Junior Actuary Life Economic Valuation in Köln bei SCOR

SCOR

The Junior Valuation Actuary based in Cologne supports the technical validation and documentation processes relating to IFRS17 and Solvency II Life Liability data for internal and external reporting.

Key duties and responsibilities

Supporting the L&H Consolidated Cashflow Reporting and Business Support Team and the overseas subsidiaries of SCOR in their calculation of IFRS17 and Solvency II Life liabilities data and Own Funds calculations
Perform detailed actuarial analyses of SCOR`s life reinsurance business
Support consolidation, validation and documentation of actuarial reporting for internal and external reporting standards (Solvency II and IFRS17)
Support the development of actuarial solutions/models, reporting demands and processes

Required experience & competencies

Experience:

Favourably basic work experience in (re)insurance with a focus on actuary issues, but not required
Very good IT skills of standard software (MS Office)
Favourably basic experience with database software (Python, R)

Personal Competences:

Very good analytical and conceptual skills
Very good communication skills
Personal competencies according to company values

Required Education

University degree/Master degree in Mathematics, Economics with the main focus on actuarial issues
Preferably membership in actuarial association/qualified as an actuary
or equivalency from a recognized organization

SCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Leveraging experience and expertise to deliver “The Art & Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – from Life & Health and Property & Casualty insurance to Investments. Our specialized teams operate in over 160 countries, fostering long-term relationships with clients.

In order to provide our clients with a broad range of innovative reinsurance solutions, SCOR pursues an underwriting policy that is founded on profitability and supported by effective risk management strategy and a prudent investment policy. This approach allows us to offer clients an optimum level of security, to create value for shareholders, and to contribute to the welfare and resilience of society by helping to protect insureds against the risks they face.

At SCOR, we believe that employing people from different backgrounds and ensuring inclusivity is a major driving force for the success of the Group. We are committed to fostering a work environment in which all employees are treated fairly and respectfully, have equal access to opportunities and resources, and can contribute fully to SCOR’s success.