Senior Specialist Accounting StandardsSCOR

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.

SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.

The Reporting Standards Center of Excellence is an internal advisory team responsible for several missions.

- Developing, producing, and documenting the accounting methodology and reporting policies (IFRS, FGAAP, CSRD, S2 EBS).

- Ensuring regulatory and statutory compliance of the Group's financial and non-financial publications with the above standards and reporting key accounting topics to the Audit Committee and contributing to the governance of consolidated accounts.

- Reviewing complex transactions in accordance with IFRS and locals GAAP standards, drafting and reviewing accounting memos in collaboration with business and local teams.

- Monitoring the evolution of existing and new of reporting standards and guidelines , analyzing the impacts, and coordinating regulatory watch activities through participation in various industry bodies, working groups and forums

- Analyzing business and financial reporting problems to assist ALM, Capital Management, Financial engineering and other deal and transaction initiatives in achieving desired outcomes

- supporting complex Life and Health financial transactions as a subject matter experts as well as the elaboration of new Fin Sol proposition.

- Preparing and leading IFRS training sessions for the finance community.


Key duties and responsibilities

* Be the technical life insurance and investment expert within the Reporting Standards team.
* Consult and advise internal and external business and client teams on reporting and accounting topics related to the executions and development of new solutions and financial solutions reinsurance products with risk transfer and hedge accounting considerations and contribute to developing products that provide client solutions, etc.
* Provide technical insights and formal SCOR positions on insurance methodology topics in a multi-norm context (such as contract boundaries, homogeneous groups of contracts, level of aggregation, discount rates, acquisition costs, attributable expenses, etc)
* Actively participate to regulatory watch and analysis and anticipation of impacts for SCOR of developments in Solvency II and financial reporting standards
* Participate as a reporting standards expert in cross-functional projects (ALM, Treasury, M&A, Alternative Solutions, Finance Transformations, etc.).
* Draft or review accounting memos for audits on various topics related to the above activities



Key Stakeholders

* Auditors
* Group Consolidation, Life Technical Reporting Teams
* Local Finance Teams
* Business Performance Team
* Life Business Partners
* Financial Solutions Teams
* Life New Business and Product Development Teams

Internal and External Clients

Required experience & competencies

* Experience in the (re)insurance sector, with a life actuarial and/or investment accounting background.
* Strong knowledge of IFRS 17 and FGAAP accounting standards.
* 7 to 10 years of experience in a Big 4 firm and/or the industry (reinsurance preferred, P&C expertise).
* Experience with ALM or structured products
* Ability to work as part of a team, collaborative, problem solver and solution-oriented.
* Senior stakeholder management skills.
* Excellent verbal and written communication and presentation skills - able to communicate clearly and concisely verbally and in writing to senior management and clients



Managerial skills (if applicable):

N/A



Required Education

Advanced degree (university, business school, or equivalent to Bac+5).