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Jobs in Singapore   »   Jobs in Singapore   »   Engineering Job   »   Treaty Underwriter, Engineering / Marine & Energy
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Treaty Underwriter, Engineering / Marine & Energy

Scor Services Asia-pacific Pte. Ltd.

The jobholder should recognize him/herself in the values of our organization:

  • We CARE about clients, people and societies
  • We perform with INTEGRITY
  • We act with COURAGE
  • We encourage OPEN MINDS
  • We thrive through COLLABORATION

Key duties and responsibilities

  • Coordinates and drives the underwriting treaty activities related to his/her assigned area; manages client relationship and LOB portfolio for assigned markets in coordination with Specialty Line Engineering and Marine & Energy Regional Managers plus regional P&C market units and support functions.
  • Visits and meets with APAC clients and brokers frequently (with SL and/or P&C responsible or alone) to establish SCOR, to carry SCOR's vision and mission to the marketplace, to collect and analyse all the information needed for a proper underwriting process.
  • Responsible to fully document the outcome of the visit in Salesforce and to address/follow-up any related issue.
  • Responsible for the client relationship and the P&L results related to his/her assigned portfolio.
  • Identifies and analyses existing and potential target clients, their strategy, finance and needs.
  • Evaluate and analyse overall market potential.
  • Contribute to the elaboration and implementation of a strategy, client tactic as well as respective planning and accuracy of plan implementation in his/her area of competence in close coordination with Specialty Line Engineering plus Marine&Energy Regional Managers in line with our global plans
  • Accountable for an efficient administration of his/her assigned portfolio as well as for planning/putting into action pre-underwriting and underwriting operations.
  • Performs in-depth technical analysis of treaty business and assumes underwriting decision taking into account the inputs received from market responsibles, Actuaries, Nat Cat, Technical Accounting, Claims and Legal.
  • Supports Regional SL Managers for Referral escalation to Head of SL Engineering or Marine&Energy when appropriate and necessary.
  • Proactively monitors marketplace/market developments and explores trends / cycles and new potentials (ESG, Renewable Energy, Governmental Stimuli Packages, New Technologies, MGAs etc) in the reinsurance market and coordinates these findings with the respective departments.
  • Prices the treaties which are delegated to the underwriters i.e. categorized as A/B by our pricing team
  • Supports key treaty clients as well with Cedent Advisory Service based on Client segmentation
  • Contributes to the annual (pre-) planning process and presentations as well as workshops

Experience:

  • 5-10 years of reinsurance / insurance marketing / underwriting experience.
  • Good understanding and knowledge of the APAC construction and/or Marine&Energy markets
  • Solid network of brokers and/or cendants working in the engineering / construction (mainly CAR/EAR) sector or Marine&Energy sector
  • Engineering experience in an industrial environment is a plus
  • International experience including travelling

Personal Competencies:

  • Has at least one core competency (LOB,Actuarial,Legal,Finance) within the reinsurance / insurance area.
  • Combines commercial and technical skills to entrepreneurial spirit.
  • Has the overview and is capable to operate trade-offs that maximize client satisfaction and SCOR results.
  • Has decision making skills.
  • Is well structured, has excellent analytical and synthesis skills.
  • Effective negotiator and communicator.
  • Social competency; feedback oriented.
  • Consistent and highly reliable.
  • Delegates effectively.
  • Is capable to motivate people and to encourage knowledge sharing, participation.
  • Problem/conflict solving skills.
  • Energetic/Effective: drives things forward with initiative and ownership.
  • Capable to work under pressure remaining centered and objective even in stressful situation.
  • Ability to give constructive feedback.
  • Shows ownership in his duties and working areas and takes appropriate responsibility.
  • Is willing to learn and to develop him/herself

Required Education

  • University or similar education; preferably civil or mechanical engineering background.
  • Insurance/ Reinsurance qualifications desirable.
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