VP, Professional Lines Treaty Underwriter

Job Summary

The position is responsible for developing, marketing, and underwriting US Professional Lines 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.

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: employees work 3 days per week in the office, with the flexibility to work 2 days per week remotely.

Underwriting

• Assess new and renewal professional liability treaty reinsurance programs; casualty lines may also be considered where the candidate has relevant experience.
• 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
• 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
• 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

Required experience & competencies

• Candidates should have at least 5 to 7 years of prior reinsurance underwriting or reinsurance broking experience.
• Strong knowledge of Professional (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 developing broker and client relationships
• Positive attitude and a willingness to contribute and work collaboratively in a fast-paced environment
• Strong Microsoft office skills, particularly Excel
• Working knowledge of Salesforce, Tableau, Power BI is a plus
• AI knowledge and willingness to integrate into the underwriting approach is required
• Willingness to collaborate and mentor rising talent

Required Education

• College degree or equivalent experience required.

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 whil