VP, Actuary - Inforce Optimization

Responsible for information / validation, risk and performance analytics and recommending and presenting specific actions to senior management to optimize our underperforming treaties.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.FSA designation15 years of actuarial experience 10 years of demonstrated management / leadership experience Strong demonstrated communication and collaboration skillsPricing, Valuation and / or inforce experience preferred Strong understanding of industry experience including review and development of actuarial assumptionsExperience working with senior level executives Solid analytical skills and financial acumen with strong problem solving abilityAbility to understand broad picture with an ability to research and understand the      detailsHighly motivated self-starter and ability to work independently and as part of a teamStrong understanding of pricing, valuation methods and financial resultsStrong interpersonal and communication skills Ability to understand complex modelsAbility to identify and implement departmental processes and controls and ensure appropriate documentationSupport the management development of a team of actuariesIdentify, recommend and support actions to be taken by SCOR to optimize its inforce blockReview treaty language, pricing methods and assumptions, and valuation methods and assumptionsRegularly review and as appropriate update models that support inforce and risk performance analyticsIdentify and report actuarial risks as required for the group and legal entity risk dashboardsRecommend various courses of action on underperforming business that management needs to consider in selecting the optimal approachPresent recommendations to senior management as part of governance process while ensuring the accuracy and validity of information that is presentedMake suggestions on areas of improvementWork with team Head of Inforce Management to completing ad hoc requestsEffectively 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 finishOther duties as requiredPosting Date : 2024-07-18