SVP - Lead Underwriter, Construction, Cedant Facultative Reinsurance

Within this role, you are responsible for SCORs facultative construction reinsurance offering, across the United States, developing and strengthening relationships with cedants and brokers and collaborating internally with peers and counterparts in the global SCOR organisation.

As a lead underwriter for construction, you will drive the strategic engagement for our business development, including business origination and maintenance of the SCOR facultative offering to cedants and brokers , in the region.

You play a key role in the achievement of the plan, and for the profitability of the cedant facultative transactions in the US being part of the success of the underwriting team within the region. Your plan contributions form part of the regional and global cedant facultative ambition and is achieved through sound technical and profitable underwriting.

These goals require experienced underwriting and commercial skills to develop SCOR’s market share and leadership position across facultative reinsurance.

Key duties and responsibilities

Strategic Client Engagement – Support the development & delivery of the regional facultative strategy across your line of business through the origination of placements in line with capacity and risk appetite requirements

Team Collaboration – Create strong, collaborative relationships with reinsurance & insurance leaders to drive the creation of profitable business, and ensuring SCOR is represented in an aligned manner to our clients

Market Negotiation - Negotiate terms, pricing and conditions to secure and provide the best possible facultative reinsurance solutions

Portfolio Optimisation - Manage and renew an existing portfolio of facultative deals currently in place, assessing placements against our risk profile, identify exposures and optimize capacity allocation

Analytics Discovery - Collaborate with analytics and risk modelling teams to determine optional facultative reinsurance needs based on exposure and loss scenarios

Client Management - Maintain relationships with cedants and brokers, showcasing our position in the market, and additional value provided through our expertise

Operational Excellence – Adequate deal documentation, including reporting, reserving and claims settlements in conjunction with the relevant departments

Compliance - Ensure facultative placements meeting internal governance, compliance and regulatory requirements, along with the Internal Control Systems and guidelines within the region

New Market Ideation – Stay informed on market developments, pricing shifts, and capacity changes, to optimise facultative offerings, timing and portfolio management

Required experience & competencies

Degree in insurance, risk management, math, engineering or science

Minimum of 12 years of relevant industry experience in U.S. facultative construction underwriting

Deep expertise in construction lines, strong command of technical risk assessment, pricing, U.S. regulatory requirements, and market best practices

Proven proficiency in both experience‑based and exposure‑based rating methodologies for facultative construction business

Extensive experience building, managing, and steering a book of business through market cycles

Pricing and managing facultative facilities

Broad understanding of value creation, end‑to‑end underwriting processes, and related actuarial, accounting, legal, and regulatory considerations

Demonstrated effectiveness working within matrixed organizations and fast‑evolving international environments

Agile work style with a bias for action

Leadership experience, including managing and developing teams

Strong team orientation and collaborative mindset

Well‑established relationships with key broking and cedant partners in the…