L&H Technical Closing and Controlling Expert

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 teams and internationally. The role will be in close relation with regional and local entities counterparts managing the respective local closing processes.

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.

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

• Ensure SAS system results are properly delivered and booked into all the systems in the end to end accounting chain and secure the financial review and audit trails
• Maintain a high-quality control framework for life technical closings and ensure appropriate documentation is effective (internally and for audit purposes)
• Build strong relationship with the landing, forecasting and planning team to maintain live communication and alignment of results between expectations and production.

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. Support the Group Transformation & Simplification initiatives. As an example, contribute actively in the Finance projects seeking alignment and synergies between the multiple accounting and solvency reporting frameworks, and between P&C and Life target finance models.

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. Develop automated audit trails and analytical reports and dashboards. Investigate issues and provide insights into exception cases identified in the quarterly production and review processes.

Experience: 

• 5-7 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 qualified or near-qualified accountant with a strong technical accounting skillset.
• The ability to effectively engage and support senior stakeholders, considerate of stakeholder interests and culture differences.
• The ability to priortise deliverables and to escalate / engage with stakeholders as appropriate.

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.

Managerial competencies:

• Strong multi-lingual and stakeholder management skills recommended
• Good communicator

Required education :

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

Languages :

• Full proficiency (written and spoken)

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. 

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