Job DescriptionThe AVP, Senior Portfolio TA&A SME, is responsible for providing technical support to Technical Accounting teams, managing entities and portfolios, and ensuring effective governance and processes. This role involves establishing and maintaining contractual data, processing the insurance and/or reinsurance account bookings, claims handling and managing the related cash flow, while facilitating communication with stakeholders. Additionally, the Senior Portfolio SME (SPS) ensures compliance with internal controls and regulations.
The role will be primarily supporting the SCOR Business Solutions (SBS) portfolio. The role provides critical support and strategic guidance to underwriters in administrative activities relating to the underwriting and technical accounting process.
This role is responsible for ensuring high-quality service delivery across core operational and underwriting processes, maintaining compliance with contractual and regulatory requirements, and driving efficiency and continuous improvement. As a SPM, there will be expectations around coaching, training and supporting other PMs within the team (and globally) to support the Head of Technical Accounting & Administration.
Showcasing agility and change management while continue their learning and development will help support the adoption of new tools and process improvements, which align with SCOR's Operational priorities.
Responsibilities- Responsible for the portfolio management of facultative policies while ensuring accurate updates within underwriting and accounting platforms. Maintaining high standards of data governance, with collaborative accountability.
- Ensure contract management through correct input and audit of Terms & Conditions in the accounting system and implementing robust quality assurance protocols.
- Align with underwriters on policy language/terms and condition changes.
- Ensure completeness and accuracy in the recording of account and claims advices, driving accountability across teams.
- Serve as a senior liaison between Underwriting, Claims, Finance, brokers, cedents, and outsourced teams to resolve complex discrepancies and ensure alignment across stakeholders.
- Manage independently his/her own portfolio with medium to complex accounts. Resolve complex problems or problems where precedent may not exist.
- 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.
- 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 and support regulatory requests.
- Create/monitor reports/dashboards to provide analysis and insights around client accounts, performance metrics. Share actionable insights and strategic recommendations to senior stakeholders.
- Champion knowledge sharing and collaboration across internal teams and external partners, fostering a culture of transparency and continuous learning.
- Collaborate closely with peers and the Head of Technical Accounting & Administration to align operational priorities with business strategy.
- Communicate effectively and constructively with staff and leadership, influencing outcomes and driving engagement.
- Provide guidance acting as a coach/ mentor across the team and foster knowledge sharing with cross functional colleagues to reach solutions.
Qualifications- Bachelor's Degree in Finance, Accounting, Business Administration, or a related field. A Master's degree or professional certification (e.g., CPA, CFA) is preferred.
- Technical Expertise: Strong knowledge of reinsurance, and insurance accounting principles. At least 7 years expertise in the field.
- Treaty and facultative reinsurance experience beneficial Ø Advanced MS Office skills (focus on MS Excel, Power Query)
- Power Bi, Business Objects, Foundry skills beneficial.
- Extensive knowledge of Technical Accounting, Settlement, and Credit Control processes - demonstrating deep expertise in end-to-end technical accounting including premium and claims processing, reconciliation, and settlement.
- Ability to drive the portfolio of complex accounts through independent, curious and data driven focus.
- Skilled in managing complex credit control issues, ensuring timely cash flow, and mitigating financial exposure.
- Advanced knowledge of internal business reporting.
- Line of Business subject matter expert provides expert guidance on product structures, market practices, and regulatory implications ensuring operational alignment with underwriting and portfolio management goals.
You may not meet every requirement listed in the job description. If you bring broad expertise and alignment to the role and resonate with our core values, we encourage you to apply.
Hybrid Work Policy:
SCOR is committed to an "in-office" culture where people can collaborate, exchange ideas, and establish stronger working relationships while ll providing flexibility. To support employee work-life balance and increase opportunities for employees to excel every day, SCOR operates with a hybrid working arrangement. SCOR employees work 3 days per week in an office with the flexibility to work 2 days per week remotely.
At SCOR, we CARE about clients, people, and societies, and we are committed to placing them at the center of everything we do. Providing great benefit choices to you and your family is just one of the ways we support the physical, financial, and emotional well-being of the people who make our company successful - you.
Pay Range for roles performed in Toronto: $99,635-$134,801 base salary per year. Actual salaries may vary based on various factors including but not limited to location, experience, role and performance. The range listed is just one component of SCOR's total compensation package for employees. Other rewards may include annual bonuses, short- and long term incentives. In addition, we provide a variety of benefits to employees, including health insurance coverage, life and disability insurance, a retirement saving plan, paid holidays and paid time off.