What are the responsibilities and job description for the VP - Sr Risk Actuary position at SCOR?
Job Description
Short Summary
A key leadership role within the US & Canada L&H Risk Management team. You will support the CRO L&H - US & Canada in developing and strengthening the team's position as a trusted, credible business partner with a seat at the table for key business decisions and strategic initiatives - demonstrating an in-depth knowledge of how Risk contributes to the business, and a good understanding of the commercial environment / market to achieve this. Together with the CRO L&H - US & Canada, you will provide Risk input, review, and challenge of the US & Canada L&H strategy. You will lead key Risk and Actuarial reviews, risk reporting, and support the development and reporting of timely and effective KRIs for the L&H business - coordinating work within the team, providing mentorship, and contributing to the technical direction of the team. You will also have opportunity to play a key role in the production of key inputs and reports for Group committees, particularly those relating to the US mortality business, coordinating work and providing mentorship of more junior members of the team also involved in this work. The position will involve interaction with senior stakeholders in the Life business in the US and Canada, with the SI Risk team, and with the global Risk team.
Responsibilities
Job Summary
- Leadership role within the US & Canada L&H Risk Management team - supporting provision of independent risk oversight of all US & Canada L&H risk-taking activities, embedding a strong risk management culture across the organisation, and for providing advice, risk insights, and risk opinions to the company (the Board, CEO US, and US L&H Senior Leadership Team) to support strong and effective risk management
- Together with the CRO L&H - US & Canada, provide Risk input, review, and challenge of the US & Canada L&H strategy. Demonstrate and leverage an in-depth knowledge of how Risk contributes to the business, and a good understanding of the commercial environment / market to achieve this
- Lead risk and actuarial reviews, identifying and independently assessing risks to SCOR's business
- Development and reporting of timely and effective KRIs for the L&H business - e.g. claims experience, management actions
- Help coordinate work within the team, provide mentorship, and contribute to the technical direction of the team
- Lead or actively participate in Own Risk and Solvency Assessment (ORSA) work, risk reporting, including quarterly risk dashboard reporting, and ad hoc analysis
- Supporting US & Canada L&H projects from a Risk Management perspective
- Supporting the activities of SCOR's Group Risk Management function - e.g. contributing to Group Risk Management initiatives, provision of inputs for Group Risk Dashboard, leading preparation of US mortality papers and analyses for Group Committees, etc. Coordinate work and provide mentorship of more junior members of the team also involved in this work
You will have the opportunity to assist in researching risks and projecting possible impacts on SCOR in the US and Canada, as well as globally. Through regular interviews with key stakeholders and data analysis, you will monitor identified business risks and mitigation actions.
Qualifications
Key duties and responsibilities
Required experience & competencies
Pay Range for roles performed in North Carolina : $161,000 - $218,000 base salary per year. Actual salaries may vary based on various factors including but not limited to location, experience, role and performance. The range listed is just one component of SCOR's total compensation package for employees. Other rewards may include annual bonuses, short- and long-term incentives. In addition, we provide a variety of benefits to employees, including health insurance coverage, life and disability insurance, a retirement saving plan, paid holidays and paid time off."
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.
Salary : $161,000 - $218,000
