Assumed Junior Technical Accountant
Job Description
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 take your career to the next level? Step into a dynamic role where you’ll play a key part in managing and optimising insurance and reinsurance accounts across a global organisation.
The role holder will support global teams by executing key administrative and technical tasks related to underwriting, accounting, and compliance. You will ensure data accuracy, process efficiency, and regulatory adherence across multiple regions, contributing to the smooth operation of our shared business platform.
Compliance Support
Conduct regular screening of transactions and customer relationships against international sanctions and embargo lists.
Investigate and escalate potential sanctions violations to the appropriate authorities.
Perform comprehensive KYC checks on new and existing clients to verify their identity and assess potential risks.
Maintain accurate and up-to-date KYC records and documentation.
Ensure the coordination of the TA&A community
Receive documents related to technical accounting.
Qualify and index documents in the Electronic Document Management (EDM) system.
Perform an initial analysis to ensure documents comply with established terms and conditions.
Prepare booking entries.
Forward all documents and analyses to the person responsible for the relevant portfolio.
Manage and escalate outstanding items, including payables and receivables, overdue premiums, missing accounts
Chase for accounts/settlements in accordance with each market practices
Portofolio management of low complexity accounts
- 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
Follow standard procedures under guidance of a senior Manager
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.
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