Job-ID: 5509Category: Inforce ActuarialLocation: London, United KingdomPosted: This role will support the team in acquiring new business and monitoring its experience and profitability when in-force. Working across a number of areas within the wider team will help the successful candidate develop a breadth of knowledge and skills of the overall business as well as the tools and processes used. Over time there will the flexibility to specialise, depending on experience and specific interests, such as supporting exercises for longevity tenders and basis reviews, undertaking analysis to help support research into longevity bases and tools, as well as supporting the management of the in-force portfolio.The post holder will be expected to support the senior team in front of clients and other stakeholders, and so will require excellent communication skills and a professional and confident presence.Qualifications Experience: Good progress with actuarial exams since leaving UniversityStrong numerical experienceLife insurance/pensions/reinsurance/consultancy experienceNecessary Skills: Ability to problem solveStrong data analysis skillsExcellent communication (written and oral)Professional and confident presenceDigital Competencies:Computer literacy with special focus on Microsoft Word (Intermediate), PowerPoint (Intermediate) and Excel (Intermediate - familiarity of formulas such as “IF”, “VLOOKUP”, “INDEX”, “MATCH”, “SUMPRODUCT”, “MEDIAN”, “YEARFRAC”)ResponsibilitiesThe Actuarial Analyst will be exposed to a wide range of tasks across the whole team including:Assisting the Administration teams in reconciling and troubleshooting the more complex aspects of the regular accounts.Assisting in modelling the inforce blocks of businessUnderstanding, building and adaption of complex macro-driven premium and annuity claims calculation toolsUnderstanding and use of Excel tools that determine the current collateral exposures of SCOR and clients under the terms of the swapsInforce analyses of inforce deals for the purpose of setting future valuation assumptions, refining future pricing bases and spotting potential treaty breaches and irregularities.Produce Management Information (MI) and Key Performance Indicators (KPIs) on the in-force businessBuilding and automating the in-force management processes Standardise and modernise the in-force management processes and toolsDevelop and maintain a good understanding of the risks of longevity businessSupport the Longevity
Actuarial Analyst - Longevity Inforce in Kennington employer: SCOR Global Life
SCOR is an exceptional employer that fosters a collaborative and inclusive work culture, where employees are encouraged to engage with some of the brightest minds in the industry. With a strong commitment to professional development, SCOR offers ample opportunities for growth and innovation, particularly in the dynamic London market. Employees benefit from a diverse range of reinsurance solutions and a supportive environment that values integrity, courage, and open-mindedness, making it a rewarding place to build a meaningful career.
