Job Summary

This role is responsible for:

- Analysing and validating Client data and managing the administration reporting process within deadlines
- Managing of reinsurance claim and premium accounts in accordance with Treaty Agreements to ensure timely and accurate recoveries and payments
- Liaison with Clients to ensure complete and accurate data reporting and the timely resolution of issues
- Liaison with our internal stakeholders ensuring accurate and timely internal reporting; and
- Supporting the finance function with the financial close process

Key duties and responsibilities

Main Scope

- Responsibility for administration and performance of all existing treaties, including:
- Management of the recovery and settlement of Client accounts
- Management of client bordereaux process, including monitoring, analysis and capturing data into the SCOR administration and Group reporting systems
- Being part of the ANZ team responsible for modernisation of Bordereaux Process Administration, liaising with Group stakeholders in Singapore and Europe.
- Proactively analysing Client data to identify data issues related to accuracy and completeness
- Management of the process for capturing single large exposures for retrocession purposes for retail business
- Ensuring compliance with SCOR guidelines

Act as a point-of-contact for all client reinsurance administration, including:
- identifying and resolving issues with the performance of the treaties
- responding to client queries and information requests
- support with associated technical accounting preparation
- supporting with forecasting of cash flows
- Responsible for supporting internal teams in relation to the implementation of current reinsurance treaties, including setting up appropriate mapping in the systems




- Identification of areas where the performance of the business could be enhanced and optimised including maintaining key focus areas such as settlement trends and co-ordinating cross-functional engagement on large claims.
- Support in the preparation of management and financial information (where appropriate)

Relationships

- Support the development and management of strong relationships with our clients (including retrocession partners), to jointly optimise the relationship/performance.
- Work alongside and support the Head of Inforce Management, Head of Claims and the CFO in the production of key management and financial information.
- Maintain strong interaction with other team members (valuation team, pricing team, marketing team, claim teams and Singapore Hub) to ensure the smooth operation of the business.

Required experience & competencies

Essential

- Minimum 5 years of relevant working experience, ideally in a financial services business
- Ability to understand and analyse financial data
- Experience of Microsoft Outlook, EXCEL, Word
- Experience in extracting from database systems / platforms through coding language an advantage

Desirable

- Working experience in the insurance or reinsurance industry
- Commercial business sense and experience
- Exposure to the management of client relationships
- Experience of accounting software (e.g. SAP, PeopleSoft)
- Experience of database systems (e.g. SQL Server, Foundry)

Personal Competences

Essential

- Self-starter with initiative, pace, drive and commercial nous
- Good technical background/numeracy skills in terms of analysis of financial data
- Excellent organisational skills
- Ability to work as a team player
- Ability to act as an external ambassador and advocate for the business in the local market/community e.g. with client contacts
- Flexible, “can do” attitude with an interest in gaining broader business and commercial experience

📌 Reinsurance Analyst (Sydney)
🏢 SCOR
📍 Sydney