Underwriting Assistant - Business Solutions; SBS
Listed on 2026-01-22
-
Insurance
Underwriter, Insurance Analyst -
Finance & Banking
Underwriter
Location: City Of London
* Candidates must have the full & permanent right to work in the UK
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.
Job DescriptionWe are looking for a pro‑active and efficient underwriting assistant to join the Terror & Political Violence team. You will be tasked with supporting the underwriters with underwriting administration, Client interactions, reporting, System updates and ensuring underwriting remains compliant to company policy and regulation. As a prospective employee you should have a keen eye for detail, good communication, organisational and importantly data analytical skills.
The ability to ensure that the underwriters have accurate and up to date information to assist them in performing their duties are key to this role as is the ability to work in a team environment.
- Enter enquiries, quotes, declarations, new and renewal business and endorsements into policy administration system in accordance with underwriting guidelines and within agreed timelines and accuracy levels (including creating of risk references)
- Timely scanning of risk documentation to folders and document management systems
- Assist the underwriters to produce a pricing model
- Liaise with exposure management
- Liaise with delegated authority team
- Track the status of all risks through every stage in the risk cycle
- Track and monitor policy subjectivities
- Production and issuance of policy documentation
- Management of team email inboxes
- Monitor upcoming renewals and new risks in the business pipeline
- Research submissions using appropriate sources
- Provide pre‑underwriting and rating support to Underwriters, ensuring calculations of premiums and local taxes are accurate for reporting requirements
- Adherence with Lloyd's Minimum Standards including Pre‑Bind Quality Assurance
- Ensure accurate and timely capture of estimated income, declarations and bordereaux on binders
- Collate and send binding authority documentation to Delegated Underwriting Authority team for due diligence
- Send risk and location information to the Exposure Management team for modelling
- Endorsement processing
- Provide a professional service to brokers, clients and third parties
- Maintain and develop key relationships, responding to queries in a timely fashion.
- Prepare briefs, attend and take minutes for client and broker meetings as required.
- Liaise with brokers to ensure all slips and additional information received is accurate and complete and on time.
- Provide accurate management information to the Underwriting team and senior management
- Produce ad hoc reports, presentations and other team literature for key relations as and when requested.
- Monitor credit control and aged debt ensuring the timely collection of premiums
- Ensure all data verification checks are completed in a timely manner and errors escalated and resolved accordingly
- Provide reporting for weekly meetings
- Ensure all month end activities are completed within required time frames to facilitate Syndicate and…
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