L&H Technical closing and controlling Analyst

The role which the GCAO function is looking to fill will have a broad remit, including coordination and production activities across technical accounting, financial analysis, quarterly governance with a wide range of both internal and external stakeholders, in the central finance teams and other functions such as IT, Data, Transformation Office. The role will be in close relation with counterparts managing the respective local closing processes and other project teams.

The role while based in Paris, and may require occassional and infrequent travel across SCOR Regions (APAC, Americas, EMEA). Travel can be planned around competing work and personal commitments, so that it is manageable and appropriate. 

Key duties and responsibilities

1/ Produce and coordinate the delivery of high quality and timely quarterly group results:

• Maintain a high-quality control framework for life technical closings and bookings and ensure appropriate documentation is effective (internally and for audit purposes)
• Develop and maintain central team expertise on the differences between parent and local ledgers, ledger alignment topics and systems issues related to parent-local ledger management for life business
• Develop and maintain central team expertise on the data flows and interfaces between all the systems in the end to end accounting chain and secure the financial review and audit trails
• Ensure full reconciliation between accounting information booked into all the systems in the end to end accounting chain and secure the financial review and audit trails, after all system developments.

2/ Contribute to drafting and review of accounting and technical memos, as well as the production of business requirements, as required by evolving methodologies and the business needs to strengthen the IFRS 17 stabilisation and optimise the end to end accounting chain production. 

3/ Develop a testing framework and implement system testing after all changes made in the end to end life accounting system.

4/ Support decision making and controlling: invest time in continuous process improvement to automate all reconciliations, controls and reporting and reduce manual intervention in the end to end accounting chain. 

Required experience & competencies

Experience: 

• 3-5 years post qualification experience in the insurance of financial services sector.
• Have financial audit experience, with an understanding of audit processes and financial controls.
• Experience of IFRS 17 reporting requirements
• Very good understanding of actuarial and risk matter of interests

Personal Competencies:

• A strong technical accounting skillset.
• The ability to effectively engage and support senior stakeholders, considerate of stakeholder interests and culture differences.
• Precision, attention to detail
• Analytical skills

Digital Competencies:

• Advanced Microsoft Office skills
• Knowledge of SAS, SAP and OMEGA is desirable but not essential.
• Experience of working with process automation software and/or large data or data manipulation is desirable but not essential.
• Experience in any programming language or skills is desirable but not essential.

Managerial competencies:

• Ability to adapt to change and be flexible in their way of working
• Good communicator

Required Education 

• Business, Finance, Accounting or IT qualifications (minimum of 3 years post high school)

Languages

• English and French (full proficiency)

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 ensuring inclusivity is a major driving force for the success of the Group. We are committed to fostering a work environment in which all employees are treated fairly and respectfully, have equal access to opportunities and resources, and can contribute fully to SCOR’s success. 

Read Full Description