CDI - SGP&C - Retrocession Account Manager

Date: 27 sept. 2021

Lieu: Paris, FR

Entreprise: SCOR


Paris France (FR) 


CDI - SGP&C - Retrocession Account Manager 





          About SCOR         

SCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Using its experience and expertise, “The Art & Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – in Life & Health insurance as well as in P&C insurance. Our specialist teams operate in over 120 countries, developing value added and innovative products and services and making long-term commitments to their clients, namely insurers and large corporations.
SCOR's aim, as an independent global reinsurance company, is to develop its Life and P&C business lines, to provide its clients with a broad range of innovative reinsurance solutions and to pursue an underwriting policy founded on profitability, supported by effective risk management and a prudent investment policy, in order to offer its clients an optimum level of security, to create value for its shareholders, and to contribute to the welfare and resilience of Society by helping to protect insureds against the risks they face.


Merci de noter que ce descriptif est uniquement disponible en anglais


- Department

As an innovation booster, P&C Partners enables deals and provides services, which will ultimately enhance relationships with (end-)clients and strengthen SGPC positioning in the value chain. Within P&C Partners, the Retrocession Department is an integral part of the underwriting strategy of SGPC and ensure the protection of SCOR’s capital as well as providing underwriters with sufficient capacity.


- Job Summary

Within P&C Partners, and in relation with the other retro account managers, you will be responsible of running the assigned outwards reinsurance and retrocession programs for SGPC (primarily CAT covers). This involves:

  • actively contribute to the definition of the retrocession strategy and the design of the Programs for the segments assigned
  • Placing and managing programs
  • Market-facing duties with extensive relations with brokers and retrocesssionaires


- Key duties and responsibilities

Under the supervision of the Chief Retrocession Officer, the key responsibilities of the account manager are the following:

  • Establishing the retrocession strategy:
    • Creative force to understand SGPC underwriting needs and translate them in retrocession requirements
    • With the help of the retrocession CTO team, defining the best purchasing strategy under constraints
    • Liaise with all internal stakeholders: CUOs, SCOR P&C senior management, finance, risk management & accumulation team, internal modeling…
    • Liaise with external stakeholders: brokers and retrocessionaires


  • Placing program:
    • Preparing submission package: narrative, data and contract in liaison with contract wording colleagues  
    • Liaising with brokers and markets during placement
    • Lead placement until completion and follow-up on contracts


  • Follow-Up & marketing
    • Provide requested support to Finance for the administration of the contracts especially during quarterly closing
    • Lead reporting and evaluation of the placements
    • Conduct comprehensive and in-depth industry research and innovation (exposures, business strategy, players, tools, etc.)
    • Entertaining relations with brokers and markets related but not limited to placements: involve travelling and regular and relationship building


  • Miscellaneous
    • Contribute to the SCOR retro team market intelligence (gathering data on retro market development - Products/Solutions and Markets/Carriers) 
    • Perform in a fast-paced international environment
    • Help develop the reporting capabilities for third party capital offerings


- Required experience & competencies


  • Minimum 5 years’ experience including experience in underwriting and/or cat modeling
  • Knowledge of treaty and/or facultative reinsurance underwriting

Personal Competences:

  • Thorough understanding of portfolio underwriting, ILS and/or reinsurance market dynamics
  • Combination of strong quantitative/analytical skills, attention to detail and client focus
  • Demonstrated ability to manage multiple simultaneous projects & deadlines in a fast-paced, dynamic environment
  • Capability to interact with clients professionally and make a good impression
  • Strategic and creative thinking; distinguished written and oral communications skill - attention to detail in all materials
  • Strong team player

Managerial competences:

  • Leadership skills.
  • Co-ordinate objectives amongst multiple stakeholders.
  • Ability to handle multiple files concurrently.


- Required Education

University graduate with relevant insurance professional & business management qualification.


Contact RH : Anne-Sophie SARRET