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Reinsurance Accountant

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Madrid, Madrid, España Scor A tiempo completo
Reinsurance Accountant Job Description

The Portfolio Managers at SCOR oversee the administration of reinsurance accounts and contracts, ensuring seamless contractual data management, processing, and cash flow management. They collaborate with underwriters to facilitate administrative activities related to the underwriting process.

Key Responsibilities:
  • Enter and modify entries in OMEGA, ensuring accuracy and completeness.
  • Review contractual documents, submit them to underwriters for signature, and address ambiguities or changes.
  • Process reinsurance accounts and claims advices, resolving discrepancies with underwriters, cedents, and brokers.
  • Manage cash flow, including outgoing and incoming payments, and follow up on pending payments and open balances.
  • Perform ICS controls, supporting underwriters in their performance of these controls.
  • Monitor client accounts and statistics using internal reports, performing data analysis and providing tailored reports to underwriters.
  • Ensure compliance with sanctions and embargos, scanning relevant lists and forwarding to underwriters for further investigation if necessary.
  • Maintain accurate and proper filing of underwriting and accounting documentation, including physical archiving where electronic signatures are not permitted.