Assistant Underwriter, Marine Hull & Shipbuilding - SCOR Business Solutions (SBS)

Marine Hull & Shipbuilding, Assistant Underwriter

London, United Kingdom

Job Description

The role holder will be required to provide reliable, accurate and efficient support to the Marine Underwriting team and provide quality customer service to all key brokers and clients. The role holder will be responsible for preparing infomation for underwriting purposes, specifically regarding account pricing. They will also be a key player in providing and managing the MI for the ongoing analysis of the portfolio.

Responsibilities

Underwriting within guidelines of letter of authority and in accordance with the business plan - servicing bound accounts, analysing new submissions and renewals

Prepare and review pricing adequacy for each risk

Attend and participate in internal meetings, adding value to the Marine team and the wider organisation

Attend Broker and Client meetings. Working closely with brokers and develop strong relationships to facilitate the business and portfolio

Reporting and tracking of all internal audit and compliance requirements for the Portfolio - including KYC, Sanctions, ESG requirements. Working efficiently and successfully with internal stakeholders in these areas

Working with Technical Assistants to ensure all data entered is accurate

Gain to strong working knowledge of all SCOR MI data, and work with Underwriters on regular reporting projects in order to continually monitor performance of the portfolio

Monitor upcoming renewals and risks in the new business pipeline

AttendSCOR's Lloyd's box to service brokers submissions and endorsements if and when necessary

Broker/Client Interaction

Provide a professional service to brokers, clients and external suppliers in person,by email and telephone

Maintain and develop broker relationships, responding to queries in a timely fashion

Prepare for, attend, and take minutes at client meetings as required

Liaise with brokers to ensure all slips and additional information received is accurate and complete

Reporting & Operational Requirements

Provide accurate management information to the Underwriting team and senior management when required

Produce ad hoc reports, presentations and other team literature for key relations as and when requested

Monitor and chase brokers for all credit control aged debt ensuring the timely collection of premiums

General Requirements

Identify and report problems within the underwriting administration system and assist with solution design.

Assist with User Acceptance Testing of the underwriting administration system as and when required.

Interact with all SCOR teams including claims, finance, operations and compliance on matters affecting or related to accounts within the team's portfolio

Participate in cross-team projects as required

Undertake any other reasonable duties as may be requested by SCOR staff

Comply with SCOR policies, procedures and regulations relevant to your role

Manage training needs through attendance of relevant training as advised by your line manager and also market presentations where relevant to your role

Carry out additional responsibilities as defined through your objectives

Uphold the principal of Treating Customers Fairly

Finalities

Contributes to the Company's result by:

Guaranteeing that the underwriters have accurate and up to date information to assist them in performing their duties.

Contributing to the team's targets through effective and quality Underwriting within agreed limits.

Qualifications Required Education

Educated to A Level, or equivalent qualifications

Relevant university degree, or equivalence

ACII Diploma

Progession towards a professional qualification

Lloyds Market Test

Required experience & competencies

Several years of experience gained within the marine insurance industry

High level of analytical, numeracy and literacy skills

Good MS Office applications skills (Outlook, Word, Excel, PowerPoint)

Familiar with using UW systems, rating tools, reporting etc

Experience within an International environment

A few years of direct underwriting experience in the London market or elsewhere

Outcome focused, self-motivated, flexible, enthusiastic

Professional approach to working with key stakeholders at all levels of authority

Strong understanding of the importance of data quality and its affects on the portfolio analysis and account performance

Demonstrate ability to manage time, meet deadlines and prioritise effectively

Proactive with drive to succeed

Uses initiative and common sense

Approachable

Strong communication skills verbally, via email and telephone

Team player as well as capable of working on own initiative

• Locations Level 6, London, United Kingdom, EC2N 4BQ, GB

SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.