Senior Underwriter

scor services asia-pacific pte. ltd.; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

SCOR is seeking an experienced insurance professional to join its Asia-Pacific team. You will manage and grow portfolios, build strong market relationships, and contribute to underwriting guidelines aligned with the business plan.

The role emphasizes data-driven analysis, pricing negotiations, cross-unit collaboration, and delivering profitable growth while maintaining high data quality across IT systems.

Qualifications

• 10+ years of relevant experience in the insurance industry (underwriting, broking, loss adjusting, risk engineering).
• Preferably in the Construction/Engineering line of business.

Responsibilities

• Be part of the team delivering profitable growth and diversify the portfolio in accordance with strategy and practices.
• Receive, select, and evaluate offers of business from various sources, calculate pricing, and negotiate conditions of the contracts.
• Identify, research, develop and report on new areas of profitable growth.
• Market and cross-sell the capabilities of other units across the Group to Managers, Brokers and Ceding Companies.
• Develop marketing materials and intelligence documentation based on research and analysis of portfolio results and market data.
• Collaborate with Claims in negotiating/resolving claims arising from your portfolio.

Skills

Underwriting

Client relationship management

Negotiation

Market intelligence

Team collaboration

Job description

Key duties and responsibilities

No two days are the same, but that is how we become the experts that our clients expect to work with. Helping to produce and manage the portfolios of accounts, through the building of strong market relationships, 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 play a key role in its delivery.

When you receive, select and evaluate offers of business from various sources, your role is to support in determining the quality of the proposal, analyze the exposure, and at times negotiate the best terms for SCOR whilst satisfying the needs of the client.

Business and Market relationships are key to yours and our success. By maintaining 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 emphasize 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 Facultative Guidelines and practices
• Receive, select, and evaluate offers of business from various sources, calculate pricing, & negotiate conditions of the contracts.
• Take time to identify, research, develop and report on new areas of profitable growth
• Be comfortable in marketing and cross selling the capabilities of other units across the Group, be it Treaties, AS, Specialty Lines or SBS to Managers, Brokers and Ceding Companies
• Develop marketing materials and intelligence documentation based on research and analysis of both the portfolio results and the market data
• Contribute marketing materials and intelligence documentation based on research and analysis of both the portfolio results and the market data
• Provide technical expertise and best practices to underwriters and clients in the region.
• 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 the overall SCOR’s 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

10+ years of relevant experience in the insurance industry (underwriting, broking, loss adjusting, risk engineering) , preferably in the Construction/Engineering line of business