Chief Financial Officer - SI

This role is a key management position reporting locally to the CEO of SI and functionally to the Group Head of Reporting and will participate fully in supporting the Group Finance function. The CFO will also be responsible for working with a broad range of stakeholders, including the Board, internal and external clients, the CBI and other regulators, as well as other parts of the SCOR Group.

Duties to fulfil this role include:

Lead the relevant teams to ensure key financial reporting requirements are met.

Ensure appropriate processes and policies are in place for both Solvency II and Irish Companies Act reporting (IFRS17) purposes and timely production of all relevant regulatory and legal reporting requirements, including the calculation and review of actuarial reserves.

Timely production of all Group financial reporting requirements including the actuarial reserves and related documentation in compliance with the Group timetable and the Group accounting standards (IFRS).

Accurate IFRS and statutory investment accounting, including asset classification policy, reconciliation of asset portfolios, reviewing any potential impairment issues, etc.

Manage the ongoing financial activity of SI.

Provide management information to manage the business day-to-day.

Prepare financial business plans - including solvency, capital, and dividend planning.

Ensure tax compliance, planning, and advice as necessary.

Provide financial input to large and/or special deals.

Oversee collateral processes and activity of SI.

Manage relevant treasury activities subject to defined Group policies.

Conduct periodic performance reviews of the management of SI's invested assets with Group teams.

Drive process improvement and operational efficiencies through the strategic implementation of automation technologies and innovative solutions.

Provide necessary business partnering support to the SI CEO in developing new business opportunities.

Act as the main financial business partner to the SI Board and local management.

Advise the SI Board on all finance, tax, and actuarial valuation related matters.

Participate in any local Committees that require financial input.

Ensure that all local statutory, regulatory, and tax filing requirements are carried out to the appropriate standards and deadlines.

Oversee and manage the SI cashflow activity and ongoing engagement with the Risk Function in relation to the review and management of the SI liquidity position ensuring SI's ability to pay liabilities as and when due.

Proactively engage with the SI CEO, Risk Function, Board, SIP, and Group in relation to investment strategies and the optimal investment of assets to minimize volatility on a regulatory and IFRS basis.

Play an active role in relevant reserving governance and financial oversight committees.

Chair the P&C Reserving Committee.

Ideal Experience:

Previous experience at CFO level (or in an equivalent senior financial role) in a significant financial services business - preferably in the insurance/reinsurance sector.

Experience in managing and motivating teams of Actuaries and Accountants in a complex business environment.

Experience of operating at Board level and liaising with the CBI, or equivalent regulator.

Personal Competences:

Excellent interpersonal skills to quickly develop good working relationships both locally and throughout the SCOR group.

Strong aptitude, with the ability to quickly bring existing skills and knowledge to bear on new challenges.

Strong communication skills with the ability to explain highly technical and complex issues to both technical and non-technical audiences.

Excellent leadership skills to lead, motivate, and develop teams of professionally qualified Accountants and Actuaries, meeting the needs of the local business and providing a source of talent for the wider SCOR Group.

Highly organized with the ability to manage and report on multiple and competing priorities and to meet deadlines.

Results driven with a passion to lead by example when it comes to producing deliverables of the highest quality, with an emphasis on structured presentation and attention to detail.

Required Education:

Qualified Actuary or Accountant with at least 10 years PQE.

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.

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