Technical Accountant, Treaty
2 weeks ago
SCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Using its experience and expertise, 'œ The Art & Science of Risk ', SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk '“ in Life & Health insurance as well as in P&C insurance. Our specialist teams operate in over 120 countries, developing value added and innovative products and services and making long-term commitments to their clients, namely insurers and large corporations.
SCOR's aim, as an independent global reinsurance company, is to develop its Life and P&C business lines, to provide its clients with a broad range of innovative reinsurance solutions and to pursue an underwriting policy founded on profitability, supported by effective risk management and a prudent investment policy, in order to offer its clients an optimum level of security, to create value for its shareholders, and to contribute to the welfare and resilience of Society by helping to protect insureds against the risks they face.
Job Summary
This job is a 12-month contract with potential to renew or convert to permanent
- Checking and inputting of treaty accounts received from cedants.
- Assist in preparing treaty statistics for underwriters as and when requested.
- Prepare and/or check clips, cover notes, correspondence, treaty wordings and
other records.
Key duties and responsibilities
Input of treaty technical conditions, managing the new & renewal process on timely basis.
Keying and checking of quarterly statement of accounts, including completion of accounts, reserves, and various calculations (commissions, portfolios, cash calls, etc.)
Maintain and update various schedules recording technical result of various treaties.
Monitor essential treaty information, revision of Original EGPIs and L/Rs after informing underwriters and obtaining their confirmation.
Liaising with Credit Control, IT, TA’s from facultative department, Claims, Pricing, and Underwriting.
Indexing or scanning documents to DMS system.
Provide support to management in handling queries from auditors, senior management and others.
Required experience & competencies
**Experience**:
Practical experience in the insurance industry, preferably in reinsurance
**Personal Competences**:
Well versed in MS Office
Required Education
Diploma level and above
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