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AVP, Senior Reserving Actuary

SCOR -
New York, NY

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Job Details

$162,500 - $239,000 a year

Benefits

Paid holidays
Disability insurance
Health insurance
Paid time off
Retirement plan

Qualifications

Casualty insurance experience
Actuarial reserve calculation
Insurance claims reserve management

Full Job Description

This role offers the opportunity to influence reserving decisions across a diverse reinsurance portfolio, contribute to regulatory & financial reporting, and help drive the continued evolution of reserving practices through analytics, process improvements, and collaboration with global reserving teams.

While the role supports multiple reporting frameworks, including U.S. Statutory, IFRS 17, and Solvency II, its primary focus is on delivering high-quality reserving analyses for the U.S. business.

In addition to technical expertise, you’ll mentor developing actuaries, collaborate across functions, and contribute to initiatives that advance SCOR’s reserving capabilities.

What You’ll Do

Lead Reserve Reviews

Lead quarterly reserve roll-forwards and annual reserve reviews for assigned U.S. casualty portfolios.
Develop reserve recommendations supported by robust quantitative and qualitative analysis.
Partner with underwriting, claims, pricing, and finance to understand emerging trends and portfolio performance.

Deliver Financial and Regulatory Reporting
Prepare and present quarterly reserving analyses to senior actuarial leadership.
Support reserving deliverables across U.S. Statutory, IFRS 17, and Solvency II reporting frameworks.
Contribute to regulatory filings, Schedule P, and other statutory reporting requirements.

Collaborate Across the Business
Build strong relationships with business unit leaders and actuarial colleagues to ensure reserving analyses reflect current business conditions.
Coordinate feedback discussions that enhance reserve analysis and strengthen cross-functional communication.
Support business planning, ORSA, and other strategic actuarial initiatives.

Drive Reserving Innovation
Help improve reserving methodologies, analytics, automation, and reporting processes.
Partner with global reserving colleagues to enhance tools, diagnostics, and data foundations.
Evaluate new techniques and opportunities to modernize reserving practices.

Support Governance
Assist the Appointed Actuary with the annual Statement of Actuarial Opinion and related documentation.
Support interactions with auditors, peer reviewers, regulators, and internal stakeholders.
Maintain strong reserving controls and documentation to support governance and compliance.

Develop Talent
Mentor and coach less experienced actuaries.
Foster a collaborative and inclusive team environment.es
Assist with talent development, mentoring and recruiting for open positions.

What We’re Looking For

ACAS or FCAS required; FCAS preferred.
5+ years of relevant U.S. Property & Casualty actuarial experience, with significant exposure to casualty reserving.
Strong understanding of U.S. Statutory reserving requirements.
Exposure to IFRS 17 or Solvency II is a plus but not required.
Excellent analytical and problem-solving skills.
Strong communication skills with the ability to explain complex actuarial concepts to a variety of audiences.
Demonstrated ability to build collaborative relationships across actuarial and business functions.
Experience with programming, automation, or modern analytical tools (e.g., Python, R, SQL) is a plus. STAT / GAAP, and familiarity with IFRS17 and Solvency II

International insurance experience is a plus

Why Join SCOR?

At SCOR, you’ll work alongside some of the industry’s leading reserving, pricing, and underwriting professionals while contributing to a globally diversified reinsurance portfolio.

This role offers:

Meaningful ownership of complex casualty reserving analyses.
Exposure to global reserving methodologies and international collaboration.
Opportunities to influence reserving practices and process improvements.
Close partnership with senior actuarial leadership.

You may not meet every requirement listed in the job description. If you bring broad expertise and alignment to the role and resonate with our core values, we encourage you to apply.

Relocation assistance within the U.S. is available for this position.

Candidates must have valid authorization to work in the U.S. without the need for employer sponsorship now or in the future.

Hybrid Work Policy: SCOR is committed to an "in office" culture where people can collaborate, exchange ideas, and establish stronger working relationships while still providing flexibility. To support employee work-life balance and increase opportunities for employees to excel every day, SCOR operates with a hybrid working arrangement. SCOR employees work 3 days per week in an office with the flexibility to work 2 days per week remotely.

Pay Range for roles performed in IL: $162,500-$220,000 NY: $176,000-$239,000 base salary per year. Actual salaries may vary based on various factors including but not limited to location, experience, role and performance. The range listed is just one component of SCOR's total compensation package for employees. Other rewards may include annual bonuses, short- and long term incentives. In addition, we provide a variety of benefits to employees, including health insurance coverage, life and disability insurance, a retirement saving plan, paid holidays and paid time off.

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.

Apply Now

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