Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Underwrite and manage key construction accounts across Europe and the Middle East.
- Company: SCOR is a leading global reinsurer offering innovative insurance solutions worldwide.
- Benefits: Enjoy a collaborative culture, remote work options, and opportunities for professional growth.
- Why this job: Join a team of industry experts tackling real-world challenges while making a positive impact.
- Qualifications: Experience in construction underwriting and strong negotiation skills are essential.
- Other info: Opportunities for travel and networking with clients and brokers across regions.
The predicted salary is between 43200 - 60000 £ per year.
Senior Underwriter, Construction – SCOR Business Solutions (SBS) SCOR City Of London, England, United Kingdom Join or sign in to find your next job Join to apply for the Senior Underwriter, Construction – SCOR Business Solutions (SBS) role at SCOR Senior Underwriter, Construction – SCOR Business Solutions (SBS) SCOR City Of London, England, United Kingdom 1 week ago Be among the first 25 applicants Join to apply for the Senior Underwriter, Construction – SCOR Business Solutions (SBS) role at SCOR Get AI-powered advice on this job and more exclusive features. As Senior underwriter in the SBS EMEA construction team, you are responsible and accountable for properly underwrite and manage key accounts and projects in the region coming from London brokers or other sources in Continental Europe and Middle East and Africa. You will be adding your specific technical expertise in Construction & Engineering Insurance and your experience of the London market to the highly experienced Scor Business Solutions Construction practice located in Paris and London in order to achieve the objectives of Scor Business Solutions in the construction segment. As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying \”The Art & Science of Risk,\” SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide. Working at SCOR means engaging with some of the best minds in the industry – actuaries, data scientists, underwriters, risk modelers, engineers, and many others – as we work together to find solutions to pressing challenges facing societies. As an international company, our common culture is defined by \”The SCOR Way.\” Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration. SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities. At SCOR Business Solutions, we offer a comprehensive insurance product range to address large corporate and industrial clients\’ complex and evolving needs worldwide. We can do this thanks to our dedicated local expert teams in more than 30 countries, with an underwriting DNA based on technical expertise and in-depth industry knowledge. We get excited about offering our clients diversified and innovative range of insurance solutions and services to control and manage risk. Applying \”The Art & Science of Risk\”, SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society. The SCOR Group generated premiums of EUR 20 billion in 2024 and serves clients in around 160 countries from its 35 offices worldwide. Key duties and responsibilities Under the direct authority of the EMEA construction manager and the strong support of the Global Head of Construction and in coordination with the commercial managers, risk engineers and other lines of business, you will Underwriting activities Produce new business from the EMEA region in Contractors All Risks (CAR) and EAR (Erection All Risks) policies on a Single Project or Annual basis form, insurance and reinsurance. Underwrite, build and maintain a profitable portfolio in accordance with the SBS underwriting guidelines, Roadmaps and more specific ad \’hoc guidance. Underwrite in a technical manner to assess risks in order to determine their insurability and apply appropriate terms and conditions. Contribute to the development and quality of the portfolio in accordance with the underwriting policy and the direction being selected by the Global Line of business. Give added value to the Global Construction teams on specific technical and/or language skills Correctly service the In-force portfolio paying particular attention to profitability. Responsibly manage data recorded in our information systems to give an accurate representation of the risks subscribed and to allow portfolio analysis. Populate and maintain the Underwriting platform and supervise the administration of the OMEGA back-office tool (in liaison with the Technical Assistants) in relation to new or existing accounts Regularly interact with our claims team to inform the underwriting process. Contract Management Comply with internal risk management and compliance, ensure data quality and reporting to all our IT systems, Forewriter, Omega, UP, Slesforce. Ensure proper management of contracts (endorsements, renewals, claims…) and proper control of the accuracy of data keyed into the IT system; Maintain compliance, profitability and sustainability as key drivers for decision making Segment and Client Management Contribute to the commercial activity for the Region, with a specific focus on London brokers and a clear opening to Continental Europe & Middle East opportunities. Build and maintain relationships with clients and their intermediaries (brokers, ceding companies) with a specific focus on lead placements and long term clients. Visit regularly our clients and project sites (approx. 10-20 days of business travel per year) Promote SCOR to our customers by using the communication and marketing products (seminars, forums, materials etc). Identify new business targets in order to develop a profitable profile for Scor Business Solutions. Work in close cooperation and coordination with your colleagues in the SBS network where appropriate for sharing of business objectives to produce the best response to your producers and for the division. Adopt a solution-oriented customer centric view, in building on cross selling with other lines of business or with P&C treaty for facultative services Global Construction Team Participate to broader Global construction initiatives and projects. Experience Established underwriter with several years of direct construction underwriting experience in the London market or elsewhere Proven underwriting skills including technical expertise and wording negotiation Good market relationships Experience of writing international business Reinsurance and Insurance knowledge Industry background in the construction industry would be appreciated, Civil engineering or mechanical engineering, or construction contract management. Sound technical knowledge of subjects associated to underwriting as well as a wider understanding of related legal, risk management, social and economic topics Ability to successfully negotiate \”face-to-face\” with brokers Ability to lead business Ability to promote the underwriting policy Understanding of company computer systems Active engagement and contribution to the global construction team is essential Team player as well as an enquiring mindset with the ability to work independently as a motivated and pro-active self-starter Self-disciplined, principled and decisive decision making Organised and able to prioritise under pressure Ability to evaluate, condense and summarise key information Confidence to develop and maintain a network of brokers and clients Excellent communication and presentation skills and confident to represent SBS at conferences, meetings or professional associations Able to travel Seniority level Seniority level Mid-Senior level Employment type Employment type Full-time Job function Job function General Business Industries Insurance Referrals increase your chances of interviewing at SCOR by 2x Get notified about new Senior Underwriter jobs in City Of London, England, United Kingdom . Underwriting Analyst (Marine Hull and Liability) London, England, United Kingdom 1 day ago GRADUATE CONSULTING ANALYST – PRIVATE EQUITY London, England, United Kingdom 1 day ago Equity Analyst – $2bn AUM Long-Biased Hedge Fund Greater London, England, United Kingdom 3 hours ago London, England, United Kingdom £32,000.00-£34,000.00 21 hours ago London, England, United Kingdom 1 hour ago Reconciliation Specialist – Payment Operations London, England, United Kingdom 21 hours ago Associate, Private Equity Fund Investments (Primaries) London, England, United Kingdom 20 hours ago Hounslow, England, United Kingdom 19 hours ago London, England, United Kingdom 20 hours ago London, England, United Kingdom 19 hours ago Wembley, England, United Kingdom 23 hours ago London, England, United Kingdom 1 hour ago City Of London, England, United Kingdom 22 hours ago Private Equity Associate (NQ / Sept 2025) London Area, United Kingdom £170,000.00-£170,000.00 20 hours ago London, England, United Kingdom 3 weeks ago London, England, United Kingdom 20 hours ago London, England, United Kingdom 2 hours ago London, England, United Kingdom 23 hours ago London Area, United Kingdom 43 minutes ago West Drayton, England, United Kingdom 1 hour ago London, England, United Kingdom 16 hours ago London, England, United Kingdom 1 day ago London Area, United Kingdom £60,000.00-£70,000.00 5 hours ago London, England, United Kingdom 1 day ago London, England, United Kingdom 15 hours ago London Area, United Kingdom £60,000.00-£65,000.00 5 hours ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr
Senior Underwriter, Construction - SCOR Business Solutions (SBS) employer: SCOR
Contact Detail:
SCOR Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter, Construction - SCOR Business Solutions (SBS)
✨Tip Number 1
Network with professionals in the construction insurance sector, especially those who have experience with SCOR or similar companies. Attend industry events and seminars to meet potential colleagues and learn more about the company culture.
✨Tip Number 2
Familiarise yourself with SCOR's core values and 'The SCOR Way'. Understanding their commitment to clients, integrity, and collaboration will help you align your approach during interviews and discussions.
✨Tip Number 3
Prepare to discuss your technical expertise in Construction & Engineering Insurance. Be ready to provide examples of how you've successfully underwritten complex projects and managed key accounts in the past.
✨Tip Number 4
Showcase your ability to build and maintain relationships with brokers and clients. Highlight any previous experiences where you successfully negotiated terms or developed long-term partnerships in the insurance industry.
We think you need these skills to ace Senior Underwriter, Construction - SCOR Business Solutions (SBS)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in construction underwriting, particularly within the London market. Emphasise your technical expertise and any specific projects you've worked on that align with SCOR's focus.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your values align with 'The SCOR Way' and provide examples of how you've demonstrated these values in your previous roles.
Highlight Key Skills: Clearly outline your underwriting skills, negotiation abilities, and experience with international business. Use specific examples to demonstrate your capability to manage key accounts and projects effectively.
Showcase Industry Knowledge: Include any relevant industry background, such as civil or mechanical engineering, and your understanding of legal and risk management topics. This will show SCOR that you have a well-rounded perspective on the challenges faced in the construction sector.
How to prepare for a job interview at SCOR
✨Showcase Your Technical Expertise
As a Senior Underwriter in Construction, it's crucial to demonstrate your technical knowledge in Construction & Engineering Insurance. Be prepared to discuss specific projects you've underwritten and the challenges you faced, showcasing your problem-solving skills.
✨Understand SCOR's Values
Familiarise yourself with 'The SCOR Way' and its core values. During the interview, reflect these values in your answers, especially around collaboration, integrity, and client care, to show that you align with the company's culture.
✨Prepare for Market-Specific Questions
Expect questions related to the London market and your experience with international business. Brush up on current trends and challenges in the construction insurance sector, as this will demonstrate your industry awareness and readiness to contribute.
✨Highlight Relationship Management Skills
Since building relationships with clients and brokers is key, prepare examples of how you've successfully managed these relationships in the past. Discuss your approach to networking and maintaining long-term partnerships, which is vital for this role.
