Senior Construction Underwriter

Date: Nov 19, 2021

Location: Zurich, CH

Company: SCOR


Zurich Switzerland (CH) / Cologne (Germany)


Senior Construction Underwriter 





          About SCOR         

SCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Using its experience and expertise, “The Art & Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – in Life & Health insurance as well as in P&C insurance. Our specialist teams operate in over 120 countries, developing value added and innovative products and services and making long-term commitments to their clients, namely insurers and large corporations.
SCOR's aim, as an independent global reinsurance company, is to develop its Life and P&C business lines, to provide its clients with a broad range of innovative reinsurance solutions and to pursue an underwriting policy founded on profitability, supported by effective risk management and a prudent investment policy, in order to offer its clients an optimum level of security, to create value for its shareholders, and to contribute to the welfare and resilience of Society by helping to protect insureds against the risks they face.


Job Summary

As a member of the EMEA Construction Underwriting team within SCOR Specialty Insurance department, you will be closely working with the Regional Head Construction based in London and with the Global Head Construction based in Zürich. You will also be part of a growing Specialty Insurance team dedicated to German clients based in Cologne and Zürich. Your main responsibility will be to produce new business from the EMEA region (Europe, Middle East, Africa) in Contractors All Risks (CAR) and EAR (Erection All Risks) policies as Single Project or Annual covers, both on direct or reinsurance basis, with a strong primary focus on German clients. Your personal skills and knowledge will add value to the experienced existing team.

Workplace of this function can be either in SCOR's Zurich or Cologne office. 


 Key duties and responsibilities

  • Underwrite, build and maintain a profitable portfolio in accordance with the Specialty Insurance underwriting guidelines
  • Underwrite in a technical manner to assess risks in order to determine their insurability and apply appropriate terms and conditions
  • Identify new business targets in order to develop a profitable profile for SCOR Specialty Insurance Single Risks
  • Build and maintain relationships with clients and their intermediaries (corporate clients, brokers, and ceding companies) with a primary focus to German-Austrian-Swiss clients
  • Building a network and maintaining existing customer relationships
  • Adopt a solution-oriented customer centric view, in building on cross selling with other Lines of business or with treaty for fac services.
  • Participate in comprehensive global construction initiatives and projects
  • Willingness to travel regularly
  • Workload 80-100% possible


Required experience & competencies
You are a Construction / Engineering underwriter with at least 5 to 10 years of experience in your insurance market with exposure to all types of international construction risks.  Previous experience of working in the construction industry is also desirable.

Key characteristics sought include:

  • An enquiring mindset with the ability to work independently as a motivated and pro-active self-starter
  • A clear understanding of the value and role of leadership together with an active approach to risk management
  • Self-disciplined, principled, and decisive decision making
  • Organised and able to prioritise under pressure
  • Ability to evaluate, condense and summarise key information
  • Confidence to develop and maintain a network of brokers and clients
  • Excellent communication and presentation skills and confident to represent SCOR at conferences, meetings or professional associations
  • Able to travel regularly
  • German on a native level and excellent English communication and presentation skills required (Spanish or any other Language is a plus)


Are you ready for an exciting step in your career within a dynamic international environment, in a fast-paced and expanding company offering an open and trustful corporate culture?  Yes, then please upload your application containing CV and cover letter here.