Senior Underwriter Nordic Markets (80-100%) - #2098908

We offer a Senior Non-Life Underwriter position for the Nordic markets in a modern, international reinsurance company in the heart of Cologne. We are a small, international team that works in an agile manner. We have a leading position in the Nordics, with a broad and diversified portfolio, offering our cedents a range of innovative solutions and services to control and manage risk.

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.

We are looking for a client-oriented P&C Senior Underwriter to strengthen our organization. This position is part of a team responsible for SCOR's client relations with non-life insurers in the versatile, exciting, and highly developed Nordic markets. The Senior Underwriter will be responsible for the Danish market or more Nordic countries in terms of marketing and business generation, client relationship, underwriting, pricing, contract certainty and administrative activities.

Key duties and responsibilities

• Marketing/Business Generation/Client Relationship
• Analyse market potential in target area(s) and define product and service requirements as a basis for the development of action plans per client (and per country). These actions should support the KPIs agreed in the strategic plans for the respective market(s) and for SCOR P&C
• Promote a strong client relationship management with all clients and prospects in the assigned market(s), positioning SCOR as a strategic partner to all
• Research and/or initiate new business opportunities
• Prepare, conduct and follow-up on client visits. Analyse industry, market and client data to ensure full customer support as well as responsiveness to clients´ needs. Conduct studies, presentations and statistical analysis for external use
• Underwriting/Pricing
• Assess offers for reinsurance programs, including
• underwriting and pricing of the underlying portfolio
• negotiating the best obtainable terms and conditions, including most preferred signings
• full adherence to the SCOR authority and guideline principles in terms of capacity, underwriting and pricing. Refer internally whenever applicable
• Contract Certainty/Administration
• Prepare, review, adjust and sign contracts. Refer internally whenever applicable
• Maintain, update and monitor contract structures in Omega, SCOR´s internal admin system
• Prepare and review presentations and statistical analysis for internal use

Special Projects:

• Lead or contribute to projects in the field of e.g. innovation, transformation, digitization, product development, technical underwriting, .., etc.
• Potential for so-called agile underwriting, i.e. underwriting and pricing in markets beyond the Nordics, having deviating renewal seasons

Required experience & competencies

Experience:

• You have at least 5 years working experience in (re)insurance with a focus on client management and underwriting, preferably in the Nordic markets
• You provide high-quality underwriting services and/or differentiated solutions to best serve clients' needs. You will demonstrate good understanding of local country non-life insurance and reinsurance markets
• You have experience as a successful relationship manager and will be a good negotiator, comfortably interacting effectively across all levels. You enjoy dealing with clients and selling solutions, have a persuasive personality and strong follow-through skills
• You have sound analytic skills demonstrated by thorough portfolio and market assessments allowing for development of strategies to improve business

• With strong interpersonal skills, you can inspire others and promote teamwork. Self-aware, you establish trust through open, transparent communication and empower others through effective knowledge sharing
• You have a perfect command of English. Proficiency in German an/or a Nordic language will be a strong advantage

• You have a comprehensive knowledge of Business Economics & Finance
• You demonstrate excellent IT skills with respect to standard software

Personal Competences:

• Excellent communication skills for developing or growing a professional network
• Advanced negotiation skills with a focus on client value creation
• Enthusiasm for new business opportunities and the desire to think creatively
• Outgoing and confident with good presentation skills. Self-starter, problem solver and entrepreneurial
• Advanced analytical skills, mathematical skills are an asset
• Curious about innovations and trends
• Motivated and result oriented with an ability to work in a team and manage peak period workflows
• Willingness to travel for periods of several days

Educational Background:

• University degree/Master's degree in Economics, Business Administration or Law, preferably with a focus on the financial sector, or equivalent