Associate Actuary, Inforce Optimization

Job description

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. 

The Inforce Optimization Department is a dynamic, collaborate, evolving department that provides opportunities to work on joint actions and independent work assignments. 

·  ASA/FSA designation preferred.  ASA level encouraged to participate in the Actuarial Student Program until FSA is obtained.
·  At least 3-5 years of life insurance actuarial experience (reinsurance experience a plus)
·  Demonstrated analytical skills with proven track record of strong problem-solving
·  Prior Actuarial software experience with demonstrated ability to understand complex models
·  High level of computer literacy: strong skills in MS Office, particularly Excel, and ability to learn MS Access, SQL, and VBA.
·  Highly motivated self-starter 
·  Ability to work independently and as part of a team
·  Ability to understand and consider broad picture while researching details
·  Understand pricing, valuation methods, and financial results
·  Strong interpersonal and communication skills 
·  Ability to identify and implement departmental processes and controls and ensure appropriate documentation
·  Provide timely and accurate actuarial support for actions to be taken by SCOR to optimize its inforce block
·  Review treaty terms, assumptions, and pricing files
·  Perform premium validations to ensure client companies are paying correct premiums
·  Update models that inform inforce analytics
·  Clearly communicate project progress and impediments and recommend next steps
·  Identify and report actuarial risks as required for the group and legal entity risk dashboards
·  Analyze various courses of action on underperforming business that management may consider in selecting the optimal approach
·  Assist team in completing ad hoc requests
·  Other duties as required and based on experience level