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Treaty Underwriter
SCORSouth Africa30+ days ago
Job descriptionStudy clients’ reinsurance needs and identify new business targets Build and formalise reinsurance offers, with the support of SCOR actuarial teams, in accordance with the UW Guidelines Negotiate with clients the terms and conditions of the proposed solutions, in order to efficiently finalise deals with clients and implement the reinsurance treaties. This is to be done in compliance with SCOR's guidelines. Build and maintain relationships with client companies and their reinsurance brokers Visit clients regularly Report regularly on accounts, visits and marketing activity Promote SCOR to our customers by using communication and marketing products (seminars, forums, marketing materials etc). Work in close cooperation and coordination with the colleagues in the Treaty network Analyse the Treaty portfolio paying attention to profitability Regularly interact with our actuarial and claims team Participate in the elaboration of the business plan Assure the completeness of administrative data and supervise the administration of back-office tools (in liaison with the Technical Assistants) in relation to new or existing accounts Price treaties in accordance with your delegated authority Treaty wording design and control Completed University Degree in BCom, BSc, Economics, Statistics, or equivalence
The job holder will need to understand client needs and priorities in order to generate and accept business in accordance with SCOR’s underwriting policies and support the Market Manager in the management of business relationships.
Under the authority of the Market Manager you will be asked to :
- Underwrite, build and maintain a profitable portfolio in accordance with the Treaty underwriting guidelines
- Manage the relationship with the clients under assigned responsibility
- Identify new business opportunities, whether with existing clients or with new prospects
- Identify and understand clients’ needs and propose appropriate SCOR reinsurance solutions and services
Main Activities