Job Description

:The Performance Actuary will be responsible for monitoring and steering the performance of SCOR's L&H APAC Market portfolios, with a primary focus on Australia and New Zealand, and potential involvement in Korea and Japan. This role will be integral in the adoption, analysis, and promotion of Performance KPIs that drive business performance measurement. Key responsibilities include the measurement, analysis, and communication of these Performance KPIs with business units.Additional responsibilities encompass analyzing and reporting quarterly financial results, managing financial planning and forecasting, conducting expense analysis, and providing ad hoc business analysis for senior management.This role requires a strong technical understanding of the IFRS 17 framework and underlying cash flow modeling methodologies. The candidate must also be an effective communicator, capable of engaging with key stakeholders, including reserving and finance teams, as well as business units.Responsibilities:Key duties and responsibilities1. Communication, stakeholder management and change management:

• Ensure Finance's view of performance is clearly communicated within Finance and Business teams
• Promote the adoption of new Performance KPIs explaining the drivers and implications clearly to all stakeholders
• Support L&H Performance team in leading change management related to the measurement of the business performance
• Provide effective and timely communication of financial performance results to management
• Communicate within Finance teams to ensure consistency of understanding and messages

2. Performance analysis:

• Measure and monitor Performance of the business using Performance KPIs
• Perform the quarterly financial analysis process for IFRS 17 with strong business acumen including detail variance analysis (actual vs plan, actual vs prior year) and the underlying business drivers
• Perform the landing process in collaboration with Business, Reserving and Technical Accounting teams to identify the early business developments for the quarter and timely execution of business steering where relevant
• Collaborate with other finance functions to synergize and streamline the flow of analysis and business message consistently

3. Performance Analysis of specific actions

• Prepare the performance analysis of any specific inforce actions that are under consideration
• Ensure that the impacts on Performance are clearly understood and communicated - both for current and for prospective periods
• Contribute to any specific analysis of the business as required

4. Forecasting of financial performance

• Forecasting of financial performance for operating plan and full year landing update purposes
• Perform the production process of IFRS 17 Operational Planning for the APAC markets to ensure timely submission, good data quality and documentation of business drivers / key risks to plan
• Provide effective communication of plan progression for each iteration of operating plans and the corresponding plan assumptions / key risks to plan.

5. Transformation and simplification

• Responsible for simplifying and transforming relevant processes such that majority of time is devoted to analysis of results versus production of figures (80/20 split expected between analysis/production)
• Contribute to development of tools within context of wider group developments and to adoption of available technology in order to maximise the efficiency of our processes
• Streamline the quarterly financial performance reporting to enhance operational efficiency and the depth of analysis

Qualifications:Experience

• Minimum of 7 years of relevant experience in actuarial, accounting, reporting, data analysis, or insurance audit.
• University degree in Actuarial or Accounting
• Ideally, a qualified (or near-qualified) Actuary with strong knowledge of IFRS 17.

Competencies

• Strong analytical and data management skills.
• Proven experience in communicating complex financial information to multiple stakeholders.
• Ability to address issues from a macro perspective and delve into details when necessary.
• Strong multi-tasking abilities, with a preference for candidates with good project management experience
• Innovative, versatile, committed & resourceful
• Excellent Excel skills, preferably VBA, macros usage
• Possess good project management skills set
• Excellent analytical skills
• Great communication and interpersonal skills
• Able to distill complex issues and summarise in simple English
• Proactive, self-motivated and reliable individual

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.

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