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Actuarial Analyst - Longevity Inforce

On-site in London·Added 2 days ago (last checked 21 Oct)

SCOR

Company

Overview

Skills

Requirements

  Experience: 

  • Good progress with actuarial exams since leaving University
  • Strong numerical experience
  • Life insurance/pensions/reinsurance/consultancy experience

Necessary Skills

  • Ability to problem solve
  • Strong data analysis skills
  • Excellent communication (written and oral)
  • Professional and confident presence

Digital Competencies

  • Computer literacy with special focus on Microsoft Word (Intermediate), PowerPoint (Intermediate) and Excel (Intermediate - familiarity of formulas such as “IF”, “VLOOKUP”, “INDEX”, “MATCH”, “SUMPRODUCT”, “MEDIAN”, “YEARFRAC”)

The role

This role is for an actuarial analyst and is an exciting opportunity to join a strong and established team providing Longevity Reinsurance to the UK and international market. With an experienced leadership team and bold ambitions to grow, supported by executive level management, the right candidate will see significant opportunity to progress their career within this exciting segment of the life industry.

The Actuarial Analyst will be exposed to a wide range of tasks across the whole team including:

  • Assisting the Administration teams in reconciling and troubleshooting the more complex aspects of the regular accounts.

  • Assisting in modelling the inforce blocks of business

  • Understanding, building and adaption of complex macro-driven premium and annuity claims calculation tools

  • Understanding and use of Excel tools that determine the current collateral exposures of SCOR and clients under the terms of the swaps

  • Inforce analyses of inforce deals for the purpose of setting future valuation assumptions, refining future pricing bases and spotting potential treaty breaches and irregularities.

  • Produce Management Information (MI) and Key Performance Indicators (KPIs) on the in-force business

  • Building and automating the in-force management processes

  • Standardise and modernise the in-force management processes and tools

  • Develop and maintain a good understanding of the risks of longevity business

  • Support the Longevity Account Managers in resolving issues with clients in a constructive manner, valuing the importance of our long-term relationships
  • Building relationships across the inforce community of our market

Experience

  • Good progress with actuarial exams since leaving University
  • Strong numerical experience
  • Life insurance/pensions/reinsurance/consultancy experience

Necessary Skills

  • Ability to problem solve
  • Strong data analysis skills
  • Excellent communication (written and oral)
  • Professional and confident presence

Digital Competencies

  • Computer literacy with special focus on Microsoft Word (Intermediate), PowerPoint (Intermediate) and Excel (Intermediate - familiarity of formulas such as "IF", "VLOOKUP", "INDEX", "MATCH", "SUMPRODUCT", "MEDIAN", "YEARFRAC")
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