Financial Solutions is a growing and highly strategic area at SCOR that supports our clients and their goals. This role plays an important part by driving key aspects of the pricing of Fin Sol deals. Someone in this role is knowledgeable about the use of reinsurance to solve client problems, has deep product knowledge of various products, including term and permanent products (e.g., ULSG, IUL, VUL, etc.), and has past experience developing and/or pricing these types of products from first principles. This role contributes to pricing inforce risk transfer opportunities by owning core modeling and analysis, performing due diligence on product blocks and data, preparing technical content for proposals, and supporting internal review and approval processes. The role requires flexibility, curiosity, and a desire to improve processes along with the ability to exercise sound actuarial judgment in situations with limited data, tight deadlines, and bespoke transaction structures.
As time permits, there will be additional opportunities to contribute to projects related to key company initiatives. This position will be expected to share thought leadership and knowledge within and outside of SCOR as well as across teams to support the development of others and contribute to SCOR's collaborative environment.
Required experience & competencies
At least 7 years of life (re)insurance actuarial experience pricing or developing various products, including term and permanent life products (including ULSG, IUL, etc.), with demonstrated experience in modeling products from first principles.
Proven ability to independently lead complex pricing analyses and serve as a technical reference point for peers. Experience with alternative reinsurance structures such as coinsurance, modco, guaranteed YRT, and liability swaps is a plus.
Handson experience building/running pricing models (e.g., AXIS or Prophet) required.
Working knowledge of US statutory accounting (including PBR) and reinsurance fundamentals.
Knowledge of additional offshore accounting requirements (e.g. Bermuda STAT, IFRS17, etc.) is an asset.
Strong analytical problemsolving skills and documentation discipline; able to communicate technical results to nontechnical stakeholders.
Takes initiative and exhibits a sense of urgency with a focus on results for external and internal clients.
Effective collaborator across offices and functions; comfortable working to deadlines in a high-pressure transactional environment.
Must be able to work effectively independently and as part of a team with readiness to travel on occasion.
Required Education
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, Data Analytics, Finance, Economics, or related areas
- Fellow of the Society of Actuaries (FSA) with current CPD compliance; career ASAs with related direct experience considered.
Relocation assistance within the U.S. is available for this position. Candidates must have valid authorization to work in the U.S. without the need for employer sponsorship now or in the future.
Hybrid Work Policy:
SCOR is committed to an "in-office" culture where people can collaborate, exchange ideas, and establish stronger working relationships while ll 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.
At SCOR, we CARE about clients, people, and societies, and we are committed to placing them at the center of everything we do. Providing great benefit choices to you and your family is just one of the ways we support the physical, financial, and emotional well-being of the people who make our company successful - you.
Benefits We Offer
- Medical, vision, and dental coverage
- 401(k) Plan with a competitive match
- Company-funded Defined Contribution Retirement Program
- Life and AD&D insurance
- Long- and Short-Term Disability
- Flexible Parental Leave
- Unlimited Sick Days
- Volunteer Time
- Summer Fridays
- Learning & Development Resources
- Personal Wellness Tools and Rewards
- Competitively priced gym memberships from a large nationwide network of gym brands and local fitness studios
- And More!
Pay Range for roles performed: 162,500 - 220,000 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.