Casualty Underwriter

1 week ago


New York, New York, United States SCOR Full time
Job Summary

We are seeking a highly skilled Casualty Underwriter to join our team at SCOR. As a key member of our Excess Casualty team, you will be responsible for reviewing and underwriting Excess Casualty business, including underwriting quality, appetite guidance, and overall execution of the Excess Casualty lines for large Energy, Non-Energy, and construction risks.

Key Responsibilities
  • Review new and renewal submissions, ensuring accuracy and adequacy of data, evaluating risk and account quality, including exposures and loss potentials, and determining acceptable underwriting terms and conditions.
  • Prepare clear and concise underwriting information for use in case of referrals, communicate quotations, authorizations, declinations, and binders to the broker/client, and handle negotiations and changes on the account.
  • Evaluate claims in cooperation with the claims department, ensure necessary paperwork is accurate and issued, and maintain complete underwriting files.
  • Conduct thorough risk assessments and analyses to determine the viability and profitability of potential reinsurance treaties, utilize advanced analytical tools and techniques to assess risk exposure and develop appropriate pricing strategies, and monitor and analyze industry trends, regulatory changes, and market conditions to inform underwriting decisions.
  • Build and maintain strong relationships with clients and brokers to facilitate effective communication and negotiation, provide exceptional customer service by addressing client inquiries and concerns promptly and professionally, and collaborate with brokers to develop tailored reinsurance solutions that meet client needs and objectives.
Requirements
  • 7+ years experience in primary casualty or excess casualty underwriting (2+ years Excess Casualty minimum)
  • Strong analytical and quantitative skills, with proficiency in underwriting software and pricing models
  • Excellent communication and negotiation skills, with the ability to build and maintain relationships with clients and brokers
  • Knowledge of industry regulations and compliance requirements


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