What are the responsibilities and job description for the Senior Financial Analyst - Technical Close position at SCOR?
Job Description
Responsibilities include analyzing the technical results for accuracy and identifying any necessary adjustments. This position will provide analytics on major drivers of quarterly results while adhering to strict timelines for the closing milestones, audits and management reporting. This position is required to interact and partner effectively with counterparts in Group Closing, Technical Accounting and Claims.
This candidate should possess the ability to manage multiple deliverables concurrently, collaborate well with others, analyze data to effectively explain and report the results to all stakeholders. Strong written and oral communication skills are required to clearly convey findings. The ideal candidate will take ownership of their work, proactively addresses challenges and demonstrate a commitment to delivering high-quality results on time. An understanding of accounting, statutory principles and the insurance / reinsurance industry is preferred.
Responsibilities
- Review quarterly estimates for accuracy including recalculations of premiums, commissions, reinstatements etc.
- Investigate possible anomalies during analysis of the PL for the portfolio and prepare adjusting entries (Assistance Entry "AE") for booking into the reinsurance system, OMEGA, when needed.
- Monitor large loss movements and enter adjusting entries ("AE") for changes in additional case reserves.
- Run the closing BO control reports during closing period and evaluate balance movements for accuracy. Coordinate with Group Closing to book adjustment entries to the reinsurance system
- Provide a comprehensive and informative analysis for the quarterly internal landing P&L results with an emphasis on :
Division
Qualifications
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 still 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.
In compliance with local law, we are disclosing the compensation, or range thereof, for roles that will be performed in New York. 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. Pay Range : $105,000 - $130,000 salary per year. 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."
About Us
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.
Salary : $105,000 - $130,000
