At a Glance
- Tasks: Analyse financial performance and maintain Key Performance Indicators for Longevity and Finsol portfolios.
- Company: Join SCOR, a leading global reinsurer with a focus on innovation and collaboration.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Dynamic role with a focus on data accuracy and stakeholder engagement.
- Why this job: Make a real impact in financial planning and analysis while working with industry experts.
- Qualifications: Newly Qualified Actuary with 5 years of relevant experience and excellent communication skills.
The predicted salary is between 56700 - 69300 £ per year.
The role will provide the link between Longevity and Finsol teams and Financial Reporting on the various financial aspects of the portfolios, with a particular focus on financial planning and analysis. The Longevity and Finsol performance analyst will be a key contributor to the SCOR Group’s planning, financial analysis and performance analytics processes, participating in the various deliverables in that context and providing insight and expertise on the Longevity/Finsol specifics and SCOR’s longevity/Finsol portfolios.
In the context of the broader performance analytics framework being developed at the SCOR Group level, he/she will be responsible for proactively maintaining a full set of Key Performance Indicators (KPIs) across the portfolios to help key stakeholders (Executive committee, Finance, the Life & Health Business unit) understand how the portfolios are performing. The candidate will need to work across teams to ensure data accuracy is maintained and key metrics are fully understood and reported accurately.
The post holder will be expected to communicate with a broad range of audiences on the longevity and Finsol KPIs and so will require excellent communication skills and a professional and confident presence.
SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.
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
- 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 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.
- Assist the L&H Performance Team and broader Finance team in improving data quality.
- 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.
- 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.
Longevity & Finsol Performance Analyst in London employer: SCOR Global Life
SCOR is an exceptional employer that fosters a collaborative and inclusive work culture, where employees are empowered to thrive through shared values and innovative thinking. As a Talent Acquisition Specialist, you will have the opportunity to engage with top industry professionals while contributing to meaningful projects that enhance societal resilience. With a strong focus on employee growth and development, SCOR offers a dynamic environment that encourages creativity and supports diverse talent across its global operations.
StudySmarter Expert Advice🤫
We think this is how you could land Longevity & Finsol Performance Analyst in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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Don’t shy away from reaching out directly to firms like SCOR Global Life. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Longevity & Finsol Performance Analyst in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to SCOR Global Life.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on SCOR Global Life's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at SCOR Global Life
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with SCOR Global Life.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at SCOR Global Life will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former SCOR Global Life employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
