SVP, Head of US Financial Solutions

Job Description

The position will lead a team of experienced actuaries that will collaborate with the US market team to source, design, price and execute complex transactions.

The position will have a US market focus while coordinating with SCOR L&H to access and leverage the experience in other jurisdictions globally.

This position requires leadership, collaboration, creativity, management experience and structuring skills as well as the development of talent within the team and periodic review, motivation and incentivization of direct reports at the VP, AVP and Associate levels.

Key duties and responsibilities

Building and managing a team of highly motivated and talented experts in structuring and executing Financial Solutions transactions.

Collaborate with US traditional market team to source, market, design and execute transactions.

Support compliance of transactions with SCOR standards and processes.

Design new solutions arising from change in regulations and/or specific needs from clients.

Contribute to the global Financial Solutions team objectives in terms of risk management, strategic planning, reporting and financial targets.

Help to achieve organizational branding goals to create the image of SCOR as a major player in innovative Financial solutions by attending and participating at targeted industry conferences and by visiting clients

Monitor transaction experience and execute triggers as necessary to maintain profitability

Maintain in collaboration with the US market team a network of contacts in insurance companies, investment banks and financial advisors to source transactions

Desired Experience & Competencies

20 or more years’ experience in Life Insurance and Reinsurance actuarial roles, with at least 5 years in financial solutions reinsurance transactions

Successful track record of closing complex transactions

Network of solid relationships in the insurance and reinsurance marketplace

Management and development experience of actuarial professionals

Executive presence and ability to present at many levels of an organization, both internally and within clients

Problem Solving - Identifies and analyses issues, proposes and rolls out relevant solutions after appropriate approvals

Communication - Knows how and when to develop/sustain a message and/or an idea (speaking and writing), uses the right tools to present information

Resilience - Demonstrates an ability to step back when facing difficult situations and to bounce back after a failure

Decision Making - Makes decisions and/or rolls out the decisions taking into account all available information

Accountability - Alerts, raises the critical points when needed, shoulders and corrects his/her decisions and shows responsibility regarding cost management

Commitment - Makes effort to bring his/her skills and uses his/her expertise to contribute to the success of the Group

Curiosity - Demonstrates an appetite for learning and developing his/her-self in his/her field of expertise, can develop new practices and methods in relation with his/her day-to-day work

• Team Spirit - Helps his/her colleagues and facilitates working relationships seeking the consensus.
• Feedback - Gives and takes into consideration constructive remarks, with his/her management, peers, clients and employees
• Flexibility - Adapts to change and shows reactivity to make the best of it

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.

• Medical, vision, and dental coverage
• 401(k) Plan with a competitive match
• Company-funded Defined Contribution Retirement Program
• Life and AD&D…