VP, Actuary - Inforce Optimization

Job Description

Responsible for information / validation, risk and performance analytics and recommending and presenting specific actions to senior management to optimize our underperforming treaties.

Responsibilities

• Support the management development of a team of actuaries
• Identify, recommend and support actions to be taken by SCOR to optimize its inforce block
• Review treaty language, pricing methods and assumptions, and valuation methods and assumptions
• Regularly review and as appropriate update models that support inforce and risk performance analytics
• Identify and report actuarial risks as required for the group and legal entity risk dashboards
• Recommend various courses of action on underperforming business that management needs to consider in selecting the optimal approach
• Present recommendations to senior management as part of governance process while ensuring the accuracy and validity of information that is presented
• Make suggestions on areas of improvement
• Work with team Head of Inforce Management to completing ad hoc requests
• Effectively communicate and collaborate with all constituents across the organization (both within the inforce team and with other functions such as actuarial, experience studies)
• Demonstrated leadership that deliver key initiatives (including management actions) from start to finish
• Other duties as required

Qualifications

• FSA designation
• 15+ years of actuarial experience
• 10+ years of demonstrated management / leadership experience
• Strong demonstrated communication and collaboration skills
• Pricing, Valuation and / or inforce experience preferred
• Strong understanding of industry experience including review and development of actuarial assumptions
• Experience working with senior level executives
• Solid analytical skills and financial acumen with strong problem solving ability
• Ability to understand broad picture with an ability to research and understand the details
• Highly motivated self-starter and ability to work independently and as part of a team
• Strong understanding of pricing, valuation methods and financial results
• Strong interpersonal and communication skills
• Ability to understand complex models
• Ability to identify and implement departmental processes and controls and ensure appropriate documentation

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.