Assistant Underwriter - Fine Art & Specie -SCOR Business Solutions (SBS)

The role holder will be responsible, with underwriter support, for reviewing, pricing and analysing enquiries sent to the team, and then responding to brokers with indications of SCOR’s Terms be they acceptance or declinatures ; as well as agreeing endorsements to existing policies. The role will support the underwriting function through risk assessment, broker engagement, portfolio monitoring and underwriting decision-making within delegated authority levels.

During an initial transition period, you will support both underwriting and underwriting administration activities. As certain operational and administrative tasks are transferred to dedicated underwriting support resources, the role will become increasingly focused on underwriting analysis, broker engagement, portfolio management and underwriting decision-making within agreed authority levels.

Required experience & competencies

Essential

- Experience within an underwriting, assistant underwriting, underwriting support, broker, or insurance operations role.
- Demonstrable understanding of commercial insurance underwriting principles, including risk assessment, pricing methodologies, policy structures and underwriting controls.
- Experience reviewing and analysing new business, renewal and endorsement submissions.
- Strong numerical and analytical skills, with the ability to interpret underwriting information, premium calculations and exposure data.
- Experience working within underwriting authorities, guidelines, referral frameworks and compliance requirements.
- Ability to exercise sound judgement and make underwriting decisions within delegated authority levels.
- Strong organisational skills with the ability to manage multiple priorities and meet deadlines in a fast-paced environment.
- Excellent written and verbal communication skills, with experience liaising professionally with brokers, clients and internal stakeholders.
- Strong attention to detail and commitment to data accuracy, record keeping and regulatory compliance.
- Proficiency in Microsoft Office applications, particularly Excel, Word, Outlook and PowerPoint .

Desirable

- Experience within the Lloyd's and/or London Market.
- Experience underwriting or supporting commercial or specialty insurance classes.
- Experience providing quotations, indications, endorsements and policy amendments.
- Familiarity with aggregation management, exposure monitoring and portfolio reporting.
- Experience using underwriting, rating and policy administration systems, particularly Xuber.
- Experience attending broker meetings and developing broker relationships.
- Knowledge of Lloyd's market systems and processes.
- Experience within an international insurance or reinsurance environment.

Personal Competencies

- Outcome focused, self-motivated, flexible, enthusiastic
- Professional approach to working with key stakeholders at all levels of authority
- Organised
- Demonstrate ability to manage time, meet deadlines and prioritise effectively
- Proactive with drive to succeed
- Uses initiative and common sense
- Approachable
- Strong communication skills verbally, in writing and via email and telephone
- Team player as well as capable of working on own initiative

Education & Qualification s

- Educated to A-Level standard, or equivalent qualification and/or relevant insurance experience.
- ACII qualified, or actively working towards completion of ACII qualifications.

Desirable

- A relevant university degree or equivalent professional experience.
- Completion of the Lloyd’s Market Test.
- Additional qualifications in insurance or financial services.

Ready for your next step?
Join SCOR and build your career in a global, expert-led and collaborative environment, with the opportunity to learn, grow and make a genuine impact.

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