Senior Underwriter, Casualty

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, with an underwriting DNA based on technical expertise and in-depth industry knowledge.

We are large but small working in a global product oriented structure meaning that client not geography comes first.

We get excited about offering our clients a 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 Group generated premiums of EUR 19.4 billion in 2023 and serves clients in around 160 countries from its 35 offices worldwide.

No two days are the same, but that is how we become the experts that our clients expect to work with. Producing and managing your portfolios of accounts, through the strong market relationships you have is at the core of your role  guidelines we develop are built to support the underwriting business plan for your line of business, but you have the chance to do much more than that, by actively contributing to portfolio growth and diversification, supporting the overall organisation strategy.

There is always a lot to do, but everything is linked to the overall results of SCOR Business Solutions, developing our market share, and enhancing our market image.

When you receive, select and evaluate offers of business from various sources, your role is to produce termsand to negotiate the bespoke wordings of the contracts. But we also want you to support the development of our submission pipeline and promote SCOR by pro-active marketing in line with the strategy and guidelines defined by us.

Business and Market relationships are key to yours and our success. By maintaining and developing these relationships with clients and brokers and attending broker and client hosted events, you get the chance to be part of our growth.

We want you to be curious and innovative. We see research and development as an important part of our work, with a desire to look at new areas of potential profitable growth.

It is also important to emphasise the importance of working as a team ther it’s across underwriting, or working closely with Claims and Pricing, we are successful because of this collaboration.

Some of the expectations of your role are;

• Be part of the team delivering profitable growth and diversify the portfolio in accordance with strategy and in accordance with the SBS Insurance Guidelines and practices
• Receive, select, and evaluate offers of business from various sources, calculate pricing, & negotiate conditions of the contracts.
• Take time to identify, research, develop and report on new areas of profitable growth
• Be comfortable in marketing all SBS capabilities and product solutions to Corporate Risk Managers, Brokers and Ceding Companies with a specific emphasis Casualty
• Develop marketing materials and intelligence documentation based on research and analysis of both the portfolio results and the market data
• Provide technical expertise, best practices and mentoring to underwriters in the region that assist in sourcing new business opportunities
• Collaborate with peers other regions to share market intelligence, best practices but most importantly ensuring that our underwriting methodology is consistent throughout the World.
• Assist other business lines in local market interactions to support cross-LOB growth
• Collaborate with the Claims Function in negotiating/resolving the claims arising from your portfolio.

Ensure data quality and reporting to all our IT systems

Required experience & competencies

• Strong underwriting experience across the market
• High technical acumen of reinsurance and insurance principals.

Cycle Management – Having the ability to manage underwriting decisions and relationships around the markets cyclical nature;
You are able to flex your mindset around underwriting strategy, capacity management,…