What are the responsibilities and job description for the Assistant Casualty Underwriter position at SCOR?
Job Description
This Underwriting trainee role allows for hands on learning of reinsurance treaty underwriting for both casualty and professional lines. The individual is expected to complete the CPCU and ARe designations as well as other necessary trainings to gain a solid foundation of both insurance and reinsurance. The US Casualty Treaty team works extremely collaboratively and therefore, collaboration and effective communication is key for success.
The individual will be expected to support the US Casualty treaty underwriter and the leadership team throughout both renewal and new business. Project work, along with broker and client engagement is essential for the overall success of the team and for the growth of the trainee.
This position will include mentorship both within the team as well as formally, through an assigned mentor within SCOR. We are a hybrid work environment with the expectation of three days in the office, per week. The individual will be expected to travel for client meetings as well as industry events.
Lastly, the candidate should recognize themselves in the values of our organization :
- We CARE about clients, people and societies
- We perform with INTEGRITY
- We act with COURAGE
- We encourage OPEN MINDS
- We thrive through COLLABORATION
Responsibilities
This position will include mentorship from the underwriting team as well as an assigned mentor within the broader SCOR group.
The focus of this role will be as follows :
Qualifications
Hybrid Work Policy : SCOR is committed to an "in-office" culture where people can collaborate, exchange ideas, and establish stronger working relationships while still 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.
Pay Range for roles performed in New York : $75,000-$80,000 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."
Pay Range for roles performed in Illinois : $70,000-$75,000 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.
Salary : $70,000 - $75,000