LEAD UNDERWRITER, CEDANT FAC. REINSURANCE PER774

Scor


About the Role SCOR has created a new Facultative Reinsurance team to further our success in this market. While Facultative underwriting is not new to us, our focused approach will help secure our position as a market leader. This role begins by creating a book of business in collaboration with the wider Insurance and Reinsurance teams. You are responsible for SCOR's Facultative Reinsurance offering across LATAM - Construction, developing relationships with clients and our underwriters. Key Responsibilities Drive strategic engagement for our business development, including business origination and maintenance of the SCOR Cedent Facultative offering to clients and brokers in the region. Contribute to the achievement of the Plan and profitability of the Cedent Facultative transactions in your regional line of business. Enhance SCOR's market share and leadership position across Cedent Facultative Reinsurance through efficient and innovative support of client needs. Responsibilities - Strategic Client Engagement: Lead the regional facultative ceding strategy across all lines of business through the origination of placements in line with capacity and risk appetite. - Team Collaboration: Create strong, collaborative relationships with internal Reinsurance & Insurance leaders to drive the creation of profitable business, ensuring SCOR is represented in an aligned manner to our clients. - Market Negotiation: Negotiate terms, pricing and conditions with global reinsurers and brokers to secure and provide the best possible facultative reinsurance solutions, managing and prioritising facultative submissions. - Portfolio Optimisation: Manage and renew an existing portfolio of facultative deals currently in place, assessing placements against our risk profile to identify exposures. - Accumulations Management: Monitor accumulation risk and ensure facultative solutions align with aggregate and catastrophe management strategies. - Analytics Discovery: Collaborate with analytics and risk modelling teams to determine retrocession needs based on exposure and loss scenarios. - 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 facultative placements meeting internal governance, compliance and regulatory requirements, firmly within our Internal Control Systems process and Guidelines within the region. - New Market Ideation: Stay informed on global reinsurance market developments, pricing shifts, and capacity changes, using this market intelligence to optimise facultative products, timing and structure. Qualifications - Industry experience in facultative underwriting in an international environment. - Comprehensive technical knowledge of subjects associated to facultative underwriting as well as a wider awareness of related actuary, accounting, legal, & regulatory topics. Cycle Management – Manages underwriting decisions and relationships around the markets' cyclical nature; able to flex mindset around underwriting strategy, capacity management, portfolio management and long-term partnerships to achieve successful and profitable underwriting decisions. Commercial Business Acumen – The ability to negotiate profitable business with a structure that works for both client and SCOR. Be the

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