VP Senior Underwriter, Construction

SCOR•New York, NY

2d•$176,000 - $238,000•Hybrid

About The Position

At SCOR Business Solutions, we offer a comprehensive insurance product range to address large corporate and industrial clients’ complex and evolving needs worldwide. We can do this thanks to our dedicated local expert teams, with an underwriting DNA based on technical expertise and in-depth industry knowledge. We are large but small working in a global product-oriented structure meaning that client not geography comes first. We get excited about offering our clients a diversified and innovative range of 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. The Group generated premiums of EUR 19.4 billion in 2023 and serves clients in around 160 countries from its 35 offices worldwide.

Requirements

An Engineering or analytical degree preferred; other equivalent experience accepted.
Strong underwriting experience across the market.
High technical acumen of reinsurance and insurance principals.
Candidates must have valid authorization to work in the U.S. without the need for employer sponsorship now or in the future.

Responsibilities

Producing and managing your portfolios of accounts, through the strong market relationships you have is at the core of your role at SCOR.
Actively contributing to portfolio growth and diversification, supporting the overall organization strategy.
Receive, select and evaluate offers of business from various sources, produce terms and negotiate the bespoke wordings of the contracts.
Support the development of our submission pipeline and promote SCOR by pro-active marketing in line with the strategy and guidelines defined by us.
Maintaining and developing business and market relationships with clients and brokers and attending broker and client hosted events.
Research and development, with a desire to look at new areas of potential profitable growth.
Working as a team across underwriting, and working closely with Claims and Pricing.
Be part of the team delivering profitable growth and diversify the portfolio in accordance with strategy and in accordance with the SBS Insurance Guidelines and practices.
Receive, select, and evaluate offers of business from various sources, calculate pricing, & negotiate conditions of the contracts.
Take time to identify, research, develop and report on new areas of profitable growth.
Be comfortable in marketing all SBS capabilities and product solutions to Corporate Risk Managers, Brokers and Ceding Companies with a specific emphasis Casualty.
Develop marketing materials and intelligence documentation based on research and analysis of both the portfolio results and the market data.
Provide technical expertise, best practices and mentoring to underwriters in the region that assist in sourcing new business opportunities.
Collaborate with peers other regions to share market intelligence, best practices but most importantly ensuring that our underwriting methodology is consistent throughout the World.
Assist other business lines in local market interactions to support cross-LOB growth.
Collaborate with the Claims Function in negotiating/resolving the claims arising from your portfolio.
Ensure data quality and reporting to all our IT systems.

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