Underwriter, Executive Risks, SBS

About SCOR

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.

SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.

Job Summary

Seeking a self-starter, highly motivated, qualified professional with a strong work ethic that will be responsible for working with the Executive Risks team on executing the Directors and Officer Liability single risk strategy for SCOR Business Solutions. Candidates should possess a broad skillset to contribute and lead in a variety of disciplines including underwriting, relationship management, and policy forms. Must be a team player and have effective communication and project management skills to work with all the internal stakeholders (claims, actuarial, legal, Underwriting Management, Group Risk Management and Senior Management) that have a vested interest in this highly visible initiative.

Responsibilities

• Successfully execute the single risk D&O strategy
• Achieve and exceed the financial targets (profitability, expense, premium) for this line of business while also making a positive contribution to the SCOR Business Solutions Americas results
• Assist the Executive Risks team in growing and refining the underwriting methodology for D&O and related product lines
• Contribute to long-term growth strategy including development of new policy forms
• Operate within delegated authority levels on assignment of higher technical complexity and coordination
• Develop relationships with distribution partners throughout the Americas and proactively work with them to seek new business opportunities on targeted companies
• Collaborate with other SCOR Specialty underwriters in the Americas to provide comprehensive "all lines" whole account solutions where possible
• Proactively manage your accounts and make any necessary adjustments in the industry mix, attachment points and limits to ensure a long term, profitable book of business
• Develop and maintain relationships with distributors (brokers) in support of business retention and acquisition
• Keeps abreast of legal, regulatory and industry trends that may impact this line of business
• Travel - 20% of time

Desired Qualifications

• Bachelor's degree from a reputable University
• Insurance Industry designations (RPLU, etc.) desired but not require
• 2 to 5 years of successful underwriting of Directors & Officers Liability and related lines of business
• Preferred experience focused on Commercial Institutions
• Strong relationship with distribution partners throughout the US
• Accountability, team-oriented, strong business acumen, communication skills (oral & written), self-starter, flexibility, time management, strong ethics
• Willingness to develop the competency skills needed to become a team leader

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