This role provides support to the financial reporting of the Australia and New Zealand portfolio on the group's IFRS17 basis.
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.
Job Summary
This role provides support to the financial reporting of the Australia and New Zealand portfolio on the group's IFRS17 basis.
The position is permanent full-time based in Sydney.
Financial Reporting
Support the quarterly closing actuarial financial reporting of the Australia and NZ business
Calculate liabilities and impacts of assumption, model changes and sensitivities
Prepare data for processing by valuation models, including retrieving, profiling, cleansing, reconciling, transforming and validating data sets
Analyse data by writing and running SQL or Python programs
Prophet Modelling
Setup and run Prophet cashflow projection models
Perform user acceptance testing of model changes as required
Quality Assurance and Business Process Optimisation
Assess reasonableness of projections and financial results
Validate data quality in SCOR reserving systems
Execute controls in the valuation process
Respond to internal / external reviewers and auditors
Optimise business processes through review of existing processes, redesign and implementation using automation, standardisation, and controls
Connect with SCOR's Asia-Pacific actuarial community to share knowledge and actively search for opportunities to continually improve processes
Undertake specific projects and ad hoc activities
Experience
Completed university degree in actuarial science, mathematics, statistics, economics, finance or related field with a strong quantitative orientation
Currently undertaking examinations with the Actuaries Institute of Australia or equivalent professional body
Minimum 2 years life insurance financial reporting / valuation experience in Australian market
Understanding of IFRS17 and Solvency II desirable
Reinsurance experience and exposure to group insurance desirable
Highly proficient user (coding not required) of Prophet actuarial projection system
Advanced Excel, SQL and Python programming skills
Competencies
Attention to detail
Inquisitive and analytical mindset knowing links between data, systems and processes
Strong problem solving, time and project management skills
Effective written and oral communication skills
Enthusiastic, "can do" attitude approach to fast-paced work
Ability to work under the guidance of senior actuaries in the team
#J-18808-Ljbffr