This position is part of the US Life & Health Finance Team, which is responsible for financial activities and reporting associated with SCOR Bermuda Life Company (SBL), including the following:
Oversee annual filing and correspondance to Bermuda Monetary Authority (BMA) on financial matters
Create and maintain process documentation, including the identification of risks and proper mitigating controls.
Monitor systems and processes to ensure internal controls are implemented and effective
Effectively implement and utilize tools to help improve the efficiency of the work
Work with internal and external auditors
This position offers an exciting opportunity to be part of an expert team working in a fast paced and dynamic environment. The role offers the opportunity to work with a wide range of stakeholders across finance and actuarial teams in the US but also with global teams across the SCOR Group.
This role will be responsible for the design and implementation of the control environment:
Create and maintain process documentation, including the identification of risks and controls
Ensure key controls are implemented and operating effectively
Capture control evidence and share with management, internal auditors and external auditors as needed
Develop a process to maintain and update documentation on a regular basis
This role is responsible to deliver the following for SBL’s IFRS results within the SCOR Group which accepts US business:
Financial Reporting: Serve as the first-level review of quarterly and annual financial statements (balance sheets, income statements, footnote disclosures, etc.) prepared by the Senior Associate, Financial Accounting & Reporting.
General Ledger Management: Oversee input to the general ledger, including balances and activity owned by other teams (e.g. Tax, Actuarial, Investments)
Regulatory Compliance: Ensure compliance with Bermuda regulatory reporting requirements.
Audits: Organize and participate in external and internal audits to ensure accuracy and compliance.
The role will have a clear focus on transformation and simplification:
Review and enhance the process to produce SBL results, focusing on building an efficient process throughout the chain which allows delivery of high-quality analytics and insights. Working closely with the wider finance and actuarial teams to deliver on this.
Identify opportunities for simplification and propose solutions.