Jobs · Accounting · New York

Senior Associate, Finance

SCOR · New York, NY · Yesterday
Accounting$92k–$112k/yrFull-time

About the role

The candidate will support the AVP, Finance Business Partner on ad-hoc projects and provide data as requested for (but not limited to): Management Reporting Packages, Board of Director's Meetings, Quarterly Analytics presentation, Pro Forma maintenance, and Data Requests from Third Parties. The candidate will assist in ensuring the accuracy and quality of financial information contained in the financial statements.

Responsibilities

  • Perform and coordinate processes as outlined below.
  • Quarterly Analytics: Assist in developing expectations of technical results for each quarter (US STAT/IFRS 17), compare expectations to actual results by division/LOB/UWY, assist with the review of retro results to ensure they are in line with expectations, investigate any significant variances, work with technical closing, claims, reserving, and underwriting to comment on the quarterly activity.
  • Quarterly Landing: Work with the local technical closing team to help prepare a quarterly landing summary file explaining the technical results for the period (US STAT/IFRS 17), compare the landing with the operating plan and provide insightful commentary, update as needed throughout the quarter close.
  • Reoccurring Presentations: Assist in preparing the presentations for the Audit Committee and Board of Director's meetings, assist in preparing any external presentations including but not limited to regulators, rating agencies, and auditors.
  • Financial Planning & Analysis: Provide support for the annual strategic plan process, including reviewing assumptions and providing feedback, maintain three-year statutory pro formas for all legal entities for capital management and tax projections.
  • Local Solvency Planning and Monitoring: Assist in projecting expected RBC for a three-year period, assist in performing stress tests to assess ability to absorb adverse scenarios, monitor capital adequacy and evaluate opportunities for potential transactions/capital repatriation.
  • Accounting Issues: Contribute to the maintenance of accounting records to ensure compliance with relevant accounting standards, research and convey to the Finance team technical accounting issues that are identified.
  • Other: Assist with special projects and ad hoc requests outside the day-to-day operations, assist with impromptu requests from CFO/Controllers in the Americas (Canada, Brazil, Argentina, etc.) to ensure the companies are aligned with finance directives from the Group and relevant information is shared in a timely manner.

Qualifications

  • Moderate degree of accounting and (re)insurance related knowledge and foundational knowledge of International Financial Reporting Standards and Statutory Accounting Principles.
  • Professional Experience: Approximately 3-5 years of accounting or (re)insurance experience, public accounting or advisory services a strong plus, working knowledge of financial reporting standards, such as International Financial Reporting Standards (IFRS) and Statutory Accounting Principles (SAP).
  • Requisite Skills: Strong financial analysis skills, proficiency in Excel, PowerPoint, Power BI, Foundry/Business Objects proficiency a plus, strong oral and written skills, ability to work collaboratively with the Finance team to meet strict timelines.
  • Desired Education: Bachelor's degree in Accounting or Finance, Certified Public Accountant designation a strong plus.

Benefits

Medical, vision, and dental coverage, 401(k) Plan with a competitive match, Company-funded Defined Contribution Retirement Program, Life and AD&D insurance, Long- and Short-Term Disability, Flexible Parental Leave, Unlimited Sick Days, Volunteer Time, Summer Fridays, Learning & Development Resources, Personal Wellness Tools and Rewards, Competitively priced gym memberships from a large nationwide network of gym brands and local fitness studios, and more!

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