At a Glance
- Tasks: Join a dynamic team to deliver underwriting excellence and support innovative risk management strategies.
- Company: SCOR, a leading global reinsurer with a collaborative culture.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Engage with top industry professionals and enjoy excellent career development opportunities.
- Why this job: Make a real impact in the reinsurance industry while driving change and innovation.
- Qualifications: Technical underwriting knowledge and strong relationship-building skills required.
The predicted salary is between 55000 - 65000 £ per year.
Rare opportunity to join the SCOR Life & Health underwriting team, using your underwriting expertise to support both SCOR and our clients in delivering business strategies. In this role you’ll work with a small energetic team to deliver underwriting excellence in all areas of risk management including underwriting service, audits, client relationships as well as philosophy, process & product development. This is a wide and varied role which will suit a curious underwriting professional looking for the next step of their career to be in reinsurance underwriting. We’re looking for an individual with a passion for driving change and the ability to work cross functionally to support innovation with the highest levels of risk management.
Responsibilities
- Provide operational excellence and support customers and clients by underwriting cases in line with agreed philosophy and practice within service levels.
- Support underwriting client relationships including meetings and visits, philosophy and process reviews, product development and training.
- Support the writing of high quality business by delivering underwriting audits and being involved in Distribution Quality Management programmes.
- Analysis and production of Management Information to understand and continuously improve underwriting processes to the benefit of SCOR, our clients and the end consumer.
- Work with other teams across SCOR such as data analytics, claims, pricing and marketing to deliver innovation supporting SCOR, and our clients, strategic goals.
- Keep SCOR underwriting at the forefront of change including horizon scanning and attending industry functions representing the L & H underwriting team.
Qualifications
- Technical underwriting knowledge and risk management skills across Life, Critical Illness and Disability benefits, both medical and financial authorities.
- No previous reinsurance experience is required.
- Recent direct office experience is desirable, with knowledge of the key challenges and opportunities facing insurers in the UK & I markets.
- Product and industry knowledge, understanding of the role of underwriting in the Protection value chain and on profitability.
- Experience in delivering underwriting change to improve underwriting process or philosophy.
- Ability to analyse data to inform change.
- Strong relationship builder, ability to manage stakeholders at all levels.
- Collaborative & organised, able to work as part of a small, busy team.
Medical Underwriter employer: SCOR UK Company Limited
SCOR is an exceptional employer that fosters a dynamic and inclusive work culture, where employees are encouraged to collaborate and innovate in the field of reinsurance underwriting. Located in the heart of London, our team thrives on professional growth opportunities, supported by a commitment to employee development and a diverse range of perspectives. Join us to be part of a forward-thinking organisation that values integrity, courage, and the well-being of both its clients and employees.
StudySmarter Expert Advice🤫
We think this is how you could land Medical Underwriter
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and reinsurance sectors. Attend industry events, webinars, or even local meet-ups. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Show off your skills! Prepare a portfolio or a presentation that highlights your underwriting expertise and any innovative projects you've been involved in. This will help you stand out during interviews and showcase your passion for driving change.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors to refine your responses. Focus on how your experience aligns with SCOR's values and the specific requirements of the Medical Underwriter role.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows your enthusiasm for joining SCOR and being part of our dynamic team. Don’t miss out on this rare opportunity!
We think you need these skills to ace Medical Underwriter
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the specific skills and experiences that match the Medical Underwriter role. Highlight your underwriting expertise and any relevant projects you've worked on, especially those that showcase your ability to drive change and manage risk.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're passionate about underwriting and how you can contribute to SCOR's goals. Be sure to mention any experience with client relationships and cross-functional teamwork.
Showcase Your Analytical Skills:Since this role involves analysing data to inform changes, make sure to include examples of how you've used data in your previous roles. Whether it's improving processes or supporting product development, we want to see your analytical prowess!
Apply Through Our Website:We encourage you to apply directly through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and ensure it reaches the right people!
How to prepare for a job interview at SCOR UK Company Limited
✨Know Your Underwriting Stuff
Make sure you brush up on your technical underwriting knowledge, especially around Life, Critical Illness, and Disability benefits. Be ready to discuss how your expertise aligns with SCOR's philosophy and practices.
✨Show Off Your Relationship Skills
SCOR values strong relationship builders, so think of examples where you've successfully managed stakeholders or built client relationships. Prepare to share how you can support and enhance these connections in your new role.
✨Be Data Savvy
Since the role involves analysing data to inform change, come prepared with examples of how you've used data analysis in past roles. Highlight any experience you have in improving processes based on your findings.
✨Embrace Change and Innovation
SCOR is looking for someone who can drive change and support innovation. Think about times when you've contributed to process improvements or product development, and be ready to discuss how you can bring that mindset to the team.
