P&C Reserving Central Actuary

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 Economic/Capital Performance department, the team manages and oversees the worldwide P&C Reserving activities in all its dimensions (reserving strategy, quarterly reserving performance, regulation and compliance, feedback loop and business performance, modelling, data and tooling) as well as contributes to trans functional activities.

The team works very closely with the rest of the Economic and Capital performance functions, the other finance departments (Finance and Reporting, Liquidity, Investors relations), Group Actuarial as well as P&C Business functions (Pricing and Modelling, Claims, Underwriting).

You will be expected to provide strong reserving and financial expertise to a wide range of business performance, actuarial, financial, and regulatory activities.

The role will require an agile and collaborate mindset and excellent communication skills.

Under the management of the Head of P&C Reserving. You will contribute to and support the following activities:

- Support the P&C Reserving strategy consistently with group’s strategic objectives and priorities, contribute to the short and medium-term reserving options from resilience management and data/actuarial/regulatory perspectives.
- Support the quarterly reserving performance analysis (Actual versus plan, Actual versus Expected, analysis of change) in coordination with local Reserving.
- Support regulatory compliance activities at Group level (Regulatory bodies, auditors) and well as comitology and reporting with/to senior management.
- Support the design and monitoring of the P&C feedback loop notably on the alignment between P&C functions (Pricing and Modelling, Underwriting, Underwriting management, Middle office) and business performance steering/monitoring activities.
- Be instrumental in the P&C Reserving community activity coordination (Knowledge, training, transversal projects, modelling)
- Support the transversal data and modelling automation/simplification/ modernization initiatives.
- Participate to strategic or transversal projects.

Establish strong relationships within the department (Reserving and Economic/Capital Performance) as well as Finance and Reporting, Liquidity, Investors Relations teams, Group Actuarial team and the P&C Business Unit teams (Pricing and Modelling, Underwriting, claims).

**Experience**:

- Minimum 7 years as an actuary with a P&C background preferably in a (re) insurance area
- Good level of regulatory finance
- Good level of English required
- Knowledges: training, transversal projects, modelling required
- Reserving experience is not essential but a definite advantage.

**Personal Competencies**:

- Innovative, inquisitive, and creative
- Organisational skills and ability to meet deadlines.
- Proven ability to be able to work on own, and closely within a team structure.
- Results driven and passion for quality.
- Excellent interpersonal skills
- Very strong communication skills, both verbal and written

**Soft skills**:
**Digital Competencies**:
Expertise with IT tools: Python, R, Power BI, ResQ.

SCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Leveraging experience and expertise to deliver “The Art & Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk - from Life & Health and Property & Casualty insurance to Investments. Our specialized teams operate in over 160 countries, fostering long-term relationships with clients.

In order to provide our clients with a broad range of innovative reinsurance solutions, SCOR pursues an underwriting policy that is founded on profitability and supported by effective risk management strategy and a prudent investment policy. This approach allows us to offer clients an optimum level of security, to create value for shareholders, and to contribute to the welfare and resilience of society by helping to protect insureds against the risks they face.

At SCOR, we believe that employing people from different backgrounds and ensuring inclusivity is a major driving force for the success of the Group. We are committed to fostering a work environment in which all employees are treated fairly and respectfully, have equal access to opportunities and resources, and can contribute fully to SCOR’s success.