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Onshore Energy Underwriter

1-3 Years
SGD 12,000 - 14,500 per month
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Job Description

Keyduties and responsibilities

No two days are the same, but that is how we become the experts that our clients expect to work with. Producing and managing your portfolios of accounts, through the strong market relationships you have is at the core of your role at SCOR. The guidelines we develop are built to support the underwriting business plan for your line of business, but you have the chance to do much more than that, by actively contributing to portfolio growth and diversification, supporting the overall organisation strategy.

There is always a lot to do, but everything is linked to the overall results of SCOR Business Solutions, developing our market share, and enhancing our market image.

When you work with the team to receive, select and evaluate offers of business from various sources, your role is to support the production of terms and review bespoke wordings of the contracts. But we also want you to support the development of our submission pipeline and promote SCOR by pro-active marketing in line with the strategy and guidelines defined by us.

Business and Market relationships are key to yours and our success. By building and developing these relationships with clients and brokers and attending broker and client hosted events, you get the chance to be part of our growth.

We want you to be curious and innovative. We see research and development as an important part of our work, with a desire to look at new areas of potential profitable growth.

It is also important to emphasise the importance of working as a team at SCOR. Whether it's across underwriting, or working closely with Claims and Pricing, we are successful because of this collaboration.

Some of the expectations of your role are

. Be part of the team delivering profitable growth and diversify the portfolio in accordance with strategy and in accordance with the SBS Insurance Guidelines and practices

. With the support of the Insurance leaders, receive, select, and evaluate offers of business from various sources, calculate pricing, & negotiate conditions of the contracts.

. Take time to identify, research, and report on new areas of profitable growth

. Support the development of marketing materials and intelligence documentation based on research and analysis of both the portfolio results and the market data

. Collaborate with peers in other regions to share market intelligence,best practices but most importantly ensuring that our underwriting methodology is consistent throughout the World.

. Assist other business lines in local market interactions to support cross-LOB growth

. Collaborate with the Claims Function in negotiating/resolving the claims arising from your portfolio.

Ensure data quality and reporting to all our IT systems

Required experience & competencies

. Underwriting experience in onshore energy (1 to 3 years)

. Technical acumen of reinsurance and insurance principals.

. Technical background (Engineer - Mechanical/Chemical) and/or Field experience (Oil &Gas preferred) would be a plus.

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Job ID: 147359335