VP, Professional Lines Treaty Underwriter

Overview: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. 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.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. 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 appetiteEvaluate and negotiate contract wordingEvaluate and negotiate pricing in conjunction with actuarial supportPerform underwriting audits for current and potential clientsDiscuss underwriting and management issues with executives at primary insurance client companiesCollaborate with Client Managers to support overall client relationshipActively 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 teamAttend marketing visits to broker offices and establish marketing presenceIdentify clients that align with SCOR's appetite and are additive to the overall portfolioIdentify brokers that handle accounts that fit the SCOR underwriting targetsAttend industry conventions to promote SCORDevelop and maintain business relationshipsWork collaboratively with all internal parties to manage individual deals and overall client relationshipsDiligently maintain all documentation for assigned accounts as per SCOR guidelinesUnderstand and adhere to SCOR underwriting and pricing guidelines Required Experience & CompetenciesCandidates should have at least 5 to 7 years of prior reinsurance underwriting or reinsurance broking experience.Strong knowledge of Professional (re)insurance marketStrong communication, interpersonal and negotiation skillsWillingness to travel up to 25% of the time and dedicate a considerable amount of time to developing broker and client relationshipsPositive attitude and a willingness to contribute and work collaboratively in a fast-paced environmentStrong Microsoft office skills, particularly ExcelWorking knowledge of Salesforce, Tableau, Power BI is a plusAI knowledge and willingness to integrate into the underwriting approach is requiredWillingness 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 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. SCOR employees work 3 days per week in an office with the flexibility to work 2 days per week remotely. Pay Range for roles performed in IL: $200,500-$271,500 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. 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..