Pcr Underwriter - London, United Kingdom - SCOR

SCOR

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Job Summary

Key role of the jobholder is to produce and manage a portfolio of global accounts through his/her relationships with London brokers and through new sources, within the guidelines specified by SCOR Specialty Insurance, which will contribute to the achievement of the underwriting business plan
Manage the existing portfolio (renewals, endorsements, risk and client visits, client meetings, claims involvement).
Contribute positively to the overall results of SCOR Specialty Insurance by demonstrably sound technical and profitable underwriting
Develop SCOR's market share and leadership position
Enhance SCOR's image in the market by efficient and innovative support of client needs
Negotiate bespoke PCR specific wordings
Represent SCOR at international events, both general industry conferences and client hosted annual conferences
Receive, select and evaluate offers of business from various sources, calculate ratings and negotiate the bespoke wordings of the contracts
Generate and originate new offers and promote SCOR by proactive marketing in accordance with the strategy and guidelines defined in the SCOR Roadmap and relevant guidelines
Maintain and develop relationships with clients and brokers; travel as and when required to do so
Attend broker and client hosted events
Respond to all enquiries in a timely manner
Assist the Global Line Head in the research, development and report on new areas of potential profitable growth
Maintain accurate records of quotes, risks accepted and declinatures
Control and verify premium income according to business plan
Assist the Global Line Head to produce reports of various formats for reporting purposes as required
Contribute to the claims settlement process in conjunction with the claims department
Contribute to the division's technical knowledge of sectors and subsectors in which the jobholder is working
Motivate, encourage and contribute to the training of the team
Attend SCOR's Lloyd's box to service brokers submissions and endorsements, and negotiate policy terms
Ensure compliance with all relevant international licensing requirements for SCOR's various offices

Required experience

Essential

Established underwriter with at least 4 years direct underwriting experience in the London market or elsewhere
Proven underwriting skills including wording negotiation
Established market relationships
Experience of writing international business

Desired

Established client relationships

**Required competencies

Knowledge of competitors, cedants, reinsurers and brokers within the London market and internationally
Commercial and tactical vision
Ability to successfully negotiate "facetoface" with brokers
Ability to lead business
Ability to promote the underwriting policy
Ability to use spreadsheets to a good standard
Able to adapt well to SCOR structure and philosophy, which includes technical underwriting and technical referrals
Ability to quickly acquire a thorough understanding of SCOR's underwriting policy and guidelines
Understanding of company computer systems
Team player as well as capable of working on own initiative
Proactive
Strong verbal and written communication skills

Required education

Essential
Educated to A Level

Desirable

Relevant university degree
ACII Qualified
Relevant masters degree
Language skills

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.