Head of Modelling, Apac - Singapore - SCOR

SCOR

Verified Company

Singapore

1 week ago

Posted by:

Wei Jie

beBee Recruiter

Description

Job Summary

The Modelling Community of Excellence (MCoE) is a team of modelling experts focused on delivering a continuous, high-quality and efficient service of actuarial modelling to SCOR Life and Health (L&H) teams worldwide.

This includes the ongoing development and maintenance of models for both Pricing and Reserving. MCoE sets the ambition and vision for Actuarial Modelling and supports ongoing L&H strategic initiatives. The team have been a key contributor to significant global projects within SCOR such as the implementation of IFRS17.

MCoE has established a permanent Asia-Pacific Hub to lead its actuarial modelling support to our Asia-Pacific markets, in particular to our local reserving teams based in Singapore, Korea, China and Australia.

This Hub is supported by the wider MCoE team based in Ireland.

This permanent position offers an exciting opportunity to be part of an expert team working in a fast paced and dynamic environment developing state-of-the-art modelling solutions.

The role reports into the Head of Modelling and is based in Singapore. Some travel between SCOR offices (including Beijing, Sydney, Seoul, Dublin and Paris) will be required for this role.

Key duties and responsibilities

Duties to fulfil this role include:

Collaborate across teams to lead the design, development, testing, review, validation and delivery of models to meet the requirements of SCOR's Asia-Pacific reserving teams
Build strong relationships with senior colleagues and key stakeholders:
Asia-Pacific Head of Actuarial and APAC Actuarial Team,
Local Reserving Teams based in Singapore, China, Korea and Australia,
Head of Modelling and MCoE team based in Ireland
Represent the MCoE in providing modelling expertise, direction and solutions for the Asia-Pacific business
Be the primary contact for all modelling topics in Asia-Pacific, ensuring appropriate communication with all stakeholders
Other duties as assigned by the Company, including participation in related Divisional and Group projects.
Drive the planning, monitoring and coordination of model developments and production releases. Deliver training, support and guidance to model developers and model users.
Collaborate with SCOR's data science community to identify new tools and technologies to bring SCOR's modelling capabilities to the next level:
Synthesise and get buy-in for an ambitious vision for where SCOR L&H can take its modelling and analytical capabilties in Asia Pacific
Work closely with our multiple geographical and culturally diverse teams to understand current practices and to explain and get buyin for proposed changes. Identify and develop solutions for challenges encountered.

Ideal Experience:

Development, testing and documentation of Actuarial Prophet models within a controlled framework
Experienced coding in Prophet including DCS, and VBA.
Experience in other actuarial modelling tools and programming would be a definite advantage, e.g. Python, SQL
Past involvement in significant projects implemented on a global basis
Managed or led teams of model developers within an Agile mindset
High level of independence, flexibility, assertiveness and ability to build relationships and work across multiple geographic locations.
Demonstrated innovation and creativity in proposing new ways of working
Flourishes working as part of a busy team in a fastpaced Agile environment

Personal Competences:

Expert level actuarial modelling skills
Innovative, inquisitive and creative
Organisational skills and ability to meet deadlines
Proven ability to be able to work on own, and closely within a team structure
Results driven and passion for quality
Excellent interpersonal skills
Very strong communication and documentation skills

Required Education:

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Partly or Fully Qualified Actuary with 5+ years recent Prophet experience

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 ensu