Description

Job Description

At SCOR Business Solutions, we offer a comprehensive insurance product range to address large corporate and industrial clients' complex and evolving needs worldwide. We can do this thanks to our dedicated local expert teams, with an underwriting DNA based on technical expertise and in-depth industry knowledge. We are large but small working in a global product oriented structure meaning that client not geography comes first.

We get excited about offering our clients a diversified and innovative range of 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.

The Group generated premiums of EUR 19.4 billion in 2023 and serves clients in around 160 countries from its 35 offices worldwide.

In this role you will

Shape and drive SCOR's global PCR strategy , steering business planning, target setting, and portfolio optimisation across all regions.
Provide high-level underwriting leadership , ensuring rigorous discipline, consistency, and challenge across international teams.
Serve as a senior ambassador for SCOR , engaging confidently with top-tier market stakeholders, regulators, industry bodies, and major clients/brokers.
Act as the go-to escalation point for complex underwriting referrals and sophisticated international program structures.
Lead the evolution of global underwriting initiatives , strengthening programmatic and delegated underwriting frameworks.

Responsibilities

Leadership & Team Development

• Provide day-to-day functional leadership to underwriters in London and internationally, ensuring consistency of underwriting standards across regions.
• Mentor and coach junior and mid-level underwriters; contribute to training plans, capability uplift, and continuous improvement initiatives.
• Influence global underwriting culture by promoting strong technical standards, discipline, collaboration, and knowledge sharing.
• Support recruitment and development of underwriting staff when required.

Underwriting Leadership

• Lead the underwriting of complex, high-value risks, including bespoke structures, multi-market programs, and special acceptances.
• Approve (or recommend for approval) large and complex cases as delegated by the GLH.
• Ensure all underwriting decisions comply with SCOR's policies, guidelines, and regulatory requirements.
• Negotiate terms, pricing, and complex policy wordings; act as SCOR's senior representative in key negotiations.
• Support development and implementation of underwriting frameworks and risk appetite statements.

Portfolio Oversight & Strategic Governance

• Oversee portfolio risk metrics globally, identifying concentration, accumulation, emerging trends, and areas requiring strategic intervention.
• Shape portfolio strategy, working with the GLH and portfolio analysts to optimize risk-adjusted returns.
• Contribute to development of international business plans and market growth strategies (Europe, US, APAC).
• Lead portfolio reviews, thematic deep dives, and strategy papers for senior management.
• Ensure consistent implementation of underwriting policies across regions.

Market, Client & Broker Engagement

• Maintain and grow relationships with senior brokers, reinsurers, and multinational clients.
• Represent SCOR at international industry events, acting as a senior spokesperson for the PCR line.
• Identify new markets, product opportunities, and partnership models in support of global expansion strategies.
• Support origination and pipeline development for key strategic accounts.

Reporting & Global Coordination

• Prepare high-level reports, insights, and portfolio analyses for the GLH, Executive Management, and group functions.
• Coordinate with regional hubs (Paris, US, Singapore) to share insights and promote alignment.
• Work with the Head of Credit Risk Analysis to develop improved reporting tools and decision-making dashboards.
• Ensure SCOR meets international licensing requirements and internal audit expectations.

Stakeholder engagement

• Work with PCR head of credit risk analysis to design reporting procedures.
• Maintain and develop relationships with clients and brokers; travel as and when required to do so
• Attend marlet, broker and client hosted events
• Provide guidance and oversight to junior underwriters and the portfolio analyst.
• Initially, this role does not have reporting responsibilities, but these may emerge over time.

Leadership & Mentoring

• Provide guidance and oversight to junior underwriters and the portfolio analyst.
• Initially, this role does not have reporting responsibilities, but these may emerge over time.

Qualifications

We are ideally looking to speak with candidates who have the following experience and skills:

Experience

Essential

• Extensive experience in credit underwriting, portfolio management, or related roles.
• Demonstrable expertise in portfolio management, complex risk structuring, and international business.
• Deep understanding of credit risk, financial analysis, and counterparty assessment.
• Experience with complex credit structures, syndicated lending, or derivatives (as applicable).
• Proven underwriting skills including wording negotiation.
• Experience providing leadership/mentoring to underwriting teams.
• Strong market presence with established broker and client relationships.
• Experience of writing international business.
• Proven ability to shape underwriting strategy and drive portfolio profitability.

Desired

• Experience working across multiple jurisdictions (Europe, US, APAC).
• Previous involvement in regulatory discussions or industry committees.
• Experience presenting to reinsurers and senior external stakeholders.

Competencies

• Senior underwriting authority with advanced technical capability.
• Strong leadership, influencing, and cross-cultural collaboration skills.
• Strategic thinker with strong commercial acumen.

Essential

• Educated to A Level, or equivalent qualifications
• Relevant university degree, or equivalence

Desirable

• ACII Qualified
• Actuarial background or CFA Qualified

Why Join SCOR Business Solutions

SBS offers the opportunity to take a key leadership role within a global specialty underwriting business, working with a highly respected team, diverse international stakeholders, and a portfolio with significant strategic importance. This is an influential position with the ability to shape portfolio direction, underwriting standards, and global strategy.

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.