Junior Retro Technical Accountant

SCOR; London; On-site; GBP 30,000 - 45,000; Full time

Job summary

A leading company in the insurance sector is looking for a Junior Portfolio Manager Operations in London, responsible for managing insurance and reinsurance accounts with a focus on accuracy in processing and compliance. This role offers the opportunity to develop expertise in reinsurance, providing support to underwriters and ensuring efficient management of cash flow and accounts.

Qualifications

• Experience in (re-/insurance) accounting and underwriting assistance preferred.
• Advanced MS Office skills required, particularly in MS Excel and Power Query.
• Eagerness to deepen insurance and reinsurance knowledge.

Responsibilities

• Oversee administration of insurance/reinsurance accounts and contracts.
• Manage cash flow and client bank accounts in the accounting system.
• Perform ICS controls and ensure compliance with sanctions.

Skills

MS Excel

Power Query

Communication

Team Collaboration

Education

Commercial apprenticeship (in re-/insurance)

Tools

Business Object

Job description

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Client:

SCOR

Location:

London, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

0fe42a0f10ef

Job Views:

3

Posted:

18.06.2025

Expiry Date:

02.08.2025

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Job Description:

The Junior 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. He/she also supports 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 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
• 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.

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

Personal Competences:

• Basic insurance and reinsurance knowledge and eagerness to deepen expertise
• 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