Head of Credit, Surety, Political Risks

The role is to lead the Reinsurance Specialty Lines CSPR underwriting function, comprising a globally distributed team of approximately 17 professionals across North America, Latin America, Europe and Asia-Pacific. The jobholder is responsible for the global CSPR treaty portfolio, its underwriting performance, strategic development and execution of the CSPR business plan.

CSPR is one of the largest and most strategically important Reinsurance Specialty Lines, encompassing Trade Credit, Surety, Structured Credit, Mortgage and Political Risks. The portfolio represents approximately EUR 700 million of premium and is subject to enhanced oversight due to its size, complexity, accumulation profile and sensitivity to macroeconomic and financial market developments.

The role is ideally based in Zurich, currently the home office of three CSPR underwriters, although the Head of Department may be located in another city where SCOR has a significant presence.

The Head of CSPR is responsible for the strategic direction, underwriting performance, profitability, capital deployment and accumulation management of the global CSPR treaty portfolio. The role leads a globally distributed organisation across North America, Latin America, Europe and Asia-Pacific and works closely with senior management, Risk Management, Finance, Pricing, Retrocession and the CUO Office to ensure disciplined portfolio management and sustainable value creation.

Due to the portfolio's size, accumulation profile and exposure to economic, credit and financial market developments, the role requires regular engagement with senior management and close coordination with Risk Management, Finance, Pricing and Retrocession functions.

The jobholder possesses deep expertise in the CSPR line of business, provides strategic direction and leadership to the Reinsurance Specialty Lines CSPR department, and operates effectively in a complex multicultural environment.

The jobholder is a member of the Reinsurance Specialty Lines Management team.

Leadership & Values

The jobholder is expected to act as a role model for SCOR's values, demonstrating Care, Integrity, Courage, Open Minds and Collaboration, while fostering an inclusive, high-performing and client-focused culture across the global CSPR community.

 

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.