TA&A Junior Portfolio Manager

Job Summary

The Junior Portfolio Manager supports the day-to-day administration of reinsurance contracts and accounts. The role includes maintaining contractual data, processing accounts and claims information, supporting settlements and cash-flow activities, performing defined controls and following up on discrepancies or missing information.

The position requires accuracy, numerical and analytical skills, attention to detail and clear communication with internal and external stakeholders. Insurance or reinsurance knowledge is an advantage, but is not required, as technical knowledge will be progressively developed through training and practical experience.

Key duties and responsibilities

Compliance Support
-    Perform assigned sanctions and embargo screenings in accordance with defined procedures.
-    Document the checks performed and escalate potential matches or unclear situations to the relevant Underwriter, Compliance or Legal contact.
-    Support KYC-related checks and maintain complete and accurate documentation, following established procedures.
-    Support internal and external audit requests by providing complete and accurate documentation.

Ensure the coordination of the TA&A community
-    Receive documents related to technical accounting and verify their completeness.
-    Qualify and index documents in the Electronic Document Management system.
-    Perform an initial review of documents against the available contractual terms and conditions.
-    Prepare booking entries accurately and forward the documentation and analysis to the person responsible for the relevant portfolio.
-    Follow up on outstanding items, including payables, receivables, overdue premiums, missing accounts and settlements.
-    Communicate clearly with internal and external stakeholders and raise questions or potential issues promptly.

Portfolio management of low complexity accounts
-    Support the setup and maintenance of treaty and facultative contract information in the relevant accounting and underwriting systems.
-    Enter and update contractual terms and conditions accurately, based on the available documentation.
-    Check and process reinsurance accounts and claims information in accordance with established procedures.
-    Compare information received from different sources and identify discrepancies, unusual amounts or missing data.
-    Investigate discrepancies using the available supporting information and escalate unresolved matters to the appropriate colleague.
-    Manage low-complexity accounts under the guidance of experienced colleagues.
-    Support incoming and outgoing payment processing and follow up on pending payments and open balances.
-    Perform assigned Internal Control System checks in line with relevant guidelines.
-    Monitor portfolio information using internal reports and support basic data analysis, statistics and status updates.
-    Ensure complete and accurate filing of underwriting, accounting and claims documentation in the Document Management System.
-    Contribute to process improvements by identifying recurring issues or opportunities to simplify activities.
-    Maintain clear and professional communication with clients and other stakeholders, including participation in internal and external meetings or workshops as required.
-    Support internal and external audit activities by providing complete, accurate and timely information and documentation.
 

Required experience & competencies

Experience:
-    Previous professional experience is not mandatory. Experience gained through an internship, apprenticeship, academic project or first professional role in finance, accounting, insurance or a related field is an advantage.
-    Insurance or reinsurance knowledge is an advantage, together with an interest in developing technical expertise in this area.
-    Good numerical reasoning and ability to work accurately with financial information.
-    Strong attention to detail and ability to identify discrepancies, missing information and unusual values.
-    Good working knowledge of Microsoft Excel; familiarity with lookup functions, PivotTables or Power Query is an advantage.
-    Good analytical and problem-solving abilities, with a structured approach to investigating issues.
-    Good written and spoken English; knowledge of an additional European language is an advantage.

Personal Competences:
-    Curiosity and willingness to learn.
-    Reliability, responsibility and good organizational skills.
-    Ability to follow established procedures and meet deadlines.
-    Comfortable asking questions and escalating unclear situations.
-    Clear communication and good team collaboration skills.
-    Ability to work in an international and multicultural environment.
-    Interest in working with figures, contracts and business processes.

Required education 

• Bachelor's or Master's degree in Finance, Accounting, Economics, Business Administration, International Business or another relevant field, or equivalent practical experience.

• Applications from recent graduates and candidates at the beginning of their careers are welcome.
   

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.