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Underwriter , Financial Institutions - SBS (SCOR Business Solutions)
LondonSource: WhatJobs
See advert for pay
Overview
In this FI Underwriter role you support underwriting and management of a portfolio of Financial Institutions risks, collaborating with senior underwriters, brokers, and stakeholders. You will develop technical underwriting skills while gaining a deep understanding of the FI market. The position offers autonomy within a visible underwriting capacity and focuses on profitable, risk-aware decision making. You contribute to portfolio performance and client relationships in a global reinsurer environment, applying the SCOR Way values to drive value for clients and the business.
Responsibilities
Underwrite new business and renewals within delegated authority
Review submissions, financial information, and supporting docs
Attend and participate in client/broker meetings
Prepare underwriting and pricing analyses for senior review
Support portfolio monitoring and exposure management
Build and maintain broker/trading partner relationships
Attend/host broker meetings and industry events
Support retention and identification of new opportunities
Monitor profitability, rate adequacy, and portfolio performance
Maintain underwriting records and systems
Ensure compliance with guidelines, regulatory requirements, and controls
Contribute to portfolio reviews and underwriting audits
Collaborate with senior underwriters, claims, actuarial, legal, and operations teams
Participate in underwriting discussions and referral processes
Contribute to process improvements
Key requirements
Demonstrated FI underwriting experience
Several years in underwriting/assistant/broker roles relevant to FI, Financial Lines, PI, D&O, Cyber, Specialty Lines
Understanding of underwriting principles and insurance products
Strong analytical and numerical skills
Excellent communication and relationship-building abilities
Highly organized with strong attention to detail
Ability to manage multiple priorities in a fast-paced environment
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