The Portfolio Managers oversee the administration of reinsurance accounts and contracts from establishing and maintaining contractual data, processing the reinsurance accounts and manage the related cash flow. They support the underwriters in all administrative activities related to the underwriting process.
ResponsibilitiesResponsible for entries (treaties and/or facultative) in OMEGA and all further modificationsCheck contractual documents, submit them to Underwriters for signature and draw their attention in case of ambiguities or changesCheck and process reinsurance accounts and claims advices (OMEGA)Clarify discrepancies of reinsurance accounts with underwriters/cedents/brokersManage cash flow including the processing of outgoing/incoming payments and the follow-up on pending payments and open balancesPerform ICS controls (Internal Control System) according to relevant guidelines, where needed, pro-actively support Underwriters in the performance of these controlsMonitor client accounts/statistics by using internal reports (Business Objects) and perform own data analysisSupport 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 neededEnsure completeness and proper filing of underwriting and accounting documentation (DMS) as well as physical archiving, where electronic signature is legally not permitted.Attend meetings/workshops with clients (internal/external) if required by the underwriterQuarterly adjustments of EGPI and Loss Ratio according to Underwriters' instruction (OMEGA)You will contribute during the quarterly closings to the pre-inventory tasks (analysis of the estimated vs booked premium, of the loss ratio, cash calls, and services entries) while managing priorities.You will participate in different projects that have an impact on the department (test sessions, process and system review workshop).You collaborate regularly in a cross-functional manner with other departments depending on the subjects that impact the lifecycle of a contract (underwriting, claim experts, closing).QualificationsMinimum 3 years of significant working experience in (re-/insurance) accounting and underwriting assistance and/or controllingAdvanced MS Office skillsAdvanced analytical skills and accuracyAdvanced communication and team collaboration skills
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