VP - Sr. Underwriter Property, Cedant Facultative Reinsurance,

You enjoy working in a fast-paced environment, with the autonomy to make the right underwriting decisions for SCOR as you contribute to building the regional book of profitable and diversified businesses. You spend your time working alongside international experts, developing and underwriting business across multiple platforms. You can understand our clients’ challenges and help find solutions that deliver what is needed. If this is what you want your day to be like, keep reading. SCOR has created a new global facultative reinsurance team, to further our success in this market. Whilst facultative underwriting is not new to us, our focused approach will help secure our position as a key market in the industry. Creating this book of business, in collaboration with the wider Insurance and Reinsurance teams is where this role begins. Within this role, you play a key role in SCORs facultative property reinsurance offering, across the United States, developing and strengthening relationships with cedants and brokers and collaborating internally with peers and counterparts in the global SCOR organisation. As a senior underwriter for property, you will support business development efforts, including business origination and ongoing maintenance of SCORs facultative offering to cedants and brokers, in the region. You support the achievement of the plan and contribute to the profitability of the cedant facultative transactions in the US and play an important part of the regional underwriting success. Your individual contributions help advance the regional and global cedant facultative ambition through sound technical and profitable underwriting. These goals require experienced underwriting and commercial skills to develop SCOR’s market share and leadership position across facultative reinsurance. ### Responsibilities **Key duties and responsibilities** **Strategic Client Engagement** – Support the development & delivery of the regional facultative ceding strategy within your line of business by helping through originate placements that align capacity and risk appetite requirements **Team Collaboration** – Build strong, collaborative relationships with reinsurance & insurance colleagues to help generate profitable business to ensure SCOR is represented consistently to clients **Market Negotiation** - Negotiate terms, pricing and conditions to secure and provide the best possible facultative reinsurance solutions **Portfolio Optimisation** – Assist in managing and renewing the existing portfolio of facultative placements, assessing placements against our risk profile, identify exposures and optimize capacity allocation **Analytics Discovery** - Collaborate with analytics and risk modelling teams to determine optional facultative reinsurance needs based on exposure and loss scenarios **Client Management** – Maintain constructive relationships with cedants and brokers, showcasing our position in the market, and additional value provided through our expertise **Operational Excellence** – Ensure accurate and timely deal documentation, including reporting, reserving and claims settlements in conjunction with the relevant departments **Compliance** - Ensure facultative placements meeting internal governance, compliance and regulatory requirements, aligned with the Internal Control System and guidelines within the region **New Market Ideation** – Stay informed on market developments, pricing shifts, and capacity changes, using this market intelligence to optimise Facultative products, timing and portfolio management ### Qualifications **Required experience & competencies** - Degree in insurance, risk management, math, engineering or science - Minimum of 8 years of relevant industry experience in U.S. facultative property underwriting - Strong expertise in property lines, strong command of technical risk assessment, pricing, U.S. regulatory requirements, and market best practices - Experience in both experience‑based and exposure‑based rating met…