Underwriter, Financial Institutions

SCOR; New York (NY); On-site; USD 130,410 - 159,390; Full time

Benefits offered by this job

Medical, vision, and dental coverage

401(k) Plan with a competitive match

Company-funded Defined Contribution退休

Job summary

SCOR Specialty Insurance seeks an experienced underwriting professional for its Executive Risks team in New York. Responsibilities include underwriting new and renewal business, pricing adequacy, and negotiating terms to align with risk appetite.

The role emphasizes broker/client relationship management, portfolio analytics, and cross-functional collaboration to support product development and market growth in Financial Institutions risks.

Qualifications

• Bachelor's degree or higher; advanced degree or professional designation preferred.
• Minimum of 3 years underwriting experience within the Financial Lines market.
• Demonstrated experience underwriting public and private financial institution risks; D&O, EPL, Fiduciary Liability and related products knowledge.

Responsibilities

• Underwrite new and renewal business; assess exposures and pricing; negotiate terms.
• Collaborate with claims, actuarial, legal and wordings teams to support product development and portfolio performance.
• Cultivate relationships with brokers and clients to grow the Financial Institutions franchise.

Skills

Underwriting foundation

Relationship management

Analytical skills

Negotiation skills

Education

Bachelor's degree

Professional designation (CPCU/RPLU/ARM)

Tools

Policy wording development

Portfolio analytics

Job description

We are seeking a self-starter, highly motivated, and results-oriented underwriting professional to join the Executive Risks team and play a key role in executing SCOR Specialty Insurance’s Financial Institutions single risk strategy. This highly visible position offers the opportunity to work within a dynamic and collaborative environment, contributing to the profitable growth and long-term success of a diverse portfolio of financial institution risks.

The successful candidate will possess a strong underwriting foundation, technical expertise, organizational skills, and exceptional relationship management. They will be responsible for evaluating and underwriting complex financial institution risks, developing and maintaining broker and client relationships, and contributing to portfolio management initiatives that support broader business objectives. The ideal candidate combines analytical rigor with commercial acumen and is comfortable making informed decisions in a fast-paced and evolving market environment.

Responsibilities

Key responsibilities include underwriting new and renewal business, assessing exposures and pricing adequacy, negotiating terms and conditions, and ensuring adherence to underwriting guidelines and risk appetite. The role will also involve collaborating closely with claims, actuarial, legal, and wordings teams to support product development, policy form enhancements, and overall portfolio performance.

In addition to underwriting responsibilities, the candidate will be expected to actively cultivate and strengthen relationships with brokers, clients, and industry stakeholders. They should be capable of representing SCOR in the marketplace, identifying new business opportunities, and contributing to the continued growth and visibility of the Financial Institutions franchise.

The ideal individual will demonstrate leadership qualities, intellectual curiosity, and a proactive approach to problem‑solving. Candidates should possess a broad skill set and the flexibility to contribute across multiple disciplines, including underwriting strategy, relationship management, policy wording development, portfolio analytics, and cross‑functional projects. Strong communication, negotiation, and organizational skills are essential, along with the ability to work both independently and collaboratively within a team‑oriented culture.

This is an excellent opportunity for a motivated underwriting professional seeking to make a meaningful impact within a growing and entrepreneurial platform while contributing to the continued success of SCOR Specialty Insurance's Executive Risks business.

Qualifications

• Bachelor's degree from reputable institution; advanced degree or professional insurance designation (CPCU, RPLU, ARM, or equivalent) preferred
• Minimum of 3 years of underwriting experience within the Financial Lines insurance market.
• Demonstrated experience underwriting public and private financial institution risks.
• Strong knowledge of Directors & Officers (D&O), Professional Liability/E&O, Employment Practices Liability (EPL), Fiduciary Liability, and related Executive Risks products.
• Proven ability to analyze financial statements, assess complex exposures, and develop risk‑based underwriting and pricing decisions.
• Experience negotiating coverage terms, conditions, and pricing with brokers and clients while maintaining underwriting discipline and profitability objectives.
• Working knowledge of policy wording development, coverage interpretation, and manuscript endorsements.
• Established broker relationships and a demonstrated ability to develop and execute upon new business pipeline and manage strategic distribution partnerships.
• Strong analytical, decision‑making, negotiation, and problem‑solving skills with the ability to evaluate complex risks and make timely underwriting decisions.
• Excellent written and verbal communication skills, with the ability to effectively present underwriting strategies and recommendations to internal and external stakeholders.
• Strong organizational skills with the ability to manage multiple priorities and deadlines in a fast‑paced environment.

Ability to work independently while contributing effectively within a collaborative team environment.

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 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.

• Locations 28 Liberty Street, New York, NY, 10005, US

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.