Retrocession Senior Technical Accountant

At our brand-new office at SCOR  Bucharest, we offer a dynamic environment where career growth is actively supported through internal mobility, globally recognized certifications, and continuous professional development. We value work-life balance, offering flexible work arrangements, and wellbeing initiatives that help you thrive both personally and professionally.

 Are you ready to play a pivotal role in the dynamic world of insurance and reinsurance? We're looking for a proactive Retrocession Senior Technical Accountant to take charge of overseeing and administering insurance and/or reinsurance accounts and contracts. In this exciting position, you'll be responsible for establishing and maintaining contractual data, booking accounts, handling claims, and expertly managing related cash flows.

Working hand-in-hand with our skilled underwriters, you'll provide essential support for administrative activities tied to the underwriting process. Your expertise will also shine as you assist the Team Leader in validating quarterly operations, performing manual calculations and entries, sending out accounts, analyzing retrocession results, and ensuring compliance with our Internal System Controls (ICS) processes.

If you thrive on accuracy, collaboration, and driving operational excellence, this is your chance to make an impact and grow with us!

• 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 independently his/her own portfolio with medium to complex accounts and solves complex problems or problems where precedent may not exist. 

• Provide guidance acting as a coach/ mentor to juniors.

• Fosters knowledge sharing with other colleagues to reach solutions.

• 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, perform data analysis and support Stakeholders with reports and statistics, 

• 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.

• Be accountable for internal and external audit purposes.

The ideal candidates have the following experience and competencies;

Experience:  

• At least 5 years of experience in the industry (re-/insurance) accounting and underwriting assistance and/or controlling
• Advanced MS Office skills (focus on MS Excel, Power Query) 
• Business Objects skills beneficial

• Power Bi and Tableau skills beneficial

Personal Competences: 

• Solid insurance and reinsurance knowledge and eagerness to deepen expertise
• Advanced analytical skills and accuracy 
• Advanced communication and team collaboration skills with both internal and external stakeholders and team members
• Sense of reliability and responsibility 
• Self-motivation, flexibility and adaptability to changes
• English language skills

Required Education 

• Bachelor / completed commercial apprenticeship (ideally in re-/insurance company) or equivalent 

We are  not just opening an office -- we're building a community.
Be part of something bold.  

Make your Mark. Act for Society. Be part of SCOR Bucharest