Property Underwriter

4 days ago

London, United Kingdom SCOR Full time

**Job Summary**
- Manage the existing portfolio (renewals, endorsements, risk and coverholder visits, client meetings, claims involvement)
- Contribute positively to the overall results of SCOR Syndicate by demonstrably sound technical and profitable underwriting
- Develop SCOR Syndicate’s market share and leadership position
- Enhance SCOR Syndicate’s image in the market by efficient and innovative support of client needs
- Receive, select and evaluate offers of business from various sources, calculate ratings and negotiate the conditions and exclusions of the contracts
- Generate new offers and promote SCOR Syndicate by pro-active marketing in accordance with the strategy and guidelines defined in the SBF and the Syndicate Protocols and appropriate regulatory Guidelines
- Maintain and develop relationships with clients and brokers; travel as and when required to do so
- Respond to all offers in a timely manner
- Assist the Senior Underwriter 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 Senior Underwriter 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.

**Required education**
- ACII Qualified
- Educated to A Level
- Relevant university degree

**Experience**
- Established underwriter with several years experience in fac/direct underwriting experience in the London market or elsewhere
- Proven underwriting skills including writing new business and renewals
- Experience of writing International Business
- Sound knowledge of competitors, cedants, reinsurers and brokers within the London market and internationally
- Good market relationships
- Commercial and tactical vision
- Ability to lead business
- Proven ability to promote the underwriting policy
- Ability to use spreadsheets to a good standard
- Able to adapt well to SCOR Syndicate structure and philosophy, which includes technical underwriting and technical referrals
- Ability to quickly acquire a thorough understanding of SCOR Syndicate underwriting policy and guidelines
- Team player as well as capable of working on own initiative
- Proactive

SCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Leveraging experience and expertise to deliver “The Art & Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk - from Life & Health and Property & Casualty insurance to Investments. Our specialized teams operate in over 160 countries, fostering long-term relationships with clients.

In order to provide our clients with a broad range of innovative reinsurance solutions, SCOR pursues an underwriting policy that is founded on profitability and supported by effective risk management strategy and a prudent investment policy. This approach allows us to offer clients an optimum level of security, to create value for shareholders, and to contribute to the welfare and resilience of society by helping to protect insureds against the risks they face.

At SCOR, we believe that employing people from different backgrounds and ensuring inclusivity is a major driving force for the success of the Group. We are committed to fostering a work environment in which all employees are treated fairly and respectfully, have equal access to opportunities and resources, and can contribute fully to SCOR’s success.

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