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- In coordination with underwriters, ensure the creation and update of reinsurance treaties and contractual data in OMEGA 2.
- Monitor, analyse and record the reinsurance accounts received from clients/agents/brokers in the dedicated OMEGA2 system. Verify that the information complies with the contractual terms and conditions, Manage REBs and claim technical balances (if needed). Book accounts received following the technical accounting processes in the Life division. Analyse and verify claims bordereaux (risk covered, premiums paid, ...), send to Medical & Financial UW& Claims team for review when needed. Manage technical sent & received settlements (if needed). Prepare and update estimates and projection figures by treaty/section in compliance with IFRS17 requirements. Update and upload projection figures in NS_MIND tool. Improves financial status by analysing results; monitoring variances; identifying trends; recommending actions to management & underwriters.
- Analyse and check technical provisions using the tools provided, share and communicate with EMEA reserving team to ensure the plausibility (if needed).
- Individual data management & upload in the dedicated system.
- Develop a cooperative relationship with client, to ensure the resolution of technical accounting issues.
- Assist with managing and resolving technical accounting issues and problems through research and interaction with underwriters & actuaries. Raise the necessary warnings, communicate status of issues effectively throughout the teams.
- Participate and collaborate in the Manage Technical accounting ICS controls.
- Contribute to the quarterly closing managing priorities: update ultimate projections, analysing variations, explain differences...
- Assists with internal and external audit requests as needed in a timely manner.
- Participate in ongoing process improvement efforts - identify opportunities to increase operational efficiency.
- 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.
- 5-years' experience or financial analyst junior or junior actuary
- To be rigorous
- Open-minded and dynamic
- Problem Solving, Process Improvement, Statistical Analysis, Reporting Research Results, Requirements Analysis, Financial Skills
- Have a good team spirit, be willing to work with other people and have an extensive knowledge in Microsoft Office and Business Object or SAP Web Intelligence
- To be responsible, helpful, methodical, and multi-purposed.
- Administration or Economic Degree
- 5 years' higher education in financial accounting
- A master's degree in actuarial science would be appreciated.
- Specialisation in data analysis would be appreciated.
- 5 years' experience in reinsurance (possibly insurance)
Financial Analyst - Paris, France - SCOR
Description
This position will interact with individuals throughout the French Business Performance team (Continental Europe & LATAM) and Finance teams to ensure that overall French business is processed accurately, timely and in accordance with treaty conditions, rights and obligations as well as facilitating analytical review of operational processing.
Key duties and responsibilities
Required experience & competencies.
Required Education