Reserving Actuary

il y a 3 semaines

Paris, France SCOR Temps plein

The core function of Group P&C Reserving Department is to provide an independent assurance on SCOR Group IFRS 17 and SII reserves. This includes independent reviews, peer reviews, validation of model changes, validation, and calibration of P&C reserving input to internal model. This includes too an effective communication of results to the various stakeholders, including Board, General management, external auditors, regulators.

The department is in charge of defining overarching governance in term of methodology, standards and guidelines.

The Department supports the Actuarial Function holder in the production of the Actuarial Function Report and other related documents and reports, for both Group and local entities.

**Key duties and responsibilities**

Within Group P&C Reserving department:

- You analyze and validate on a quarterly basis the reserve level of the segments you are in charge of. You present and support your arguments to your management and to the Group Chief Actuary. This entails a detailed and documented analysis covering the assumptions selected and the models used
- You ensure that the reserves of the segments under your review are assessed using adequate methods in a consistent way.
- You improve, innovate and develop your own analysis, methods, process and tools when assessing your segments’ reserve adequacy.
- You participate to the production of the Actuarial Function report, by taking the lead or supporting the following actions
- conduct specific studies (sensitivity tests, back-testing of ultimate loss ratios) on the Group Non-Life Solvency 2 Technical Provisions (BEL and Risk Margin).
- Provide an opinion on the underwriting policy (including a review of the UW referrals, UW and pricing guidelines, backtesting of pricing loss ratios, comparison between reserving and pricing assumptions)
- Provide an opinion on the effectiveness of retrocession arrangements
- Analyse the outputs of the risk appetite framework on a P&C perspective in collaboration with the Group Risk Coverage team.
- All the tasks above imply exchanges with UW, pricing, retrocession senior management and you’ll work closely with the Group Chief Actuary.
- Follow
- up previous Group Actuarial Function recommendations and propose to the Group Chief Actuary new recommendations.
- Prepare presentations to the P&C Group Senior management as well as Group Audit committee.
- Coordinate all Actuarial Function tasks and develop synergies with legal entities Actuarial Function teams (UK, SCOR SE, SGRI and SI).
- You participate in the Group Internal Model independent validation, especially by reviewing development patterns and Coefficient of Variation for reserves. You develop the capacity to present the validation results to the Validation Advisory Committee in the framework of the overall internal model validation process.
- You participate in Group specific analysis and investigations. This includes but not limited to, analysis of volatility, review of estimations of mean time to payment and payout and incurred patterns provided by the local reserving teams. You participate in developing and improving tools and methods used to conduct these studies.
- You participate in developing and consistently improving communication channels and tools. This can be achieved via specific visualization tools. You can take the lead on corresponding projects.
- You participate in developing and consistently improving reserving tools and methods. You are able to take the lead on corresponding projects.
- On demand, you participate to ad hoc studies on special deals (LPT, alternative solutions deals, etc).

**Required experience & competencies**

**Experience**:
ideally 7 to 15 years of experience in pricing or reserving in an actuarial department of an insurance, reinsurance, or consulting company.

**Personal Competences**:

- Strong knowledge of reinsurance
- Strong knowledge of Non-Life Reserving techniques
- Strong communication skills - written and oral.
- Persuasion and argumentation skills to be able to present and support your findings to diverse stakeholders.
- Excellent analytical skills with the ability to understand numbers and analyze drivers of changes in results
- Good social skills required, enjoys working in a team environment.
- Proactive with a solution-oriented approach
- Enjoys sharing knowledge.
- Strong knowledge of finance and accounting (IFRS 17).
- Computer skills
- Good Microsoft office skills in particular Excel and Word.
- Knowledge of ResQ ©
- Good proficiency R or Python.
- Persuasion and argumentation skills to be able to present and support your findings to diverse stakeholders.
- Excellent analytical skills with the ability to understand numbers and analyze drivers of changes in results
- Good social skills required, enjoys working in a team environment.
- Proactive with a solution-oriented approach
- Enjoys sharing knowledge.
- Strong knowledge of finance and accounting (IFRS 17).
- Computer skills

  • Reserving Actuary

    il y a 1 semaine

    Paris, Île-de-France Wakam Temps plein

    Who are we?Wakam is a B2B2C insurance company that creates white-label insurance solutions via its Play&Plug technology platform for more than 150 distribution partners. We provide most of our insurance products through API, and hosts white label insurance solutions via our Play&Plug technology platform.With a footprint spanning 32 countries and revenue of...

  • P&C Reserving Central Actuary

    il y a 1 mois

    Paris, France SCOR Temps plein

    Support on several of the key mandates of the departments including: - reserving and resilience strategy - quarterly closing activities coordination, - quarterly performance analysis for Finance and P&C top management, - feedback loop with P&C stakeholders, - simplification and automation of Reserving processes. As part of SCOR’s Reserving and...

  • Group P&C Senior Reserving Actuary

    il y a 1 mois

    Paris, France SCOR Temps plein

    Within SCOR's Group Actuarial Department the P&C Reserving team supports the activity of the Group Chief Actuary.You will support the Head of Group P&C Reserving Department in their core function of providing an independent assurance on SCOR Group IFRS 17 and SII reserves adequacy. This includes independent reserving review, validation of model changes,...

  • Reserving Actuary

    il y a 1 semaine

    Paris, France Wakam Temps plein

    Who are we?Wakam is a B2B2C insurance company that creates white-label insurance solutions via its Play&Plug® technology platform for more than 150 distribution partners. We provide most of our insurance products through API, and hosts white label insurance solutions via our Play&Plug technology platform.With a footprint spanning 32 countries and revenue of...

  • Reserving Second Opinion Actuary

    il y a 4 semaines

    Paris, France AXA XL Temps plein

    This position is part of the AXA XL Risk Management team which is organized in several Centers of Excellence (Actuarial Risk, Underwriting Risk, Risk Governance and Control, Financial and Market Risk and Catastrophe Risk). This role is part of the Reserving team of the Actuarial Risk Center of Excellence, and based in the US. The Risk Management team is a...

  • Reserving Second Opinion Actuary

    il y a 4 semaines

    Paris, Île-de-France AXA XL Temps plein

    This position is part of the AXA XL Risk Management team which is organized in several Centers of Excellence (Actuarial Risk, Underwriting Risk, Risk Governance and Control, Financial and Market Risk and Catastrophe Risk). This role is part of the Reserving team of the Actuarial Risk Center of Excellence, and based in the US. The Risk Management team is a...

  • WELA Head of L&H Reserving

    il y a 6 heures

    Paris, France SCOR Temps plein

    The role will be responsible to lead the local team of reserving actuaries, building a high-performing, expert and efficient WELA reserving team who deliver quality timely analytics and business insights. You will work closely with the other Finance functions as well as the other actuarial teams in the Group, and You will develop and organize the...

  • Longevity Reserving Actuary

    il y a 1 mois

    Paris 17e, France PartnerRe Temps plein

    Company Description PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world. Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with...

  • Actuary Corporate Actuarial

    il y a 1 mois

    Paris, Île-de-France AXA XL Temps plein

    Actuary, Corporate Actuarial (IFRS17 and corporate reserving activities) Paris The role is for a Corporate Actuary within the AXA XL Actuarial Corporate Reserving team. The Corporate team is overlooking and consolidating AXA XL division reserves, for reporting into AXA Group and AXA XL division regulator in Bermuda. The team is located in several...

  • Longevity Reserving Actuary

    il y a 4 semaines

    Paris 17e, France PartnerRe Temps plein

    Company Description PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world. Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with...

  • GMDB Valuation Actuary

    il y a 1 mois

    Paris, Île-de-France PartnerRe Temps plein

    Company DescriptionPartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with...

  • GMDB Valuation Actuary

    il y a 1 mois

    Paris, France PartnerRe Temps plein

    Company DescriptionPartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with...

  • Internal Auditor Actuary

    il y a 4 jours

    Paris, France AXA Group Temps plein

    Internal Audit Actuary France – Paris, UK – London, USA - Hartford or Stamford CT In this role, you will support and influencing AXA XL Internal Audit actuarial team on actuarial audit matters issues. You will support the audit teams in deliveringchallenging but fair messages and insights constructively and with empathy within a political, complex...

  • actuary, corporate actuarial

    il y a 1 mois

    Paris, Île-de-France AXA Group Temps plein

    ACTUARY, CORPORATE ACTUARIAL (IFRS17 and corporate reserving activities)PariThe role is for a Corporate Actuary within the AXA XL Actuarial Corporate Reserving team.The Corporate team is overlooking and consolidating AXA XL division reserves, for reporting into AXA Group and AXA XL division regulator in Bermuda. The team is located in several geographies:...

  • Actuaire Reserving Non-vie

    il y a 1 mois

    Paris, Île-de-France AXA Group Temps plein

    ACTUAIRE RESERVING NON VIEParisCe poste est rattaché à l'équipe Actuarial Corporate Reserving d'AXA XL.L'équipe Corporate supervise et consolide les réserves de la division AXA XL, pour le reporting au Groupe AXA et au régulateur de la division AXA XL aux Bermudes. L'équipe est répartie sur plusieurs sites géographiques : Paris, Londres, New...

  • L&h (Senior) Pricing Actuary - French Market - Emela

    il y a 1 mois

    Paris 17e, France PartnerRe Temps plein

    Company Description PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world. Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with...

  • L&H Senior Pricing Actuary

    il y a 1 jour

    Paris, Île-de-France PartnerRe Temps plein

    Company DescriptionPartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with...

  • Internal Auditor Actuary

    il y a 3 jours

    Paris, France AXA XL Temps plein

    Internal Audit Actuary France - Paris, UK - London, USA - Hartford or Stamford CT In this role, you will support and influencing AXA XL Internal Audit actuarial team on actuarial audit matters issues. You will support the audit teams in delivering challenging but fair messages and insights constructively and with empathy within a political, complex and...

  • Internal Auditor Actuary

    il y a 3 jours

    Paris, France AXA XL Temps plein

    Internal Audit Actuary France - Paris, UK - London, USA - Hartford or Stamford CT In this role, you will support and influencing AXA XL Internal Audit actuarial team on actuarial audit matters issues. You will support the audit teams in delivering challenging but fair messages and insights constructively and with empathy within a political, complex and...

  • Internal Auditor Actuary

    il y a 3 jours

    Paris, Île-de-France AXA XL Temps plein

    Internal Audit Actuary France - Paris, UK - London, USA - Hartford or Stamford CT In this role, you will support and influencing AXA XL Internal Audit actuarial team on actuarial audit matters issues. You will support the audit teams in delivering challenging but fair messages and insights constructively and with empathy within a political, complex and...