Junior Portfolio Manager

3 months ago

London, United Kingdom SCOR Full time

The Junior Portfolio Manager Operations oversees the administration of insurance and reinsurance accounts and contracts from establishing and maintaining contractual data, processing the insurance and reinsurance accounts and manage the related cash flow. They support the underwriters in all 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 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.

Required experience & competencies

Experience:  

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 

Required Education 

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

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