Underwriter, Financial Institutions

SCOR SE

  • New York, NY
  • 30+ days ago
  • $130,410–$159,390 Per Year

Highlights

We are seeking a self-starter, highly motivated, and results-oriented underwriting professional to join the Executive Risks team and play a key role in executing SCOR Specialty Insurance's Financial Institutions single risk strategy. They will be responsible for evaluating and underwriting complex financial institution risks, developing and maintaining broker and client relationships, and contributing to portfolio management initiatives that support broader business objectives.

Numbers & Facts

LocationNew York, NY
Salary$130,410–$159,390 Per Year

Description

We are seeking a self-starter, highly motivated, and results-oriented underwriting professional to join the Executive Risks team and play a key role in executing SCOR Specialty Insurance's Financial Institutions single risk strategy. This highly visible position offers the opportunity to work within a dynamic and collaborative environment, contributing to the profitable growth and long-term success of a diverse portfolio of financial institution risks.

The successful candidate will possess a strong underwriting foundation, technical expertise, organizational skills, and exceptional relationship management. They will be responsible for evaluating and underwriting complex financial institution risks, developing and maintaining broker and client relationships, and contributing to portfolio management initiatives that support broader business objectives. The ideal candidate combines analytical rigor with commercial acumen and is comfortable making informed decisions in a fast-paced and evolving market environment.

  • Bachelor's degree from reputable institution; advanced degree or professional insurance designation (CPCU, RPLU, ARM, or equivalent) preferred
  • Minimum of 3 years of underwriting experience within the Financial Lines insurance market.
  • Demonstrated experience underwriting public and private financial institution risks.
  • Strong knowledge of Directors & Officers (D&O), Professional Liability/E&O, Employment Practices Liability (EPL), Fiduciary Liability, and related Executive Risks products.
  • Proven ability to analyze financial statements, assess complex exposures, and develop risk-based underwriting and pricing decisions.
  • Experience negotiating coverage terms, conditions, and pricing with brokers and clients while maintaining underwriting discipline and profitability objectives.
  • Working knowledge of policy wording development, coverage interpretation, and manuscript endorsements.
  • Established broker relationships and a demonstrated ability to develop and execute upon new business pipeline and manage strategic distribution partnerships.
  • Strong analytical, decision-making, negotiation, and problem-solving skills with the ability to evaluate complex risks and make timely underwriting decisions.
  • Excellent written and verbal communication skills, with the ability to effectively present underwriting strategies and recommendations to internal and external stakeholders.
  • Strong organizational skills with the ability to manage multiple priorities and deadlines in a fast-paced environment.
  • Ability to work independently while contributing effectively within a collaborative team environment.

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

  • 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
  • And More!

Pay Range for roles performed in NY: $130,410-$159,390 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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