At a Glance
- Tasks: Underwrite D&O risks, negotiate terms, and drive new business growth.
- Company: SCOR Business Solutions, a leader in the insurance market.
- Benefits: Competitive salary, career development opportunities, and a dynamic work environment.
- Why this job: Join a forward-thinking team and make a real impact in the insurance industry.
- Qualifications: Experience in underwriting and strong relationship-building skills.
- Other info: Opportunity to work across UK&I and Europe with a focus on innovation.
The predicted salary is between 36000 - 60000 £ per year.
Responsible for underwriting new and renewal accounts as well as risk and client visits, client meetings, claims involvement.
Contribute positively to the overall results of SCOR Business Solutions by demonstrably sound technical and profitable underwriting.
Develop SCOR’s market share and leadership position.
Enhance SCOR’s image in the market by efficient and innovative support of client needs.
Negotiate bespoke service line specific wordings.
Responsibilities
- Evaluate and underwrite complex D&O risks, negotiate bespoke wordings, and proactively drive new business in line with SCOR’s strategy to achieve profitability and growth targets.
- Generate and originate new business and promote SCOR by pro-active marketing in accordance with the strategy and guidelines defined in the SCOR Roadmap and relevant guidelines.
- Successfully execute the Executive Risk strategy.
- Aim to achieve and exceed the financial targets (profitability, expense, premium) for this line of business while also making a positive contribution to the SCOR Business Solutions.
- Proactively manage your accounts and respond to all enquiries in a timely manner.
- Build and maintain strong relationships with brokers and clients across UK&I and Europe in support of business retention and acquisition, delivering exceptional service and collaborating on whole.
D&O Underwriter - SCOR Business Solutions (SBS) in London employer: SCOR
Contact Detail:
SCOR Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land D&O Underwriter - SCOR Business Solutions (SBS) in London
✨Tip Number 1
Network like a pro! Reach out to industry contacts on LinkedIn or attend local events. Building relationships can open doors that applications alone can't.
✨Tip Number 2
Prepare for interviews by researching SCOR and understanding their market position. Show us you know your stuff and how you can contribute to their goals!
✨Tip Number 3
Practice your pitch! Be ready to explain how your skills in underwriting and client management align with SCOR’s strategy. Confidence is key!
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can keep you top of mind and show us you're genuinely interested in the role.
We think you need these skills to ace D&O Underwriter - SCOR Business Solutions (SBS) in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the D&O Underwriter role. Highlight relevant experience and skills that align with SCOR's needs, like underwriting complex risks and client relationship management.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for SCOR. Share specific examples of how you've successfully managed accounts or negotiated bespoke wordings in the past.
Showcase Your Technical Skills: We want to see your technical prowess! Be sure to mention any relevant qualifications or experiences that demonstrate your ability to evaluate and underwrite complex D&O risks.
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to hear from you!
How to prepare for a job interview at SCOR
✨Know Your D&O Inside Out
Make sure you brush up on your knowledge of Directors and Officers (D&O) insurance. Understand the complexities involved, including risk evaluation and bespoke wordings. This will show that you're not just familiar with the basics but can also engage in deeper discussions about underwriting strategies.
✨Showcase Your Negotiation Skills
Since negotiating bespoke service line specific wordings is a key part of the role, prepare examples from your past experiences where you've successfully negotiated terms. Be ready to discuss how you approach negotiations and what strategies you use to achieve favourable outcomes.
✨Demonstrate Proactive Business Development
SCOR values proactive marketing and business origination. Come prepared with ideas on how you would generate new business and enhance SCOR’s market share. Think about innovative approaches you could take to attract clients and retain existing ones.
✨Build Relationships, Not Just Transactions
Emphasise your ability to build and maintain strong relationships with brokers and clients. Prepare to discuss how you’ve successfully managed accounts in the past and how you plan to deliver exceptional service. Remember, it’s all about collaboration and creating long-term partnerships.