Who we are
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 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 (LATAM, NA, EMEA, APAC) through seven global lines of business (Property, Construction, Energy, Casualty, Financial Lines & Executive Risks, Marine/Transport & Space, Political/Credit and Political Violence, ). Clients in each region are served by specialized underwriters who rely on SCOR's technical expertise and client knowledge.
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 Business Solutions and SCOR P&C’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.
- Contribute to the technical knowledge of sectors in which the jobholder is working.
- Maintain 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, Construction…).
- Research, develop and report on new areas of profitable growth, such as new energies, renewables or Hi-Tech.
- Maintain an accurate database of risks accepted in various IT systems used by SBS, e.g. Underwriting Platform (UP), 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.
- Positively interact with other departments and colleagues in APAC and elsewhere throughout all Underwriting Centres (Singapore, London, Paris,…).
Special Projects:
- Engage in global underwriting projects and/or transversal initiatives.
Experience:
- 5+ years underwriting experience in insurance/reinsurance market.
- 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 industrial risks or Hi-Tech segment.
- Risk management knowledge.
- Reinsurance and insurance 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.
- Integrity, accountable, reliable.
- Detailed & analytical.
- Curiosity, keen to take on new challenges and responsibilities (e.g. new products or market).
- Resilience, able to work under pressure with competing priorities.
- Commercial and tactical vision – ability to successfully negotiate “face to face” with brokers.
- Combines strong technical skills with good commercial skills.
