Senior Underwriter, Casualty Treaty

Description

The (Senior) Underwriter Casualty Treaty will

• take full responsibility for the assigned accounts encompassing marketing and business development client relationship management underwriting and pricing contract certainty as well as related administrative activities

• demonstrate a strong commercial mindset combined with disciplined underwriting expertise with a clear focus on delivering sustainable and profitable growth

• contribute to planning reporting and projects.

• Support the development of the wider SCOR team and franchise through close engagement with colleagues specialising in other LoBs and/or geographies including participation in ad-hoc project work and some wider underwriting support.

Responsibilities

Underwriting

• Provide in-depth technical analysis of treaty submissions and wordings within the framework of the SCOR Group guidelines and procedures and in close liaison with the manager
• Construct underwriting decision proposals with escalation through the relevant reporting line and to Underwriting Management where required
• Negotiate best obtainable terms and conditions including most preferred signings
• Review and prepare wordings and other contractual documents
• Price business within agreed delegation / in accordance with Pricing & Modelling guidelines
• Maintain an efficient workflow system for renewal monitoring and reporting
• Deliver a high level of customer service and timely responses to queries
• Monitor market developments trends and cycles within the designated area and coordinate these findings internally
• Regularly review accounting and claims activity on the treaties written and take action or follow up with manager/support teams where necessary
• Maintain strong client and broker relationships positioning SCOR as a strategic partner and research and develop new partnerships and business opportunities
• Attend underwriting visits and marketing activities and keep these recorded in the Salesforce database
• Prepare client action plans and executive summaries in cooperation with colleagues
• Engage with other Client Managers to ensure a joined-up client-centric approach to underwriting

Marketing

• Maintain strong client and broker relationships positioning SCOR as a strategic partner and research and develop new partnerships and business opportunities
• Attend underwriting visits and marketing activities and keep these recorded in the Salesforce database
• Prepare client action plans and executive summaries in cooperation with colleagues
• Engage with other Client Managers to ensure a joined-up client-centric approach to underwriting

Records and Reporting

• Is accountable for the efficient administration of the assigned portfolio and the timely and accurate entry of such in SCORs systems by the Technical Accounting and Assistance team

• Monitor and report on KPIs risk accumulations and other capacities as necessary
• Contribute to the production of the Renewal reports Portfolio Reviews and Underwriting Plan
• Support the unit in a wide range of common projects such as workshops presentations seminars & events.

Qualifications

Experience:

• Significant working experience in Casualty (re)insurance underwriting
• The level of the role offered will be based on prior experience
• Ability to provide high-quality underwriting services and differentiated solutions to best serve SCORs client needs. Good understanding of UK casualty insurance and reinsurance market
• Demonstrated experience as a successful relationship manager and a good negotiator comfortably interacting effectively across all levels. Enjoys dealing with clients and selling solutions have a persuasive personality and strong follow-through skills
• Sound analytic skills evidenced by thorough client and market assessments allowing for development of strategies to improve business
• Strong interpersonal skills able to inspire others coach effectively and promote teamwork. Displays transparent communication and empowers others through effective knowledge sharing
• Excellent communication skills for developing or growing a professional network
• Strong negotiation skills with a focus on value creation
• Enthusiasm for new business opportunities and the desire to think creatively
• Outgoing and confident with good presentation skills. Self-starter problem solver and entrepreneurial. Curious about innovations and trends
• Advanced analytical and mathematical skills
• Motivated and result oriented with an ability to work in a team and manage peak period workflows
• Willingness to travel for periods of several days
• Excellent IT skills with respect to standard software

Personal Competencies:

• Excellent communication skills for developing or growing a professional network
• Strong negotiation skills with a focus on value creation
• Enthusiasm for new business opportunities and the desire to think creatively
• Outgoing and confident with good presentation skills. Self-starter problem solver and entrepreneurial. Curious about innovations and trends
• Advanced analytical and mathematical skills
• Motivated and result oriented with an ability to work in a team and manage peak period workflows
• Willingness to travel for periods of several days
• Excellent IT skills with respect to standard software

Required Education

• Education to A Level standard as a minimum requirement or equivalent qualifications

• University Degree and/or Professional Qualification such as ACII or actuarial exams or equivalence

Required Experience:

Senior IC

Employment Type : Contract
Experience: years
Vacancy: 1