$200,500 - 294,500 yearly
The position is responsible for developing, marketing, and underwriting US Casualty 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. The expectation is that the senior underwriter support training and development of less tenured underwriters.
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.
Underwriting
Evaluate new and renewal casualty and professional liability 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 support
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 overall client relationship
Actively monitor market trends and engage in strategic discussions with internal and external parties.
Actively contribute to internal projects.
Support training and development of the broader team
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
Relocation assistance within the U.S. is available for this position.
Candidates must have valid authorization to work in the U.S. without the need for employer sponsorship now or in the future.
Hybrid Work Policy: 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. SCOR employees work 3 days per week in an office with the flexibility to work 2 days per week remotely.
Pay Range for roles performed in IL: $200,500-$271,500 NY: $218,000-$294,500 base salary per year. Actual salaries may vary based on various factors including but not limited to location, experience, role and performance. The range listed is just one component of SCOR's total compensation package for employees. Other rewards may include annual bonuses, short- and long-term incentives. In addition, we provide a variety of benefits to employees, including health insurance coverage, life and disability insurance, a retirement saving plan, paid holidays and paid time off.
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