Director, Actuary - Economic Value Innovation

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.

As the leader for reserving metrics relevant to SCOR group under IFRS & Solvency II, the position will own the development of reporting analytics and draw insights to business performance from economic value perspective. The role will work with various stakeholders ensuring the accuracy and integrity of the proper actuarial data, modelling, controls, and governance is kept with regards to financial reporting. 

In addition to the role’s technical leadership responsibilities, the position will offer team leadership both within US Life Finance through the collaborate working with Finance teams as well as strong people leadership and development for team members.

•   Own the development of reporting analytic tools such as leadership dashboard on the projection of technical cashflow projection and BI illustration of how actuals are emerging
•   Lead the development reporting tools to help deepen the understanding of enture suite of reserving metrics under IFRS17 (CSM and RA) and Solvency II (Own fund walk, Sovlency 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
•   Create and maintain 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 efficienc
•   Act as Financial Development Partner by recommending and working closely on model and process development improvements and enhancements for actuarial reporting
•   Serve as the direct liaison with group and business unit functions for Group reporting topics
•   Share in the development of a team of actuaries, with a particular focus on mentoring a strong group of emerging leaders across the department
•   Act as key resource for new developments in reserving issues, methods, and regulations 
•   Participate in the development and implementation of company-wide strategic initiatives and special assignments as required.

 

• Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, Economics or related field with demonstrated record of academic excellence
• Fellow of the Society of Actuaries (FSA) designation (or equivalent)
• Must have 5+ years proven actuarial leadership, management experience, and experience with financial valuation, modeling, cash flow analysis in the insurance or reinsurance industry
• Expérience with BI and analytics tools, e.g. Tableau preferred
• Strong knowledge of economic value reporting and analysis within the industry.
• Experience managing projects and effectively representing department at various meetings
• Demonstrated ability to work as a collaborative team member in an intellectually vibrant and commercially sophisticated environment
• Ability to work in a fast-paced, dynamic environment, maintaining an agile mindset.
• Experience mentoring and developing team members
• Strong organizational & planning skills with ability to meet multiple competing deliverables and manage projects
• Ability to build & maintain relationships with a diverse group of colleagues throughout the SCOR Group
• Demonstrated ability to understand complex models and perform valuation, modeling, and analysis to deliver required results
• Demonstrated ability to identify and implement departmental processes and controls and ensure appropriately documented
• Expertise in IFRS, Solvency II (or similar economic value reporting method) preferred
• Strong interpersonal and excellent communication skills, including verbal, written and relationship building.
• Proficient in actuarial software, database, and reporting tools

 

Personal Competencies:

Leadership: Able to lead, manage and motivate a team of actuaries and financial professionals. This includes setting clear goals, priorities, managing team performance, development, and growth, and ensuring a high level of accuracy, productivity, and efficiency. 

Initiative: Ability to work independently, take charge and initiate actions without needing to be micro-directed, managing own workload along with being proactive anticipating opportunities before they arise and taking steps to address them. 

Creativity/Innovation