SCOR
Overview
5 days ago Be among the first 25 applicants
This range is provided by SCOR. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range: $210,000.00/yr - $243,000.00/yr
Candidate Qualifications Could Impact Level - If You're Broadly Interested, Please Apply Directly
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 As a member of the Credit & Surety Treaty Department, primary activities will be to negotiate, underwrite and manage the business of reinsurance of credit, surety and potentially mortgage risk for North American cedents. Utilizing SCOR\'s various underwriting systems and tools, the candidate will also help with the pricing, selection and monitoring of reinsurance offers. The candidate will help service special acceptances and help maintain positive trading relations with clients and brokers. Other activities may include performing market studies for the further development of the department and SCOR Global P&C Reinsurance.
The CSPR treaty team is comprised of 15 people and its markets are divided between North America, Latin America, Europe and Asia-Pacific, and the team is recognized to be among the leaders for this line of business. North America is currently serviced out of New York.
Our North American clients are primarily Surety companies that offer performance guarantees for a wide variety of obligations, whether compliance, legal, financial or contractual (e.g. performance obligations under construction contracts). The department also covers institutions specialized in offering trade credit insurance to companies for the risk of default on payment by their buyers due to insolvency, financial difficulties or political risks in the buyer\'s country (e.g. currency inconvertibility, embargos, civil unrest etc.).
Key Duties and Responsibilities
Develop quality business relationships with our clients, advising on conditions of insurance and reinsurance (general conditions, prices ...)
Investigate, negotiate and underwrite reinsurance submissions (Principal / buyer balance sheet analysis, portfolio analysis of ceding companies, sector and country risk analysis, analysis of the conditions for the selection and the pricing of (re-insurance))
Support on-going tasks relating to the management and monitoring of the in-force portfolio as well as new business (data management / coordination, aggregation reporting, recording of new and renewal business, contract review, etc.)
Conduct statistical and technical studies within your area of responsibility to gain a better and thorough understanding of the markets within the respective countries, to promote and help to establish this line of business and to increase our influence and relevance for the sector within the market
Perform client portfolio visits and file audits to gain a better and thorough understanding of the cedent\'s underwriting approach, technical expertise and buyer risk analysis and to get a proper evaluation of (pending) claims
Cooperate with specialty claim department in the assessment/validation of any new claim
Provide input and help the local C&S team leader in preparing the North America contribution to the annual Credit & Surety treaty underwriting plan and initiatives
Participate in maintaining and developing the level of sophistication of the industry, attending industry events (e.g. NAIS, NASBP, SAC) and to establish long term relationship with our customers
Liaising and aligning market strategies with internal Key Client Managers and underwriters of other lines of business
Desired Experience & Competencies
5+ years in direct credit and/or surety insurance underwriting and/or credit and surety reinsurance is preferable.
Strong analytical skills, excellent interpersonal, communication and presentation skills.
Independent, organized and rigorous in your working style and willing to travel as necessary in the region.
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 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.
At SCOR, we CARE about clients, people, and societies, and we are committed to placing them at the center of everything we do. Providing great benefit choices to you and your family is just one of the ways we support the physical, financial, and emotional well-being of the people who make our company successful - you.
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
Unlimited Sick Days
Summer Fridays
Personal Wellness Tools and Rewards
Competitively priced gym memberships from a large nationwide network of gym brands and local fitness studios
And More!
"In compliance with local law, we are disclosing the compensation, or range thereof, for roles that will be performed in New York. 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. Pay Range: $210,000 - $243,000 salary per year. 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."
The displayed salary range is typical for candidates hired in this role. Actual salary may vary depending on skills, experience, and internal comparisons.
Seniority level
Executive
Employment type
Contract
Job function
Business Development, Sales, and Strategy/Planning
Referrals increase your chances of interviewing at SCOR by 2x
Get notified about new Underwriter jobs in New York, NY.
New York, NY $70,000.00-$77,500.00 6 days ago
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This range is provided by SCOR. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range: $210,000.00/yr - $243,000.00/yr
Candidate Qualifications Could Impact Level - If You're Broadly Interested, Please Apply Directly
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 As a member of the Credit & Surety Treaty Department, primary activities will be to negotiate, underwrite and manage the business of reinsurance of credit, surety and potentially mortgage risk for North American cedents. Utilizing SCOR\'s various underwriting systems and tools, the candidate will also help with the pricing, selection and monitoring of reinsurance offers. The candidate will help service special acceptances and help maintain positive trading relations with clients and brokers. Other activities may include performing market studies for the further development of the department and SCOR Global P&C Reinsurance.
The CSPR treaty team is comprised of 15 people and its markets are divided between North America, Latin America, Europe and Asia-Pacific, and the team is recognized to be among the leaders for this line of business. North America is currently serviced out of New York.
Our North American clients are primarily Surety companies that offer performance guarantees for a wide variety of obligations, whether compliance, legal, financial or contractual (e.g. performance obligations under construction contracts). The department also covers institutions specialized in offering trade credit insurance to companies for the risk of default on payment by their buyers due to insolvency, financial difficulties or political risks in the buyer\'s country (e.g. currency inconvertibility, embargos, civil unrest etc.).
Key Duties and Responsibilities
Develop quality business relationships with our clients, advising on conditions of insurance and reinsurance (general conditions, prices ...)
Investigate, negotiate and underwrite reinsurance submissions (Principal / buyer balance sheet analysis, portfolio analysis of ceding companies, sector and country risk analysis, analysis of the conditions for the selection and the pricing of (re-insurance))
Support on-going tasks relating to the management and monitoring of the in-force portfolio as well as new business (data management / coordination, aggregation reporting, recording of new and renewal business, contract review, etc.)
Conduct statistical and technical studies within your area of responsibility to gain a better and thorough understanding of the markets within the respective countries, to promote and help to establish this line of business and to increase our influence and relevance for the sector within the market
Perform client portfolio visits and file audits to gain a better and thorough understanding of the cedent\'s underwriting approach, technical expertise and buyer risk analysis and to get a proper evaluation of (pending) claims
Cooperate with specialty claim department in the assessment/validation of any new claim
Provide input and help the local C&S team leader in preparing the North America contribution to the annual Credit & Surety treaty underwriting plan and initiatives
Participate in maintaining and developing the level of sophistication of the industry, attending industry events (e.g. NAIS, NASBP, SAC) and to establish long term relationship with our customers
Liaising and aligning market strategies with internal Key Client Managers and underwriters of other lines of business
Desired Experience & Competencies
5+ years in direct credit and/or surety insurance underwriting and/or credit and surety reinsurance is preferable.
Strong analytical skills, excellent interpersonal, communication and presentation skills.
Independent, organized and rigorous in your working style and willing to travel as necessary in the region.
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 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.
At SCOR, we CARE about clients, people, and societies, and we are committed to placing them at the center of everything we do. Providing great benefit choices to you and your family is just one of the ways we support the physical, financial, and emotional well-being of the people who make our company successful - you.
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
Unlimited Sick Days
Summer Fridays
Personal Wellness Tools and Rewards
Competitively priced gym memberships from a large nationwide network of gym brands and local fitness studios
And More!
"In compliance with local law, we are disclosing the compensation, or range thereof, for roles that will be performed in New York. 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. Pay Range: $210,000 - $243,000 salary per year. 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."
The displayed salary range is typical for candidates hired in this role. Actual salary may vary depending on skills, experience, and internal comparisons.
Seniority level
Executive
Employment type
Contract
Job function
Business Development, Sales, and Strategy/Planning
Referrals increase your chances of interviewing at SCOR by 2x
Get notified about new Underwriter jobs in New York, NY.
New York, NY $70,000.00-$77,500.00 6 days ago
#J-18808-Ljbffr