Help maintain, develop and underwrite a profitable book of UK Property Cat, Risk, Proportional and London Market D&F business.
The role holder will be responsible, with Senior underwriter support, for reviewing, pricing and analysing enquiries sent to the team, and responding to brokers with quotes / indications / declinatures, where relevant.
Contribute to planning, reporting and projects.
The role will be Property focussed with the potential for involvement with other lines of business and wider team.
Underwriting
In-depth technical analysis of treaty submissions and wordings, within the framework of SCOR Group Guidelines and in close liaison with actuarial / Underwriting Management units Liaise with Senior Underwriters in respect of underwriting decisions and ensure treaties are written and documented in accordance with the prescribed sign off triggers and procedures, with escalation through the relevant reporting line and to Underwriting Management, where requiredMaintain a high level of customer support and timely responses to queriesAssist in the monitoring of the portfolio and tracking of KPIs, and participate in the production of the Underwriting plan, with proposals, objectives and strategies.Keep abreast of regulatory requirements and their impact on clients’ balance sheet, with a view to proposing alternative reinsurance solutions, in collaboration with the relevant SCOR network Attend and document broker, client and market meetings, sharing information internally via salesforce and following up on any related issueSupport the unit in a wide range of common projects, workshops, and presentations
Maintain strong client and broker relationships, Research and develop new partnerships and business opportunitiesAttend underwriting visits and marketing activities and keep these recorded in the Salesforce databasePrepare client action plans and executive summaries in conjunctions with colleagues Engage with other Client Managers to ensure a joined-up, client-centric approach to underwritingIs accountable for the efficient administration of the assigned portfolio and the timely and accurate recording of such in SCOR’s IT systems, with the support of the Technical Acocunting teamMonitor and report on KPIs, risk accumulations and other capacities as necessaryContribute to the production of the Renewal reports, Portfolio Reviews, and Underwriting Plan Marketing
Maintain strong client and broker relationships, Research and develop new partnerships and business opportunitiesAttend underwriting visits and marketing activities and keep these recorded in the Salesforce databasePrepare client action plans and executive summaries in conjunctions with colleagues Engage with other Client Managers to ensure a joined-up, client-centric approach to underwritingRecords and Reporting
Is accountable for the efficient administration of the assigned portfolio and the timely and accurate recording of such in SCOR’s IT systems, with the support of the Technical Acocunting teamMonitor and report on KPIs, risk accumulations and other capacities as necessaryContribute to the production of the Renewal reports, Portfolio Reviews, and Underwriting Plan Experience:
Experience in Property (re)insurance underwritingThe level of the role offered will be based on prior year experienceAbility to provide underwriting services to best serve SCOR´s client needs. Good understanding of the Property insurance and reinsurance market and familiarity with pricing methodologies and actuarial principles Sound analytic skills evidenced by thorough client and market assessments allowing for further development of SCOR's UK property portfolioStrong interpersonal skills and great teamworker, displaying transparent communication. Excellent communication skills for developing or growing a professional networkGood negotiation skills with a focus on value creationEnthusiasm for new business opportunities and the desire to think creativelyOutgoing and confident with good presentation skills. Self-starter, problem solver and entrepreneurial. Curious about innovations and trends Advanced analytical and mathematical skillsMotivated and result oriented with an ability to work in a team and manage peak period workflowsWillingness to travel for periods of several daysExcellent IT skills with respect to standard software Personal Competencies:
Excellent communication skills for developing or growing a professional networkGood negotiation skills with a focus on value creationEnthusiasm for new business opportunities and the desire to think creativelyOutgoing and confident with good presentation skills. Self-starter, problem solver and entrepreneurial. Curious about innovations and trends Advanced analytical and mathematical skillsMotivated and result oriented with an ability to work in a team and manage peak period workflowsWillingness to travel for periods of several daysExcellent IT skills with respect to standard software Required Education
Education to “A” Level standard as a minimum requirement or equivalent qualifications
University Degree and/or Professional Qualification such as ACII or actuarial exams or equivalence