Junior Portfolio Manager

The Portfolio Manager Operations oversees the administration of insurance and/or reinsurance accounts and contracts, from establishing and maintaining contractual data, processing the insurance and/or reinsurance account bookings, claims handling and managing the related cash flow. You also support the underwriters in administrative activities related to the underwriting process.

Responsibilities:

• Responsible for entries (treaties and/or facultative) in the Accounting and Underwriting system/platforms and all further modifications.
• Enter T&C (Terms and Conditions) into the accounting system with accuracy.
• Check contractual T&C (Terms and Conditions), submit them to Underwriters for signature and draw their attention in case of ambiguities or changes.
• Check and process accounts and claims advice.
• Clarify discrepancies of accounts and claims with underwriters/ claim experts/ cedents/brokers.
• Manage low complexity accounts, following standard procedures under guidance of a senior manager.
• Manage cashflow including setting-up of client bank accounts in the accounting system, processing of outgoing/incoming payments and follow up on pending payments and open balances.
• Perform ICS controls (Internal Control System) according to relevant guidelines and pro-actively support Underwriters in the performance of these controls.
• Monitor client accounts/statistics by using internal reports, perform data analysis and support Stakeholders with reports and statistics.
• Ensure compliance with sanctions and embargos by scanning respective lists and forward to Underwriter/Legal for further investigation if needed.
• Ensure completeness and proper filing of underwriting, accounting and claims documentation DMS (Document Management System).
• Maintain good communication with clients by attending internal and external meetings and workshops as required.
• Be accountable for internal and external audit purposes.

Experience:

• Bachelor / completed commercial apprenticeship (ideally in re-/insurance company) or equivalent.
• Working experience in (re-/insurance) accounting and underwriting assistance and/or controlling preferable.
• Advanced MS Office skills (focus on MS Excel, Power Query).
• Business Object skills beneficial.
• Power Bi, Tableau, skills beneficial.

Personal Competences:

• Basic insurance and reinsurance knowledge and eagerness to deepen expertise.
• Advanced analytical skills and accuracy.
• Advanced communication and team collaboration skills with both internal and external stakeholders and team members.
• Sense of reliability and responsibility.

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.