VP, Senior Property Treaty Underwriter

The position is responsible for developing, marketing, and underwriting US Property Treaty business. While skillful underwriting is paramount, the candidate should also be a team player, willing to contribute to the broader goals of the team. As such, the candidate must possess effective communication and project management skills, working with both external and internal stakeholders, including clients, brokers, SCOR teams, claims, actuarial, legal, strategy, and senior management.”.

We are looking for a candidate who is comfortable with open-ended challenges and can succinctly and confidently recommend solutions, understanding that the process is as important as the outcome. The candidate will be expected to assume client management responsibilities, which require strong communication skills and engagement across supporting functions and lines of business.

This position will be based in a SCOR office, either Chicago or New York City, and the candidate is expected to be in office several days per week. SCOR is committed to an “in-office” culture where people can collaborate, exchange ideas, and establish stronger working relationships, while still providing flexibility. To support employee work-life balance and increase opportunities for employees to excel every day, SCOR operates with a hybrid working arrangement: employees work 3 days per week in the office, with the flexibility to work 2 days per week remotely.

Underwriting

• Evaluate new and renewal property treaty reinsurance programs

• Structure and negotiate appropriate terms and conditions that support SCOR appetite

• Evaluate and negotiate contract wording

• Evaluate and negotiate pricing in conjunction with actuarial and modeler support

• Monitor & adhere to catastrophe capacity aggregations and allocations

• Perform underwriting audits for current and potential clients

• Discuss underwriting and management issues with executives at primary insurance client companies

• Collaborate with Client Managers to support client relationship management

• Actively monitor market trends and engage in strategic discussions with internal and external parties.

• Actively contribute to internal projects.

Marketing

• Attend marketing visits to broker offices and establish marketing presence

• Identify clients that align with SCOR’s appetite and are additive to the overall portfolio

• Identify brokers that handle accounts that fit the SCOR underwriting targets

• Attend industry conventions to promote SCOR

• Develop and maintain business relationships

Account Management

• Work collaboratively with all internal parties to manage individual deals and overall client relationships

• Diligently maintain all documentation for assigned accounts as per SCOR guidelines

• Understand and adhere to SCOR underwriting and pricing guidelines

• College degree or equivalent experience required.
• Reinsurance underwriting experience is highly preferred. Candidates should have at least 5 years of prior reinsurance underwriting or reinsurance broking experience, or a minimum of 7 years in primary underwriting.
• Strong knowledge of property (re)insurance market
• Strong communication, interpersonal and negotiation skills
• Willingness to travel up to 25% of the time and dedicate a considerable amount of time to developing broker and client relationships
• Positive attitude and a willingness to contribute and work collaboratively in a fast-paced environment
• Expertise in Cat XL underwriting a plus
• Strong Microsoft office skills, particularly Excel
• Working knowledge of Salesforce, Tableau, Power BI, Co-Pilot or similar tools is a plus
• Working knowledge of RMS and/or AIR a plus
• Willingness to collaborate and mentor rising star talent

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.