Senior Associate, Financial Accounting & Reporting

About SCOR: 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.

Job Summary: As a member of our dynamic and fast-paced team, The Senior Associate will play a crucial role in contributing to our collective success. They will work closely with a diverse group of professionals, collaborating on various projects and initiatives. Their ability to be flexible, manage multiple tasks and prioritize effectively will be essential. We value teamwork, and their contributions will be integral to achieving our goals.

Responsibilities include supporting quarterly close, prepare journal entries, complete account reconciliations, research variances, assist with process documentation and ad hoc projects. Working with multiple accounting software systems (Everest, Omega, SAP) to retrieve and analyse data to verify completeness and accuracy of financial information and reports. The position will work with Operations, Business Services & Analytics and SCOR affiliate entities to research and explain variances. It will also support financial close and reporting for TPA client.

Key duties and responsibilities

• Perform the calculation, preparation, and recording of journal entries during financial close in multiple systems
• Analyze and reconcile large volumes of data to determine accuracy and completeness of financial results
• Prepare quarterly reconciliations and perform account analysis with detailed explanations of variances
• Prepare various financial reports and schedules for internal and external clients
• Work with Operations to identify and promptly resolve variances and anomalies
• Support analysis and inquiries from Business Services & Analytics, Financial Reporting group and SCOR affiliates
• Work cross-functionally to support corporate initiatives and implementation of best practices
• Maintain process documentation and drive improvements for existing processes
• Monitor systems and processes to ensure internal controls are in place and effective
• Assist external and internal auditors to help understand processes and provide the necessary control support
• Support ad hoc projects and other duties as assigned

Required experience & competencies

• Bachelor's degree in Accounting, Finance, or relevant work experience
• 3-5 years of accounting experience, preferably within the financial services industry
• Advance proficiency in Microsoft Excel and ability to consolidate, manipulate, analyze and summarize large sets of financial data
• Ability to learn quickly and work effectively in fast paced environment
• Strong interpersonal skills along with excellent verbal and written communication skills
• Must be able to work effectively as part of a team and independently
• Experience with multiple Legal Entity structure is helpful
• High attention to detail, solid analytical and critical thinking skills with strong problem-solving ability

Candidates must have valid authorization to work in the U.S. without the need for employer sponsorship now or in the future.

At SCOR, we CARE about clients, people, and societies, and we are committed to placing them at the center of everything we do. Providing great benefit choices to you and your family is just one of the ways we support the physical, financial, and emotional well-being of the people who make our company successful - you.

Benefits We Offer

• 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!

Hybrid Work Policy: SCOR is committed to an "in office" culture where people can collaborate, exchange ideas, and establish stronger working relationships while still providing flexibility. To support employee work-life balance and increase opportunities for employees to excel every day, SCOR operates with a hybrid working arrangement. SCOR employees work 3 days per week in an office with the flexibility to work 2 days per week remotely.

Pay Range for roles performed in NC & KS: $78,000-$92,000 base salary per year. Actual salaries may vary based on various factors including but not limited to location, experience, role and performance. The range listed is just one component of SCOR's total compensation package for employees. Other rewards may include annual bonuses, short- and long-term incentives. In addition, we provide a variety of benefits to employees, including health insurance coverage, life and disability insurance, a retirement saving plan, paid holidays and paid time off.