Underwriter, North American Binding Authority

Required Education

Essential

• Educated to A Level, or equivalent qualifications

Desirable

• Relevant university degree, or equivalence 

• ACII Qualified

Required experience & competencies

Experience 

Essential

• 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

Desired

• Established client relationships

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

• 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

Required Education

Essential

• Educated to A Level, or equivalent qualifications

Desirable

• Relevant university degree, or equivalence

• ACII Qualified

Required experience & competencies

Experience

Essential

• 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

Desired

• Established client relationships

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