Global Reserving Leader for Non-Life Insurance

3 weeks ago


Old Toronto, Canada SCOR Full time

Job Summary

We are seeking a seasoned actuary to lead our non-life insurance reserving processes for SCOR's P&C business. This position is responsible for managing the quarterly and annual reserving processes under various GAAPs, including IFRS 17, for SCOR Canada and SCOR UK, Canadian Branch.

The successful candidate will serve as the Appointed Actuary for these entities, completing annual actuarial opinions and reports in accordance with OSFI, AMF, and CIA guidelines. Additionally, they will collaborate with Underwriting, Claims, Pricing, Capital Modelling, Retrocession, and Risk teams to ensure a robust feedback loop across assigned reserving segments.

Key Responsibilities

  • Serve as Appointed Actuary for SCOR Canada and SCOR UK, Canadian Branch
  • Complete quarterly and annual reserving processes for all Relevant Entities in all GAAPs, with a focus on IFRS 17
  • Liaise with auditors, regulators, peer reviewers, and other stakeholders
  • Collaborate with cross-functional teams to develop and maintain reserving tools, diagnostics, and methodologies
  • Mentor and develop less experienced actuarial talent
  • Participate in strategic or transversal projects as requested

Required Skills and Qualifications

  • Qualified actuary (FCIA preferred) with minimum 12 years of relevant non-life insurance work experience, with at least 6 years of experience in the Canadian market
  • Comprehensive understanding of Canadian regulatory requirements and IFRS 17
  • International insurance experience is a plus

Estimated Salary: $120,000 - $180,000 per year, depending on qualifications and experience. SCOR offers a competitive compensation package, including benefits and opportunities for growth and development.

About SCOR

As a leading global reinsurer, SCOR offers its clients a diversified range of reinsurance and insurance solutions to control and manage risk. We apply 'The Art & Science of Risk' to serve our clients and contribute to the welfare and resilience of society worldwide.

At SCOR, we value our employees and strive to create a collaborative and dynamic work environment. Our common culture is defined by 'The SCOR Way,' which emphasizes integrity, courage, open-mindedness, and collaboration.


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