At a Glance
- Tasks: Lead underwriting and claims strategies while driving innovation and market presence.
- Company: Join SCOR, a leader in reinsurance with a collaborative culture.
- Benefits: Competitive salary, professional development, and opportunities for impactful work.
- Other info: Dynamic role with opportunities for thought leadership and career growth.
- Why this job: Make a difference in the insurance industry with your expertise and insights.
- Qualifications: Experience in underwriting or claims with strong communication and analytical skills.
The predicted salary is between 60000 - 80000 £ per year.
The varied work of this role strengthens SCOR’s market presence and risk management, providing underwriting and claims expertise for all areas of development including tenders, partnerships and new propositions, product development, benchmarking and technology enhancements.
Responsibilities
- Building strong relationships with SCOR clients, supporting SCOR and SCOR clients with achieving their underwriting and claims strategies.
- Conducting market benchmarking, analysing and sharing results to support and drive change in key industry challenge areas.
- Review client technology, processes and philosophy driving optimised risk control and customer journeys.
- Collaborate across SCOR to co-create innovative reinsurance solutions with clients, including innovative underwriting factors, supporting the evolution of the UK and Ireland Protection market.
- Using data to identify market trends and opportunities for Underwriting and Claims developments.
- Review clients' practice, process and data to inform accurate pricing for tenders and in-force management.
- Calculate Client Specific Adjustments for tenders and review methodology where required.
- Review client underwriting proposals, working with the wider SCOR team to understand pricing and experience.
- Recommend targeted enhancements to support client strategies, improve risk selection and expand access to insurance.
- Continuously assess market best practice and product innovation, feeding insights into pricing strategy and product development.
- Ensure underwriting and claims is compliant with legislative issues (such as Data protection etc).
- Collaborate with the wider underwriting team on the underwriting audit process.
Thought Leadership & Horizon scanning
- Proactively monitor and interpret emerging underwriting and claims trends, translating insights into strategic recommendations.
- Work closely with other SCOR teams to share knowledge and recommend actions for SCOR and clients.
- Act as a trusted technical authority in client engagements and industry forums, strengthening SCOR’s market position.
- Build strong relationships with key client contacts.
- Deliver thought leadership through presentations, articles, and participation in industry events.
Qualifications
- Experienced Development Underwriter or underwriting/claims leader with significant insurance or reinsurance experience.
- Recent or current underwriting authorities.
- Experience working cross-functionally.
- Holistic view of risk management with understanding of the impact of changes in underwriting and claims on claims experience.
- Strong product, technical and industry knowledge.
- Excellent organisational and planning skills.
- Experience in delivering process, philosophy or propositional change.
- Curiosity and a strong desire to support and drive change in underwriting and claims.
- Excellent communication, presentation and interpersonal skills, proven track record of building strong relationships.
- Ability to work unsupervised pulling in resources as required.
- Ability to utilise data in key risk management decision making.
- Project management capabilities.
- In-depth knowledge of Word, Outlook, Excel and PowerPoint.
Required Education
N/A
Underwriting & Claims Development Manager in London employer: SCOR
SCOR is an exceptional employer, offering a vibrant and inclusive work culture that fosters collaboration and innovation within its dynamic actuarial team. As an intern in the heart of the Lloyd's of London insurance market, you will gain hands-on experience with cutting-edge modelling tools while working alongside industry experts, ensuring ample opportunities for personal and professional growth. With a commitment to diversity and employee well-being, SCOR not only values your contributions but also supports your development in a meaningful and rewarding environment.
