Cologne, Germany

Trending

Job Description

The Junior Underwriter supports the Underwriter or Market Manager responsible for the local/market accounts, in terms of marketing, underwriting, pricing and administrative activities. We are a dynamic, international team that works in an agile manner. The cross-border team (Cologne, Zurich) is responsible for accounts emanating from South & North Eastern Europe. The Junior Underwriter will make good use of SCOR’s modern tools and contribute towards the company’s targets.

Responsibilities

Supports the Underwriter or Market Manager in:
- Action planning and setting of targets per client
- Acquisition of new and managing of existing business
- Customer support and responsiveness to clients
- Assessment of offers for reinsurance programs; this includes negotiating terms and conditions, underwriting and pricing the underlying portfolio, all within the scope of the SCOR underwriting/pricing authorities and guidelines
- Collaborating with all relevant departments (actuarial/pricing, claims, legal etc.)
- Travel with the Market Manager or Underwriter. Participate in client visits.
Prepare market and balance-sheet analyses
Prepare continuous portfolio analyses and profitability analyses
Contribute and support P&C strategic initiatives as required
Administration
- Review and prepare contractual documents, presentations and statistical analysis, both for internal and external use
- Prepare client visits, data analyses and reviews in cooperation with colleagues and Market Manager
- Enter data relevant for contracting in electronic systems (e.g. xAct Pricing, OMEGA)

Special Projects

On demand: Work on underwriting, technical and marketing projects or studies

Qualifications

Experience

Work experience in (re)insurance with a focus on underwriting, is a strong advantage

Very good knowledge in Finance, Mathematics and Accounting, Economy or Law

Advanced IT skills of standard software (MS Office)

Personal Competences

Very good analytical skills

Very good communication and negotiation skills

Personal competencies according to company values

Enthusiasm for new business opportunities and the desire to think creatively

Curious about innovations and trends

Required Education

University degree/Master’s degree in Economics, Mathematics, Insurance, Business Administration or Law with the main focus on insurance business or a qualified insurance operation manager

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

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SCOR UK Company Limited