Underwriter Casualty EIL SBS (SCOR Business Solutions)
Job Summary
The Casualty/EIL Underwriter will be responsible for evaluating and analyzing risks associated with casualty and EIL insurance policies both renewal and new business. This role involves assessing applications determining coverage terms and making informed decisions to ensure profitability and compliance with company guidelines as well as broker distribution and marketing activities.
Responsibilities
Key duties and responsibilities
- Generate new offers of insurance and promote the Group by pro-active marketing in accordance with the defined strategy and risk appetite.
- Receive select and evaluate offers of Casualty/EIL from various sources by independently analysing all underwriting information including negotiating terms and conditions of the contracts with brokers.
- Contribute to the technical knowledge of sectors in which the jobholder is working.
- Maintain and enhance relationships with clients and brokers in various insurance markets but principally the French market.
- Execute growth strategies including Key account management and Cross Sell Initiatives. Support other SCOR lines by cross selling (Property Alternative Solutions Construction Energy etc.)
- Research develop and report on new areas of profitable growth including new business development
- Maintain operational excellence in line with SCORs back-office systems and processes for example in Forewriter Omega II UP SalesForce as appropriate.
- Produce reports of various formats for reporting purposes as required.
- Contribute to the claims settlement process and provide input as required in conjunction with the claims department.
- Positively interact with other departments and colleagues in SCOR Business Solutions and elsewhere throughout all SCOR Underwriting Centres internationally as appropriate (Singapore London Paris New York)
Qualifications
Required experience & competencies
- Minimum 5 years underwriting experience in insurance/reinsurance market (ideally professional line experience in Direct / Facultative)
- Proven underwriting skills for either complex Casualty or EIL programs of large corporates (wordings quotations technical underwriting)
- Knowledge of the insurance marketplace including the competitor landscape key brokers and market dynamics/cycles
- A strong individual contributor but also a team player who is able to work proactively and collaboratively with other team members to achieve a common goal
- Proactive motivated and results oriented with a can do/solutions focused attitude to work
- Curiosity keen to take on new challenges and responsibilities (e.g. new products or market)
- Resilience able to work under pressure with competing priorities
- Commercial and tactical vision: ability to successfully negotiate face to face with brokers with strong and compelling presentation and communication skills
- Combines strong technical skills with good commercial skills
Required Education
Masters degree Insurance or law.
About Company
As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk,” SCOR uses its industry-recognized expertise and cutting-edge financial soluti ... View more