AVP, Casualty Underwriter

Job DescriptionReporting to the Casualty RLM, Specialty Insurance Americas who reports to the Casualty GLH, Special Casualty Worldwide. This casualty underwriter will be involved in the review and underwriting of Excess Casualty business, including underwriting quality, appetite guidance and overall execution of the Excess Casualty lines for large Energy, Non-Energy and construction risks. The underwriter will utilize several paper companies for admitted, non-admitted and reinsurance companies. This position completes a team of existing underwriters writing Excess Casualty business in the Americas. Our clients include Fortune 500 companies and others in vast and varying industries. The Underwriter will have a level of Casualty underwriting authority and is accountable for underwriting decisions on our largest and most complex accounts.ResponsibilitiesKey Duties and ResponsibilitiesSubmissions and Underwriting ProcessReview new and renewal submissions, ensuring accuracy and adequacy of data; evaluate risk and account quality, including exposures and loss potentials; price accounts using SCOR's pricing models as necessary; and determine acceptable underwriting terms and conditions.Prepare clear and concise underwriting information for use in case of referrals. Communicate quotations, authorizations, declinations, and binders to the broker/client and handle negotiations and changes on the account.Evaluate claims in cooperation with the claims department.Ensure necessary paperwork is accurate and issued, and maintain complete underwriting files.Risk Assessment and AnalysisConduct thorough risk assessments and analyses to determine the viability and profitability of potential reinsurance advanced analytical tools and techniques to assess risk exposure and develop appropriate pricing and analyze industry trends, regulatory changes, and market conditions to inform underwriting decisions.Client and Broker RelationsBuild and maintain strong relationships with clients and brokers to facilitate effective communication and exceptional customer service by addressing client inquiries and concerns promptly and professionally.Collaborate with brokers to develop tailored reinsurance solutions that meet client needs and objectives.Team Collaboration and DevelopmentWork closely with other underwriters, actuaries, and claims professionals to ensure a cohesive approach to underwriting and risk management.Participate in team meetings and contribute to the development of underwriting strategies and best practices.QualificationsDesired Qualifications: 7+ years experience in primary casualty or excess casualty underwriting (2+ years Excess Casualty minimum)Strong analytical and quantitative skills, with proficiency in underwriting software and pricing models.Excellent communication and negotiation skills, with the ability to build and maintain relationships with clients and brokers.Proficient PC Skills - Word, Excel, Power PointKnowledge of industry regulations and compliance requirements.Brokerage and/or direct insurance experience.About UsAs 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.

Created: 2024-10-23