Underwriter/Senior Underwriter, Cedant Facultative - Construction
SCOR
- Industry Type
- Construction, Civil Engineering
- Functional Area
- Engineering
- Nationality
- Any
- Keywords
- Construction Project Management Risk Assessment and Analysis Relationship Building Underwriting Expertise Strategic Planning
Job Description
SCOR is seeking an Underwriter or Senior Underwriter for Cedant Facultative in Construction based in Singapore. The role involves working on Facultative Reinsurance for construction projects across the Asia Pacific region, focusing on client relationships and supporting strategic business engagements.
- Position
- Underwriter/Senior Underwriter, Cedant Facultative - Construction
- Company
- SCOR
- Location
- Singapore, Singapore
- Industry
- Construction, Civil Engineering
- Experience
- 1 to 20 years
Responsibilities
- Participate in SCOR's Facultative Reinsurance offering for Construction projects across the Asia Pacific region.
- Develop relationships with clients and wider underwriting teams.
- Support strategic engagements for the business.
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About the role: Underwriter/Senior Underwriter, Cedant Facultative - Construction
General information about this type of role, not from the employer. The employer's actual requirements may differ, so always check the job details above.
Underwriters in the construction and civil engineering sectors assess risks related to construction projects and decide on insurance coverage terms. They typically work for insurance companies or reinsurance firms, evaluating applications and managing policies for construction-related risks.
What this role usually involves
- Evaluate insurance applications for construction projects to determine risk levels.
- Analyze technical and financial information related to construction risks.
- Set terms and conditions for insurance policies based on risk assessments.
- Collaborate with brokers, clients, and other stakeholders to clarify coverage details.
- Monitor ongoing projects to manage and update risk profiles as needed.
- Prepare reports and documentation to support underwriting decisions.
Skills employers usually look for
- Strong analytical and decision-making abilities.
- Good understanding of construction processes and risks.
- Effective communication and negotiation skills.
- Attention to detail and accuracy in documentation.
- Ability to work with technical and financial data.
- Proficiency in relevant software and risk assessment tools.
Usual qualifications
- A degree or diploma in civil engineering, construction management, or a related field is often preferred.
- Professional qualifications in insurance or underwriting are advantageous.
- Knowledge of insurance principles and risk management.
- Continuous professional development in construction and insurance sectors.
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