Underwriter, Fine Art & Specie SCOR Business Solutions (SBS)

Description

At SCOR Business Solutions (SBS) we provide insurance and reinsurance solutions to large corporate institutional and specialist clients worldwide. This is delivered through dedicated expert teams in more than 35 countries supported by a strong underwriting culture grounded in technical expertise and deep market knowledge.

Applying The Art & Science of Risk SCOR combines disciplined underwriting with analytical insight to help clients manage complex risks and to support resilience across markets and communities.

In 2024 the SCOR Group generated approximately EUR 20 billion in premiums serving clients in around 160 countries from 35 offices worldwide offering a genuinely international underwriting platform.

The Role

As an Underwriter within the Fine Art & Specie team in London you will be responsible for underwriting and managing a portfolio of high value specialist risks. The role sits at the intersection of technical underwriting portfolio management and broker engagement with a strong emphasis on quality discipline and collaboration.

You will work closely with colleagues across London and the wider global Fine Art & Specie network as well as with Claims Operations and other specialty lines to ensure consistent underwriting standards and effective portfolio oversight.

Responsibilities

We are looking for an individual who is analytical detail oriented and technically minded with a pragmatic approach to underwriting. You will be articulate and commercially aware comfortable making decisions under pressure and working to tight deadlines while maintaining a disciplined and considered approach to risk.

Strong underwriting experience is essential alongside established broker and client relationships and a genuine interest in developing and managing a Fine Art & Specie portfolio over the long term.

Core Underwriting Portfolio & Market Responsibilities

• Underwrite and manage a combined Fine Art & Specie portfolio including high value art and collections precious metals bullion cash in transit vault risks and jewellers block
• Apply specialist technical underwriting judgement across valuation provenance security arrangements storage transit methodologies aggregation and catastrophe exposure
• Assess and manage correlated and accumulative exposures including shared storage locations transit routes geopolitical risk theft fraud and man made loss scenarios
• Underwrite price and negotiate risks submitted via Lloyds box e trading platforms and other underwriting channels in line with agreed appetite and authority
• Manage the existing portfolio including renewals endorsements claims involvement and client or risk discussions as required
• Work closely with the Claims function to support effective claims handling and feedback into underwriting
• Contribute to the ongoing development of SCORs Fine Art & Specie underwriting approach including portfolio balance appetite refinement and bespoke solutions
• Collaborate with SCORs global Fine Art & Specie network underwriting risks across borders and territories and ensuring consistency of underwriting standards and discipline
• Generate interpret and manage underwriting data and reports providing accurate insight to support day to day underwriting portfolio monitoring and management reporting
• Build and maintain effective working relationships with brokers and clients attending meetings and market interactions as appropriate
• Ensure compliance with all regulatory licensing and internal governance requirements.

Qualifications

The ideal candidate will have the following experience & competencies

Experience

• Proven track record as an Underwriter in the Lloyds market or an equivalent international market
• Significant experience underwriting Fine Art & Specie risks
• Demonstrated expertise in risk selection pricing and bespoke wording negotiation
• Established broker and client relationships
• Experience underwriting international and cross border portfolios
• Acumen of reinsurance and insurance principals.

Core Competencies

• Strong technical underwriting capability supported by a sound understanding of legal risk management and market considerations
• Good operational competence across underwriting and placement systems including XUBER Power BI Placing Hub PPL and Whitespace
• Ability to work confidently with underwriting data MI and reports to support trading and portfolio oversight
• Clear and effective communicator comfortable engaging with brokers clients and internal stakeholders
• Sound judgement accountability and the ability to make balanced decisions under pressure
• Organised proactive and able to manage competing priorities
• Team oriented with a willingness to support and develop colleagues
• Willingness to travel internationally when required
• Fluency in English is essential;
• Proficiency in one or more additional languages is desirable and considered an asset reflecting the international and cross border nature of the role.

Required Education

• Degree educated or equivalent professional experience
• ACII qualified or demonstrable progress toward completion (or commitment to complete)

Why Join SCOR

At SCOR youll operate at the heart of the City while collaborating with specialists across 35 international offices giving you exposure to diverse risks territories and emerging challenges. Youll have the autonomy to trade the platform to influence appetite and the backing of advanced analytics marketleading learning and development pathways and genuine crossborder mobility to keep sharpening your technical edge.

Our culture values sound judgement strong broker relationships and diversity of thought all within a flexible inclusive and caring environment designed to help you perform at your best. At SCOR your underwriting expertise isnt just recognised its amplified.

We invest in your wellbeing value diverse perspectives and give you the tools to thrive from flexible working to programmes that support parents caregivers and mental wellbeing.

If you want a career where your expertise matters where you can innovate influence and help build a safer future SCOR is the place to do it.

Employment Type : Contract
Experience: years
Vacancy: 1