AVP Actuary, Risk Management - SCOR GIE Informatique

Key duties and responsibilities:

Risk management framework and analysis

• Maintain and enhance risk measurement models inclusive of reporting in coordination with local, P&C and Group stakeholders.
• Calculate and review capital requirements; develop, maintain and enhance associated models.
• Coordinate with Group modeling teams to calculate and report legal entities' economic capital.
• Lead the performance and documentation of ORSA processes. Manage related risk analyses including capital adequacy testing, scenario/ stress testing and qualitative assessments.
• Contribute to the development of extreme deterministic scenarios in coordination with Group Risk Management teams and transverse functions.
• Participate in validation of group internal model inputs and outputs.
• Coordinate analysis and pricing of affiliate retrocession agreements.
• Participate in the identification, assessment and monitoring of emerging risks and trends.
• Contribute to risk analyses to meet ad-hoc local or group-wide needs.

Reporting and governance:

• Maintain and enhance monitoring tools and key risk indicators in coordination with Group.
• Prepare and review materials for internal risk / solvency reporting to management and board.
• Contribute to external risk/solvency reporting and communication to auditors, regulators, and supervisory authorities.
• Document adherence to internal policies and regulatory requirements.

Alignment with Business stakeholders:

• Assist business areas/risk owners in the development of key risk indicators to identify and evaluate business areas' risks.
• Support the enhancement and alignment of risk policies, processes and reporting to ensure consistency and enable aggregation at Group level.

Required experience & competencies:

• 10+ years of work experience with increasing levels of accountability in the Property & Casualty (P&C) industry, ideally within P&C commercial (re)insurance.
• Experience with actuarial and financial risk modeling, including both regulatory capital formulas (RB/MCT/BAT) and internal economic modeling frameworks is advantageous.
• Strong analytical and statistical capabilities with ability to critically assess assumptions and risks underlying business plans/transactions. Experience with model development is a plus.
• Knowledge of P&C (re)insurance business and ability to apply sound business and financial judgment to model output and business plans/transactions.
• Strong written and verbal communication skills; concise and accurate in communicating with stakeholders.
• Ability to apply skills/work in a variety of ad hoc situations, proactively proposing and balancing a range of solutions. Ability to take the lead in cross-functional projects.
• Ability to deliver results for review in a timely manner, being proactive in managing deadlines including management of dependencies on others, with strong sense of accountability and high quality of outputs presented for review.
• Build strong relationships within risk management and other functions, locally and across the Group and the P&C business unit.
• Strong understanding and awareness of legal and regulatory compliance requirements.

Required Education:

• BS or higher in Mathematics, Actuarial Science, Economics or related field.
• Qualification in a globally recognized actuarial and/or equivalent risk management organization.