Energy Underwriter
2 weeks ago
Contribute to the overall results of the Group by sound technical and profitable underwriting.
- Develop SCOR’s market share and leadership position.
- Enhance Group image in the market by efficient and innovative support of client needs.
- Generate new offers and promote the Group by pro-active marketing in accordance with the strategy and guidelines defined by SBS managers.
- Receive, select and evaluate offers of facultative and direct business from various sources, calculate pricing, negotiate conditions of contracts.
- Work very closely with regional energy underwriter and step in as back up underwriter in case of an absence of the regional underwriter.
- Research, develop and report on new areas of profitable growth.
- Maintain an accurate computer database of approaches and risks accepted.
- Control and verify premium income according to business plan.
- Produce reports of various formats for reporting purposes as required.
- Maintain relationships with clients and brokers.
- Contribute to the claims settlement in conjunction with the claims department.
**Experience**:
- Onshore Energy Underwriting Experience minimum 3 years, ideally in Singapore market.
- Technical background (Engineer - Mechanical/Chemical) and/or Field experience (Oil & Gas preferred) would be a plus.
**Personal Competences**:
- Team player, good working knowledge of and relationships with colleagues in Asia, HO and subsidiaries
- Proactive
- International minded
- Successful evolution in his career/previous company
- Knowledge of competitors, cedants and brokers within APAC market and internationally.
- Commercial and tactical vision (vs. pure technical) - ability to successfully negotiate “face to face” with brokers.
**Required Education**
- Engineering discipline, preferably Mechanical/Chemical Engineering, and/or finance.
SCOR, the 4th largest reinsurer in the world, 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 and Property & Casualty insurance to Investments. Our specialized teams operate in over 160 countries, fostering long-term relationships with clients.
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.
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