Treaty Underwriter

This role contributes to the P&C treaty portfolio development and profitability in line with SCOR underwriting strategy in the Middle East and Africa (MEA) region, with a strong focus on building and maintaining key client and broker relationships, by assisting the market managers and the senior underwriters.

Responsibilities

• Follow and assist in building and maintaining a profitable portfolio in accordance with the Treaty underwriting guidelines

  • Contribute to marketing the Treaty P&C capabilities, products and services to Brokers and Ceding companies
  • Report regularly on accounts and marketing activity
  • Ensure administrative data completeness and supervise the administration of the OMEGA back-office tool (in liaison with the Technical Assistants) in relation to new or existing accounts
  • Price with in-house Pricing Tool (X-act) in accordance with the delegated authority
• Underwrite Treaty P&C Lines in accordance with the Underwriting Guidelines and Plan deriving from the Strategic Plan
• Assist in identifying new business targets in order to develop a profitable portfolio for SCOR P&C
• Build and maintain relationships with ceding companies and their reinsurance brokers
• Assist the commercial visits
• Promote SCOR to our customers by using the communication and marketing products (seminars, forums, materials etc.)
• Work in close cooperation and coordination with colleagues in the Treaty and CUO’s network
• Analyse the Treaty portfolio paying attention to profitability
• Contribute to treaty wording design, control and signature
• Responsibly manage data recorded in our information systems to give an accurate representation of the risks subscribed and to allow portfolio analysis
• Regularly interact with our actuarial and claims teams to inform the underwriting process
• Participate in the elaboration of the underwriting plan
• Assist in validating contracts, endorsements or special acceptances, and monitoring and coordinating claims

Required experience & competencies

• 2-3 years in a Reinsurance Company, Reinsurance department of an Insurance Company or Reinsurance Broker
• Active engagement and contribution to the global treaty team is essential
• An enquiring and innovative mindset with the ability to work independently as a motivated and pro‑active self‑starter
• Self‑disciplined, principled and decision maker
• Organised and able to prioritise under pressure
• Ability to evaluate, condense and summarise key information
• Confidence to develop and maintain a network of brokers and clients
• Excellent communication and presentation skills
• Ability, in time, to travel regularly
• The candidate will be asked to coordinate resources from various departments and be able to work in a project mode
• Being fluent in a language spoken specifically in the MEA region is appreciated

Digital Competencies

• Expertise in main Office softwares, availability to learn and master main SCOR tools (Omega, xAct, RUP, Tableau, Peak, etc.)

Required Education

• University Degree in Business Administration, Economics, Statistics, Law or equivalent experience

SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.