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AVP, Senior Portfolio Manager - TA&A

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: SCOR
Full Time position
Listed on 2026-01-14
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, CFO
Salary/Wage Range or Industry Benchmark: 105000 - 142500 USD Yearly USD 105000.00 142500.00 YEAR
Job Description & How to Apply Below

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

Qualifications

Bachelor's Degreein 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. Candidatesmusthavevalid authorizationtoworkinthe

U.S. withouttheneedforemployersponsorshipnoworinthefuture.

Hybrid Work Policy :

SCORiscommittedtoan"in office"culturewherepeoplecancollaborate,exchangeideas,andestablishstrongerworkingrelationshipswhilestillprovidingflexibility.

Tosupportemployeework-lifebalanceandincreaseopportunitiesforemployeestoexceleveryday,

SCORoperateswithahybridworkingarrangement.

SCORemployeeswork3daysperweekinanofficewith

Pay Rangeforrolesperformed in IL: $105,000-$142,500 basesalaryperyear.

Actualsalariesmayvarybasedonvariousfactorsincluding packageforemployees.

Otherrewardsmayincludeannualbonuses,short-andlong termincentives.

In addition,weprovideavarietyofbenefitstoemployees,includinghealthinsurance coverage,lifeanddisabilityinsurance,aretirementsavingplan,paidholidaysandpaidtimeoff.

  • Locations 233 S. Wacker Drive, Chicago, IL, 60606, US
About Us

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.

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Position Requirements
10+ Years work experience
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