Underwriter, Fine Art & Specie - SCOR Business Solutions (SBS)

At SCOR Business Solutions (SBS), we provide insurance and reinsurance solutions to large corporate, institutional and specialist clients worldwide. This is delivered through dedicated expert teams in more than 35 countries, supported by a strong underwriting culture grounded in technical expertise and deep market knowledge.

Applying “The Art & Science of Risk,” SCOR combines disciplined underwriting with analytical insight to help clients manage complex risks and to support resilience across markets and communities.

In 2024, the SCOR Group generated approximately EUR 20 billion in premiums, serving clients in around 160 countries from 35 offices worldwide, offering a genuinely international underwriting platform.

The Role

As an Underwriter within the Fine Art & Specie team in London, you will be responsible for underwriting and managing a portfolio of high value, specialist risks. The role sits at the intersection of technical underwriting, portfolio management and broker engagement, with a strong emphasis on quality, discipline and collaboration.

You will work closely with colleagues across London and the wider global Fine Art & Specie network, as well as with Claims, Operations and other specialty lines, to ensure consistent underwriting standards and effective portfolio oversight.

We are looking for an individual who is analytical, detail oriented and technically minded, with a pragmatic approach to underwriting. You will be articulate and commercially aware, comfortable making decisions under pressure and working to tight deadlines, while maintaining a disciplined and considered approach to risk.

Strong underwriting experience is essential, alongside established broker and client relationships and a genuine interest in developing and managing a Fine Art & Specie portfolio over the long term.

Core Underwriting, Portfolio & Market Responsibilities

• Underwrite and manage a combined Fine Art & Specie portfolio, including high value art and collections, precious metals, bullion, cash in transit, vault risks and jeweller’s block
• Apply specialist technical underwriting judgement across valuation, provenance, security arrangements, storage, transit methodologies, aggregation and catastrophe exposure
• Assess and manage correlated and accumulative exposures, including shared storage locations, transit routes, geopolitical risk, theft, fraud and man made loss scenarios
• Underwrite, price and negotiate risks submitted via Lloyd’s box, e trading platforms and other underwriting channels, in line with agreed appetite and authority
•  Manage the existing portfolio, including renewals, endorsements, claims involvement, and client or risk discussions as required
• Work closely with the Claims function to support effective claims handling and feedback into underwriting
• Contribute to the ongoing development of SCOR’s Fine Art & Specie underwriting approach, including portfolio balance, appetite refinement and bespoke solutions
• Collaborate with SCOR’s global Fine Art & Specie network, underwriting risks across borders and territories and ensuring consistency of underwriting standards and discipline
• Generate, interpret and manage underwriting data and reports, providing accurate insight to support day to day underwriting, portfolio monitoring and management reporting
• Build and maintain effective working relationships with brokers and clients, attending meetings and market interactions as appropriate
•  Ensure compliance with all regulatory, licensing and internal governance requirements.