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Open nowPosted 13 days ago

Senior Underwriter

MyCareersFuture94,028 open roles

Pay
SGD 14,000 – SGD 19,200 a Monthly
Where
Central, Singapore
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Your applicationOpen nowSenior UnderwriterMyCareersFuture · Central, Singapore

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  3. 25 readersRecruiter, hiring manager, skeptic. Round after round.

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The clock on this job

Early applications get read.

7.7% of postings close within 7 days. Measured by our own scanner across the market.

Share of postings closed within
  1. 1.6%1 day
  2. 3.3%3 days
  3. 7.7%7 days
  4. 14.0%14 days
  5. 33.7%30 days
This job: posted 13 days ago

The posting

Key duties and responsibilities

No two days are the same, but that is how we become the experts that our clients expect to work with. Helping to produce and manage the portfolios of accounts, through the building of strong market relationships, is at the core of your role at SCOR. The guidelines we develop are built to support the underwriting business plan for your line of business, but you play a key role in its delivery.

When you receive, select and evaluate offers of business from various sources, your role is to support in determining the quality of the proposal, analyze the exposure, and at times negotiate the best terms for SCOR whilst satisfying the needs of the client.

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 emphasize the importance of working as a team at SCOR. Whether 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 Facultative 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 and cross selling the capabilities of other units across the Group, be it Treaties, AS, Specialty Lines or SBS to Managers, Brokers and Ceding Companies

Develop marketing materials and intelligence documentation based on research and analysis of both the portfolio results and the market data

Contribute marketing materials and intelligence documentation based on research and analysis of both the portfolio results and the market data

Provide technical expertise and best practices to underwriters and clients in the region.

Collaborate with peers in 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 the overall SCOR’s 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

10+ years of relevant experience in the insurance industry (underwriting, broking, loss adjusting, risk engineering) , preferably in the Construction/Engineering line of business

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