Offers “Scor”

Expires soon Scor

Construction Underwriter


Job description

Within SCOR Global P&C, SCOR Business Solutions (SBS) is the central unit dedicated to insuring the business risks faced by large corporate companies.  SBS 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 three regions (Americas, EMEA, APAC) through seven global lines of business (Construction, Property, Energy, Casualty, Financial Lines, Marine/Transport and Space/Aviation). Clients in each region are served by specialized underwriters who rely on SCOR's technical expertise and client knowledge.

SBS a recognized leader in the construction insurance and reinsurance market.  The Construction team consists of eleven underwriters located in Houston, New York City, London, Paris, Hong Kong and Singapore.  The EMEA construction team operate together from both London and Paris and play a central role in cross-selling and product development.  The team has built a diversified portfolio ranging from building projects to all types of civil works and infrastructure including power together with oil, gas and petrochemical projects and lastly mining, metals and manufacturing. They are led by the EMEA Regional Head of Construction who has dual reporting to the Global Head of Construction and the SBS Regional Head of EMEA

You will : 

·  Produce new business from the EMEAC region in Contractors All Risks (CAR) and EAR (Erection All Risks) policies on a Single Project or Annual basis form, insurance, and facultative reinsurance. 
·  Contribute to the development and quality of the portfolio in accordance with the underwriting policy and the direction being selected by the Global Line of business.
·  Contribute to the commercial activity for the Region, with a specific focus on London Market business including continental Europe and Middle East, in coordination with other Lines of Business.
·  Give added value to the Global Construction teams on specific technical and/or language skills, being accounting, data analytics, knowledge of a specific region or country, or past industry experience

The ideal candidate will be an insurance or construction industry professional with at least a couple of years of experience in the London insurance market with exposure to all types of international construction risks.  Previous experience of working in the construction industry is also desirable.

Key characteristics sought include:

·  Active engagement and contribution to the global construction team is essential
·  An enquiring mindset with the ability to work independently as a motivated and pro-active self-starter
·  A clear understanding of the value and role of leadership together with an active approach to risk management
·  Self-disciplined, principled and decisive decision making
·  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 and confident to represent SBS at conferences, meetings or professional associations
·  Able to travel

Required Education 

·  Engineering degree and/or recognized professional insurance qualifications, or equivalent qualifications 


  Key duties and responsibilities


Under the authority of both the London-based EMEA Regional Head and Global Head of Construction you will be charged with:

·  Underwrite, build and maintain a profitable portfolio in accordance with the SBS underwriting guidelines
·  Marketing the SBS capabilities and products to Corporate Risk Managers, Brokers and Ceding companies in London and other EMEA countries
·  Produce marketing material and informed business intelligence documentation based upon research and analysis of the portfolio results and market data.
·  Report regularly on accounts and marketing activity
·  Supervise the administration of the OMEGA back-office tool (in liaison with the Technical Assistants) in relation to new or existing accounts


·  Underwrite in a technical manner to assess risks in order to determine their insurability and apply appropriate terms and conditions.
·  Identify new business targets in order to develop a profitable profile for SBS.
·  Build and maintain relationships with clients and their intermediaries (brokers, ceding companies).
·  Visit regularly our clients and project sites (approx. 15-30 days of business travel per year)
·  Promote SCOR  to our customers by using the communication and marketing products (seminars, forums, materials etc).
·  Work in close cooperation and coordination with your colleagues in the SBS network with where appropriate the sharing of business objectives to produce the best response to your producers and for the division.
·  Analyse the construction portfolio paying particular attention to profitability.
·  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 claims team to inform the underwriting process.

Client management

·  Adopt a solution-oriented customer centric view, in building on cross selling with other lines of business or with treaty for facultative services.


Global Construction team

·  Participating to broader Global construction initiatives and projects, specifically concentrate on managing annually renewing business and introducing added value managing tools.

Make every future a success.
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