At our brand-new office at SCOR Bucharest, we offer a dynamic environment where career growth is actively supported through internal mobility, globally recognized certifications, and continuous professional development. We value work–life balance, offering flexible work arrangements, and wellbeing initiatives that help you thrive both personally and professionally.
Are you ready to play a pivotal role in the dynamic world of insurance and reinsurance? We’re looking for a proactive Retrocession Senior Technical Accountant to take charge of overseeing and administering insurance and/or reinsurance accounts and contracts. In this exciting position, you’ll be responsible for establishing and maintaining contractual data, booking accounts, handling claims, and expertly managing related cash flows.
Working hand-in-hand with our skilled underwriters, you’ll provide essential support for administrative activities tied to the underwriting process. Your expertise will also shine as you assist the Team Leader in validating quarterly operations, performing manual calculations and entries, sending out accounts, analyzing retrocession results, and ensuring compliance with our Internal System Controls (ICS) processes.
If you thrive on accuracy, collaboration, and driving operational excellence, this is your chance to make an impact and grow with us!
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.
The ideal candidates have the following experience and competencies;
Experience:
Power Bi and Tableau skills beneficial
Personal Competences:
Required Education
We are not just opening an office — we’re building a community.
Be part of something bold.
Make your Mark. Act for Society. Be part of SCOR Bucharest
As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk,” SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.
Working at SCOR means engaging with some of the best minds in the industry – actuaries, data scientists, underwriters, risk modelers, engineers, and many others – as we work together to find solutions to pressing challenges facing societies.
As an international company, our common culture is defined by “The SCOR Way.” Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.
SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.
SCOR, one of the world's largest reinsurers, provides its clients with a diversified and innovative range of solutions to control and manage risk. Using its experience and expertise, “The Art & Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – in Life & Health as well as in P&C.
The reinsurance industry is about combining technical expertise and experience with the developments of science. However many tools we use to conduct our activities (models, databases, pricing tools, reserving tools, and so on), we also need expert judgments and human experience to correctly underwrite. This is what we call the art of underwriting. Reinsurance is a knowledge industry. Expertise is an accumulation variable.
The most advanced tool will never replace the intuition of a seasoned underwriter facing a complex risk. Because at the end of the day, you have to make a decision, to sign, to underwrite. And what we have underwritten, we cannot overwrite - our word is our bond, as is our signature. This dimension of our business, linked to the art of underwriting, is more important than some observers would have people believe.
One way to acquire this art is to share experiences – both good and bad – and to share doubts and questions. Artists always belong to a school, from which they learn their craft.
Like artists, we have to learn, imitate, mimic, and then innovate, in order to find our own style and create our own distinctive work.
