Qualified Actuary – Asset Liability Management (ALM)

Qualified Actuary – Asset Liability Management (ALM)
Job Description
Risk Capital is responsible for producing, analyzing, reporting, and explaining quarterly internal model results for SCOR Group and SCOR’s subsidiaries. It further produces analytics on capital, ALM and economic performance on business initiatives for other risk departments as well senior and executive management decisions.
Responsibilities
• Your work, analysis, experience and expertise are pivotal for mitigating financial market risks to safeguard SCOR’s risk appetite.
• Apply SCOR’s internal model to evaluate and perform duration and convexity analysis to measure sensitivity to interest rate changes, identify mismatches between assets and liabilities, stress test cash flow projection to anticipate liquidity needs.
• Simulate various scenarios to assess the impact of changes in the economic environment, and provide recommendations based on potential stress scenarios.
• Ensure adherence to financial regulations and solvency requirements.
• Provide detailed risk reports for internal stakeholders and regulatory bodies.
• Collaborate with Investment and Treasury about asset allocation and state of the art matching and hedging of cash flows and duration
• Collaborate with the Financial Risk Market Risk team to manage risk appetite and risk limits.
• Collaborate with the Risk Modelling team for continuous development of the internal model based on your daily usage experience

Qualifications
• Qualified Actuary (SAV, DAV, IFoA) or equivalent qualification and experience
• Practical experience in using Internal Models (SST, Solvency II or Basel) for Market and Credit Risk Analysis
• 10 years of experience in Asset Liability Management, preferably in Life & Health insurance or Reinsurance,
• Proficiency in MS Office and coding (preferred Python),
• Experienced project leader in an agile, multinational, cross-functional environment
• Excellent communication skills and fluent in English.

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Job Info
About Us
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.
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