Valuation Actuary - Seoul - Scor와 관련된 현재 작업
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Seoul, 대한민국 Swiss Re 풀타임About the Role: Reporting to Head Life & Health(L&H) Valuation HK, TW & Korea, you will be accountable for all valuation work in the Korea market and expected to step up to Appointed Actuary for Swiss Re Korea Branch subject to to regulatory approval. Your main responsibilities include: Appointed Actuary duty as required by Korean regulator (FSC/FSS), ensure...
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Seoul, 대한민국 Swiss Re 풀타임About the Role: Reporting to Head Life & Health(L&H) Valuation HK, TW & Korea, you will be accountable for all valuation work in the Korea market and expected to step up to Appointed Actuary for Swiss Re Korea Branch subject to to regulatory approval. Your main responsibilities include:Appointed Actuary duty as required by Korean regulator (FSC/FSS), ensure...
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Seoul, 대한민국 Swiss Re 풀타임About the Role: Reporting to Head Life & Health(L&H) Valuation HK, TW & Korea, you will be accountable for all valuation work in the Korea market and expected to step up to Appointed Actuary for Swiss Re Korea Branch subject to to regulatory approval. Your main responsibilities include:Appointed Actuary duty as required by Korean regulator (FSC/FSS), ensure...
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Seoul, 대한민국 Swiss Re 풀타임About the RoleThis is a one-year contractual position, based either in Seoul or Hong Kong (visa sponsorship can be offered). We are open to considering part-time candidates; however, full-time commitment is required during quarter-end periods.The key activities of the valuation team that you will be primarily responsible include:1) Quarterly reserving and...
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Seoul, 대한민국 Swiss Re 풀타임About the RoleThis is a one-year contractual position, based either in Seoul or Hong Kong (visa sponsorship can be offered). We are open to considering part-time candidates; however, full-time commitment is required during quarter-end periods. The key activities of the valuation team that you will be primarily responsible include: 1) Quarterly reserving and...
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Seoul, 대한민국 Swiss Re 풀타임About the RoleThis is a one-year contractual position, based either in Seoul or Hong Kong (visa sponsorship can be offered). We are open to considering part-time candidates; however, full-time commitment is required during quarter-end periods.The key activities of the valuation team that you will be primarily responsible include:1) Quarterly reserving and...
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In-force Pricing Manager
5 개월전에
Seoul, 대한민국 Reinsurance Group of America 풀타임Position Overview The role will be responsible for financially driven and capital related solutions and be exposed to all aspects of those solutions. This role’s mission is to drive and provide support to financially driven solutions. The work includes but is not limited to: marketing, developing, structuring, executing and post–close deal...
Valuation Actuary
4 개월전에
Job Summary
As a key member of the Korea L&H Valuation team, which sits within the APAC Actuarial function, your role will be focused on the production and of IFRS and SII results. The role will cover SCOR's business written in Korea and Japan.
This will include preparing the quarterly reserves, uploading these into SCORs systems (accounting system and reserving data warehouse), understanding and analysing the results and movements, reviewing the work of other team members, and producing reports. It will also include preparation of settlement statements for an external retrocession, and User Acceptance Testing of actuarial model changes.
You will have the opportunity to liaise with colleagues across the SCOR group, explaining the results to our stakeholders. You will also have the opportunity to participate in strategic projects.
About the Department: APAC Actuarial
The APAC Actuarial team is based in SCOR's offices in Singapore, Sydney, Beijing and Seoul, and covers both Life & Health and Property & Casualty business. This includes business written in c.30 countries and 13 legal entities in the region. We are a diverse and engaged team, providing expert actuarial analysis and insight for our stakeholders. The department is led by the Chief Reserving Actuary for Asia Pacific.
Responsibilities
Key duties and responsibilities
Valuation & Closing Process
- Review and production support of the IFRS 4, IFRS 17,Solvency II and K-ICS results for the North Asia market
- Produce the actuarial input for the annual Operating Plan
- Liaise with local Technical Accounting team to produce IFRS result
- Respond to the external actuarial audit process for North Asia and relationships with local auditors on actuarial topics
- Liaise with IT to streamline and automate valuation process
- Assist in drafting actuarial valuation reports for IFRS and solvency II for North Asia market
- Perform the annual/half yearly Analysis of Change process on SII and IFRS17 results
- Prepare the quarterly settlement statements for Covea retrocession, and assist in creating a longer-term solution to automate this process
- Standardise and continuously improve reserving processes, analysis and controls.
- Check & review others work as part of the 'do, check, review' process
- Assist with quarterly Prophet User Acceptance Testing
- Propose improvements on tools and methodology
- Update the Best Estimate assumptions and other parameters in the Prophet model
- Contribute to group/global projects
- Assist the North Asia market's contribution to the SCOR Group IFRS17 project, including:
- Testing and dry run activities in 2023
- Prophet model process enhancements
- Communicating with global stakeholders to keep up with progress developments
Experience:
- Nearly or newly qualified actuary (FIAK, FSA, FIA, FIAA, or equivalent)
- 3 to 8 years relevant experience in a insurance/reinsurance business or equivalent capabilities
- Experience of experience analysis and best estimate assumption setting
- Experience of reserving/valuation - Best estimate liability valuation, and/or IFRS 17, K-ICS, Solvency II experience preferred
- Experience of reviewing others work and managing tasks independently
- Fluent Korean speaker with a good spoken & written English
- Enjoys working at pace, in a close-knit team
- Demonstrates curiosity and enthusiasm for continuous improvement
- Proactive, organized and adept at stakeholder management
- Strong technical skill set, including experiences in Prophet, SQL, Python and Excel VBA
- Excellent communication and interpersonal skills
- Creates a supportive environment - both when coaching junior members within the team and when working with other
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.
