Underwriter, Executive Risks, SBS

SCOR

$130K — $159K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree from a reputable University
  • 2 to 5 years of successful underwriting of Directors & Officers Liability and related lines
  • Preferred experience focused on Commercial Institutions
  • Strong relationship with distribution partners throughout the USA
  • Insurance Industry designations (RPLU, etc.) desired but not required
  • Exemplary accountability, team orientation, and business acumen
  • Willingness to develop skills for team leadership as the business grows

Responsibilities

  • Successfully execute the single risk D&O strategy
  • Achieve financial targets for profitability, expense, and premium
  • Assist in growing and refining underwriting methodology for D&O
  • Contribute to long-term growth strategy and new policy development
  • Develop relationships with distribution partners for new business opportunities
  • Collaborate with SCOR Specialty underwriters for all lines solutions
  • Proactively manage accounts for a profitable book of business
  • Stay updated on legal, regulatory, and industry trends impacting the business

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
  • Flexible Parental Leave
  • Volunteer Time
  • Summer Fridays
  • Learning & Development Resources
  • Personal Wellness Tools and Rewards
  • Competitively priced gym memberships
  • Relocation assistance within the U.S.
Full Job Description
Job Description

Seeking a self-starter, highly motivated, qualified professional with a strong work ethic that will be responsible for working with the Executive Risks team on executing the Directors and Officer Liability single risk strategy for SCOR Business Solutions. Candidates should possess a broad skillset to contribute and lead in a variety of disciplines including underwriting, relationship management, and policy forms. Must be team player and have effective communication and project management skills to work with all the internal stakeholders (claims, actuarial, legal, Underwriting Management, Group Risk Management and Senior Management) that have a vested interest in this highly visible initiative.

Responsibilities

  • Successfully execute the single risk D&O strategy
  • Achieve and exceed the financial targets (profitability, expense, premium) for this line of business while also making a positive contribution to the SCOR Business Solutions Americas results.
  • Assist the Executive Risks team in growing and refining the underwriting methodology for D&O and related product lines.
  • Contribute to long-term growth strategy including development of new policy forms.
  • Operate within delegated authority levels on assignment of higher technical complexity and coordination.
  • Develop relationships with distribution partners throughout the Americas and proactively work with them to seek new business opportunities on targeted companies.
  • Collaborate with other SCOR Specialty underwriters in the Americas to provide comprehensive "all lines" whole account solutions where possible.
  • Proactively manage your accounts and make any necessary adjustments in the industry mix, attachment points and limits to ensure a long term, profitable book of business.
  • Develop and maintain relationships with distributors (brokers) in support of business retention and acquisition.
  • Keeps abreast of legal, regulatory and industry trends that may impact this line of business.
  • Travel - 20% of time


Qualifications

  • Bachelor's degree from a reputable University
  • Insurance Industry designations (RPLU, etc.) desired but not require
  • 2 to 5 years of successful underwriting of Directors & Officers Liability and related lines of business
  • Preferred experience focused on Commercial Institutions
  • Strong relationship with distribution partners throughout the USA
  • Accountability, team-oriented, strong business acumen, communication skills (oral & written), self-starter, flexibility, time management, strong ethics
  • As the business grows, willingness to develop the competency skills needed to become a team leader

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: $130,410-$159,390 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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