Head of Performance Management, Mature Market Apac - Singapore - SCOR

SCOR

Verified Company

Singapore

1 week ago

Posted by:

Wei Jie

beBee Recruiter

Description

The Head of Performance Management, APAC Mature Market will support the Head of Performance Management, APAC in delivering all performance reporting, planning and analysis functions for L&H and P&C, including quarterly financial analysis, closing/reporting, financial planning and forecasting, expense analysis, as well as ad hoc business analysis for senior management.

There is a specific requirement of this role to be a strong communicator to all stakeholders, including but not limited to Market managers, other finance teams with Asia Pacific and Head Office, and senior management.

Quarterly financial reporting and performance management:

Lead the quarterly financial reporting process for IFRS 17 with strong business acumen including detail variance analysis (actual vs plan, actual vs prior year) and the underlying business drivers;
Lead the landing process in collaboration with Business, Valuation and Technical Accounting teams to identify the early business developments for the quarter and timely execution of business steering where relevant;
Effective and timely communication of financial performance results to APAC management team cross L&H and P&C;
Streamline the quarterly financial reporting process and requirements across L&H and P&C;
Lead and integrate Performance Management team into other finance functions to synergize and streamline the flow of analysis and business message consistently.
Establish a holistic bridging analysis across all reporting bases (i.e., group reporting standard, local GAAP, market view, entity view) cross L&H and P&C;

Operating planning and forecast for financial performance

Lead the production process of IFRS 17 Operational Planning for the APAC Mature Market to ensure timely submission, good data quality and documentation of business drivers /key risks to plan;
Lead the production process of local GAAP income statement and balance sheet for all APAC Mature Market entities across L&H and P&C in collaboration with Valuation and Finance teams;
Effective communication of plan progression for each iterations of operating plans and the corresponding plan assumptions / key risks to plan;
Support Capital Management Team to provide Operating Planning to allow for capital forecast.

Team supervision - manage day to day operations of the team

Manage 3 direct reports, supporting Head of Performance Management, Mature Market, APAC to oversee the daytoday operations;
Support the Head of Performance Management, APAC with the timely communication on regular BAU activities (including adhoc business analysis) and transformation activities.

Required experience & competencies Experience**:

710 years of relevant working experiences in fields related to insurance/reinsurance/accounting, preferably with at least 5 years in actuarial, accounting, reporting matters and data analysis or insurance audit
Very strong Actuarial or Accounting and IFRS knowledge, with insurance context
Solid data management skills
Strong experience on communication of complex financials to multiple stakeholders
Strong analytical and conceptual competence
Able to handle issues from macro perspective and delve into details when needed
A strong multitasker and preferably have good project management experiences

Personal Competences:

Innovative, versatile & committed
Excellent Excel skills, preferably VBA, macros usage
Possess good project management skills set
Excellent analytical skills
Great communication and interpersonal skills
Selfmotivated and reliable individual
Leadership experience would be helpful, but not a must

Required Education

University degree in Actuarial or Accounting

SCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk.

Leveraging experience and expertise to deliver "The Art & Science of Risk", SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk - from Life & Health and Property & Casualty insurance to Investments.

Our specialized teams operate in over 160 countries, fostering long-term relationships with clients.

In order to provide our clients with a broad range of innovative reinsurance solutions, SCOR pursues an underwriting policy that is founded on profitability and supported by effective risk management strategy and a prudent investment policy.

This approach allows us to offer clients an optimum level of security, to create value for shareholders, and to contribute to the welfare and resilience of society by helping to protect insureds against the risks they face.

At SCOR, we believe that employing people from different backgrounds and ensuring inclusivity is a major driving force for the success of the Group.

We are committed to fostering a work environment in which all employees are treated fairly and respectfully, have equal access