Associate Actuary - Inforce Optimization
SCOR•Charlotte, NC
•Hybrid
About The Position
Responsible for validating, calibrating, and projecting experience used by the VP, Inforce Management to recommend specific actions to senior management to optimize underperforming treaties. The Inforce Optimization Department is a dynamic, collaborate, evolving department that provides opportunities to work on joint actions and independent work assignments.
Requirements
- ASA/FSA designation preferred. ASA level encouraged to participate in the Actuarial Student Program until FSA is obtained.
- At least 3-5 years of life insurance actuarial experience (reinsurance experience a plus)
- BA/BS degree or equivalent in mathematics or actuarial science or related field
- Demonstrated analytical skills with proven track record of strong problem-solving
- Prior Actuarial software experience with demonstrated ability to understand complex models
- High level of computer literacy: strong skills in MS Office, particularly Excel, and proficient in SQL and VBA.
- Highly motivated, curious self-starter
- Ability to work independently and as part of a team
- Ability to understand and consider broad picture while researching details
- Understand pricing, valuation methods, and financial results
- Strong interpersonal and communication skills
- Ability to identify and implement departmental processes and controls and ensure appropriate documentation
- Candidates must have valid authorization to work in the U.S. without the need for employer sponsorship now or in the future.
Nice To Haves
- reinsurance experience a plus
Responsibilities
- Provide timely and accurate actuarial support for actions to be taken by SCOR to optimize its inforce block
- Review treaty terms, assumptions, and pricing files
- Perform premium validations to ensure client companies are paying correct premiums
- Update models that inform inforce analytics
- Clearly communicate project progress and impediments and recommend next steps
- Identify and report actuarial risks as required for the group and legal entity risk dashboards
- Analyze various courses of action on underperforming business that management may consider in selecting the optimal approach
- Assist team in completing ad hoc requests
- Participate in the Actuarial Student Rotation program
- Other duties as required and based on experience level
Benefits
- Relocation assistance within the U.S. is available for this position.
- health insurance coverage
- life and disability insurance
- a retirement saving plan
- paid holidays
- paid time off
- annual bonuses
- short- and long term incentives
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
