Head of Underwriting Strategy & Performance - SBS & Fac

We are seeking a driven and analytical individual to help us enhance underwriting performance (gross and net), strengthen portfolio diversification, and reduce volatility, whilst navigating a softening market.

The role will act as a Business Partner to the CUO and a trusted advisor to the broader underwriting leadership team.

The Head of Underwriting Strategy & Performance will also support coordination of cross-functional initiatives involving underwriting, pricing, claims, actuarial, exposure management and reinsurance teams, support strategic planning, business reviews and Board / Executive Committee presentations

Key Responsibilities:

1. Improve underwriting net profitability & Portfolio Balance

• Analyse underwriting performance to identify areas for improvement and profitability enhancement.

• Help optimize reinsurance purchasing and efficient line size deployment

• Support pricing and underwriting teams with data-driven insights for risk selection.

• Help define portfolio positioning throughout the market cycle, including expansion, preservation and remediation strategies for individual lines of business.

• Support in achieving right portfolio composition and balance

2. Performance monitoring & Portfolio Steering

Support the CUO in:

• Owning and continuously enhancing the underwriting performance framework. 

• Coordinating performance reviews and support the ongoing development of Underwriting Committees. 

• Collaborating in developing Key Performance Indicators and tolerances to identify emerging risks and opportunities. 

• Working with underwriting teams to ensure agreed actions are implemented and their impact measured

3. Strategic Projects & innovations

• Partner with data, actuarial and pricing teams to design and develop the analytical tools, dashboards and capabilities required to support underwriting performance management, portfolio steering and SCOR's market positioning

• Collaborate with underwriting and leadership teams to ensure data-driven decision-making in fluctuating market conditions.

• Support the strategic initiatives which directly impact and further SBS and CF ambitions, as we enter a new strategic cycle (e.g. Augmented underwriting, Algorithmic underwriting etc.)

 Required experience & competencies

• Actuarial background is an advantage, but not a must
• Experience in insurance and underwriting
• Proven track record of applying commercial acumen for concrete business outcomes
• Strong numeric skills and ability to interpret complex data, analysis
• Highly organised with strong project management skills and the ability to manage multiple priorities simultaneously.
• Good team player, ability to develop network, internally and externally
• Ability to interact with stakeholders both locally in London and globally in a multicultural environment

Required Education 

• University Degree 

• Insurance or financial-related studies