Manager, SBS TA&A

Job Summary

 Maintenance of SBS Single Risk business accounts assigned (policy and endorsement booking, invoicing, document issuance and electronic filing; account reconciliations; broker/client contact for requisite documentation and account maintenance). Participate in testing for new in-house software development; provide updates to internal audit or governmental agencies as required for assigned accounts. 

Key duties and responsibilities

All activities related to the SBS Single Risk book of business assigned.

Role requires timely responses to Internal Audit, Finance, Compliance and Accounting departments for issue resolution or required reporting. 

• Adherence to government or SCOR directives with respect to policy issuance, TRIA reporting, etc. 
• Participation in software development for system automation or other system testing/analysis as required.
• Monitor multipleshared email Inboxesfor various LoBs.

General tasks to include but not limited to:

• Entering of new business, renewals, endorsements into Clearance system. 
• Monitor and ensure that all risks entered into Omega are correctly signed off by the Underwriter and all checklists are completed. 
• Handling some aspects of administration of business generated by SCOR offices worldwide.
• Recording, monitoring and reporting of premiums.
• Investigating differences between Estimated and Booked premiums.
• Identifying and reporting problems with the Omega database. 
• Saving and indexing of records and contractual documents. 
• Reviewing slips and contract documents for correctness. 
• Entering of FAC R/I into OMEGA. 

Role will include posting of received funds to contracts and settlements outgoing for Fees, R/Ps, etc.

Required experience & competencies

• Minimum of five and preferably 10 years’ experience is preferred in insurance or financial industries.
• Excellent written and verbal communication skills; 
• Client-centered approach to job functions; 
• Proficiency in MS Office applications, 
• Ability to prioritize varying demands, 
• Multi task and work independently, 
• Ability to work in paperless environment.

Required Education 

• High school diploma or GED (general equivalency diploma) equivalent. A four year BA/BS degree considered an asset.

“In compliance with local law, we are disclosing the compensation, or range thereof, for roles that will be performed in New York. 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.  Pay Range: $120,000-$140,000 salary per year.  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.”

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. Leveraging experience and expertise to deliver “The Art & Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – from Life & Health and Property & Casualty insurance to Investments. Our specialized teams operate in over 160 countries, fostering long-term relationships with clients. 
In order to provide our clients with a broad range of innovative reinsurance solutions, SCOR pursues an underwriting policy that is founded on profitability and supported by effective risk management strategy and a prudent investment policy. This approach allows us to offer clients an optimum level of security, to create value for shareholders, and to contribute to the welfare and resilience of society by helping to protect insureds against the risks they face.
At SCOR, we believe that employing people from different backgrounds and ensuring inclusivity is a major driving force for the success of the Group. We are committed to fostering a work environment in which all employees are treated fairly and respectfully, have equal access to opportunities and resources, and can contribute fully to SCOR’s success.