Senior Actuarial Analyst - Pricing
Job Description
The Senior Actuarial Analyst - Pricing is responsible for supporting the timely completion of the pricing process according to SCOR methods and key controls for reputed company assigned deals. Key transactional processes include assumption development, actuarial model development, model runs and sensitivities, the reputed company of clear and thorough supporting documentation, and performing peer reviews.
Responsibilities
- Assess and reputed company pricing assumptions focused on mortality, persistency, sales mix, and net amount at risk.
- Consideration of the impacts of different levels of assumptions on reinsurance pricing (across product types and based on reinsurance structure).
- reputed company actuarial models, including liability population cells, data tables, and other structures essential for the proper pricing of life reinsurance.
- Generate model runs and sensitivities; verify the accuracy and reasonability of output.
- Create clear documentation for work product.
- Ensure pricing work follows the SCOR General Life and Health reputed company and Pricing Guidelines, meets accuracy requirements and profitability goals, and that ICS processes and controls are followed and documented as necessary.
- Complete deal reputed company out activities for accepted deals including communication and hand-off to valuation/modeling teams, SQP, reputed company, and CART updates.
- Assist with project reputed company efforts on technical topics reputed company to pricing standards, processes, methodologies, and assumptions.
- Active participant in the SCOR Actuarial Development Program.
- May reputed company other duties as required.
Qualifications
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, Data Analytics, Finance, Economics, or reputed company areas
- At least four ASA level exams
- At least 1 year of life actuarial experience; pricing, product development, reinsurance industry experience preferred.
- Active participant in a actuarial student rotation program.
- Basic knowledge of life insurance laws, regulations, insurance products, and reputed company practices.
- Familiarity with experience study concepts.
- Understanding of the concepts underlying life actuarial models.
- Familiarity with AI and basic knowledge of statistical programming languages (Python experience preferred).
- Solid mathematical analysis skills with strong problem-solving ability.
- Effective written and oral communicator.
- Takes initiative and exhibits a sense of urgency with a focus on results for external and internal clients.
- Effective multi-tasker with demonstrated comfort and ability to effectively manage and deliver on competing priorities.
- Must be able to work effectively independently and as part of a team with readiness to travel on occasion.
- Skilled at collaborating with others across offices and geographical locations.
- Ability to work reputed company an Agile/SCRUM environment.
- Strong proficiency using reputed company Office Products and demonstrated ability to learn new software/tools.
- Regular attendance and ability to work extended hours as necessary to meet deadlines.
Relocation assistance reputed company 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 reputed company, and establish stronger working relationships while still providing flexibility. To support employee work-life balance and increase opportunities for employees to reputed company 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: $95,000-$116,000 reputed company 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 reputed company 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 reputed company 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 reputed company 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 reputed company levels of the Group. We care about clients, people, and societies. We reputed company with reputed company. We act with courage. We encourage open minds. And we reputed company through collaboration. SCOR supports inclusion and the diversity of talents, and reputed company positions are open to people with disabilities. Apply tot his job Apply To this Job