Senior Operations Portfolio Manager

Job description

In our Technical Accounting and Administration team we are looking for a Senior Portfolio Manager to oversee the administration of reinsurance and insurance accounts and contracts. The role covers all areas from establishing and maintaining contractual data, processing the reinsurance accounts and manage the related cash flow as well as support the underwriters in all administrative activities related to the underwriting process

Required experience & competencies

·  Multi-year working experience in (re-/insurance) accounting and underwriting assistance and/or controlling
·  Advanced MS Office skills 
·  eagerness to deepen expertise
·  Advanced analytical skills and accuracy
·  Advanced communication and team collaboration skills
·  Sense of reliability and responsibility
·  International minded

Required Education 

·  College degree in Finance or equivalent discipline.  CIP Designation or equivalent experience.

 

Key duties and 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 of reinsurance accounts and claims advices (OMEGA) 
·  Clarify discrepancies of 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)