Established in 1970, SCOR SE is a leading global reinsurance company specializing in property and casualty (P&C) and life reinsurance solutions. The company fos
Assistant Vice President, Alternative Solutions Underwriter
Location
New York + 1 moreAll locations: New York | Illinois
Posted
43 days ago
Salary
$185.5K - $251.5K / year
Seniority
Lead
Job Description
Assistant Vice President, Alternative Solutions Underwriter
SCOR SE
Title: AVP, Alternative Solutions Underwriter Location: New York, NY, chicago, IL, United States Job Description: Alternative Solutions is a department within SCOR P&C, tasked to deliver sophisticated solutions to structure, finance and transfer (re)insurance risks. The SCOR Alternative Solutions offering includes: - Structured (re)insurance (e.g., multi-year/multi-line, retrospective solutions, structured quota share, second-event protections) - Parametric solutions - Fronting solutions Alternative Solutions team members are located in Paris, Zurich, London, New York and Singapore and beneficiate from P&C division support, work closely with other P&C market & (re)insurance managers, and have direct contact with clients, brokers and other intermediaries to: - Contribute to the achievement of the underwriting plan - Contribute to Group results through disciplined, profitable underwriting - Develop SCOR's market share and leadership position - Enhance SCOR's market profile through responsive, innovative client support In this role, you develop and deliver SCOR's Alternative offering primarily for North America, supporting internal underwriting teams, clients and brokers. You are accountable for underwriting quality and the profitability of the portfolio you are in charge of. - A minimum of a college degree in Actuarial Science, Engineering, Finance or equivalent discipline. Business degree in addition would be a plus. - Fluency in another language would be a plus. - Ideally, a minimum of 2 years work experience on "alternative risk transfer" in an international environment, additional (re)insurance experience a plus - Proven underwriting skills (marketing, negotiation, structuring, pricing, wordings), - Proven ability to define and implement a business plan - Proven ability to develop a commercial and tactical vision - Ability to successfully negotiate "face-to-face" with brokers and clients - Ability to use complex spreadsheets, word and power point - Sound technical knowledge of subjects associated to non-traditional underwriting as well as a wider understanding of related actuary, accounting, legal, regulatory and capital management topics - Knowledge of competitors, clients and brokers - Ability to manage projects in coordination with various stakeholders - Team player - International minded - Communication and interpersonal skills - Flexibility, Proactive, Autonomy - Analytical, organizational and reporting skills - Pricing / cash flow modelling experience would be a plus 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 NY: $185,500-$251,500 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.
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