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Portfolio Risk Operations Analyst, London
Client:
SCOR
Location:
London, United Kingdom
Job Category:
Other
EU work permit required:
Yes
Job Reference:
9345c5bc539a
Job Views:
28
Posted:
18.06.2025
Expiry Date:
02.08.2025
Job Description:
The role holder is to act as a key member of the SCOR Delegated Operations management team working in a fast-paced environment that encourages new ideas and a fresh way of thinking.
Responsibilities include roles for the organisation:
- SCOR Syndicate Delegated Authority:
- Support completion and submission of statutory and/or regulatory reports and advance automation.
- Administration of the due diligence process for selected classes of business including new Coverholder sponsorship, annual due diligence review and approval (including all third parties).
- Actively involved in ongoing operational tasks and services from MGAs or Coverholders and TPAs.
- Liaising with underwriters, transversal functions, outsourcers and associated stakeholders.
- Participation in internal/external forums as required.
- Assist in coordinating Third Party audits, from scope definition to completion of audits.
- Review Third Party Audit reports and manage recommendations.
- Support data management functions and report on gaps identified.
- Manage income review processes, including report distribution, communication with underwriters, and credit control monitoring.
- Support team members as needed.
- Identify opportunities for cost savings and process efficiency improvements.
- Generate reports to support departmental activities.
- Ensure compliance with Delegated Authority policy and internal controls.
- Perform other ad hoc tasks to support the portfolio.
Change and Operational Improvements
- Contribute to identifying, executing, and communicating operational model improvements (technology and process).
- Define data and risk assessment standards across SCOR.
- Support cross-company collaboration through workshops, briefs, and updates.
Committees and Memberships:
- Contribute to SCOR Syndicate Conduct Risk Product Oversight Committee and Delegated Underwriting Committees.
- Ensure smooth assessment and onboarding of new and renewal binders.
- Evaluate partner relationships, providing recommendations during due diligence or audits.
- Support regulatory compliance in reporting and processes.
- Implement changes to improve service availability, effectiveness, and cost efficiency.