Insurance Underwriter
4 days ago
Job Overview
">The role of an Insurance Underwriter at Scor involves reviewing and underwriting Casualty treaty programs for UK insurance companies, Lloyd's syndicates, and multinational clients placed in the London market.
Main Responsibilities
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- Maintain and underwrite a profitable book of UK and London Market (Lloyd's & Multinational clients) Casualty Treaty business within a team environment.
- Assume responsibility for own designated accounts and write new treaty business.
- Support the development of the wider Scor team and franchise through close engagement with colleagues specializing in other LoBs and/or geographies.
- In-depth technical analysis of treaty submissions and wordings within the framework of Scor Group Guidelines.
- Keep abreast of regulatory requirements and their impact on clients' balance sheet.
- Participate in the production of the Underwriting Plan with proposal of objectives, strategies, target clients, and assume responsibility for the implementation and accuracy of the plan within his/her area of competence.
- Monitor the accounting, accumulations, and claims activity on the treaties written and follow up with clients/support team where necessary.
- Propose measures to improve treaty performance where relevant.
- Actively engage with the wider Scor Global Casualty community.
Requirements
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- Highly numerate and analytical with excellent understanding of actuarial and pricing principles.
- Resilient and flexible with the ability to work under pressure.
Compensation Package
">We offer a highly competitive salary of £60,000 - £80,000 per annum depending on experience.
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