This role is part of the US model development team and will have the opportunity to work with a wide variety of different teams including Experience Analysis, Inforce Optimization, Finance, Pricing, SCOR Ireland, SCOR France teams, and more. You will be required to work with stakeholders to define business requirements, update model capabilities as needed and interpret and present results.
For example, you may work with the US Pricing team to understand their modeling and reporting requirements, build and test new capabilities in the model to meet those requirements, and perform model runs to quantify impacts of changes or produce new analyses. These financial analyses may then be presented to senior management.
You will also add value by continuously improving our end-to-end modeling processes and capabilities, with a focus on achieving full automation of the quarterly Model Production process. In doing so, you will help the team achieve its goals around automating the production of Prophet model results and producing insightful analysis of model results.
Responsibilities-Support actuarial modeling projects at SCOR US, such as regular model releases, annual assumption updates and process improvement projects, and be a key contributor to other company-wide strategic projects.
-Partner with valuation and reporting teams, working closely on model and process improvements and enhancements for actuarial reporting. -
-Provide occasional support for quaterly production work, where needed.
-Develop automation and analysis tools to support the quarter-end valuation process.
-Perform financial impact assessment and support the explanation of financial results and business impacts.
-Ensure that appropriate and auditable controls, reconciliations and documentation are maintained with respect to actuarial models.
-Build and maintain relationships with colleagues throughout the SCOR Group
EXPERIENCE
-At last 2 years actuarial experience with financial valuation, modeling, cash flow analysis in the insurance or reinsurance industry preferred.
-Strong interpersonal and communication skills, including verbal, written, and relationship-building.
-Ability to work efficiently and effectively in a team setting
-Ability to understand complex models, solve problems, and analyses to deliver required results.
-Ability to understand numbers and analyse drivers of change
-Demonstrates curiosity and enthusiasm for continuous improvement
-Proficient in Microsoft Office suite
-Experience with financial modeling, valuation, and cash flow analysis
Experience with actuarial modeling software, preferably Prophet which is a wished.
Experience with actuarial database software, including SQL
Experience with Python is whished
Exposure to (re)insurance concepts with a preference towards Life lines of business
Exposure to IFRS, Solvency II (or similar economic value reporting method), preferably for traditional life type products
SOFT SKILLS
-Enjoys working at pace, in a collaborative and open environment with global teams
-Flexible and agile
-Strong technical skill set, passionate about innovation and improving processes
-Excellent communication and interpersonal skills
-Proactive, takes strong ownership, committed to delivery
-Interest in career and skill development
-Fluent English speaker
EDUCATION
Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field with demonstrated record of academic excellence
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.
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What We Do
SCOR, one of the world’s largest reinsurers, serves more than 5,000 clients worldwide, providing a diversified and innovative range of solutions to control and manage risk. SCOR delivers advanced financial solutions, analytics and services across all dimensions of risk in Life & Health, Property & Casualty, and Investments. Reinsurance lies at the intersection of technical expertise and scientific progress. Models, data, and pricing and reserving tools are essential, yet they are never sufficient on their own. Sound risk decisions require expert judgment, experience and perspective. This is what we call the Art and Science of Risk. Reinsurance is a knowledge industry, where expertise grows through accumulation, transmission and practice. Across the Group, 3,600 experts based in more than 35 offices worldwide contribute to this collective intelligence. Actuaries, underwriters, risk management specialists, and Tech & Data experts transform data into insight, explore extreme scenarios, define the boundaries of insurability and help anticipate emerging risks. Together, they strengthen the resilience of SCOR, our clients and the societies we serve. This expertise is built through shared experience,continuous questioning and collective reflection. Like artists, we belong to schools of thought, learning first to observe, then to replicate, and ultimately to innovate. This ongoing transmission of knowledge enables SCOR to develop a distinctive approach, combining rigor, creativity and long-term vision in the service of risk mastery. This shared commitment underpins SCOR’s role as a global reinsurer. By turning risk into resilience and sustainable value, our collective of experts acts with responsibility and purpose. Together, we help protect the future, and shape it, for our clients, for society and for generations to come.
