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AVP, Senior Portfolio Manager - TA&A
AVP, Senior Portfolio Manager - TA&ASCOR • Chicago, IL, United States
AVP, Senior Portfolio Manager - TA&A

AVP, Senior Portfolio Manager - TA&A

SCOR • Chicago, IL, United States
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  • [job_card.full_time]
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Join to apply for the AVP, Senior Portfolio Manager - TA&A role at SCOR

This range is provided by SCOR. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$105,000.00 / yr - $142,500.00 / yr

About SCOR : 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.

Job Summary : The AVP, Senior Portfolio TA&A Alternative Solutions SME provides expert support within the Technical Accounting team by managing insurance and reinsurance portfolios, coordinating with cross‑functional stakeholders, and ensuring regulatory compliance. Key responsibilities include stakeholder engagement, claims administration, SoA bookings, cash flow oversight, and contractual data management. This role is pivotal for the SCOR Alternative Solutions / Non‑Traditional Reinsurance portfolio. Additionally, the position ensures guidance to underwriters in administrative and technical accounting processes. As a subject matter expert, the role involves coaching, training, and supporting portfolio managers. Demonstrating agility and embracing change management are essential to drive the adoption of new tools and process improvements aligned with SCOR’s operational priorities.

Responsibilities :

  • Manage a portfolio of facultative policies and treaties on Alternative Solution portfolio, ensuring data quality and compliance.
  • Is one of the main entry point of contact for the whole TA&A organization on Alternative Solution topics.
  • Ensure completeness and proper filing of underwriting, accounting and claims documentation in DMS (Document Management System)
  • Oversee input and audit of contractual terms in accounting systems.
  • Collaborate with underwriters on policy language and terms changes.
  • Proactively ensure accuracy of accounting and claims records according to the relevant accounting schemes. Organize correction when necessary.
  • Act as senior liaison between Underwriting, Claims, Finance, and external clients.
  • Handle cash flow (payments, monitoring aged balances).
  • Perform internal controls (ICS) during quarterly campaign
  • Ensure compliance with Sanctions & Embargos process.
  • Prepare reports and analyses for stakeholders (UW, Finance).
  • Attend quarterly closing meetings with Finance, UWs & Actuarial.
  • Represent the TA&A organization during Alternative Solutions meetings or process reviews with Finance, Claims & UWs
  • Coaching / mentoring and training of other Portfolio Managers

Desired Qualifications :

  • Bachelor's Degree in Finance, Accounting, Business Administration, or a related field. A Master's degree or professional certification (e.g., CPA, CFA) is preferred.
  • Minimum 8 years in insurance / reinsurance, technical accounting, settlements, and credit control.
  • Advanced Excel and Power Query skills; knowledge of Power BI and Foundry is a plus.
  • To be highly team spirit oriented
  • Strong analytical, communication, problem‑solving, and time management skills.
  • To be proactive on any improvement proposal on process, on accounting schemes
  • Ability to work independently and mentor team members.
  • Fluent English (oral and written).
  • Relocation assistance within the U.S. is available for this position. Candidates must have valid authorization to work in the U.S. without the need for employer sponsorship now or in the future.

    Benefits We Offer

  • Medical, vision, and dental coverage
  • 401(k) Plan with a competitive match
  • Company‑funded Defined Contribution Retirement Program
  • Life and AD&D insurance
  • Long‑and Short‑Term Disability
  • Unlimited Sick Days
  • Summer Fridays
  • Learning & Development Resources
  • Personal Wellness Tools and Rewards
  • Competitively priced gym memberships from a large nationwide network of gym brands and local fitness studios
  • And More!
  • 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.

    Pay Range for roles performed in IL : $105,000-$142,500 base salary per year. Actual salaries may vary based on various factors including location, experience, role and performance. The range listed is just one component of SCOR's total compensation package for employees. Other rewards may include annual bonuses, short‑and long term incentives. In addition, we provide a variety of benefits to employees, including health insurance coverage, life and disability insurance, a retirement saving plan, paid holidays and paid time off.

    Seniority level

  • Mid‑Senior level
  • Employment type

  • Full‑time
  • Job function

  • Accounting / Auditing and Administrative
  • Insurance
  • Industries

  • Insurance
  • #J-18808-Ljbffr

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