SCOR SE
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Established in 1970, SCOR SE is a leading global reinsurance company specializing in property and casualty (P&C) and life reinsurance solutions. The company fos
3 Jobs
Senior Vice President, Head of Financial Solutions
SCOR SEEstablished in 1970, SCOR SE is a leading global reinsurance company specializing in property and casualty (P&C) and life reinsurance solutions. The company fos
Title: SVP, Head of US Financial Solutions Location: Charlotte, North Carolina, United States New York,.. Job Description: The position will lead a team of experienced actuaries that will collaborate with the US market team to source, design, price and execute such complex transactions. The position will have a US market focus while coordinating with SCOR L&H to access and leverage the experience in other jurisdictions globally. This position requires leadership, collaboration, creativity, management experience and structuring skills as well as the development of talent within the team and periodic review, motivation and incentivization of direct reports at the VP, AVP and Associate levels. Desired Experience & Competencies - 20 or more years' experience in Life Insurance and Reinsurance actuarial roles, with at least 5 years in financial solutions reinsurance transactions - Successful track record of closing complex transactions - Network of solid relationships in the insurance and reinsurance marketplace - Management and development experience of actuarial professionals - Executive presence and ability to present at many levels of an organization, both internally and within clients Personal Competencies: - Problem Solving - Identifies and analyses issues, proposes and rolls out relevant solutions after appropriate approvals - Communication - Knows how and when to develop/sustain a message and/or an idea (speaking and writing), uses the right tools to present information - Resilience - Demonstrates an ability to step back when facing difficult situations and to bounce back after a failure - Decision Making - Makes decisions and/or rolls out the decisions taking into account all available information - Accountability - Alerts, raises the critical points when needed, shoulders and corrects his/her decisions and shows responsibility regarding cost management - Commitment - Makes effort to bring his/her skills and uses his/her expertise to contribute to the success of the Group - Curiosity - Demonstrates an appetite for learning and developing his/her-self in his/her field of expertise, can develop new practices and methods in relation with his/her day-to-day work Managerial competencies: - Team Spirit - Helps his/her colleagues and facilitates working relationships seeking the consensus. - Feedback - Gives and takes into consideration constructive remarks, with his/her management, peers, clients and employees - Flexibility - Adapts to change and shows reactivity to make the best of it Relocation assistance within the U.S. is available for this position. Candidates must have valid authorization to work in the U.S. without the need for employer sponsorship now or in the future. Hybrid Work Policy: SCOR is committed to an "in-office" culture where people can collaborate, exchange ideas, and establish stronger working relationships while ll 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. At SCOR, we CARE about clients, people, and societies, and we are committed to placing them at the center of everything we do. Providing great benefit choices to you and your family is just one of the ways we support the physical, financial, and emotional well-being of the people who make our company successful - you. Benefits We Offer - Medical, vision, and dental coverage - 401(k) Plan with a competitive match - Company-funded Defined Contribution Retirement Program - Life and AD&D insurance - Long- and Short-Term Disability - Flexible Parental Leave - Unlimited Sick Days - Volunteer Time - Summer Fridays - Learning & Development Resources - Personal Wellness Tools and Rewards - Competitively priced gym memberships from a large nationwide network of gym brands and local fitness studios - And More! Pay Range for roles performed: $244,000 - $365,000 base salary per year for Charlotte NC / $280,000 - $420,000 for New York City. Actual salaries may vary based on various factors including but not limited to location, experience, role and performance. The range listed is just one component of SCOR's total compensation package for employees. Other rewards may include annual bonuses, short- and long term incentives. In addition, we provide a variety of benefits to employees, including health insurance coverage, life and disability insurance, a retirement saving plan, paid holidays and paid time off.
Assistant Vice President, Senior Reserving Actuary
SCOR SEEstablished in 1970, SCOR SE is a leading global reinsurance company specializing in property and casualty (P&C) and life reinsurance solutions. The company fos
Title: AVP, Senior Reserving Actuary Location: New York, Chicago United States Job Description: The position is responsible to support the activities of the SVP, Americas P&C Chief Reserving Actuary on the US entities and Brazil entities and UW perimeters with a focus on the Casualty exposure. The standards covered are the IFRS 17, Solvency II and baseline on a contributive basis and the US STAT on a stand-alone basis for the US entities. The position is expected to demonstrate analytic leadership across the US legal entity portfolio, including close coordination with Pricing, local Finance, Claims, Underwriting, and the Americas management teams. The position will also assist the SVP, Americas P&C Chief Reserving Actuary in reporting to the US Board of Directors and other stakeholders such as regulators, auditors, and peer reviewers. The AVP, Senior Reserving actuary will be expected to build and foster productive business relationships, mentor less experienced team members, assist in attracting talent as needed, and be an active participant in global reserving initiatives. The position is also expected to be a key contributor and champion to P&C Reserving department's initiatives. - Qualified actuary (FCAS preferred) with minimum 10 years of relevant non-life insurance work experience in the US market with demonstrated strong expertise in casualty exposures. - Comprehensive understanding of US regulatory requirements, US STAT / GAAP, and familiarity with IFRS17 and Solvency II - International insurance experience is a plus - Excellent interpersonal skills and proven ability to present complex issues to non-actuaries and to be comfortable and credible in terms of meeting with senior management and the Board(s). - Exceptional analytical and problem-solving skills - Innovative mindset with ability to drive transformation and adapt to changing environments. Relocation assistance within the U.S. is available for this position. Candidates must have valid authorization to work in the U.S. without the need for employer sponsorship now or in the future. 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. Pay Range for roles performed in IL: $162,500-$220,000 NY: $176,000-$239,000 base salary per year. Actual salaries may vary based on various factors including but not limited to location, experience, role and performance. The range listed is just one component of SCOR's total compensation package for employees. Other rewards may include annual bonuses, short- and long term incentives. In addition, we provide a variety of benefits to employees, including health insurance coverage, life and disability insurance, a retirement saving plan, paid holidays and paid time off.
Assistant Vice President, Alternative Solutions Underwriter
SCOR SEEstablished in 1970, SCOR SE is a leading global reinsurance company specializing in property and casualty (P&C) and life reinsurance solutions. The company fos
Title: AVP, Alternative Solutions Underwriter Location: New York, NY, chicago, IL, United States Job Description: Alternative Solutions is a department within SCOR P&C, tasked to deliver sophisticated solutions to structure, finance and transfer (re)insurance risks. The SCOR Alternative Solutions offering includes: - Structured (re)insurance (e.g., multi-year/multi-line, retrospective solutions, structured quota share, second-event protections) - Parametric solutions - Fronting solutions Alternative Solutions team members are located in Paris, Zurich, London, New York and Singapore and beneficiate from P&C division support, work closely with other P&C market & (re)insurance managers, and have direct contact with clients, brokers and other intermediaries to: - Contribute to the achievement of the underwriting plan - Contribute to Group results through disciplined, profitable underwriting - Develop SCOR's market share and leadership position - Enhance SCOR's market profile through responsive, innovative client support In this role, you develop and deliver SCOR's Alternative offering primarily for North America, supporting internal underwriting teams, clients and brokers. You are accountable for underwriting quality and the profitability of the portfolio you are in charge of. - A minimum of a college degree in Actuarial Science, Engineering, Finance or equivalent discipline. Business degree in addition would be a plus. - Fluency in another language would be a plus. - Ideally, a minimum of 2 years work experience on "alternative risk transfer" in an international environment, additional (re)insurance experience a plus - Proven underwriting skills (marketing, negotiation, structuring, pricing, wordings), - Proven ability to define and implement a business plan - Proven ability to develop a commercial and tactical vision - Ability to successfully negotiate "face-to-face" with brokers and clients - Ability to use complex spreadsheets, word and power point - Sound technical knowledge of subjects associated to non-traditional underwriting as well as a wider understanding of related actuary, accounting, legal, regulatory and capital management topics - Knowledge of competitors, clients and brokers - Ability to manage projects in coordination with various stakeholders - Team player - International minded - Communication and interpersonal skills - Flexibility, Proactive, Autonomy - Analytical, organizational and reporting skills - Pricing / cash flow modelling experience would be a plus Relocation assistance within the U.S. is available for this position. Candidates must have valid authorization to work in the U.S. without the need for employer sponsorship now or in the future. 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. Pay Range for roles performed in NY: $185,500-$251,500 base salary per year. Actual salaries may vary based on various factors including but not limited to location, experience, role and performance. The range listed is just one component of SCOR's total compensation package for employees. Other rewards may include annual bonuses, short- and long term incentives. In addition, we provide a variety of benefits to employees, including health insurance coverage, life and disability insurance, a retirement saving plan, paid holidays and paid time off.