The role-holder’s primary responsibility will be to support SCOR’s P&C and Life Canadian operations. The role holder will support the Chief Compliance Officer and Corporate Secretary in all of their missions and conduct contract review and negotiations for SCOR’s Life operations. The role-holder will be expected to understand and respond to (as is appropriate) the commercial and business-related constraints and regulatory environment applicable to SCOR. The role holder will report to the VP, Chief Compliance Officer & Associate General Counsel – Canada and partner with a law clerk as appropriate.
Reporting to the VP, Chief Compliance Officer & Associate General Counsel – Canada, the Director, Compliance Manager and Contract Analyst will oversee regulatory filings and assist with corporate secretary functions and provide clear and operational advice to the Life business and local senior management when reviewing and negotiating new contracts.
Contract Analyst (Life)
- Review Life reinsurance contracts in both French and English for accuracy, completeness and consistency, including each party’s intent, compliance with regulatory requirements and corporate standards.
- Communicate in written and verbal form with stakeholders regarding contract wording, regulatory and compliance issues.
- Occasionally negotiate contract terms with counterparties (in French and English).
- Stay current on reinsurance contract wording developments; communicate importance and impact of wording changes to underwriters and managers.
- Effectively manage time and meet deadlines.
Compliance Manager (Life and P&C)
- Ensure timely and adequate filing of non-financial returns and other pertinent documents with all federal, provincial and territorial regulatory bodies, associations, etc., ensuring regulatory compliance for SCOR Canada and SCOR Canadian Branches.
- Prepare, maintain and update the Compliance Plan, regulatory compliance reports, regulatory policies and procedures, and local training; conduct monitoring and testing; and perform regulatory compliance gap analyses, as required by the VP, Chief Compliance Officer & Associate General Counsel – Canada, President and CEO, the Board of Directors and the Chief Agents.
- Provide support to Group Compliance functions to act as a local relay to institutional compliance topics otherwise outside of the primary scope of this position (e.g., sanctions, bribery).
Assistant Corporate Secretary (Life and P&C)
- Provide support to the Corporate Secretary in all aspects of Board and Committee meetings, including assisting with the organization and convening of all meetings, preparation, collection and distribution of meeting materials, attending all meetings and drafting, and reviewing meeting minutes
- Create and ensure accurate corporate records in all required systems. Certify via secretary’s certificate corporate governance records for regulatory examination, audit purposes or other initiatives when required. Prepare filings in support of legal actions taken by the SCOR Canada entities including obtaining Board authorization when required.
- Paralegal, law clerk, or other law college diploma and in-house training from a law firm or other legal establishment
- This bilingual role is made for somebody with a strong sense of organization and a knowledge of Canadian compliance and contract requirements, with a desire to learn how to support Board organization.
- Some prior relevant experience is required, but a capability to develop new skills, self-teach, learn and grow with the business will make the role holder successful in the long-term.
- A proven self-starter who takes the initiative and can act independently when needed and make their own decisions, while keeping relevant stakeholders advised and involved and operating within internal governance requirements and guidelines.
- Strong written and oral communication skills, the ability to determine how and when to develop/sustain a message and/or an idea and the ability to deploy the right tools to present information.
- An ability to promptly make decisions and/or to roll out decisions, reflecting all available information and appropriate risk assessments.
- An appetite for learning and developing themself in their field and dedicating up to 20% of their time on matters outside of their primary expertise.
- Ideally 4+ years of experience.
- French language fluency (oral and written) is required.
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.
SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.
Read Full Description