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Actuary, L&h Reserving Canada

4 weeks ago

Toronto, Canada SCOR Full time

Required characteristics include actuarial and financial background, including (but not limited to) knowledge of valuation and reporting, experience/assumptions analysis, capital guidelines, FCT process, and AXIS software.
- Participate in quarterly valuation processes involving the calculation of technical provisions and the analysis of results
- Participate in various projects and actuarial tasks such as economic evaluation, financial condition testing, determination of regulatory and internal capital requirements, review of actuarial assumptions
- Liaise closely with other stakeholders including local Finance team and local Operations team as needed in support to valuation and reporting, and with Pricing on new business deals and treaty information.
- Contribute to the development and maintenance of valuation models and other actuarial tools
- Support management of data used for actuarial valuation, results analysis and experience studies, as needed
- Support other L&H Reserving initiatives as needed
- Collaborate with all colleagues from SCOR Group to enable achievement of shared goals and objectives
- FSA/FCIA actuary with 7+ years of relevant working experience within the insurance/reinsurance industry
- Knowledge of AXIS software
- Knowledge of VBA, SQL and Python an asset
- Proficiency in the MS Office suite
- Strong analytical skills with strong problem-solving ability
- Well-organized and a self-directed individual who is a team player
- Demonstrated ability to handle priorities / projects concurrently and be deadline driven
- Demonstrated innovation and creativity in proposing new ways of working
- Flourishes working as part of a busy team in a fast-paced environment
- Excellent verbal & written communication skills; proven success communicating effectively across different levels within an organization
- French language proficiency while not a pre-requisite will be considered an asset

SCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Leveraging experience and expertise to deliver “The Art & Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk - from Life & Health and Property & Casualty insurance to Investments. Our specialized teams operate in over 160 countries, fostering long-term relationships with clients.

In order to provide our clients with a broad range of innovative reinsurance solutions, SCOR pursues an underwriting policy that is founded on profitability and supported by effective risk management strategy and a prudent investment policy. This approach allows us to offer clients an optimum level of security, to create value for shareholders, and to contribute to the welfare and resilience of society by helping to protect insureds against the risks they face.

At SCOR, we believe that employing people from different backgrounds and ensuring inclusivity is a major driving force for the success of the Group. We are committed to fostering a work environment in which all employees are treated fairly and respectfully, have equal access to opportunities and resources, and can contribute fully to SCOR’s success.