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

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.

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

• Underwrite and manage a combined Fine Art & Specie portfolio, including high value art and collections, precious metals, bullion, cash in transit, vault risks and jeweller’s 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 Lloyd’s 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 SCOR’s Fine Art & Specie underwriting approach, including portfolio balance, appetite refinement and bespoke solutions.
• Collaborate with SCOR’s 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:

• Proven track record as an Underwriter in the Lloyd’s 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.

Required Education

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

Why Join SCOR

At SCOR, you’ll 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. You’ll have the autonomy to trade, the platform to influence appetite, and the backing of advanced analytics, market-leading learning and development pathways, and genuine cross-border 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 isn’t just recognised — it’s 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.