SBS & Cedant Fac Operations Analyst - Bucharest

The SBS & Cedant Fac Operations Analyst will play a critical role in supporting the efficiency, accuracy and effectiveness of SBS and Cedant Facultative insurance and reinsurance operations. They will support the SBS Operations team with analysis, process mapping, reporting, regulatory compliance, controls and documentation across both business areas.

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.

The SCOR Business Solutions (SBS) Operations team operates within SCOR as part of its specialty insurance and reinsurance activities and supports both SBS and Cedant Facultative underwriting operations. The team provides support for day-to-day operational tasks, internal and external reporting, process improvement, controls and system enhancements across both business areas.

- The SBS & Cedant Fac Operations Analyst will support the SBS Operations team with the following:
- Review, update and create process documentation.

- Support the centralisation of business-as-usual (BAU) reporting activities to SCOR Bucharest, including the creation and maintenance of supporting documentation.

- Support the delivery of Syndicate timetable activities including Month Close, Regulatory Returns, Analytical Segmentation or Operational Management Reporting.

- Assist with identifying and implementing process improvements to enhance operational efficiency and effectiveness.

- Support with the development, definition and monitoring of KPIs and proactively highlighting risks or service gaps.

- Analyse operational data to identify trends, inefficiencies, and improvement opportunities

- Contribute recommendations to improve accuracy, reduce costs, and increase operational efficiency

- Ensure operational practices comply with regulatory standards, company policies, data protection, and audit requirements.

- Support the onboarding of new lines of business by assisting with process documentation, operational readiness and stakeholder coordination.

- Support Operational Resilience activities, including maintaining documentation, coordinating testing activities and tracking remediation actions.

Contribute a business and operational insight to technology and data initiatives, helping identifying opportunities that could advance the SCOR's analytical advantage which include but is not limited to Palantir, Azure DataBricks, Spark, Use/Integration/Build of AI Models.

The SCOR Business Solutions (SBS) Operations team operates within SCOR as part of its specialty insurance and reinsurance activities and supports both SBS and Cedant Facultative underwriting operations. The team provides support for day-to-day operational tasks, internal and external reporting, process improvement, controls and system enhancements across both business areas.

• The SBS & Cedant Fac Operations Analyst will support the SBS Operations team with the following:

  • Review, update and create process documentation.

  • Support the centralisation of business-as-usual (BAU) reporting activities to SCOR Bucharest, including the creation and maintenance of supporting documentation.

  • Support the delivery of Syndicate timetable activities including Month Close, Regulatory Returns, Analytical Segmentation or Operational Management Reporting.

  • Assist with identifying and implementing process improvements to enhance operational efficiency and effectiveness.

  • Support with the development, definition and monitoring of KPIs and proactively highlighting risks or service gaps.

  • Analyse operational data to identify trends, inefficiencies, and improvement opportunities

  • Contribute recommendations to improve accuracy, reduce costs, and increase operational efficiency

  • Ensure operational practices comply with regulatory standards, company policies, data protection, and audit requirements.

  • Support the onboarding of new lines of business by assisting with process documentation, operational readiness and stakeholder coordination.

  • Support Operational Resilience activities, including maintaining documentation, coordinating testing activities and tracking remediation actions.

Contribute a business and operational insight to technology and data initiatives, helping identifying opportunities that could advance the SCOR's analytical advantage which include but is not limited to Palantir, Azure DataBricks, Spark, Use/Integration/Build of AI Models.

Qualifications
Required experience & competencies

Strong analytical skills, with the ability to analyse information, identify key themes and communicate findings clearly to a range of stakeholders.
Curious, proactive and self-motivated, with a willingness to learn, investigate issues and contribute to continuous improvement initiatives.
Strong organisational skills and accountability, with the ability to manage multiple priorities and ensure actions are completed in a timely manner.
Excellent attention to detail, with the ability to understand complex processes and support the implementation of operational improvements.
Creative problem-solving skills, with the ability to identify practical solutions to data, process and operational challenges.
Demonstrated ability to monitor progress, manage dependencies and support the successful delivery of agreed outcomes.
Ability to balance analytical thinking with creativity to improve processes, controls and stakeholder experience.
Strong communication and interpersonal skills, with the ability to build effective working relationships across teams and functions.
Proficiency in Microsoft Office applications, particularly Excel, PowerPoint and Word.
Knowledge of the Lloyd's and London Market insurance environment, insurance operations, or reinsurance would be advantageous.

Required Education

Degree or higher education diploma (Bachelor or higher) in Business Management, Economics, Engineering or related degree