Remote Life Insurance Underwriter

Alternative Solutions is a department within SCOR P&C, tasked to deliver sophisticated solutions to structure, finance and transfer (re)insurance risks. Structured (re)insurance (e.g., multi-year/multi-line, retrospective solutions, structured quota share, second-event protections)
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:

You are accountable for underwriting quality and the profitability of the portfolio you are in charge of.
Manage, monitor and renew an existing portfolio of ART / structured (re)insurance transactions, including performance tracking versus plan, accumulation monitoring, exposure changes, and remediation actions (as needed)
Drive and manage the origination pipeline by promoting ART capabilities to clients, brokers and internal underwriting teams; Review and analyse deals structured and pricing by our business partners
Underwrite and price Alternative Risk Transfer (ART) / structured (re)insurance transactions (e.g., multi-year insurance covers, captive protections, structured quota-share reinsurance, second-event protections) with a main focus on solutions to industrial and commercial companies
Provide structuring and underwriting support to Reinsurance and Insurance teams for key accounts, including solution design, pricing approach, wordings considerations and transaction governance preparation
Maintain effective relationships with clients, brokers and internal stakeholders to ensure alignment on structure, risk appetite, documentation and execution readiness for ART transactions
bordereaux and portfolio monitoring), reserving and claims coordination in conjunction with the relevant departments
Coordinate with other internal stakeholder on the policy or treaty servicing (claims, accounting, binders & endorsements issuances etc.)
Contribute to the technical knowledge base for ART / structured (re)insurance (e.g., structuring approaches, pricing methodologies, wordings issues and lessons learned), including internal training and knowledge sharing
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 develop a commercial and tactical vision
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
Ability to manage projects in coordination with various stakeholders - Team player
International minded
Pricing / cash flow modelling experience would be a plus
Relocation assistance within the U.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.
Actual salaries may vary based on various factors including but not limited to location, experience, role and performance. 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.
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." We care about clients, people, and societies. SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.