Actuarial Reserving Specialist

1 month ago

London, Greater London, United Kingdom SCOR Full time
Job Summary

As an Actuarial Reserving Specialist at SCOR, you will play a key role in supporting the Director, L&H Reserving Innovation, in optimizing, simplifying, and transforming SCOR's Life and Health reserving processes. You will contribute to the IFRS17/Solvency II alignment work, ensuring proposals support local teams to deliver cashflows, AoCs, sensitivities, and analytics efficiently. You will also work closely with L&H Pricing to assess the Pricing/Reserving feedback loop, identify gaps, and opportunities.

Key Responsibilities
  • Support the Director, L&H Reserving Innovation, in providing technical expertise and direction to aid the optimization, simplification, and transformation of SCOR's Life and Health reserving processes.
  • Contribute to the IFRS17/Solvency II alignment work, ensuring proposals support local teams to deliver cashflows, AoCs, sensitivities, and analytics efficiently.
  • Work closely with L&H Pricing to assess the Pricing/Reserving feedback loop, identify gaps, and opportunities.
  • Develop an understanding of reserving processes in all markets.
  • Suggest improvements to processes, consulting on possible approaches, providing expertise, developing prototypes, and examples where relevant.
  • Support L&H Reserving colleagues to upskill in various tools and technologies, particularly providing a pathway for colleagues looking to develop or enhance their Python skills.
Requirements
  • Qualified Actuary (FIA, FSA, or equivalent).
  • Experience building and optimizing actuarial reserving or pricing processes and systems, gained in a Life and Health (re)insurance context.
  • Demonstrated experience streamlining and automating processes, as well as enhancing analytics capability.
  • Expert programming skills in Python and SQL. Experience working with large, complex data sets (actuarial data warehouses). Experience with actuarial projection software such as Prophet and/or NS Mind advantageous.
Personal Competences
  • Enjoys working at pace, in a collaborative and open environment with global teams.
  • Flexible and agile.
  • Proficient at stakeholder management at all levels.
  • Strong technical skill set, passionate about improving processes.
  • Excellent communication and interpersonal skills.
  • Proactive, takes strong ownership, committed to delivery.
  • Interest in career and skill development.

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