- Salary
- $209.9K–$283.5K
- Moves you to
- United States
- Support
- Relocation support
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The position serves will take a key role in designing and executing financial solutions transactions that address the capital needs of insurance companies focused primarily on inforce mortality and morbidity transactions. As needed with support on capital relief and remote risk transactions. This person will focus on deal structuring/negotiations, internal approvals, deal execution, and new solution development, as well as supporting transaction origination. This position requires the individual to be innovative and experienced with a high level of financial, actuarial and reinsurance skills.
Origination support:
- Collaborate to help US traditional market team source, market, and design client solutions.
- Attend and participate in industry and client events; travel required.
- Identify, design and present client-specific FinSol solutions
Deal execution: own or support the end-to-end process:
- Transaction origination (RFP receipt or bilateral discussion)
- Analyze opportunity and forming solution – includes deal structure, overseeing transaction analysis, initial pricing
- Work closely with the Pricing team on the transaction analysis and rate development
- Obtain internal transaction approvals (drafting leading review process and LCT/COMEX discussion)
- Lead due diligence, support treaty drafting and lead/support negotiation, as applicable
- Help coordinate post-close transition
Product Development: help design new solutions by:
- Identifying client needs via marketing actuaries and other industry sources
- Learn and keep abreast of regulatory changes
- Gain necessary product knowledge to develop viable solutions, which may include working with internal SME, hiring consultants, and modelling/accounting research
- Help map the best path forward to get internal acceptability
- Bachelor's degree or higher
- FSA designation preferred
- 10+ yrs experience in (re)/insurance, ideally with exposure to product development, capital management, and/or inforce management with a focus on Individual Life, Long Term Care, Disability
- Knowledge of statutory accounting
- Ability to lead large, complex projects and transactions
- Ability to build and retain team dynamic, while taking a broader company view
- Attention to detail, while maintaining the “big picture”
- Transactional experience a plus
- Treaty drafting experience a plus
- Presentation and client-facing skills
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 ll 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.
At SCOR, we CARE about clients, people, and societies, and we are committed to placing them at the center of everything we do. Providing great benefit choices to you and your family is just one of the ways we support the physical, financial, and emotional well-being of the people who make our company successful – you.
Benefits We Offer
• Medical, vision, and dental coverage
• 401(k) Plan with a competitive match
• Company-funded Defined Contribution Retirement Program
• Life and AD&D insurance
• Long- and Short-Term Disability
• Flexible Parental Leave
• Unlimited Sick Days
• Volunteer Time
• Summer Fridays
• Learning & Development Resources
• Personal Wellness Tools and Rewards
• Competitively priced gym memberships from a large nationwide network of gym brands and local fitness studios
• And More!
Pay Range for roles performed in CLT: $209,875-$283,475 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.
