Short Summary:All activities related to clearance of new and renewal Submissions and processing quoted and bound accounts including (but not limited to): policy and endorsement issuance and booking, invoicing, accounting reconciliations, client and/or broker contact, timely filing of account documentation and additional duties as required. Application of incoming funds to booked premiums, preparation of outgoing settlements and coordination on claims payments.

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.

Job Summary:All activities related to clearance of new and renewal Submissions and processing quoted and bound accounts including (but not limited to): policy and endorsement issuance and booking, invoicing, accounting reconciliations, client and/or broker contact, timely filing of account documentation and additional duties as required. Application of incoming funds to booked premiums, preparation of outgoing settlements and coordination on claims payments.

Key Duties and Responsibilities:Policy and endorsement booking, invoicing, document issuance and electronic filing; Account reconciliations; Broker/client contact for requisite documentation; account maintenance.

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 and updating reports.
* 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.
* Posting of received funds to contracts and settlements outgoing for Fees, R/Ps, etc.
* Coordination with Claims Dept for outgoing payments

Required experience & competencies:

• Five or more years Insurance industry experience is preferred in Insurance/Reinsurance underwriting or administration.
• Excellent written and verbal communication skills
• Client-centered approach to job functions
• Proficiency in MS Office applications
• Ability to prioritize varying demands
• Work with several Underwriters
• Work independently
• Ability to work in paperless environment

Required Education:

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

Hybrid Work Policy:

SCOR is committed to an "in-office" culture where people can collaborate, exchange ideas, and establish stronger working relationships while still 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.