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About the Role
The Senior Actuarial Analyst supports the pricing of RFPs across various lines of business, focusing on experience studies, assumption development, model development, and R&D. This role also involves supporting client initiatives, data analytics, and cross-functional projects with teams like Reserving, Operations, Underwriting, and Global Pricing.
Responsibilities
- Work with the Actuarial Pricing Team to deliver quality and timely priced RFPs/quotes.
- Develop actuarial models in AXIS or R, including necessary structures for business pricing.
- Generate cashflow projections and provide analysis to Pricing Actuarial staff.
- Research and develop bases, including incidence/mortality rates and trend assumptions.
- Present and liaise with clients to facilitate front office activities and business development.
- Ensure necessary information is provided to Assumption Review Committee and Business Review.
- Collaborate with Corporate Actuarial staff to improve data modeling, inforce management, valuation numbers, and hand-off controls.
- Continuously enhance processes and tools.
- Assist on various business initiatives.
- Prepare data documentation packages.
- Perform other duties as required.
Requirements
- Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, Economics or related field with a demonstrated record of academic excellence.
- Experience relevant to the Pricing function.
- Completed 4+ SOA exams with steady progression towards ASA/FSA designation.
- Knowledge of computer programming or analytical software.
- Solid mathematical analysis skills with strong problem-solving ability.
- Excellent verbal & written communication skills.
- Highly motivated and a self-starter.
- Ability to work effectively independently and as part of a team.
- Proficiency in typically-used life insurance software (AXIS, Excel, Access, etc.).
- Preferable to have strong computer skills including R, Python, Azure DevOps.
- French language is an asset.
- Must have valid authorization to work in the U.S. without the need for employer sponsorship now or in the future.
Skills
- AXIS
- Excel
- Access
- R
- Python
- Azure DevOps
Location
- U.S.
Work Type
- Hybrid
Experience Level
- Senior
Education Level
- Bachelor's Degree
Salary/Compensations
- $105,967-$129,515 base salary per year (for Toronto roles)
Benefits
- Medical, vision, and dental coverage
- 401(k) Plan with a competitive match
- Company-funded Defined Contribution Retirement Program
- Life and AD&D insurance
- Long- and Short-Term Disability
- Flexible Parental Leave
- Unlimited Sick Days
- Volunteer Time
- Summer Fridays
- Learning & Development Resources
- Personal Wellness Tools and Rewards
- Competitively priced gym memberships
- Annual bonuses
- Short- and long-term incentives
- Health insurance coverage
- Life and disability insurance
- Retirement saving plan
- Paid holidays
- Paid time off
About the Company
- As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk.
- Applying “The Art & Science of Risk,” SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.
- Working at SCOR means engaging with some of the best minds in the industry – actuaries, data scientists, underwriters, risk modelers, engineers, and many others – as we work together to find solutions to pressing challenges facing societies.
- The SCOR Way is anchored by five core values: We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.
Equal Opportunity
- SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.