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Senior Underwriter International Casualty

On-site in London·Added 5 months ago (last checked 1 Oct)

SCOR

26 open roles

Overview

Skills

Requirements

Experience 

Essential

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

  • Proven underwriting skills including wording negotiation
  • Good market relationships
  • Established client relationships
  • Experience of writing international business and international programme business

    Desired

  • Experience of presenting to reinsurers
  • Experience of writing direct (i.e. non-brokered) international business

    Competencies 

  • 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

     

    Why you should join  SCOR Business Solutions ?
     

    You’ll have the scale, reputation and a global platform to write meaningful business combined with the autonomy to shape your portfolio and influence strategy. You’ll work alongside recognised market experts, with real support to grow, innovate and lead.

    If you’re ready to make your mark and step into a senior, internationally focused underwriting role with genuine impact, we’d love to hear from you.  

The role

Are you an experienced London Market underwriter looking to own a global portfolio, shape strategy and write genuinely meaningful business? SCOR Business Solutions (SBS) is looking for a high-calibre Senior Underwriter to drive growth across a diverse, international portfolio spanning the UK Retail market, London Wholesale, Netherlands, Canada and the Nordics. This is a high-impact role with real visibility, market influence and the opportunity to lead from the front.

Some of the key areas of responsibility are as follows;

  • 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's 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

  • Attend market / client meetings to lead discussions on the restructuring of problem cases

  • Actively manage items on the Service Lines Watchlist

  • Monitor and develop the Service lines Pipeline

  • Meet with Service lines reinsurers on a regular basis as required

  • 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

  • Represent SCOR on the LMA panel on an ad hoc basis
  • Oversee the submission of special acceptances to SCOR Underwriting Committee and Reinsurers for those deals which fall outside Underwriting Guidelines and pre-agreed reinsurance treaty terms

Experience

Essential

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

  • Proven underwriting skills including wording negotiation
  • Good market relationships
  • Established client relationships
  • Experience of writing international business and international programme business

    Desired

  • Experience of presenting to reinsurers
  • Experience of writing direct (i.e. non-brokered) international business

    Competencies

  • 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

    Why you should join SCOR Business Solutions?

    You'll have the scale, reputation and a global platform to write meaningful business combined with the autonomy to shape your portfolio and influence strategy. You'll work alongside recognised market experts, with real support to grow, innovate and lead.

    If you're ready to make your mark and step into a senior, internationally focused underwriting role with genuine impact, we'd love to hear from you.

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