Actuarial Analyst (L&H Reserving)

Job Description

As a member of the Canada Life & Health Reserving team, the successful candidate will participate in various actuarial tasks of the department. This job represents a great opportunity for a candidate interested in gaining experience in several areas of corporate actuarial/reserving and to grasp the real impact of their work.

This role will gain exposure to a variety of functions, including IFRS17 and Solvency II reporting activities, LICAT reporting and capital management, assumption development, and AXIS modelling initiatives.

Responsibilities

• Quarterly Valuation Processes: Calculate IFRS17 and Solvency II technical provisions and analyze the results.
• LICAT Reporting & Capital Management: Support reporting and capital management activities.
• Assumption Development: Assist in developing actuarial assumptions that drive our business decisions.
• AXIS Modelling Initiatives: Contribute to the development and maintenance of AXIS and other valuation models and tools.
• Reporting and Presentations: Assist with the preparation of reports and presentations for senior management and regulatory bodies.
• Additional Initiatives: Support other L&H Reserving initiatives as needed.

The successful candidate is expected to be an actuarial student with demonstrated relevant experience. Required competencies and skills of the candidate include relevant corporate actuarial/reserving experience, IFRS17 expertise, and AXIS knowledge.

Qualifications

• Bachelor’s Degree in Actuarial Science or related field with a demonstrated record of academic excellence.
• 2-3 years of relevant working experience within the insurance/reinsurance industry, although motivated candidates with the right background and less working experience will be considered.
• Proficiency in actuarial software and programming languages (e.g., Excel, VBA, SQL, Python, SAS, PowerBI).
• Experience with AXIS is considered an asset.
• Strong analytical and problem-solving skills.
• Well-organized and a self-directed individual who is a team player.
• Demonstrated ability to handle priorities/projects concurrently and to deliver.
• Strong verbal & written communication skills.
• French language proficiency, while not a prerequisite, will be considered an asset.

SCOR welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.

Hybrid Work Policy

SCOR is committed to an "in office" culture where people can collaborate, exchange ideas, and establish stronger working relationships while still providing flexibility. To support employee work-life balance and increase opportunities for employees to excel every day, SCOR operates with a hybrid working arrangement. SCOR employees work 3 days per week in an office with the flexibility to work 2 days per week remotely.

About Us

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.

As an international company, our common culture is defined by “The SCOR Way.” Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.