VP, Senior Property Underwriter, Treaty

SCOR•Chicago, IL

7d•Hybrid

About The Position

The position is responsible for developing, marketing, and underwriting of US Property Treaty business. While the skillful underwriting of a program is paramount, the candidate should be also be a team player, willing to contribute to the larger goals of the team. As such, the candidate needs effective communication and project management skills, working with external and internal stakeholders (clients, brokers, SCOR teams, claims, actuarial, legal, strategy and senior management). We are looking for a candidate who is comfortable with open-ended challenges where the candidate can succinctly and confidently recommend solutions knowing that the process to solutions is as important as the outcome. The candidate will be expected to assume client management responsibilities which requires 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. SCOR employees work 3 days per week in an office with the flexibility to work 2 days per week remotely.

Requirements

College degree or equivalent work experience.
Minimum of 5-7 years of prior reinsurance underwriting/reinsurance broking experience.
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 develop broker and client relationships
Positive attitude and a wiliness to contribute and work collaboratively in a fast-paced environment
Strong Microsoft office skills, particularly excel
Candidates must have valid authorization to work in the U.S. without the need for employer sponsorship now or in the future.

Nice To Haves

Expertise in Cat XL underwriting a plus
Working knowledge of Salesforce and Tableau a plus
Working knowledge of RMS and/or AIR a plus
Willingness to work collaboratively and mentor rising star talent

Responsibilities

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 & modeler support
Monitor & adhere to cat capacity aggregations and allocations
Perform underwriting audits for current and potential clients
Discuss underwriting and management issues with executives at primary insurance client companies
Work with Client Managers to support management of client relationships
Actively monitor market trends and engage in strategic discussions with internal and external parties.
Actively participate and contribute to internal projects.
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 and develop business relationships
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

Benefits

Medical, vision, and dental coverage
401(k) Plan with a competitive match
Company-funded Defined Contribution Retirement Program
Life and AD&D insurance
Long- and Short-Term Disability
Flexible Parental Leave
Unlimited Sick Days
Volunteer Time
Summer Fridays
Learning & Development Resources
Personal Wellness Tools and Rewards
Competitively priced gym memberships from a large nationwide network of gym brands and local fitness studios
Relocation assistance within the U.S. is available for this position.