Longevity & Finsol Performance Analyst

Required experience & competencies

Experience:

Essential

• Newly Qualified Actuary upwards

• 5 years' life insurance/pensions/reinsurance/consultancy experience

• Attention to detail

• Highly organised and ability to coordinate across teams

• Excellent communication skills (written and oral)

• Professional and confident presence

• Ability to work to tight deadlines

• Good team working and collaboration skills

Preferred

• Understand the Financial aspects of Longevity/Finsol reinsurance, including collateral

• Work within a pension/annuities office

• Understanding of the regulatory reporting environment as well as Solvency II and IFRS17.

• Computer literacy with special focus on Microsoft Word (Advanced), PowerPoint (Advanced) and Excel (Expert - at least familiarity of pivot tables and macros)
• Other coding languages - e.g. Python, R - would be an advantage.

Required Education

• Undergraduate degree

• Newly Qualified Actuary

The ambition for the L&H Performance team is to steer the L&H portfolio for future performance rather than just acknowledge past performance, helping SCOR develop a competitive advantage to outperform peers' profitability. The Longevity and Finsol performance analyst will play a key role in the L&H Performance team, enabling the successful delivery of Longevity and Finsol profitable growth ambitions, working closely with the business teams to provide business insights, planning and actuals vs. expected analysis.

The successful candidate will be exposed to a wide range of tasks including:

Performance analysis

• Own the aggregation and analysis of quarterly Key Performance Indicators (KPIs) across Macro Markets for the longevity and Finsol product lines with active involvement in the landing process, quarterly finance memos and business planning exercises.

• Improve the understanding, reporting of and accuracy of key metrics including New Business CSM, Risk Margin, Risk Adjustment, CSM and S&P Capital.

• Review and critique the annual Experience Analysis produced by the longevity/Finsol teams across the portfolios and reconcile to other KPI as appropriate, as well as any specific ad-hoc analyses on the portfolios as part of performance reviews

Data

• Assist the L&H Performance Team and broader Finance team in improving data quality

Communication, stakeholder management and change management:

• Ensure that the finance view of performance is clearly communicated within finance and L&H

• Promote the adoption of new Performance KPIs explaining the drivers and implications clearly to all stakeholders

• Provide effective and timely communication of financial performance results to management

• Communicate within Finance teams to ensure consistency of understanding and messages

Transformation and simplification

• Responsible for simplifying and transforming relevant processes such that majority of time is devoted to analysis of results versus production of figures (80/20 split expected between analysis/production)

• Contribute to development of tools within context of wider group developments and to adoption of available technology in order to maximise the efficiency of our processes.