Treaty Underwriter

South Africa, South Africa

Job Description


:The job holder will need to understand client needs and priorities in order to generate and accept business in accordance with SCOR's underwriting policies and support the Market Manager in the management of business relationships.Responsibilities:Under the authority of the Market Manager you will be asked to:

  • Underwrite, build and maintain a profitable portfolio in accordance with the Treaty underwriting guidelines
  • Manage the relationship with the clients under assigned responsibility
  • Identify new business opportunities, whether with existing clients or with new prospects
  • Identify and understand clients' needs and propose appropriate SCOR reinsurance solutions and services
Main Activities
  • Study clients' reinsurance needs and identify new business targets
  • Build and formalise reinsurance offers, with the support of SCOR actuarial teams, in accordance with the UW Guidelines
  • Negotiate with clients the terms and conditions of the proposed solutions, in order to efficiently finalise deals with clients and implement the reinsurance treaties. This is to be done in compliance with SCOR's guidelines.
  • Build and maintain relationships with client companies and their reinsurance brokers
  • Visit clients regularly
  • Report regularly on accounts, visits and marketing activity
  • Promote SCOR to our customers by using communication and marketing products (seminars, forums, marketing materials etc).
  • Work in close cooperation and coordination with the colleagues in the Treaty network
  • Analyse the Treaty portfolio paying attention to profitability
  • Regularly interact with our actuarial and claims team
  • Participate in the elaboration of the business plan
  • Assure the completeness of administrative data and supervise the administration of back-office tools (in liaison with the Technical Assistants) in relation to new or existing accounts
  • Price treaties in accordance with your delegated authority
  • Treaty wording design and control
Qualifications:
  • Completed University Degree in BCom, BSc, Economics, Statistics, or equivalence
About Us:SCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Leveraging experience and expertise to deliver xe2x80x9cThe Art & Science of Riskxe2x80x9d, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk - from Life & Health and Property & Casualty insurance to Investments. Our specialized teams operate in over 160 countries, fostering long-term relationships with clients.In order to provide our clients with a broad range of innovative reinsurance solutions, SCOR pursues an underwriting policy that is founded on profitability and supported by effective risk management strategy and a prudent investment policy. This approach allows us to offer clients an optimum level of security, to create value for shareholders, and to contribute to the welfare and resilience of society by helping to protect insureds against the risks they face.At SCOR, we believe that employing people from different backgrounds and ensuring inclusivity is a major driving force for the success of the Group. We are committed to fostering a work environment in which all employees are treated fairly and respectfully, have equal access to opportunities and resources, and can contribute fully to SCOR's success.

SCOR

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Job Detail

  • Job Id
    JD1324786
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    South Africa, South Africa
  • Education
    Not mentioned