Actuary/Analyst (Business Performance Integration)

This cross-functional expert position will interact with the individuals within the Continental Europe & LATAM Business Performance teams as well as with the Finance and Markets teams and will be the integration bridge between all these teams to ensure coordination and seamless communication.

The context of the market and the Forward 2026 strategic plan requires a good track of new business opportunities, some of them quite different from the traditional core nature of our portfolio as well as an excellent business in-force management.

The follow up and monitoring of those is critical. To make a state-of-the-art local BA&TA is key to assure that Forward 2026 strategic plan is met.

Effective cross-functional coordination is essential for seamless collaboration among the different teams within the organization (closing, FP&A, reserving…) to avoid duplication of effort and to ensure that all team members are working towards a common goal.

Responsibilities

Reporting to the Head of Business Performance Continental Europe & LATAM, your responsibilities will be cross-functional:

Closing coordination & integration

• Support markets in their closing reviews and analysis by liaising with the Closing and Reserving teams to ensure adequate coordination.
• Research and convey to the Finance team technical accounting issues, deviations that are identified during the closing reviews performed by Continental Europe & LATAM teams.
• Actively participate to the definition of the various activities to be performed to ensure the accuracy of the Continental Europe & LATAM teams figures.
• Create financial analysis / reports to validate actual earnings. Perform analysis to identify main drivers of variances to prior periods and to expected results.

Plan coordination & integration

• On a quarterly basis, produce figures summary with appropriate commentary on the key sources of deviation against plan for each market to support the EMEA FP&A team.
• Coordinate with Continental Europe & LATAM and EMEA FP&A teams the information needed to ensure accurate and timely delivery of the business plan figures.

Business follow-up

• Facilitate analytical review of operational processing and output focusing on fluctuations in financial activity and operating standards.
• Identify and research issues, draw conclusions, make recommendations, communicate, and summarize issues of significance.
• Analyse and check technical provisions using the tools provided, share, and communicate with EMEA reserving team to ensure the plausibility (if needed).
• Manage and resolve complex financial business issues and problems through research and interaction with internal departments.
• Participate in ongoing process improvement efforts, identify opportunities to increase operational efficiency.

Reporting stream

• Produce ad hoc analysis and reporting on defined perimeter for business follow-up & performance. Consolidation of data and reports.
• Develop a toolkit to easily produce any required split of various financials from these markets.

Retrocession stream

• Ensure the management and accounting of specific external retrocession.

IFRS17

• IFRS17 – Translation and explanation of the impacts of the projection modifications.
• Quarterly follow-up of the IFRS17 KPI’s.

Auditors

• Help defining the control framework for audit purposes and serves as liaison for internal and external audits requests for these markets.
• Assists with internal and external audit requests as needed in a timely manner.

Other duties

• Support the Head of Business Performance WELA with the timely communication on regular BAU activities (including ad-hoc business analysis), transformation activities as well as in the development of remaining IFRS17 solution.
• Support transversal projects across the teams
• Participate to ad hoc projects or workstreams as needed.

Qualifications

Experience and competencies

• From 3 to 5 years' experience in reinsurance (ideally insurance)
• Strong accounting analysis and financial systems skills
• Ability to identify, quantify and analyse problems, be able to relate them to the big picture: draw conclusions, recommend, and implement viable, measurables solutions.
• Ability to handle priorities / projects concurrently.
• Proficient PC skills in a Windows environment, including Excel, Access, Word & Power Point
• Have an extensive knowledge in Microsoft Office, Power BI and Business Object or SAP Web Intelligence.

Personal competencies:

• Committed to meeting deadlines and delivering accurate results.
• Attention to detail.
• Excellent verbal and written communication skills; proven success communicating effectively at all levels of the organization.
• Team spirit: be willing to work with other people
• To be responsible, helpful, methodical, and multi-purposed.

Required Education

• Actuarial degree
• IFRS17 deep knowledge
• Specialisation in data analysis would be appreciated.

About us

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.

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.