At a Glance
- Tasks: Manage a portfolio of complex global accounts and develop new business opportunities.
- Company: Join SCOR Business Solutions, a leader in the insurance market with a global presence.
- Benefits: Enjoy competitive salary, professional growth, and the chance to influence strategy.
- Other info: Collaborate with market experts and expand your career in a dynamic environment.
- Why this job: Make a real impact in a senior underwriting role with autonomy and support.
- Qualifications: Proven underwriting experience and strong broker relationships are essential.
The predicted salary is between 60000 - 80000 £ per year.
You will take ownership of a portfolio of complex global accounts, leveraging strong broker relationships in the London Market while actively developing new business opportunities. With a clear mandate to grow and diversify the book, you’ll play a key role in delivering profitable, technically sound underwriting aligned to the wider business strategy.
This role offers genuine breadth, from High Excess and primary lead business to international programme structures, and the opportunity to help expand SBS's lead capabilities globally.
You will be managing and growing an established international portfolio, including renewals, endorsements, client and broker meetings, risk visits and claims involvement.
Responsibilities include:
- Receive, select and evaluate offers of business from various sources, calculate ratings and negotiate the bespoke wordings of the contracts.
- Generate and originate new offers and promote SCOR by pro-active marketing in accordance with the strategy and guidelines defined in the SCOR's Roadmap and relevant guidelines.
- Maintain and develop relationships with clients and brokers; travel as and when required to do so.
- Attend broker and client hosted events.
- Respond to all enquiries in a timely manner.
- Assist the Global Line Head in the research, development and report on new areas of potential profitable growth.
- Maintain accurate records of quotes, risks accepted and declinatures.
- Control and verify premium income according to business plan.
- Assist the Global Line Head to produce reports of various formats for reporting purposes as required.
- Contribute to the claims settlement process in conjunction with the claims department.
- Attend market/client meetings to lead discussions on the restructuring of problem cases.
- Actively manage items on the Service Lines Watchlist.
- Monitor and develop the Service lines Pipeline.
- Meet with Service lines reinsurers on a regular basis as required.
- Contribute to the division’s technical knowledge of sectors and sub-sectors in which the jobholder is working.
- Motivate, encourage and contribute to the training of the team.
- Attend SCOR’s Lloyd’s box to service brokers submissions and endorsements, and negotiate policy terms.
- Ensure compliance with all relevant international licensing requirements for SCOR’s various offices.
- Represent SCOR on the LMA panel on an ad hoc basis.
- Oversee the submission of special acceptances to SCOR Underwriting Committee and Reinsurers for those deals which fall outside Underwriting Guidelines and pre-agreed reinsurance treaty terms.
Qualifications and Experience:
- Essential: Established underwriter with several years experience of direct underwriting experience in the London market or elsewhere.
- Proven underwriting skills including wording negotiation.
- Good market relationships.
- Established client relationships.
- Experience of writing international business and international programme business.
- Desired: Experience of presenting to reinsurers.
- Experience of writing direct (i.e. non-brokered) international business.
Competencies:
- Sound technical knowledge of subjects associated to underwriting as well as a wider understanding of related legal, risk management, social and economic topics.
- Knowledge of competitors, cedants, reinsurers and brokers within the London market and internationally.
- Commercial and tactical vision.
- Ability to successfully negotiate “face-to-face” with brokers.
- Ability to lead business.
- Ability to promote the underwriting policy.
- Ability to use spreadsheets to a good standard.
- Able to adapt well to SCOR structure and philosophy, which includes technical underwriting and technical referrals.
- Ability to quickly acquire a thorough understanding of SCOR’s underwriting policy and guidelines.
- Understanding of company computer systems.
- Team player as well as capable of working on own initiative.
- Proactive.
- Strong verbal and written communication skills.
Why you should join SCOR Business Solutions?
You’ll have the scale, reputation and a global platform to write meaningful business combined with the autonomy to shape your portfolio and influence strategy. You’ll work alongside recognised market experts, with real support to grow, innovate and lead. If you’re ready to make your mark and step into a senior, internationally focused underwriting role with genuine impact, we’d love to hear from you.
Senior Underwriter International Casualty - SCOR Business Solutions (SBS) in London employer: SCOR
SCOR Business Solutions is an exceptional employer, offering a dynamic work environment in the heart of London where you can take ownership of a diverse portfolio and develop strong broker relationships. With a commitment to employee growth, you will have the opportunity to work alongside industry experts, influence strategy, and contribute to meaningful business outcomes while enjoying a culture that values innovation and collaboration.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriter International Casualty - SCOR Business Solutions (SBS) in London
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals at events or through LinkedIn. Building relationships can open doors to opportunities that aren’t even advertised.
✨Tip Number 2
Show your expertise! When you get the chance to chat with potential employers, don’t hold back on sharing your knowledge about underwriting and market trends. It’ll show them you’re the real deal.
✨Tip Number 3
Be proactive! If you see a company you want to work for, reach out directly. Express your interest and ask about potential openings. Sometimes, a little initiative goes a long way!
✨Tip Number 4
Apply through our website! We’ve got loads of opportunities waiting for you. Plus, applying directly shows you’re serious about joining our team and helps us get to know you better.
We think you need these skills to ace Senior Underwriter International Casualty - SCOR Business Solutions (SBS) in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the specific skills and experiences that align with the Senior Underwriter role. Highlight your underwriting experience, especially in the London market, and any relevant international business dealings.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for SCOR Business Solutions. Mention your strong broker relationships and how you plan to contribute to growing the portfolio.
Showcase Your Technical Skills:Since this role requires sound technical knowledge, be sure to include examples of your underwriting skills and any experience with bespoke wordings. This will demonstrate your capability to handle complex risks.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity at SCOR!
How to prepare for a job interview at SCOR
✨Know Your Portfolio Inside Out
Before the interview, make sure you thoroughly understand the types of accounts you'll be managing. Familiarise yourself with SCOR's existing portfolio and be ready to discuss how your experience aligns with their needs, especially in terms of complex global accounts.
✨Showcase Your Broker Relationships
Highlight your strong broker relationships in the London Market. Be prepared to share specific examples of how these connections have helped you generate new business opportunities or resolve challenges in the past.
✨Demonstrate Technical Expertise
Since this role requires writing technically strong, profitable business, brush up on your underwriting skills. Be ready to discuss your experience with bespoke wordings and how you've successfully negotiated terms in previous roles.
✨Prepare for Market Insights
SCOR values a proactive approach to market presence. Research current trends in international underwriting and be prepared to discuss how you can contribute to expanding SCOR’s leadership position across multiple geographies.