Job Description

Job Category: Underwriting / Sales
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SCOR, one of the world's largest reinsurers, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Leveraging experience and expertise to deliver The Art & Science of Risk, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk - from Life & Health (L&H) and Property & Casualty (P&C) insurance to Investments. Our specialized teams operate in over 160 countries, fostering long-term relationships with clients.
Within SCOR P&C, SCOR Business Solutions (SBS) is the central unit dedicated to insuring the business risks faced by large corporate companies. It has been serving its customers for more than 45 years and has maintained a continuous presence in the market by upholding a strong technical culture supported by SCOR's best-in-class financial strength rating. Business activity is structured around four regions (NA, LATAM, EMEA, APAC) through various lines of business (e.g. Property, Construction, Energy, Casualty/Financial Lines, etc.). Clients in each region are served by specialized underwriters who rely on SCOR's technical expertise and client knowledge.
In order to provide our clients with a broad range of innovative reinsurance solutions, SCOR pursues an underwriting policy that is founded on profitability and supported by effective risk management strategy and a prudent investment policy. This approach allows us to offer clients an optimum level of security, to create value for shareholders, and to contribute to the welfare and resilience of society by helping to protect insureds against the risks they face.
At SCOR, we believe that employing people from different backgrounds and ensuring inclusivity is a major driving force for the success of the Group. We are committed to fostering a work environment in which all employees are treated fairly and respectfully, have equal access to opportunities and resources, and can contribute fully to SCOR's success.
Responsibilities:
Job Summary

• Key role is to maintain and develop a profitable portfolio of APAC Property & Power accounts through his/her relationships with brokers and through new sources, within the guidelines specified at group level that will contribute to the achievement of the underwriting plan
• Contribute to the overall results of the Group by sound technical and profitable underwriting
• Develop SCOR's market share and leadership position in Property & Power segment
• Coordinate all marketing activities in APAC, representing overall SCOR P&C and SBS's interest in the market, especially on the assigned Market/Country
• Enhance Group image in the market by efficient and innovative support of client needs
• Actively review new submissions and determine risk quality and pricing terms in line with underwriting guidelines, pricing tools and market conditions

Key duties and responsibilities

• Generate new offers and promote the Group by pro-active marketing in accordance with the defined strategy and risk appetite.
• Receive, select and evaluate offers of Property/Power business from various sources by independently analysing all information including risk engineering reports, calculate ratings, negotiate conditions of the contracts. Respond to all offers in a timely manner.
• Contribute and share technical knowledge in which the jobholder is working.
• Maintain strong relationships with clients, cedents and brokers.
• Establish market network in the assigned Market/Country to enhance our local franchise.
• Execute growth strategies including Key account management, and Cross Sell Initiatives. Support other SCOR lines by cross selling (Casualty, Alternative Solutions, Constructionxe2x80xa6).
• Research, develop and report on new areas of profitable growth, such as hi-tech, new energies, renewables
• Maintain an accurate database of risks accepted in various IT systems used by SBS, e.g. UP, Forewriter, Omega II, SalesForce.
• Produce reports of various formats for reporting purposes as required.
• Contribute to the claims settlement in conjunction with the claims department.
• Support colleagues within APAC Property & Power Team to manage peak periods in the respective countries.
• Collaborate positively with other departments and colleagues within SBS and elsewhere throughout all Underwriting Centres (Singapore, London, Paris,..)

Special Projects

• Engage in global underwriting projects and/or transversal initiatives, e.g. new energy initiative.

Qualifications:
Required Experience

• At least 3 years underwriting experience in Property LOB in the insurance/reinsurance market
• Tertiary education, preferably from engineering discipline along with Insurance Qualifications of CII, SCI or ANZIFF will be advantageous
• Working experience in international/multinational insurer/reinsurer
• Proven underwriting skills for complex property program of large corporates (wordings, quotations)
• Industrial working experience and/or technical knowledge in in industrial risks
• Risk management knowledge
• Knowledge of competitors, cedents and brokers within APAC market and internationally

Personal Competences

• Team player, good interpersonal skills with strong collaborative mindset
• Proactive, motivated and result oriented
• Accountable, reliable, integrity
• Curiosity, keen to take on new challenges and responsibilities (e.g. new products or market)
• Resilience, able to work under pressure with competing priorities
• International minded
• Commercial and tactical vision - ability to successfully negotiate face to face with brokers
• Combines strong technical skills with good commercial acumen skills

About Us:
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.