Mining & Property Underwriter, ANZ - Business Solutions (SBS)

Within SCOR P&C, SCOR Business Solutions (SBS) is the central unit dedicated to insuring the business risks faced by large corporate companies. It has been serving its customers for more than 45 years and has maintained a continuous presence in the market by upholding a strong technical culture supported by SCOR's best-in-class financial strength rating. Business activity is structured around four regions (NA, LATAM, EMEA, APAC) through various lines of business (e.g. Property, Construction, Energy, Casualty/Financial Lines, etc.). Clients in each region are served by specialized underwriters who rely on SCOR's technical expertise and client knowledge.

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.

We are looking for a Mining & Property Underwriter based in Sydney – Australia. 

Job Summary

• Key role is to maintain and develop a profitable portfolio of Australian and New-Zealand Mining & Property accounts through his/her relationships with brokers and through new sources, within the guidelines specified at group level that will contribute to the achievement of the underwriting plan

• Contribute to the overall results of the Group by sound technical and profitable underwriting

• Develop SCOR's market share and leadership position in Mining & Property segment

• Participate to marketing activities in Australia and New-Zealand, representing SBS's interest in the market

• Enhance Group image in the market by efficient and innovative support of client needs

• Actively review new submissions and determine risk quality and pricing terms in line with underwriting guidelines, pricing tools and market conditions

Key duties and responsibilities

• Generate new offers and promote the Group by pro-active marketing in accordance with the defined strategy and risk appetite.
• Receive, select and evaluate offers of Mining & Property business from various sources by independently analysing all information including risk engineering reports, calculate ratings, negotiate conditions of the contracts. Respond to all offers in a timely manner.
• Contribute and share technical knowledge in which the jobholder is working, particularly on Mining Sector including updates on technology and trends.
• Maintain strong relationships with clients, cedents and brokers.
• Establish market network in Australia and New-Zealand to enhance our local franchise.  
• Execute growth strategies including Key account management, and Cross Sell Initiatives. Support other SCOR lines by cross selling (Casualty, Alternative Solutions, Construction…).
• Maintain an accurate database of risks accepted in various IT systems used by SBS, e.g. UP, Forewriter, Omega II, SalesForce.
• Produce reports of various formats for reporting purposes as required.
• Contribute to the claims settlement in conjunction with the claims department.
• Collaborate positively with other departments and colleagues within SBS and elsewhere throughout all Underwriting Centres (Singapore, London, Paris,..)

Special Projects:

• Engage in global underwriting projects and/or transversal initiatives, e.g. new energy initiative.

Experience: 

• At least 5 years underwriting experience in insurance/reinsurance market in Australia in Mining and General property
• Working experience in international/multinational insurer/reinsurer, broker
• Proven underwriting skills for complex property program of large corporates (wordings, quotations)
• Industrial working experience and/or technical knowledge in mining or industrial risks 
• Risk management knowledge
• Reinsurance and insurance knowledge
• Knowledge of competitors, cedents and brokers within Australia

Education:

• Tertiary, preferably from engineering discipline.
• Insurance Qualifications of CII, SCI or ANZIFF will be advantageous

Personal Competences:

• Team player, good interpersonal skills with strong collaborative mindset 
• Proactive, motivated and result oriented 
• Accountable, reliable, integrity
• Curiosity, keen to take on new challenges and responsibilities (e.g. new products or market)
• Resilience, able to work under pressure with competing priorities
• International minded
• Commercial and tactical vision – ability to successfully negotiate "face to face" with brokers
• Combines strong technical skills with good commercial acumen skills