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Head of Structuring - Global FS

Date: Jul 21, 2021

Location: London, GB

Company: SCOR

     EMEA     

London United Kingdom (GB) 

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Head of Structuring - Global FS 

Permanent 

Actuarial 

 

 

          About SCOR         

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. Using its experience and expertise, “The Art & Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – in Life & Health insurance as well as in P&C insurance. Our specialist teams operate in over 120 countries, developing value added and innovative products and services and making long-term commitments to their clients, namely insurers and large corporations.
SCOR's aim, as an independent global reinsurance company, is to develop its Life and P&C business lines, to provide its clients with a broad range of innovative reinsurance solutions and to pursue an underwriting policy founded on profitability, supported by effective risk management and a prudent investment policy, in order to offer its clients an optimum level of security, to create value for its shareholders, and to contribute to the welfare and resilience of Society by helping to protect insureds against the risks they face.

 

Job Specification 

Accountable for delivery of a high quality of pricing and structuring work by the Financial Solutions global team.  


Principal duties and responsibilities

  • Ensure the pricing “referrals” of the Financial Solutions global team respect the Group’s pricing standards, underwriting limits, and using the approved methodologies and pricing tools
  • Ensure emerging product solutions of the Financial Solutions team respect the Group’s risk appetite, required return, and are efficient in terms of capital consumption. Accountable for ensuring Pricing, Legal and Risk Management timely review and signoff on new products/strategies (shared with business leaders of Financial Solutions)
  • Contribute to the successful global development of Financial Solutions as part of the senior team, including specific accountability for product innovation that establishes competitive advantage while respecting internal risk/reward requirements.
  • Support business development efforts through demonstration of SCOR’s expertise in financial solutions at market seminars and client presentations as needed


Required education 

  • Masters degree or equivalent in financial discipline
  • Fellow of UK actuarial profession and/or Relevant insurance structuring expertise 


Required experience & competencies

Experience:

  • 15 years of relevant financial services industry experience in life insurance, life reinsurance, or life consulting environment
  • Experience in managing pricing and risk management of new business from technical, business process and product management perspectives
  • Awareness of detailed implications of emerging insurance capital and accounting standards for the life insurance industry preferred
  • Exposure to structured reinsurance concepts and economic value models highly preferred


Personal Competences:

  • Effective presenter with senior management audiences and with technical specialists
  • Able to lead virtual teams based in multiple locations
  • Fast learner, highly numerate 
  • Comfortable with dynamic and fast paced work environment

 

If you are interested in this role, please submit your CV to us via our recruitment portal.