Underwriter, Alternative Solutions

Alternative Solutions is a department of P&C Solutions. P&C Solutions is a key unit within SGP&C with brings technical services to the two business units of the Division: Reinsurance and Specialty Insurance.

Alternative Solutions provide a wide range of solutions for the transformation, financing and transfer of (re)insurance risks. It primarily acts as a service provider to the business units which are managing the respective client relationships.

Within the Alternative Solutions Business Unit, you are in charge of developing and maintaining the “Alternative” offering to SCOR Business Solutions underwriting teams, clients (corporate and captive clients) and brokers. You are also responsible for the profitability of the non-traditional / alternative solutions within your portfolio.

The SCOR “Alternative” offering consists in:

- Structured (re)insurance contracts (multiyear multiline products, retrospective reinsurance, contingent solutions,)
- Captive reinsurance solutionsParametric and ILS solutions

You will beneficiate from SGPC division support and will interact with other SGPC market & specialty managers, with direct client contacts and with brokers to:

- Contribute to the achievement of the underwriting plan
- Contribute to the overall results of the Group by sound technical and profitable underwriting
- Develop SCOR’s market share and leadership position
- Enhance Group image in the market by efficient and innovative support of client needs

**Key duties and responsibilities**
- Originate, design, evaluate and price offers of non-traditional / alternative deals proposals from various sources and negotiate conditions of the contracts, in coordination with the traditional LoB underwriter, in accordance with the underwriting management guidelines, and in coordination with the pricing department for actuarial support and validation
- Manage and renew an existing portfolio of non-traditional / alternative deals currently in place and primarily brokered in the Continental Europe markets for corporate clients (directly or via captives), and in selected Continental Europe markets. You may also have to manage deal opportunities from APAC depending on allocation of the workload within the team.
- Promote non-traditional / alternative deals to SCOR clients, brokers and SCOR Business Solutions underwriting teams
- Generate new offers and promote the Group through pro-active marketing in accordance with the strategy and guidelines
- Bring technical support and education to SCOR Business Solutions underwriting teams in respect of Alternative Solutions area,
- Contribute to the technical knowledge of non-traditional solutions
- Investigate, analyze existing and new markets in the area and propose new contracts in order to develop the existing portfolio
- Respond to all offers in a timely manner
- Research, develop and report on new areas of profitable growth
- Maintain relationships with clients and brokers
- Contribute to the deal maintenance, including reporting, reserving and claims settlements in conjunction with the relevant departments

**Required experience & competencies**
- Ideally, a minimum of 3 years work experience on “alternative risk transfer” in an international environment
- Proven underwriting skills (marketing, negotiation, structuring, pricing, wordings),
- Knowledge of competitors, clients and brokers
- Ability to manage projects
- Team player
- Ability to define and implement a business plan
- Ability to develop a commercial and tactical vision
- Ability to successfully negotiate “face-to-face” with brokers and clients
- Ability to use complex spreadsheets, word and power point
- Respect of internal control systems, compliance with processes and guidelines
- Proactive
- International-minded
- Communication and interpersonal skills
- Analytical, organizational and reporting skills
- Autonomy
- Curiosity
- Flexibility
- Availability to travel within the EMEA region
- Any other languages than English and French will be a plus

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.