Portfolio Manager

SCOR UK Company Limited

The 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.

Responsibilities

• Responsible for entries (treaties and/or facultative) in OMEGA and all further modifications
• Check contractual documents, submit them to Underwriters for signature and draw their attention in case of ambiguities or changes
• Check and process reinsurance accounts and claims advices (OMEGA)
• Clarify discrepancies of insurance and reinsurance accounts with underwriters/cedents/brokers
• Manage cashflow incl. the processing of outgoing/incoming payments and the follow up on pending payments and open balances
• Perform ICS controls (Internal Control System) according to relevant guidelines, where needed, pro-actively support Underwriters in the performance of these controls
• Monitor client accounts / statistics by using internal reports (Business Objects) and perform own data analysis
• Support Underwriters with tailored reports and statistics (Business Objects)
• Ensure compliance with sanctions and embargos by scanning respective lists (Bridger) and forward to Underwriter for further investigation if needed
• Ensure completeness and proper filing of underwriting and accounting documentation (DMS) as well as physical archiving, where electronical signature is legally not permitted.
• Attend meeting / workshops with clients (internal/external) if required by the underwriter
• Quarterly adjustments of EGPI and Loss Ratio according to Underwriters’ instruction (OMEGA)

Qualifications

Required experience & competencies

Experience:

• A couple of years of experience in (re-/insurance) accounting and underwriting assistance and/or controlling
• Experience in Energy & Marine would be preferable
• Advanced MS Office skills (focus on MS Excel)
• Business Objects 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
• Sense of reliability and responsibility

Required Education

• At least completed commercial apprenticeship (ideally in re-/insurance company) or equivalent