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SCOR

SVP, Head of Alternative Solutions, North America

Reposted One Month Ago
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In-Office
Chicago, IL, USA
305K-445K Annually
Senior level
In-Office
Chicago, IL, USA
305K-445K Annually
Senior level
Lead North America Alternative Solutions reinsurance: originate, price and negotiate non-traditional deals; manage and develop regional underwriting team; optimize and renew portfolio; drive business development, client and broker relationships; ensure operational, reporting and compliance excellence; explore new market opportunities.
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As Head of North America Reinsurance segment, you will drive the strategic engagement for our business development, including business origination and maintenance of the SCOR “Alternative” offering to clients and brokers, in the region. Within this role, you act as a team manager and as an underwriter. 

You are also responsible for the achievement of the Plan, for the profitability of the alternative solutions transactions in the region, and driving the success of the underwriting team within the region. Your plan contribution forms part of the global Alternative Solutions ambition and is achieved through sound technical and profitable underwriting of your transactions. 

These goals are achieved through your skill at developing SCOR’s market share and leadership position across Alternative Solutions, through enhancing the Group image in the market by efficient and innovative support of client needs.

Responsibilities

Underwriting focus - Originate, design, evaluate and price offers of non-traditional / alternative deals proposals from various sources and negotiate conditions of the contracts

Leadership - Manage the regional team, ensuring optimised allocation of the workload but in additional, and importantly, support the career paths, encouraging personal development and appropriated trainings when required. 

Portfolio Optimisation - Manage and renew an existing portfolio of non-traditional / alternative deals currently in place 

Business Development – Develop tailored products and promote non-traditional / alternative deals to SCOR clients, brokers and SCOR underwriting teams, designing alternative capital-based strategies for clients

Client Management - Maintain relationships with clients and brokers, showcasing our position in the market, and additional value provided through our expertise 

Operational Excellence - Contribute to the deal maintenance, including reporting, reserving and claims settlements in conjunction with the relevant department 

Compliance - Ensure compliance with ICS process and Guidelines within the region 

New Market Ideation - Investigate, analyze existing and new markets in the area and propose new solutions in order to develop the existing portfolio

Qualifications
  • Qualified by experience accepted
  • Business focused degree advantageous, but not required
  • Substantial industry experience, work experience in underwriting in an international environment in an “alternative risk transfer” environment.
  • Market leading technical knowledge of subjects associated to non-traditional underwriting as well as a wider understanding of related actuary, accounting, legal, regulatory and capital management topics\

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.
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 & CHI: $330,000-$445,000 and $305,000-$410,000 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.


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.

SCOR Chicago, Illinois, USA Office

Chicago, United States, 00000

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