VP – Sr. Underwriter Property, Cedant 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