As Head of North America Reinsurance segment, you will drive the strategic engagement for our business development, including business origination and maintenance of the SCOR “Alternative” offering to clients and brokers, in the region. Within this role, you act as a team manager and as an underwriter.
You are also responsible for the achievement of the Plan, for the profitability of the alternative solutions transactions in the region, and driving the success of the underwriting team within the region. Your plan contribution forms part of the global Alternative Solutions ambition and is achieved through sound technical and profitable underwriting of your transactions.
These goals are achieved through your skill at developing SCOR’s market share and leadership position across Alternative Solutions, through enhancing the Group image in the market by efficient and innovative support of client needs.
ResponsibilitiesUnderwriting focus - Originate, design, evaluate and price offers of non-traditional / alternative deals proposals from various sources and negotiate conditions of the contracts
Leadership - Manage the regional team, ensuring optimised allocation of the workload but in additional, and importantly, support the career paths, encouraging personal development and appropriated trainings when required.
Portfolio Optimisation - Manage and renew an existing portfolio of non-traditional / alternative deals currently in place
Business Development – Develop tailored products and promote non-traditional / alternative deals to SCOR clients, brokers and SCOR underwriting teams, designing alternative capital-based strategies for clients
Client Management - Maintain relationships with clients and brokers, showcasing our position in the market, and additional value provided through our expertise
Operational Excellence - Contribute to the deal maintenance, including reporting, reserving and claims settlements in conjunction with the relevant department
Compliance - Ensure compliance with ICS process and Guidelines within the region
New Market Ideation - Investigate, analyze existing and new markets in the area and propose new solutions in order to develop the existing portfolio
Qualifications- Qualified by experience accepted
- Business focused degree advantageous, but not required
- Substantial industry experience, work experience in underwriting in an international environment in an “alternative risk transfer” environment.
- Market leading 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\
You may not meet every requirement listed in the job description. If you bring broad expertise and alignment to the role and resonate with our core values, we encourage you to apply.
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 ll 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 We Offer
• 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
• Flexible Parental Leave
• Unlimited Sick Days
• Volunteer Time
• Summer Fridays
• Learning & Development Resources
• Personal Wellness Tools and Rewards
• Competitively priced gym memberships from a large nationwide network of gym brands and local fitness studios
• And More!
Pay Range for roles performed in NY & CHI: $330,000-$445,000 and $305,000-$410,000 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.
About Us
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.
Skills Required
- Qualified by experience (formal degree not required)
- Substantial industry experience in underwriting in an international alternative risk transfer environment
- Market-leading technical knowledge of non-traditional underwriting plus understanding of actuarial, accounting, legal, regulatory and capital management topics
- Business-focused degree advantageous
- Valid authorization to work in the U.S. without employer sponsorship now or in the future
What We Do
SCOR, one of the world’s largest reinsurers, serves more than 5,000 clients worldwide, providing a diversified and innovative range of solutions to control and manage risk. SCOR delivers advanced financial solutions, analytics and services across all dimensions of risk in Life & Health, Property & Casualty, and Investments. Reinsurance lies at the intersection of technical expertise and scientific progress. Models, data, and pricing and reserving tools are essential, yet they are never sufficient on their own. Sound risk decisions require expert judgment, experience and perspective. This is what we call the Art and Science of Risk. Reinsurance is a knowledge industry, where expertise grows through accumulation, transmission and practice. Across the Group, 3,600 experts based in more than 35 offices worldwide contribute to this collective intelligence. Actuaries, underwriters, risk management specialists, and Tech & Data experts transform data into insight, explore extreme scenarios, define the boundaries of insurability and help anticipate emerging risks. Together, they strengthen the resilience of SCOR, our clients and the societies we serve. This expertise is built through shared experience,continuous questioning and collective reflection. Like artists, we belong to schools of thought, learning first to observe, then to replicate, and ultimately to innovate. This ongoing transmission of knowledge enables SCOR to develop a distinctive approach, combining rigor, creativity and long-term vision in the service of risk mastery. This shared commitment underpins SCOR’s role as a global reinsurer. By turning risk into resilience and sustainable value, our collective of experts acts with responsibility and purpose. Together, we help protect the future, and shape it, for our clients, for society and for generations to come.
