VP - Treaty Underwriter

1 month ago

Toronto, Canada Scor Full time
Job Description

Energetic and ambitious, open minded, creative, team player, autonomous individual wishing to pursue a career in reinsurance. This position will be based in Toronto and involves travel to visit with clients in Canada and on occasion internationally. Reporting to the Chief Underwriting Officer, the Senior Treaty Underwriter will manage, with colleagues, all aspects of property and casualty treaty underwriting for Canadian insurers, and become responsible for a portfolio of business. The ideal candidate will be preferably Bilingual and have background in one or more of the following fields - underwriting, finance, economics, actuarial science, risk management.

Responsibilities

Underwriting
  • Evaluate renewal and new business treaty reinsurance programs as per SCOR guidelines.
  • Structure and negotiate appropriate terms and conditions
  • Evaluate and negotiate contract wording
  • Evaluate and negotiate pricing in conjunction with actuaries
  • Refer all issues as required by SCOR guidelines
  • Perform underwriting audits at current and potential clients

Client Management
  • Responsibility for overall SCOR relationship with clients
  • Market SCOR to insurance companies and reinsurance brokers to obtain suitable business.
  • Organize and manage client events

Reporting and account management
  • Inform SCOR Underwriting Management and SCOR Canada management as required of activities, client and portfolio results
  • Record all documentation for assigned business as per SCOR Guidelines
  • Ensure compliance and document all necessary referrals according to SCOR Guidelines


Qualifications

  • A minimum of 10 years in the (re)insurance industry: primary underwriting; and/or reinsurance brokerage experience.
  • Underwriting education or experience, financial, actuarial, economic, risk management
  • Proven leadership abilities
  • Ability to collaborate and deliver in a cross functional team environment
  • Excellent analytical skills
  • Solid negotiation and communication skills
  • Proficient in Microsoft Office Suite, particularly Excel
  • Bilingual in French would be preferrable


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.

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