As 1st tier reinsurer SCOR is providing our clients in India a diversified and innovative range of solutions and services to control and manage risk A long-term focus reliable P C reinsurance partnership has been established with ceding companies over the years in India SCOR SE India Branch as regulatory Foreign Reinsurance Branch FRB covering almost all business lines to serve 20 ceding clients locally Cutting-edge business solutions are always being targeted by SCOR to provide in all areas related to the risk positioning ourselves as one of the global leading reinsurers with strong technical expertise to expand and diversify our portfolio in a profitable way SCOR s CSPR Specialty Department The CSPR Underwriting team is comprised of 14 Underwriters and 1 CSPR Analyst located in Paris Zurich Miami New-York Singapore Mumbai Beijing and Hong Kong and manages and supervises a portfolio which is generating about EUR 700mln of premium income Its markets are divided between the Americas EMEA and Asia-Pacific The Asia-Pacific region is contributing around 20 of SCOR s CSPR premium income and is serviced out of Singapore Regional Hub Mumbai Beijing and Hong Kong In the Indian market SCOR CSPR is in a leading market position Our clients include institutions that specialized in offering export credit insurance to companies for the risk of payment default and insolvency on their buyers financial difficulties or political risks in the buyers country e g currency inconvertibility embargos civil unrest etc SCOR also reinsures Surety companies that offer guarantees for the completion of commitments under Contract Bond e g obligation to perform a construction contract The proportion of Credit Surety and Single Political Risk business for the Asia-Pacific portfolio are around 87 9 and 4 respectively and the main type of Reinsurance is via treaty business but also on facultative basis The team has embarked on launching digitized Trade Credit Insurance solutions with the main purpose to increase the penetration rate on SME MSMEs further enabling and growing global trade Mission As a team member of the Credit Surety Political Risks CSPR Specialty team and in relation to the India Market To negotiate underwrite and manage the business of reinsurance of trade credit and Surety Contribute to the development of partnership and new business opportunities with Cedents where SCOR is a go-to Reinsurer Perform study and research on industry sector and country for the purpose of knowledge sharing within SCOR and Cedents Support the CSPR APAC team in managing specific portfolio outside of India and in client engagement activities Contribute to the development of digital Trade Credit Insurance programs and initiatives in India and the Asia-Pacific region As member of the India Reinsurance team which is led by the Head of P C India Work closely with the P C team to plan and execute the validated UW plan as part of the CSPR India UW plan Leverage the internal know-how expertise to differentiate our value proposition for selected clients in India Stay abreast of market developments in his her area of responsibility and share his her insights with the team Responsibilities Under the authority of the CSPR Department your responsibilities include CSPR Specialty Reinsurance India - 1 Key responsibilities Understand and embed SCOR values in your behaviour - care about clients people and societies perform with integrity act with courage encourage open minds and thrive through collaboration Build and nurture quality business relationships with our clients to advise on the terms and conditions of insurance and reinsurance general conditions prices provide technical advice on commercial and risk underwriting monitor the in-force business and claims recovery Assess negotiate and underwrite the offers from new business prospects with risk portfolio analysis on the financial sector and country review product offering and policy wording and perform analysis on the historical data for the selection and pricing of re- insurance Review each special acceptance requests or facultative requests with risk assessment and due diligence to provide recommendation agree decline which is supported by the reasons from the review Conduct statistical and technical studies within your geographical area of responsibility to keep abreast of the industry and market trends To share these studies with clients and various stakeholders Promote and establish this line of business with the P C colleagues to increase our influence and relevance in the market through seminars conferences and workshops Identify potential client market product opportunities by reviewing and underwriting the facultative requests Conduct periodic portfolio audit and review of the Bordereaux with clients for a better and thorough evaluation of their underwriting approach technical expertise buyer risk analysis and pending claims analysis Identify gaps and develop plans to support clients development and growth Provide support in managing the portfolio and business relationship that are outside of India and specifically in South Asia and Australia 2 Secondary responsibilities Initiate and lead in the development of projects under Trade Credit Insurance digital programs with selective partners clients and business teams Manage the progress of the project with partners and stakeholders with accountability in project documentation deadlines budget and approval To provide timely report to management Keep abreast of digital market product development and regulatory changes to remain as the frontrunner in this field Use this information to assess new growth area and strategic planning Share knowledge and guide CSPR Specialty and P C Underwriting colleagues on similar initiatives outside Asia-Pacific Contribute local experience and expertise to client engagement activities including campus workshop or training Required experience competencies Bachelor s Degree ideally in economics finance banking risk management or mathematics At least 5 years in direct and or re-insurance that are associated to Trade Credit insurance Surety Bank Corporate Lending Trade finance Supply Chain finance Project finance Factoring and or Receivable Discounting Strong attention to detail has excellent interpersonal and communication skills and is team oriented Willing to travel in the region Fluency in English as well as Hindi orally and written is essential As a leading global reinsurer SCOR offers its clients a diversified and creative 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