Senior Underwriter, International Binders - London, United Kingdom - SCOR

SCOR

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

The key role of the jobholder is to build, produce and manage a portfolio of UK and international accounts through their relationships with London brokers and new client opportunities, within the guidelines specified by SCOR Syndicate, which will contribute to the achievement of the underwriting business plan.

Build and produce as well as manage existing portfolio (renewals, endorsements, risk and coverholder visits, client meetings, claims involvement)
Contribute positively to the overall results of the SCOR Syndicate by demonstrably sound technical and profitable underwriting
Support the development of the SCOR Syndicate market share position
Enhance the SCOR Syndicate image in the market by efficient and innovative support of client needs
Support the delivery of the business plan and monitor and report on progress, identify deviations, recommend remedial actions and implement initiatives to achieve plan
Adhere to the Underwriting Minimum Standards
Act as a technical expert to support the identification of issues and opportunities to maintain and grow the SCOR Syndicate market position
Generate new offers and promote the SCOR Syndicate by proactive marketing in accordance with the strategy and guidelines defined in the SBF and the Syndicate Protocols and appropriate regulatory Guidelines
Maintain and develop relationships with clients and brokers; travel as and when required to do so
Respond to all enquiries in a timely and client focused manner
Work within the Risk Appetite for the line of business ensuring delivery within these parameters
Receive, select and evaluate offers of business from various sources, calculate ratings and negotiate the conditions and exclusions of the contracts, working with the Head of International Binders
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
Represent SCORs interests with internal and external groups, through the participation in industry forums and corporate activities

Experience

Established underwriter with direct underwriting experience in the London market
Proven underwriting skills including writing new business and renewals
Experience of writing International Business
Strong market relationships and significant experience in managing and growing relationships
Strong track record in delivering plan in a multitute of market conditions Knowledge of risk profiling, pricing tools and loss models

Competencies

Expert knowledge of competitors, cedants, reinsurers and brokers within the London market and internationally
Commercial and tactical vision
Proven ability to promote underwriting policy
Ability to use spreadsheets to a good standard
Able to adapt well to SCOR structure and philosophy, including technical underwriting and technical referrals
Ability to quickly acquire a thorough understanding of SCOR Specialty underwriting policy and guidelines Strong communication skills verbally, and in writing

Required Education

Essential

Educated to A Level or equivalent / other relevant qualifications

Desirable

Relevant university degree or equivalent / other relevant qualifications
ACII Qualified or equivalent qualifications

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.