Insurance Reporting Analyst

Job summary

The Reporting Standards Center of Excellence is an internal advisory team responsible for:

• Producing and owning the content relating to accounting standards  in several annual and interim reports (URD, Half-Year Report, Climate Report);
• Reviewing external disclosures to provide a second line of review and ensure statutory compliance of financial publications
• preparing Group Executive Committeee (COMEX) and Group Audit Committee presentations on large complex accounting transactions and external reporting , as well as contributing to the governance processes over the Group wide accounts.
• reviewing complex transactions, in line with IFRS and local accounting standards, reviewing the business documentation and drafting the corresponding accounting memos, in collaboration with business units, local teams, etc;
• leading the progressive development and alignment of sustainability reporting into audit ready processes building on financial reporting best processes and infrastructure to support the implementation of CSRD in SCOR
• monitoring IFRS 17 and local accounting standards developments , analysing their impacts and coordinating IFRS or other financial lobbying activities;
• preparing and conducting IFRS trainings for the finance community
• developing and documenting SCOR’s accounting interpretations and positions 
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The CoE is also regularly involved in projects impacting financial reporting.

Key duties and responsibilities

The Insurance reporting analyst will be in charge of the accounting analysis and preparation and communication of SCOR accounting policies and position papers. 

As a member of the Reporting Standards Center of Excellence team, they will also regularly participate in the other missions of the department, such as:

• in solving IFRS accounting questions and issues through thorough facts finding, research on technical aspects and applying existing SCOR accounting guidance. 
• Build knowledge in non-IFRS and other reporting standards to be able to support business decision makers by assessing impacts in a multi-norm framework.
• Participate in the review of accounting treatment of deals, transactions and finance projects
• Contribute to and support research and knowledge sharing topics led by other CoE team members including monitoring of accounting standards news and developments.
• Draft accounting memos and documents supporting the audit on a range of accounting issues treated 
• Draft the group wide accounting policies and be responsible for subsequent updates and ongoing improvements as required;
• Contribute to URD and HYR process (producing relevant content, reviewing and reading draft reports) including integration of the sustainability reporting and its into the annual reporting;

Member of the following committees: e.g. Audit committee, Investment committee…

 

Required experience & competencies

Experience:

• Industry knowledge of (re)insurance business, in particular P&C business
• Very good knowledge of IFRS 17
• Experience in auditing and analyzing consolidated financial statements
• 5-7 years of working in a Big 4 and/or similar experience in industry (reinsurance industry preferably, with expertise in P&C business)

Personal competencies:

• Well organized, efficient and autonomous
• Flexible, proactive and responsive in order to thrive in a constantly evolving environment
• Excellent analytical skills
• Team player, collaborative
• Issue resolution skills / solution oriented
• Excellent English and French required (reports / discussions in both languages)
• Excellent verbal and written communication and presentation skills – able to communicate clearly and concisely verbally and in writing to senior management
• Leadership and project management skills, stakeholders management

Digital competencies:

• Proficient in Microsoft Office products and workplace tools

Required Education 

University degree, business school or other “Bac+5” equivalent