Underwriter, Executive Risks, SBS

Job summary

Responsible for executing the Directors and Officer Liability single risk strategy for SCOR Business Solutions. This involves collaborating with internal stakeholders across claims, actuarial, and legal departments to manage executive risks.

Job details

Seeking a self-starter, highly motivated, qualified professional with a strong work ethic that will be responsible for working with the Executive Risks team on executing the Directors and Officer Liability single risk strategy for SCOR Business Solutions. Candidates should possess a broad skillset to contribute and lead in a variety of disciplines including underwriting, relationship management, and policy forms. Must be team player and have effective communication and project management skills to work with all the internal stakeholders (claims, actuarial, legal, Underwriting Management, Group Risk Management and Senior Management) that have a vested interest in this highly visible initiative. Responsibilities Successfully execute the single risk D&O strategy Achieve and exceed the financial targets (profitability, expense, premium) for this line of business while also making a positive contribution to the SCOR Business Solutions Americas results. Assist the Executive Risks team in growing and refining the underwriting methodology for D&O and related product lines. Contribute to long-term growth strategy including development of new policy forms. Operate within delegated authority levels on assignment of higher technical complexity and coordination. Develop relationships with distribution partners throughout the Americas and proactively work with them to seek new business opportunities on targeted companies. Collaborate with other SCOR Specialty underwriters in the Americas to provide comprehensive “all lines” whole account solutions where possible. Proactively manage your accounts and make any necessary adjustments in the industry mix, attachment points and limits to ensure a long term, profitable book of business. Develop and maintain relationships with distributors (brokers) in support of business retention and acquisition. Keeps abreast of legal, regulatory and industry trends that may impact this line of business. Travel – 20% of time Qualifications Bachelor’s degree from a reputable University Insurance Industry designations (RPLU, etc.) desired but not require 2 to 5 years of successful underwriting of Directors & Officers Liability and related lines of business Preferred experience focused on Commercial D&O, Financial Institutions, and/or E&O/Professional Liability Strong relationship with distribution partners throughout Canada Accountability, team-oriented, strong business acumen, communication skills (oral & written), self-starter, flexibility, time management, strong ethics As the business grows, willingness to develop the competency skills needed to become a team leader 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. SCOR welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process. 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. 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. Pay Range for roles performed in Toronto: $122,497-$149,179 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. 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.

What you’ll do

Responsible for executing the Directors and Officer Liability single risk strategy for SCOR Business Solutions. This involves collaborating with internal stakeholders across claims, actuarial, and legal departments to manage executive risks.

Requirements

Requires a bachelor's degree and 2 to 5 years of successful underwriting experience in Directors & Officers Liability. Candidates should have strong relationships with Canadian distribution partners and a desire to develop leadership competencies.

Benefits

• Health Insurance
• Life Insurance
• Disability Insurance
• Retirement Saving Plan
• Paid Holidays
• Paid Time Off
• Annual Bonuses
• Short-term Incentives
• Long-term Incentives

Listed skills

• Project management · Preferred
• Communication Skills · Preferred
• Time management · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Underwriting
• Relationship Management
• Policy Forms
• Project Management
• Communication Skills
• Business Acumen
• Time Management
• D&O Liability Underwriting
• Courage
• Self-Starter
• Underwriting Management
• Effective Communication
• Resilience
• Strong Work Ethic
• Self-Motivation
• Management
• Innovation
• Risk Management
• Reinsurance

Job areas

• Finance & Accounting
• Legal
• Management & Leadership
• Underwriting Executive
• Insurance Underwriter (General)
• Insurance Representatives
• Insurance Underwriters