Technical Accounting Analyst
1 week ago
**Job Summary**
The Technical Accounting Analyst requires accounting technical and analytical skills. It also requires the capacity to sometimes work under pressure and to deliver work within the required deadlines. A transparent and regular communication with all stakeholders is very important.
**Key duties and responsibilities**
- Perform receipt and claims settlement in Omega.
- Send payment notification letters to clients.
- Manage the intercompany transfers, reports and reconciliations.
- Reconcile balances to client reports and individual items for internal matching.
- Perform analytic review of the technical accounts on a regular basis to detect any issue or missing results prior quarterly closing (proactive intervention).
- Monitor aging of receipt settlement and clear backlog on a timely manner.
- Prepare monthly/quarterly reconciliation reports (claims, premiums, commissions) and any other technical reports.
- Determine, book and review the estimates in Omega on a quarterly basis.
- Run technical accounting reports with Business Object tool on a regular basis.
- Export the reports in an Excel spreadsheet linked to an Access Data Base and transform the reporting in a specific analytic view.
- Monitor and analyze variations between actuals and estimations.
- Adjust the accruals on a quarterly basis to post a plausible forecast further to the analysis of the results.
- Collaborate with various stakeholders to validate the accruals and estimations. Post special reserves, late adjustments, and any other manual entries.
**Required experience & competencies**
- At least 5 years’ of accounting experience preferably with AR and AP exposure.
- Good understanding of basic accounting concepts and accounting processes.
- Specific reinsurance/insurance accounting experience - nice to have.
- Strong business acumen desired.
- Reconciliations skills with the ability to clarify discrepancies and coordinate financial reconciliations.
- Aptitude for figures and strong analytical skills.
- Ability to deliver accurate results within specific deadlines.
- Accuracy and detailed oriented.
- Ability to collaborate with different teams to anticipate questions and outcomes.
- Strong communication, collaboration, organizational and time management skills.
- Ability to work independently and solve problem effectively without too much supervision.
- Knowledge of Windows, MS Office, with proficiency in Excel required.
- Proficiency with Business Object and MS Access are desirable.
**Required Education**
- University degree or college diploma with general accounting courses required.
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.
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