L&H Technical closing and controlling expert

Company:  SCOR
Location: Paris
Closing Date: 18/11/2024
Salary: £60 - £80 Per Annum
Type: Temporary
Job Requirements / Description
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. As part of the L&H technical closing team, the main responsibilities are: Be able to have an E2E view of Group financial statements production, from SAS to BFC. Closely work with the L&H Central Actuarial team to ensure proper alignment of IFRS 17 components with actuarial expectations. Be able to answer to ad hoc questions from local teams on IFRS 17 Group figures. Be heavily involved in the improvement of the target closing processes and be a key contributor to IFRS 17 stabilisation. Be pro-active into suggesting best practices around local entities via training/workshops to ensure local entities leverage from central team knowledge. The role while based in Paris, may require occasional 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 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. 4/ Support the Group Transformation & Simplification initiatives: Propose automation solution / simplification to ease the L&H Technical closing. Participation to the IFRS 17 stabilisation project via proposing way for simplification/granularity rethinking/discussions with FP&A / Central Actuarial Teams for an optimized process. Be a support for local IFRS 17 implementation. Required experience & competencies 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 matters of interest. 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 prioritize 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). 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
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