VP, Professional Lines Treaty Underwriter

About the Role

As part of the US Casualty Treaty team, the candidate will develop, market, and underwrite profitable professional lines treaty accounts, with emphasis on risk assessment, contract language, and pricing. The role requires strong client management, collaboration with internal and external stakeholders, and effective communication and analytical skills. The candidate should be comfortable traveling and contributing to team objectives and internal projects.

Key Responsibilities

• 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

• 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

Qualifications

• 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

Pay & Schedule

• Hybrid work policy: 3 days per week in office (Chicago or New York City), 2 days per week remote
• Pay range for roles performed in IL: $200,500-$271,500 base salary per year
• Pay range for roles performed in NY: $218,000-$294,500 base salary per year
• Actual salaries may vary based on various factors including but not limited to location, experience, role and performance

Benefits

• Annual bonuses and short- and long-term incentives
• Health insurance coverage
• Life and disability insurance
• Retirement saving plan
• Paid holidays and paid time off