VP - Sr. Underwriter Property, Cedant Facultative Reinsurance,

SCOR; New York (NY); Hybrid; USD 180,000 - 240,000; Full time

Benefits offered by this job

Medical, vision, dental coverage

401(k) Plan with matching

Company-funded Defined Contribution

Life and AD&D insurance

Disability insurance

Wellness tools and rewards

Gym memberships

Job summary

SCOR is seeking a senior underwriter for property facultative reinsurance in the United States. You will drive business development, origination, and ongoing maintenance of SCOR's facultative offering to cedants and brokers, with a focus on profitability and market leadership.

The role emphasizes strong technical underwriting, collaboration across SCOR globally, and strategic market engagement. Responsibilities include negotiating terms, managing existing portfolios, and working with analytics

Qualifications

• 8+ years of US facultative property underwriting experience.
• Degree in insurance, risk management, math, engineering or science.

Responsibilities

• Strategic Client Engagement: develop and deliver regional facultative ceding strategy.
• Team Collaboration: build strong relationships with reinsurance and underwriting colleagues.
• Market Negotiation: negotiate terms, pricing and conditions for FAC reinsurance.
• Portfolio Optimisation: manage and renew the existing facultative portfolio.
• Analytics Discovery: work with analytics and risk modelling to identify needs.
• Client Management: maintain relationships with cedants and brokers.
• Operational Excellence: ensure accurate deal documentation, reporting, and reserving.
• Compliance: align placements with governance and regulatory requirements.
• New Market Ideation: monitor market developments to optimise products and portfolio.

Skills

Underwriting expertise

Relationship management

Negotiation

Team collaboration

Agile/workflow

Education

Degree in insurance/risk management/math/engineering/science

Tools

Risk modelling software

Excel

SQL

Job description

Within this role, you play a key role in SCORs facultative property reinsurance offering, across the United States, developing and strengthening relationships with cedants and brokers and collaborating internally with peers and counterparts in the global SCOR organisation.

As a senior underwriter for property, you will support business development efforts, including business origination and ongoing maintenance of SCORs facultative offering to cedants and brokers , in the region.

You support the achievement of the plan and contribute to the profitability of the cedant facultative transactions in the US and play an important part of the regional underwriting success. Your individual contributions help advance the regional and global cedant facultative ambition through sound technical and profitable underwriting.

These goals require experienced underwriting and commercial skills to develop SCOR’s market share and leadership position across facultative reinsurance.

Responsibilities

Key duties and responsibilities

Strategic Client Engagement – Support the development & delivery of the regional facultative ceding strategy within your line of business by helping through originate placements that align capacity and risk appetite requirements

Team Collaboration – Build strong, collaborative relationships with reinsurance & insurance colleagues to help generate profitable business to ensure SCOR is represented consistently to clients

Market Negotiation - Negotiate terms, pricing and conditions to secure and provide the best possible facultative reinsurance solutions

Portfolio Optimisation – Assist in managing and renewing the existing portfolio of facultative placements, assessing placements against our risk profile, identify exposures and optimize capacity allocation

Analytics Discovery - Collaborate with analytics and risk modelling teams to determine optional facultative reinsurance needs based on exposure and loss scenarios

Client Management – Maintain constructive relationships with cedants and brokers, showcasing our position in the market, and additional value provided through our expertise

Operational Excellence – Ensure accurate and timely deal documentation, including reporting, reserving and claims settlements in conjunction with the relevant departments

Compliance - Ensure facultative placements meeting internal governance, compliance and regulatory requirements, aligned with the Internal Control System and guidelines within the region

New Market Ideation – Stay informed on market developments, pricing shifts, and capacity changes, using this market intelligence to optimise Facultative products, timing and portfolio management

Qualifications

Required experience & competencies

Degree in insurance, risk management, math, engineering or science

Minimum of 8 years of relevant industry experience in U.S. facultative property underwriting

Strong expertise in property lines, strong command of technical risk assessment, pricing, U.S. regulatory requirements, and market best practices

Experience in both experience‑based and exposure‑based rating methodologies for facultative property business

Experience building, managing, and steering a book of business through market cycles

Good understanding of value creation, end‑to‑end underwriting processes, and related actuarial, accounting, legal, and regulatory considerations

Exposure to working within matrixed organizations and fast‑evolving international environments

Agile work style with a bias for action

Strong team orientation and collaborative mindset

Established relationships with key broking and cedant partners

Strong negotiation, presentation, and marketing capabilities

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.

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
• Personal Wellness Tools and Rewards
• Competitively priced gym memberships from a large nationwide network of gym brands and local fitness studios
• And More!

butnotlimitedtolocation,experience,roleandperformance.TherangelistedisjustonecomponentofSCOR'stotalcompensation packageforemployees.Otherrewardsmayincludeannualbonuses,short-andlong termincentives.Inaddition,weprovideavarietyofbenefitstoemployees,includinghealthinsurance

coverage,lifeanddisabilityinsurance,aretirementsavingplan,paidholidaysandpaidtimeoff.

• 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.