Associate Actuary, Economic Value Innovation
Charlotte, NC - USA
Job Summary
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 etc.
Support the development of reporting tools to help deepen our understanding of entire suite of reserving metrics under IFRS17 (PVFCF CSM and RA) and Solvency II (Own fund walk Solvency Ratio SCR RM)
Partner and feedback the 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 teams 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 etc.
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.
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HybridWorkPolicy:SCORiscommittedtoanin officeculturewherepeoplecancollaborateexchangeideasandestablishstrongerworkingrelationshipswhilestillprovidingflexibility. Tosupportemployeework-lifebalanceandincreaseopportunitiesforemployeestoexceleverydaySCORoperateswithahybridworkingarrangement.
SCORemployeeswork3daysperweekinanofficewiththeflexibilitytowork2daysperweekremotely.
PayRangeforrolesperformed in NC: $106000-$129500 . -andlong termincentives.
Inadditionweprovideavarietyofbenefitstoemployeesincludinghealthinsurancecoveragelifeanddisabilityinsurancearetirementsavingplanpaidholidaysandpaidtimeoff.
Required Experience:
IC
About Company
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 soluti ... View more