VP, Structurer - Financial Solutions

The position serves will take a key role in designing and executing financial solutions transactions that address the capital needs of insurance companies, both long term (inforce transactions) and short/intermediate term (remote risk). This person will focus on deal structuring/negotiations, internal approvals, deal execution, and new solution development, as well as supporting transaction origination. This position requires the individual to be innovative and experienced with a high level of financial, actuarial and reinsurance skills. Prior modeling experience is preferred, to review and problem-solve the contributions of other team members.

Origination support:

• Collaborate to help US traditional market team source, market, and design client solutions.
• Attend and participate in industry and client events.
• Identify, design and present client-specific FinSol solutions

Deal execution : own or support the end-to-end process:

• Transaction origination (RFP receipt or bilateral discussion)
• Analyze opportunity and forming solution – includes deal structure, overseeing transaction analysis, initial pricing
• Obtain internal transaction approvals (drafting leading review process and LCT/COMEX discussion)
• Lead due diligence, support treaty drafting and lead/support negotiation, as applicable
• Help coordinate post-close transition

Product Development: help design new solutions by:

• Identifying client needs via marketing actuaries and other industry sources
• Learn and keep abreast of regulatory changes
• Gain necessary product knowledge to develop viable solutions, which may include working with internal SME, hiring consultants, and modelling/accounting research
• Help map the best path forward to get internal acceptability

• Bachelor’s degree or higher
• FSA, designation preferred
• 10 yrs experience in (re)/insurance, ideally with exposure to product development
• Knowledge of statutory accounting
• Ability to lead large, complex projects and transactions
• Ability to build and retain team dynamic, while taking a broader company view
• Attention to detail, while maintaining the “big picture”
• Transactional experience a plus
• Document review a plus
Presentation and client facing skills

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 role: $161,000-$218,000 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.

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.