The Associate Actuary, US Reporting & Analysis, will support the timely and accurate of the quarterly US regulatory reporting, Annual Financial Audits and annual Appointed Actuary supports. The role will focus on US Statutory, US GAAP, and US Tax reporting, ensuring high-quality analyses and strong collaboration across actuarial and finance teams.
Responsibilities
- Support the timely and accurate preparation for all SCOR US Life actuarial reporting and analysis for US Statutory, US GAAP, and US Tax
- Assist in reviewing and analyzing results to identify key drivers, trends and insights for management and stakeholder reporting
- Provide support for the US STAT and US GAAP portion of the annual financial audits with our external auditors and quinquennial audits with our State regulators
- Contribute to the preparation of the annual Appointed Actuary filings, including Actuarial Opinions and Certifications for asset adequacy analysis, Principle-Based Reserve analysis, X factor analysis and preferred mortality analysis
- Perform detailed reconciliations and validations to ensure controls, documentation and audit trails are properly maintained across valuation processes
- Provide support on other regulatory reserve and collateral reporting topics related to US driven business initiatives such as legal entity optimization and capital & liquidity emergence
- Participate in projects and initiatives for new developments in reserving issues, methods, and regulations
- Participate in the development and implementation of company-wide strategic initiatives and special assignments as required.
Qualifications
- Associateship of the Society of Actuaries (ASA) designation or equivalent
- Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field with demonstrated record of academic excellence
- Proven experience with financial valuation, modeling, cash flow analysis in the insurance or reinsurance industry
- Knowledge of US Statutory and US GAAP reporting and analysis within the industry.
- Demonstrated ability to work as a collaborative team member in an intellectually vibrant and commercially sophisticated environment
- Ability to work in a fast-paced, dynamic environment, maintaining an agile mindset.
- Strong organizational & planning skills with ability to meet multiple competing deliverables and manage projects
- Ability to build & maintain relationships with a diverse group of colleagues throughout the SCOR Group
- Demonstrated ability to understand complex models and perform valuation, modeling, and analysis to deliver required results
- Demonstrated ability to identify and implement departmental processes and controls and ensure appropriately documented
- Strong interpersonal and excellent communication skills, including verbal, written and relationship building.
- Proficient in actuarial software, database, and reporting tools
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 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.
Pay Range for roles performed in NC: $100,000-$123,000 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.
SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.
Working at
Scor
SCOR is a leading global reinsurer with a rich heritage spanning several decades. With a strong presence in more than 160 countries, SCOR provides risk management and reinsurance solutions to clients worldwide. As an actuary at SCOR, you'll be part of a highly skilled team that plays a critical role in assessing and managing risks. Actuaries at SCOR utilize their expertise in statistical modeling, data analysis, and risk assessment to evaluate risks, develop pricing strategies, and ensure the financial stability of the company's reinsurance portfolio. Collaborating with cross-functional teams, actuaries at SCOR contribute their insights and analyses to support informed decision-making. Actuaries analyze complex data sets, assess risks, and provide valuable recommendations to help clients manage and mitigate their exposure. SCOR values professional growth and provides actuaries with ongoing training and development opportunities. Actuaries have the chance to enhance their skills, stay at the forefront of industry advancements, and contribute to the success of the company. Join SCOR's esteemed actuarial team and embark on a rewarding career where you can apply your actuarial expertise, make a significant impact on managing global risks, and enjoy competitive benefits in a collaborative and dynamic work environment.