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 SummaryThis 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 businessCalculate liabilities and impacts of assumption, model changes and sensitivitiesPrepare data for processing by valuation models, including retrieving, profiling, cleansing, reconciling, transforming and validating data setsAnalyse data by writing and running SQL or Python programsProphet Modelling Setup and run Prophet cashflow projection modelsPerform user acceptance testing of model changes as requiredQuality Assurance and Business Process Optimisation Assess reasonableness of projections and financial resultsValidate data quality in SCOR reserving systemsExecute controls in the valuation processRespond to internal/external reviewers and auditorsOptimise business processes through review of existing processes, redesign and implementation using automation, standardisation, and controlsConnect with SCOR's Asia-Pacific actuarial community to share knowledge and actively search for opportunities to continually improve processesUndertake specific projects and ad hoc activitiesExperience Completed university degree in actuarial science, mathematics, statistics, economics, finance or related field with a strong quantitative orientationCurrently undertaking examinations with the Actuaries Institute of Australia or equivalent professional bodyMinimum 2 years life insurance financial reporting / valuation experience in Australian marketUnderstanding of IFRS17 and Solvency II desirableReinsurance experience and exposure to group insurance desirableHighly proficient user (coding not required) of Prophet actuarial projection systemAdvanced Excel, SQL and Python programming skillsCompetencies Attention to detailInquisitive and analytical mindset knowing links between data, systems and processesStrong problem solving, time and project management skillsEffective written and oral communication skillsEnthusiastic, "can do" attitude approach to fast-paced workAbility to work under the guidance of senior actuaries in the team #J-18808-Ljbffr