SCOR

Senior Financial Solutions Actuary, APAC

SCOR  •  Hong Kong, HK (Onsite)  •  2 days ago
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Job Description

SCOR, as a leading global reinsurer, offers its clients a diversified and innovative range of solutions and services to control and manage risk. Applying the “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.

We are looking for a Senior Financial Solutions Actuary to work closely with the APAC Financial Solutions team to form and execute our strategy in the APAC region. This role is pivotal in leading and instructing the modelling team.

Key duties and responsibilities

Main Scope

  • Provide day-to-day guidance to the modelling teams to execute business opportunities
  • Lead all large complex transactions and internal projects
  • Be the Subject Matter Expert of various financially motivated solutions and relevant regulations in active countries in the region
  • Work closely with Global Head of Delivery and Head of APAC to enhance our existing infrastructures and process to optimize our operating models and achieve optimal efficiency while preserving the quality

Key Stakeholders and Working Relationships:

  • Develop strong relationship and lead the liaison with key internal and external stakeholders to redefine and uplift our risk appetites as needed and work with all related stakeholders to ensure we have alignments between ambitions and risk appetites
  • Foster a network with other teams across SCOR globally (e.g. risk management, finance, legal, technical) in order to understand and credibly contribute to the evolution of the Group's best practice in selling, assessing, structuring and managing financially motivated reinsurance business.
  • Maintain interaction with other departments across SCOR globally (e.g. product development, health, accounting) in order to contribute to multi-function projects

Required Experience & Competencies

Experience:

  • Qualified Actuary, other qualifications such as CERA would be a plus
  • At least 8 years in the financial services industry, particularly in life insurance, life reinsurance, or life consulting.
  • Strong background in accounting standards (e.g., IFRS 4, IFRS 17), solvency regimes (e.g., Solvency II, C-ROSS, RBC), and financial management.
  • Strong background in Life insurance or reinsurance pricing and Risk management is preferred.
  • Proven experience in managing complex projects and familiarity with structured reinsurance concepts.
  • Proven experience in working with Senior stakeholders.

Personal Competencies:

  • Strong leadership skills with the ability to effectively manage projects and project team members.
  • Ability to act as a second-in-command within the department and take on leadership responsibilities in the absence of the Head of APAC Financial Solutions.
  • Highly organized, analytical, and capable of handling multiple tasks in a dynamic, fast-paced environment.
  • Excellent communication skills, with an aptitude for strategic thinking and problem-solving.
  • Innovative, creative, and adept at learning new concepts quickly.
  • Team-oriented, capable of working collaboratively to achieve departmental goals.

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.

SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.

SCOR

About SCOR

SCOR, one of the world's largest reinsurers, provides its clients with a diversified and innovative range of solutions to control and manage risk. Using its experience and expertise, “The Art & Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – in Life & Health as well as in P&C.

The reinsurance industry is about combining technical expertise and experience with the developments of science. However many tools we use to conduct our activities (models, databases, pricing tools, reserving tools, and so on), we also need expert judgments and human experience to correctly underwrite. This is what we call the art of underwriting. Reinsurance is a knowledge industry. Expertise is an accumulation variable.

The most advanced tool will never replace the intuition of a seasoned underwriter facing a complex risk. Because at the end of the day, you have to make a decision, to sign, to underwrite. And what we have underwritten, we cannot overwrite - our word is our bond, as is our signature. This dimension of our business, linked to the art of underwriting, is more important than some observers would have people believe.

One way to acquire this art is to share experiences – both good and bad – and to share doubts and questions. Artists always belong to a school, from which they learn their craft.

Like artists, we have to learn, imitate, mimic, and then innovate, in order to find our own style and create our own distinctive work.

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
Paris, FR
Year Founded
Unknown
Website
scor.com
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