appointed Actuary, ICAAP/ORSA).</li><li>Provide additional support to other branches' statutory reporting as required.</li><li>Support other areas of the company including Finance, Planning and the transition of accounting standards to IFRS17.</li><li>Work with regulators and internal/external auditors on routine and special matters</li><li>Work on other projects as assigned including participating in internal underwriting audits</li><li>Develop and maintain relationships with local actuarial and industry associations</li><li>Participate in industry related committees representing Swiss Re</li></ul>Position Requirements:<ul><li>5+ years' experience in a Property &amp; Casualty environment (insurance/reinsurance, commercial lines); reinsurance experience a significant advantage.</li><li>Newly or nearly qualified actuary OR experienced programmer in R.</li><li>University degree in actuarial science or related field (mathematics or finance) OR computing science related degree.</li><li>Actuarial valuation and reporting experience</li><li>Very good understanding of actuarial, accounting, information systems and investments.</li><li>Familiarity with IFRS17. Korea-specific experience would be an advantage but is not a requirement.</li><li>Knowledge of statutory, regulatory and insurance accounting environments. Experience specific to Korea would be a significant advantage but not a requirement (knowledge of other Asian environments would also be viewed favourably).</li><li>Excellent written and verbal English skills. Fluency in Korean would be a significant advantage but not a requirement (knowledge of another Asian language would also be viewed favourably).</li><li>Strong practical capabilities in Microsoft Office and other business software applications; extensive programming skills in data analytics applications (R, Python) would be a significant advantage.</li><li>Independent self-starter</li><li>Accomplished interpersonal and communication skills – demonstrates a clear and articulate standard of written and verbal communication in a complex environment</li><li>Proactive in seeking out and providing information</li><li>Actively looks to add value and take on additional responsibility</li><li>Ability to work under pressure and prioritize tasks accordingly</li></ul>About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

About the RoleReporting to Regional Corporate Actuary, Life &amp; Health ("L&amp;H") Valuation &amp; Analysis Team, this position will be primarily responsible for the activities of the valuation in the Korea market. The primary responsibilities of this position includes, but are not limited to, the following:<ul><li>Quarterly reserving and reporting processes of Korea business:</li><ul><li>Ensuring the reporting process for L&amp;H business is adequately reflective of the changing business needs</li><li>Ensuring in-force data quality and proper determination of policy liabilities for Singapore Statutory, Swiss Statutory and IFRS17</li><li>Monitor, project and communicate performance of Korea and assigned L&amp;H business portfolios</li></ul><li>Modelling Support for Korea business:</li><ul><li>To assist in setting up and refining data, model points and assumptions for onboarding of business to actuarial models</li><li>Ensuring that the business is onboarded appropriately from models to Swiss Re L&amp;H reporting systems including validating impacts on IFRS17, economic reporting and various Statutory bases</li><li>Supporting experience study and assumption review for Korea inforce portfolio monitoring</li></ul><li>Engage with internal teams, external clients, and regulators to ensure effective management of L&amp;H in-force portfolios:</li><ul><li>Act as the main liaison point on Korea L&amp;H business for other functions in Swiss Re, with special focus on actuarial feedback loop from valuation to pricing</li><li>Assist other teams, e.g. Portfolio Management, Technical Accounting, Risk Management &amp; Financial Controlling</li></ul></ul>About the TeamThe Valuation &amp; Analysis Team is part of the L&amp;H Risk Management division in Swiss Re, responsible for managing the in-force business. The Valuation &amp; Analysis Team in Asia supports Swiss Re's L&amp;H business in Asia by providing financial information and advice on past/expected future profitability and experience.This team works closely with other departments in Asia's L&amp;H Community, including those in business origination functions (Client Markets and Pricing teams). Furthermore, the team has interdependent relationships with other units within the L&amp;H Risk Management division.The successful candidate will need to proactively liaise with cross functional teams and is required to foster a strong team culture in order to drive delivery of the overall in-force management mandate.About YouStrong knowledge and working experience in L&amp;H business, plus the ability to communicate business needs with internal clients and external regulators is key to success in this role.<ul><li>Around 2-4 years of L&amp;H valuation or pricing experience in reinsurance, primary insurance or insurance consultancy</li><li>Good progress in actuarial exams (close to associate level is desirable)</li><li>Excellent interpersonal, communication, organisational skills</li><li>Ability to balance rigorous technical requirements and business mind-set to be solutions oriented; Strong technical knowledge and the ability to analysis large amounts of data</li><li>A good understanding of statutory reserving. Knowledge in IFRS17 would be considered as an advantage</li><li>Good knowledge and proficiency of actuarial modelling systems; RAFM/MoSes experience is desirable, but not essential</li><li>Proficient in MS Excel. Knowledge of MS Access and/or SQL would be considered an advantage</li><li>Language proficiency: Proficient in Korean, and have a working knowledge of English with a readiness to further improve upon onboarding</li></ul>About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

About the RoleThe key activities of the Actuarial Management team that you will be primarily responsible include:<ul><li>Engage with other relevant teams and with external clients and regulators to ensure effective management of Life &amp; Health (L&amp;H) in-force portfolios:</li><ul><li>Supporting the business growth including advisory during onboarding state of the new reinsurance treaties, based on our financial valuation insights</li><li>Actively keep track of Korea FSC latest requirements, especially actuarial requirements</li><li>Act as the main liaison point on Korea L&amp;H business for other functions in Swiss Re, with special focus on actuarial feedback loop from valuation to pricing</li><li>Assist other teams such as Portfolio Management, Client Management, Pricing and Financial Controlling</li></ul><li>Quarterly reserving and reporting processes of Korea business:</li><ul><li>Ensuring the reporting process for L&amp;H business is adequately reflective of the changing business needs</li><li>Ensuring in-force data quality and proper determination of policy liabilities for USGAAP, Swiss Statutory, economic reporting and IFRS17</li><li>Monitor, project and communicate performance of Korea and assigned L&amp;H business portfolios</li></ul><li>Modelling Support for Korea business:</li><ul><li>To assist in setting up and refining data, model points and assumptions for onboarding of business to actuarial models</li><li>Ensuring that the business is onboarded appropriately from models to Swiss Re L&amp;H reporting systems including validating impacts on USGAAP, economic reporting and various Statutory bases.</li></ul></ul>About the TeamL&amp;H Valuation forms part of the L&amp;H Chief Risk Officer unit. The teams are accountable for independent valuation of Swiss Re's L&amp;H business globally, with US GAAP reserves of more than USD20bn. This includes business written across the world and covers all the lines of business that fall into L&amp;H – mortality, CI, DI, longevity, as well as additional 'complex' products such as those with financial risk. As well as production of the numbers, the team is responsible for ensuring timely and accurate information is fed back to the market units to ensure proactive decisions are taken to steer the L&amp;H business in the best possible way.About You<ul><li>Strong knowledge and working experience in L&amp;H business, plus the ability to communicate business needs with internal clients and external regulators is key to success in this role;</li><li>Around 6 years of L&amp;H valuation or pricing experience in reinsurance, primary insurance or insurance consultancy; Qualified or working towards to Fellow of Institute of Actuaries Korea (FIAK);</li><li>Excellent interpersonal, communication, organisational and people management skills;</li><li>Ability to balance rigorous technical requirements and business mind-set to be solutions oriented; Strong technical knowledge and the ability to analysis large amounts of data;</li><li>A good understanding of USGAAP, MCEV, IFRS17 and Korea local reserving standards would be considered an advantage; Good knowledge and proficiency of actuarial modelling systems; Proficient in MS Excel. Knowledge of MS Access and/or SQL would be considered an advantage;</li><li>Position will be located in Korea;</li><li>Fluent spoken and written Korean/ English.</li><li>Candidates with less experience will be considered as (Senior) Actuarial Analyst</li></ul>About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property &amp; Casualty and Life &amp; Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

About the RoleThe key activities of the Actuarial Management team that you will be primarily responsible include:<ul><li>Engage with other relevant teams and with external clients and regulators to ensure effective management of Life &amp; Health (L&amp;H) in-force portfolios:</li><ul><li>Supporting the business growth including advisory during onboarding state of the new reinsurance treaties, based on our financial valuation insights</li><li>Actively keep track of Korea FSC latest requirements, especially actuarial requirements</li><li>Act as the main liaison point on Korea L&amp;H business for other functions in Swiss Re, with special focus on actuarial feedback loop from valuation to pricing</li><li>Assist other teams such as Portfolio Management, Client Management, Pricing and Financial Controlling</li></ul><li>Quarterly reserving and reporting processes of Korea business:</li><ul><li>Ensuring the reporting process for L&amp;H business is adequately reflective of the changing business needs</li><li>Ensuring in-force data quality and proper determination of policy liabilities for USGAAP, Swiss Statutory, economic reporting and IFRS17</li><li>Monitor, project and communicate performance of Korea and assigned L&amp;H business portfolios</li></ul><li>Modelling Support for Korea business:</li><ul><li>To assist in setting up and refining data, model points and assumptions for onboarding of business to actuarial models</li><li>Ensuring that the business is onboarded appropriately from models to Swiss Re L&amp;H reporting systems including validating impacts on USGAAP, economic reporting and various Statutory bases.</li></ul></ul>About the TeamL&amp;H Valuation forms part of the L&amp;H Chief Risk Officer unit. The teams are accountable for independent valuation of Swiss Re's L&amp;H business globally, with US GAAP reserves of more than USD20bn. This includes business written across the world and covers all the lines of business that fall into L&amp;H – mortality, CI, DI, longevity, as well as additional 'complex' products such as those with financial risk.As well as production of the numbers, the team is responsible for ensuring timely and accurate information is fed back to the market units to ensure proactive decisions are taken to steer the L&amp;H business in the best possible way.About You<ul><li>Strong knowledge and working experience in L&amp;H business, plus the ability to communicate business needs with internal clients and external regulators is key to success in this role;</li><li>Around 6 years of L&amp;H valuation or pricing experience in reinsurance, primary insurance or insurance consultancy; Qualified or working towards to Fellow of Institute of Actuaries Korea (FIAK);</li><li>Excellent interpersonal, communication, organisational and people management skills;</li><li>Ability to balance rigorous technical requirements and business mind-set to be solutions oriented; Strong technical knowledge and the ability to analysis large amounts of data;</li><li>A good understanding of USGAAP, MCEV, IFRS17 and Korea local reserving standards would be considered an advantage; Good knowledge and proficiency of actuarial modelling systems; Proficient in MS Excel. Knowledge of MS Access and/or SQL would be considered an advantage;</li><li>Fluent spoken and written Korean/ English.</li><li>Candidates with less experience will be considered as (Senior) Actuarial Analyst</li><li>This position will be located in Korea</li></ul>About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property &amp; Casualty and Life &amp; Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

About the RoleThe key activities of the Actuarial Management team that you will be primarily responsible for include:<ul><li>Engage with other relevant teams and with external clients and regulators to ensure effective management of Life &amp; Health (L&amp;H) in-force portfolios:</li><ul><li>Supporting the business growth including advisory during onboarding state of the new reinsurance treaties, based on our financial valuation insights</li><li>Actively keep track of Korea FSC latest requirements, especially actuarial requirements</li><li>Act as the main liaison point on Korea L&amp;H business for other functions in Swiss Re, with special focus on actuarial feedback loop from valuation to pricing</li><li>Assist other teams such as Portfolio Management, Client Management, Pricing and Financial Controlling</li></ul><li>Quarterly reserving and reporting processes of Korea business:</li><ul><li>Ensuring the reporting process for L&amp;H business is adequately reflective of the changing business needs</li><li>Ensuring in-force data quality and proper determination of policy liabilities for USGAAP, Swiss Statutory, economic reporting and IFRS17</li><li>Monitor, project and communicate performance of Korea and assigned L&amp;H business portfolios</li></ul><li>Modelling Support for Korea business:</li><ul><li>To assist in setting up and refining data, model points and assumptions for onboarding of business to actuarial models</li><li>Ensuring that the business is onboarded appropriately from models to Swiss Re L&amp;H reporting systems including validating impacts on USGAAP, economic reporting and various Statutory bases.</li></ul></ul>About the TeamL&amp;H Valuation forms part of the L&amp;H Chief Risk Officer unit. The teams are accountable for independent valuation of Swiss Re's L&amp;H business globally, with US GAAP reserves of more than USD20bn. This includes business written across the world and covers all the lines of business that fall into L&amp;H – mortality, CI, DI, longevity, as well as additional 'complex' products such as those with financial risk.As well as production of the numbers, the team is responsible for ensuring timely and accurate information is fed back to the market units to ensure proactive decisions are taken to steer the L&amp;H business in the best possible way.About You<ul><li>Strong knowledge and working experience in L&amp;H business, plus the ability to communicate business needs with internal clients and external regulators is key to success in this role;</li><li>Around 6 years of L&amp;H valuation or pricing experience in reinsurance, primary insurance or insurance consultancy; Qualified or working towards to Fellow of Institute of Actuaries Korea (FIAK);</li><li>Excellent interpersonal, communication, organisational and people management skills;</li><li>Ability to balance rigorous technical requirements and business mind-set to be solutions oriented; Strong technical knowledge and the ability to analysis large amounts of data;</li><li>A good understanding of USGAAP, MCEV, IFRS17 and Korea local reserving standards would be considered an advantage; Good knowledge and proficiency of actuarial modelling systems; Proficient in MS Excel. Knowledge of MS Access and/or SQL would be considered an advantage;</li><li>Position will be located in Korea;</li><li>Fluent spoken and written Korean/ English.</li><li>Candidates with less experience will be considered as (Senior) Actuarial Analyst</li></ul>About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property &amp; Casualty and Life &amp; Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

Job DescriptionAs a key member of the Korea Life &amp; Health Valuation team, which sits within the APAC Actuarial function, your role will be focused on the production and of IFRS and SII results. The role will cover SCOR’s business written in Korea and Japan. This will include preparing the quarterly reserves, uploading these into SCORs systems (accounting system and reserving data warehouse), understanding and analysing the results and movements, reviewing the work of other team members, and producing reports. It will also include preparation of settlement statements for an external retrocession, and User Acceptance Testing of actuarial model changes.You will have the opportunity to liaise with colleagues across the SCOR group, explaining the results to our stakeholders. You will also have the opportunity to participate in strategic projects.About the Department: APAC ActuarialThe APAC Actuarial team is based in SCOR’s offices in Singapore, Sydney, Beijing and Seoul, and covers both Life &amp; Health and Property &amp; Casualty business. This includes business written in c.30 countries and 13 legal entities in the region. We are a diverse and engaged team, providing expert actuarial analysis and insight for our stakeholders. The department is led by the Chief Reserving Actuary for Asia Pacific.ResponsibilitiesValuation &amp; Closing Process<ul><li>Production of the IFRS 4 and Solvency II results for the North Asia market</li><li>Produce the actuarial input for the annual Operating Plan</li><li>Liaise with local Technical Accounting team to produce IFRS result</li><li>Respond to the external actuarial audit process for North Asia and relationships with local auditors on actuarial topics</li><li>Liaise with IT to streamline and automate valuation process</li><li>Assist in drafting actuarial valuation reports for IFRS and solvency II for North Asia market</li><li>Perform the annual/half yearly Analysis of Change process on SII and IFRS17 results</li><li>Liaise with stakeholders across the group, based in Singapore, Cologne, Paris and Dublin </li><li>Prepare the quarterly settlement statements for Covea retrocession, and assist in creating a longer-term solution to automate this process</li><li>Standardise and continuously improve reserving processes, analysis and controls.</li><li>Check &amp; review others work as part of the ‘do, check, review’ process</li></ul>Modelling<ul><li>Assist with quarterly Prophet User Acceptance Testing</li><li>Propose improvements on tools and methodology</li><li>Assist the North Asia market’s contribution to the SCOR Group IFRS17 project, including:</li><li><ul style="list-style-type:circle"><li>Testing and dry run activities in 2022</li><li>IFRS 17 UAT and Solvency II UAT</li><li>Communicating with global stakeholders to keep up with progress developments</li></ul></li><li>Update the Best Estimate assumptions and other parameters in the Prophet model</li><li>Contribute to group/global projects</li></ul>May perform other duties as requiredQualifications<ul><li>Nearly or newly qualified actuary (FIAK, FSA, FIA, FIAA, or equivalent)</li><li>5+ years relevant experience in a insurance/reinsurance business</li><li>Experience of reserving/valuation – IFRS 4, IFRS 17 or Solvency II experience preferred</li><li>Experience of reviewing others work and managing tasks independently</li><li>Fluent Korean speaker with very good spoken &amp; written English</li><li>Enjoys working at pace, in a close-knit team</li><li>Demonstrates curiosity and enthusiasm for continuous improvement</li><li>Proactive, organized and adept at stakeholder management </li><li>Strong technical skill set</li><li>Excellent communication and interpersonal skills</li><li>Creates a supportive environment – both when coaching junior members within the team and when working with other teams and colleagues</li><li>Interest in career and skill development</li></ul>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 &amp; Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – from Life &amp; Health and Property &amp; 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.

About Swiss Re



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Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property &amp; Casualty and Life &amp; Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world. 
 
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work. 




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About the Role



1. Portfolio Management: actively participate and support the Korea Portfolio Management managers' responsibility in engaging with other internal partner functions (and with external clients) to perform effective management of L&amp;H's in-force portfolios.



2. Assist on inforce portfolio initiatives to actively manage inforce risk and increase value of the inforce. This includes for example:

<ol style="list-style-type:lower-alpha">
	<li>Performing portfolio deep dives to review treaty profitability and propose actions to improve treaty performance.</li>
	<li>Complete quantitative experience analysis and valuation for recapture or non-contractual change on the inforce. </li>
	<li>Driving key inforce initiatives within Swiss Re such as US GAAP initiatives, Portfolio Optimization, Customer Retention Management, IFRS 17 and other inforce solutions. </li>
	<li>Reprice reviewable rate treaties or provide technical peer review support.</li>
</ol>



3. Perform experience monitoring:

<ol style="list-style-type:lower-alpha">
	<li>Work on production of regular and ad hoc monitoring analysis, including claims, retention/lapse, and other.</li>
	<li>Highlight key observations and recommendations to assist on business steering and in-force management.</li>
	<li>Monitor treaty's rate review trigger or internal KPI to ensure timely action is taken when necessary.</li>
	<li>Identify early warning signals and managing portfolio risks such that proactive action can be taken to protect the value of the in-force and ensure its sustainability; Spot issue early and fix them. </li>
</ol>



4. Support Group wide and local projects as required, including other priorities of the L&amp;H Business Management team.





About the Team



The Portfolio Management team forms part of the Business Management division in Swiss Re together with other units including Technical Accounting, Actuarial Management and Claims. The team has interdependent relationships with other units within the L&amp;H Business Management division and is required to foster a strong team culture in order to drive delivery of the overall divisional mandate.  



The mandate of the Portfolio Management team is to monitor, protect and maximize the shareholder value extracted from the in-force L&amp;H portfolio across its six markets in Asia: China, Japan, South Korea, South East Asia, Hong Kong &amp; Taiwan and India.



As part of a team of fifteen, this role reports to the Head L&amp;H Portfolio Management Asia and working closely with other senior team members. Whist this role will focus on Korea market, it also includes participation in regional initiatives and offer great exposure to leaders at the executive level, including frequent access to the Managing Director and Regional Head of the Business Management in Asia Pacific. In addition, the team works closely with other departments in Division Asia's L&amp;H Community, including Pricing, Finance, Transactions and Client markets.





About You



• Good exam progress with a recognised Actuarial professional body. 
• Minimum 4+ years of L&amp;H valuation or pricing experience in reinsurance or primary insurance. 
• Good technical knowledge in areas of liability portfolio management (e.g. experience analysis, product pricing and valuation, financial performance analysis). 
• Working knowledge of US GAAP financial reporting and embedded valuation methods (e.g. MCEV, EEV, TEV), knowledge of IFRS 17 is a plus. 
• Strong analytical skills, good understanding of financial reporting process, actuarial models and data management. 
• Experience in regular experience monitoring and highlight/ investigate variance in experience and its root causes. 
• Fundamental understanding of the Asian insurance and reinsurance industry, and knowledge of the main products and services offered by Swiss Re and its competitors would be a plus. 
• Excellent interpersonal, communication and organisational skills. 
• Ability to liaise with various stakeholders on different in-force management initiatives. 
• Ability to navigate ambiguity and work autonomously.

• Strong communication skills in Korean and English.

• Candidates with more experience will be considered as Senior Actuarial Analyst.
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Keywords:   
Reference Code: 115321 


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