Underwriter, North American Binding Authority - SCOR Business Solutions (SBS)

Underwriter, North American Binding Authority - SCOR Business Solutions (SBS)

London, United Kingdom

Job Description

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 service line specific wordings

Represent SCOR at international events, both general industry conferences and client hosted annual conferences

Responsibilities

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 pro-active 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 sub-sectors 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

Qualifications

Required Education

Educated to A Level, or equivalent qualifications

Relevant university degree, or equivalence

ACII Qualified

Required experience & competencies

Experience

Established underwriter with several years of direct underwriting experience in the London market or elsewhere

Proven underwriting skills including wording negotiation

Established market relationships

Experience of writing international business

Sound technical knowledge of subjects associated to underwriting as well as a wider understanding of related legal, risk management, social and economic topics

Knowledge of competitors, cedants, reinsurers and brokers within the London market and internationally

Commercial and tactical vision

Ability to successfully negotiate face-to-face 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

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

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.