Actuary Work, Jobs in Send, Sry (with Salaries)

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Assistant Underwriter, International Binders

SCOR -
London

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Job details

Qualifications

Report generation
Underwriting
Stakeholder collaboration
Stakeholder liaison
Filing
Internal department liaison
Microsoft Office Suite
Bachelor's degree
Relationship management
Management reporting
Multidisciplinary collaboration
Communication skills
Underwriting risk analysis

Full job description

The role holder will be responsible, with underwriter support, for reviewing, pricing, analysing and managing underwriting enquiries and binding authorties.

Underwriting Support:

Underwriting within guidelines of letter of authority.
Understanding coverholder underwriting guidelines.
Handle undewriting referrals from MGAs and coverholders, accepting or declining, or amending terms as appropriate.
Assist with the management and supervision of binding authorities, including renewals of existing binding authorities and the onboarding of new MGAs.
Liaising with other stakerholders such as delegated underwriting, claims, compliance, actuarial, and wordings teams.
Undertake actuarial pricing projections using historic loss ratio, premum and claims information.
Research submissions using appropriate sources.
Verifying profit commission calculations, gathering data / and co-ordinating internally.
Assisting with compliance work such as fair value assessments.
Ensure calculations of premiums and local taxes are accurate for reporting requirements, and maintainng and monitoring detailed coverholder premium estimates. Chasing bordereau data where necessary and resolving data issues as required.
Ensure timely scanning of core risk documentation to relevant folders or document management systems
Submission of data to outsourcers, data verification and integrity checks
Liaise with the Underwriter as required to ensure contract wording is fit for purpose
Photocopying, filing and archiving of key documentation in a timely manner as required

Broker/Client Interaction:

Provide a professional service to coverholders, brokers, and external suppliers in person, writing, email and telephone
- Maintain and develop coverholder and broker relationships, responding to queries in a timely fashion.
- Prepare for, attend, and take minutes at client meetings as required
- Liaise with brokers to ensure all slips and additional information received is accurate and complete

Reporting & Operational Requirements:

Provide accurate management information to the Underwriting team and senior management when required
Analysing coverholder data to track and measure changes to rating, exposure and other key metrics.
Produce ad hoc reports, presentations and other team literature for key relations as and when requested

General Requirements:

Identify and report problems within the underwriting administration system and assist with solution design.
Assist with User Acceptance Testing of the underwriting administration system as and when required.
Interact with all SCOR teams including claims, DU, operations and compliance on matters in a timely fashian
Help maintain SCOR minimum standards by assisting Underwriting Assistants in achieving their service levels and targets as required
Participate in cross-team projects as required
Undertake any other reasonable duties as may be requested by SCOR staff
Comply with SCOR policies, procedures and regulations relevant to your role
Manage training needs through attendance of relevant training as advised by your line manager and also market presentations where relevant to your role
Carry out additional responsibilities as defined through your objectives
Uphold the principal of Treating Customers Fairly

Finalities

Contributes to the Company’s result by:
Guaranteeing that the underwriters have accurate and up to date information to assist them in performing their duties.
Contributing to the team’s targets through effective and quality Underwriting within agreed limits.

Required Education

Essential

Educated to A Level, or equivalent qualifications
Progession towards a professional qualification.

Desirable

Relevant university degree, or equivalence
Lloyds Market Test

Required experience & competencies

Essential

Administration experience
Prior underwriting experience, ideally within property lines.

Desirable

Good MS Office applications skills (Outlook, Word, Excel, PowerPoint)
Familiar with using UW systems, rating tools, reporting etc
Experience within an International environment
London Market experience.

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

As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk,” SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.

Working at SCOR means engaging with some of the best minds in the industry – actuaries, data scientists, underwriters, risk modelers, engineers, and many others – as we work together to find solutions to pressing challenges facing societies.

As an international company, our common culture is defined by “The SCOR Way.” Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.

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

Apply Now

Refine Your Search

actuary jobs in send, sry

Assistant Underwriter, International Binders

Assistant Underwriter, Marine Hull & Shipbuilding - SCOR Business Solutions (SBS)

Databricks & Palantir Analytics – Graduate Trainee

Medical Underwriting Assistant

HR Governance & Operations Manager

Actuarial Analyst, Longevity Inforce

Specialist Actuary

AI Forward Deployed Software Engineer

Actuary - Nearly/Newly Qualified

Actuarial Analyst

Assistant Underwriter, EMEA MGA

DB Actuarial Analyst

ARAC Independent Member and Chair of the Pension Board & Scheme Advisory Board

ARAC Independent Member and Chair of the Pension Board & Scheme Advisory Board

Underwriter, Property Treaty

Senior Risk Manager

Actuarial Analyst (Life Actuarial)

Actuarial Analyst - Actuarial Policyholder Options

Actuarial Reporting Manager

Part-Qualified Trainee Actuary

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