Associate Actuary
SCOR
Montréal, QC
Americas
Montreal Canada (CA)

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Associate Actuary

Permanent

Actuarial

About SCOR
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. Using its experience and expertise, “ The Art & Science of Risk ”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – in Life & Health insurance as well as in P&C insurance. Our specialist teams operate in over 120 countries, developing value added and innovative products and services and making long-term commitments to their clients, namely insurers and large corporations.
SCOR's aim, as an independent global reinsurance company, is to develop its Life and P&C business lines, to provide its clients with a broad range of innovative reinsurance solutions and to pursue an underwriting policy founded on profitability, supported by effective risk management and a prudent investment policy, in order to offer its clients an optimum level of security, to create value for its shareholders, and to contribute to the welfare and resilience of Society by helping to protect insureds against the risks they face.

Job Summary

The Associate Actuary takes the mathematical assumption data prepared by the Pricing Actuary and creates an actuarial numeric model that is used to price deals for clients. He or she will help prepare the documentation for the Business Review meeting .

Key duties and responsibilities

Work with Actuarial Pricing Team to deliver a quality and timely priced product to meet SGL and customer needs.
Create and/or populate actuarial numeric data models, including liability population cells / data tables / other structures needed to properly price business.
Generate data model runs and provide initial mathematical analysis of results to Pricing Actuarial staff.
Prepare data documentation package.
Work with Marketing Actuaries, Operations, and Pricing Actuary to ensure that they have all information required for Data Assumption Review Committee and Business Review.
Work with Corporate Actuarial staff and counterparts to continually improve data modeling, establishing valuation numbers, and hand off controls.
Continue ongoing enhancements to performance management capabilities.
Assist on various projects involving Life Solutions initiatives as they arise.
May perform other duties as required.

Required experience & competencies

Experience:
2+ year’s experience relevant to Pricing function
Must have complete the ASA requirements and have knowledge of computer programming or analytical software.
Will participate in Actuarial Student Program until FSA is obtained.
Solid mathematical analysis skills with strong problem solving ability.
Excellent verbal & written communication skills.
Highly motivated/self-starter.
Must be able to work effectively independently & as part of a team.
Proficiency in windows-based software (Excel, Access, etc.)
Regular attendance and ability to work extended hours as necessary to meet deadlines.
Strong computer skills including learning new software and Microsoft Office Products.

Please contact your HR team should you have any question.