P&C Performance analyst

Company:  SCOR Group
Location: Paris
Closing Date: 17/10/2024
Salary: £60 - £80 Per Annum
Type: Temporary
Job Requirements / Description
As part of the P&C Performance team and within the Reserving and Economic & Capital Performance department, the employee is expected to contribute to the monitoring of the Performance of the P&C Business Unit, providing insightful analyses, and participate in the challenge of building a set of analytics to support Performance needs.ResponsibilitiesAs part of SCOR’s Reserving and Economic & Capital Performance (RECP) department and within the P&C Performance team, the P&C financial analysis team manages P&C landing activities and financial analysis (Landing of net results, comparison with Plan targets, comparison with past periods, communication to P&C CEO and Group CFO, quarterly performance analyses, RECP and global initiatives). The team works very closely with the rest of the Economic and Capital performance functions (in particular P&C Reserving, Corporate performance and P&C Business Partner), other Finance teams (Accounting, Reporting, Investors relations, Risks partnerships), as well as P&C Business functions (Retrocession operations, Claims, Underwriting).Under the management of the Head of P&C Financial Analysis, the employee’s responsibilities will be the following:Analysis of quarterly financial statements focusing on retrocession, performance measurement, variance analysis vs. Plan and Landing; elaboration of a quarterly analytical and reporting package, participation in the elaboration of internal and external presentations.Support senior management by producing decision-support analytics.Provide insights and expertise on SCOR’s IFRS 17 retrocession results by producing performance analysis under IFRS 17, ensuring we can bridge to the financial strategy and manage communication in a consistent manner.Contribute to financial analysis to support key Business Unit strategic deals or projects, providing insights on financial impacts across all bases and key metrics.Control data quality (from the production of the figures until communication).Ensure deadlines are met and contribute to the strong coordination of the various dependencies within the production process.In addition, the employee is expected to actively:Establish strong relationships with Retrocession teams (Underwriting and Operations), P&C Business Unit, Closing teams in link with the analysis of performance.Develop strong collaboration with the wider Reserving and Economic/Capital Performance team working in an agile and transversal mode to support the Performance framework.Support the growth and development of the team, notably by:Participating in initiatives to automate current processes.Creating opportunities for the team to expand their knowledge and expertise across P&C.Maximizing the use of technology and partnering with other functions to achieve ambition related to transformation within the Finance framework.QualificationsRequired experience & competenciesBetween 3 and 5 years as an actuary or financial analyst with P&C background preferably in a (re)insurance company finance or consulting firm.An experience in retrocession would be an advantage.Strong appetite to automate and digitalize processes.Knowledge of IFRS 4, IFRS 17 and Solvency II.Strong Microsoft Excel and PowerPoint skills.Fluency in French & English (written and spoken).Required EducationDegree in Actuarial Science or Master degree (or above) in Finance/Audit/Controlling from Business School with strong analytical skills. #J-18808-Ljbffr
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