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, 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
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