Senior Actuary, US Reporting
Apply NowCompany: Scor
Location: Charlotte, NC 28269
Description:
Job Description
Provide other insights regarding financial results. Provide support to other areas such as accounting, FP&A, and data management. Converse with and support model development team in coding actuarial solutions to regulation changes. Suggest appropriate and auditable controls, reconciliations and documentation are maintained with respect to valuation. Utilize technology to perform job functions more efficiently and to further automate the reserving processes. Share technology solutions with other associates. Complete special assignments and projects for the department.
Responsibilities
Job Responsibilities
Qualifications
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.
SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.
Provide other insights regarding financial results. Provide support to other areas such as accounting, FP&A, and data management. Converse with and support model development team in coding actuarial solutions to regulation changes. Suggest appropriate and auditable controls, reconciliations and documentation are maintained with respect to valuation. Utilize technology to perform job functions more efficiently and to further automate the reserving processes. Share technology solutions with other associates. Complete special assignments and projects for the department.
Responsibilities
Job Responsibilities
Qualifications
- Bachelor's degree or foreign equivalent in Actuarial Science, Mathematics, Statistics or a related field and five (5) years of progressively responsible experience in the job offered or related occupation.
- Performing financial valuation, modeling, and cash flow analysis; assisting in maintaining actuarial modeling systems and suggesting changes to comply with new regulations; utilizing experience calculating US statutory reserves or Canadian GAAP reserves; preparing regulatory filings in accordance with published rules including NAIC Annual Statement and Actuarial Memorandum or Annual Actuarial Report and Minimum Continuing Capital and Surplus Requirements
- Analyzing impact of assumption changes on relevant metrics including reserve adequacy, profitability metric (net income and return of equity), capital requirements, assumption sensitivity analysis, cash flow projection, and communicating results to stakeholders
- Supporting internal and external audits reviewing actuarial assumptions on financial reporting and valuation processes.
- Must be a Fellow of the Society of Actuaries.
- Telecommuting and/or working from home may be permissible pursuant to company policies. When not telecommuting, must report to work site.
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.
SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.