Senior Retrocession Portfolio Manager Operations

The Portfolio Manager Operations oversees the administration of insurance and/or reinsurance accounts and contracts, from establishing and maintaining contractual data, processing the insurance and/or reinsurance account bookings, claims handling and manage the related cash flow. He/she also supports the underwriters in administrative activities related to the underwriting process.

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, Tableau, skills beneficial

Personal Competences: 

• Solidinsurance 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

Required Education 

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

Languages:

Fluent in English and Spanish

• 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.