Portfolio Manager Operations

Scor

Portfolio Manager Operations

Salary Not Specified

Scor, City of Westminster

  • Full time
  • Permanent
  • Onsite working

Posted 1 week ago, 19 May | Get your application in now before you miss out!

Closing date: Closing date not specified

job Ref: 8ee29ed4822640dfbf3a6c98d49ffb9c

Full Job Description

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 manage the related cash flow. You also suppors the underwriters in administrative activities related to the underwriting process.

  • 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 of accounts and claims advices,

  • Clarify discrepancies of accounts and claims with underwriters/ claim experts/ cedents/brokers

  • Manage independently his/her own portfolio of accounts

  • Resolve problems following prescribed guidelines or procedures

  • Proactively seeks advice for new issues and suggest solutions

  • 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.

    A few years of industry (re-/insurance) accounting and underwriting assistance and/or controlling experience

  • Advanced MS Office skills (focus on MS Excel, Power Query)

  • Business Object skills beneficial Power Bi, Tableau, skills beneficial



  • Personal Competences:
  • Good 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 Self-motivation, flexibility and adaptability to changes



  • Required Education
  • Bachelor / completed commercial apprenticeship (ideally in re-/insurance company) or equivalent

    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 to opportunities and resources, and can contribute fully to SCOR's success.