Solvency II Financial Controller

As part of the quantitative production process, you will be responsible for ensuring that the related SCOR Solvency II policies are properly documented. You will be involved in several projects of the SCOR Group to ensure Business as Usual (BaU) of the Investments quantitative reporting, including the further development of the tools and implementation of related processes as well as contribution to the organization and production of qualitative reporting information aspects of the SFCR and the RSR. You will integrate into a team responsible for the timely production of the SCOR Group’s quantitative reporting under Solvency II (Investment QRTs) and the narrative reporting. The team must ensure that solo EEA entities can access the information necessary for the production of the necessary quantitative reporting requirements at their level. Your responsibilities will also include the enhancement of SII standard setting and Investment reporting processes. You will have an in-depth understanding of the quantitative and qualitative reporting requirements and a general understanding of the SII reporting landscape related to Investments. Your initial priority will be the support of the production of the Investment QRTs for SCOR Group and the solo entities and other Investment deliverables. As part of this exercise, you will document detailed processes on data sources, quality, and improvements needed. This will enable you to contribute to the further development of the IT architecture for Solvency II, which is managed by the IT function. You will ensure that policies and principles relating to the preparation of the quantitative Solvency data are properly documented. In addition, you will participate in the production of the narrative reporting for the Investment part. Objectives Support the production of the Investment QRTs and Investment P&L attribution following regulatory requirements for SCOR Group and the solo entities as per agreed deadlines by performing: Data collection (creation and enhancement of specific collection templates, data extractions, and follow-up on the submissions received) Data Quality Control (reconciliation checks to SCOR’s accounting ledgers; completeness and quality data checks) Ensure Group and solo quantitative reporting process includes reconciliation of data to other key financial data (i.e., EBS and IFRS) Enhance current processes and controls to industrialize report production in the reporting tool selected by the SCOR Group Manage the IT architecture developments and projects with close relations to SII with a view to improve the industrialization and future reporting processes Participate in regulatory watch (EIOPA, ECB, etc.) and ensure processes and positions are updated as needed Document SCOR SII positions (i.e., valuation principles and others) and ensure proper sign-off approval and regular updates Document detailed processes and improvements required on data sources used for Investment QRTs production Work closely with CoE team leveraging IFRS standards, URD processes, etc. Participate in the production of the SFCR and RSR for the Investment part Ensure consistency of SII disclosures with other financial reporting and communications In your role as Solvency II Controller, you work closely with other departments of the Finance and Risk community, particularly with other teams of Solvency II, capital, and risk management. Relating to Solvency II regulations, you are perceived as a global resource and a key contributor to SCOR and the finance staff at the different locations Ensure ICS controls are relevant and up to date Proactively be involved in any process upgrade and improvement. The responsibilities of this position can evolve according to the Group’s requirements. Required experience & competencies Minimum three years of working in a financial reporting team of a publicly traded company or Big 4 audit company Good understanding of Solvency II, IFRS accounting regulations Team player, collaborative spirit Ability to reduce complicated factual contents to the essentials. Good Excel skills Excellent French and English Desirable Proven work experience within Solvency II environment Personal Competencies Good communication skills Conscientious, curious, and enthusiastic. Well organized, efficient, and autonomous. Analytical and thorough. Able to identify and summarize the main issues in clear, unambiguous, and simple language Ability to communicate and forge constructive relations across the various entities of the Group. Flexible and reactive in order to respond to a constantly evolving environment. Required Education BAC +5 in finance At least three years in reporting department of publicly traded company or Big 4 audit firm Experience in financial accounting, ideally in a reinsurance/insurance company Experience in Consolidation (would be a plus!) Know-how of international accounting standards (IFRS) Good IT skills, SAP Know-how would be a plus (SAP General Ledger/Consolidation) 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. #J-18808-Ljbffr