| Location | Chicago, IL |
| Salary | $330,000–$445,000 Per Year |
The SVP, Head of North America Program Business Underwriting has overall accountability for the North America program business underwriting function, including strategy, business origination, underwriting standards, portfolio performance, and new product development. The role balances sustainable growth with disciplined risk selection, pricing adequacy, contract quality, and compliance with SCOR's underwriting and enterprise risk management frameworks.
The SVP leads, develops, and manages the Program Business Underwriting team; allocates account and portfolio responsibilities; provides decision support on complex referrals; and maintains clear accountability for execution. The role partners with the North America CEO, CUO office, actuarial, claims, legal, finance, reserving, risk management, operations, and technical accounting teams to deliver profitable results and an effective control environment.
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.
You may not meet every requirement listed in the job description. If you bring broad expertise and alignment to the role and resonate with our core values, we encourage you to apply.
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 ll 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.
At SCOR, we CARE about clients, people, and societies, and we are committed to placing them at the center of everything we do. Providing great benefit choices to you and your family is just one of the ways we support the physical, financial, and emotional well-being of the people who make our company successful - you.
Benefits We Offer
Pay Range for roles performed in NY & CHI: $330,000-$445,000 and $305,000-$410,000 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.
Leadership, Strategy and Underwriting Governance:
Business Development and Transaction Leadership:
Lead origination, evaluation, structuring, negotiation, and onboarding of new program opportunities. · Sponsor robust business cases and recommendations for approval by the North America CEO, CUO office, and other applicable governance bodies.
Ensure contract wording, pricing, operational readiness, due diligence, and control requirements are addressed before binding.
Team Leadership and Talent Management:
Lead, coach, and develop Program Business Underwriters, setting clear objectives and reinforcing accountability for results and conduct.
Allocate portfolios and decision authorities based on experience, capacity, business priorities, and succession needs.
Build a high-performing, inclusive team through regular feedback, talent reviews, development planning, knowledge sharing, and effective workforce planning.
Foster cross-functional collaboration and ensure issues are escalated and resolved promptly. ·
Marketing Activities:
Own senior market relationships with Program Administrators, MGAs, brokers, and strategic partners.
Represent SCOR at key industry events and strengthen SCOR's visibility and reputation in the program market.
Direct origination priorities and maintain a qualified pipeline consistent with underwriting appetite and portfolio objectives.
Compliance and ERM and ESG Activities:
Ensure an effective control environment, including compliance with licensing, legal, regulatory, ESG, underwriting, and enterprise risk management requirements.
Oversee portfolio reviews, audits, and quarterly closing activities in partnership with control and support functions.
Drive timely remediation of underwriting, operational, claims, or control issues and escalate material matters appropriately.
Leadership, Strategy and Underwriting Governance:
Business Development and Transaction Leadership:
Lead origination, evaluation, structuring, negotiation, and onboarding of new program opportunities. · Sponsor robust business cases and recommendations for approval by the North America CEO, CUO office, and other applicable governance bodies.
Ensure contract wording, pricing, operational readiness, due diligence, and control requirements are addressed before binding.
Team Leadership and Talent Management:
Lead, coach, and develop Program Business Underwriters, setting clear objectives and reinforcing accountability for results and conduct.
Allocate portfolios and decision authorities based on experience, capacity, business priorities, and succession needs.
Build a high-performing, inclusive team through regular feedback, talent reviews, development planning, knowledge sharing, and effective workforce planning.
Foster cross-functional collaboration and ensure issues are escalated and resolved promptly. ·
Marketing Activities:
Own senior market relationships with Program Administrators, MGAs, brokers, and strategic partners.
Represent SCOR at key industry events and strengthen SCOR's visibility and reputation in the program market.
Direct origination priorities and maintain a qualified pipeline consistent with underwriting appetite and portfolio objectives.
Compliance and ERM and ESG Activities:
Ensure an effective control environment, including compliance with licensing, legal, regulatory, ESG, underwriting, and enterprise risk management requirements.
Oversee portfolio reviews, audits, and quarterly closing activities in partnership with control and support functions.
Drive timely remediation of underwriting, operational, claims, or control issues and escalate material matters appropriately.