SCOR Ventures – Associate, Job Description

SCOR Ventures Overview

SCOR Ventures is the venture capital arm of SCOR, responsible for both investing in and generating partnership opportunities with start-ups across the risk landscape. Since 2017 we have built a global portfolio across three theses: (1) tech-driven underwriting companies (MGAs, carriers) and distributors, (2) B2B software solutions that solve risk & benefit SCOR and/or our clients, and (3) companies that help people live healthier lives. Our stage preference is Seed through Series B. We are a global team of six from diverse backgrounds working asynchronously across time zones, coming together for team offsites, portfolio board meetings, and industry events.

Job Description

SCOR Ventures is hiring an Associate to help execute investments and share global start-up expertise both internally and with SCOR’s clients. The role will cover a wide range of aspects at the intersection of insurance, finance, technology, and innovation. The Associate will report to the Head of SCOR Ventures.

Responsibilities:

• Identify and analyze opportunities for investment or partnership. Typical reviews will include assessments of the business plan, valuation, market sizing, technology, regulatory and execution risks, etc.
• Work with SCOR’s teams in underwriting, pricing, operations, legal, and other functions to develop theses. Build and maintain robust internal and external networks.
• Be actively involved in the due diligence of new transactions and prepare internal documentation to support the decision-making process.
• Regularly meet with SCOR’s clients, including advising clients on trends and companies they may wish to partner with, as well as helping to manage client-facing projects in partnership with start-ups.
• Contribute to the monitoring and support of portfolio companies post-investment, including various ad-hoc analyses to support portfolio company decision-making.
• Support internal and external knowledge sharing efforts, including content creation for presentations and organizing industry events for colleagues and/or clients.
• Support various team operational needs, including managing materials for investment committee meetings, writing meeting summaries, helping to maintain the team’s start-up database, and preparing periodic internal reports on portfolio performance.

Desired Skills – Leadership

• Both strategic and technical mindsets; ability to synthesize, prioritize, and communicate complex concepts. Good “nose for value.”
• Exceptional cross-functional team skills. Ability to operate in “deal mode” and “project mode” by collaborating with business leaders, clients and partners.
• Willingness to be a thought leader to push your own thinking (and that of others) about what is or is not possible; you don’t wait to be told what to do or how to think.
• Professional demeanor to be able to present to, and build relationships with, senior executives at SCOR, at clients, and at partner companies or (prospective) portfolio companies.

Desired Skills – Technical

• Understanding with the VC investment process, ideally through direct experience in VC – valuation techniques, term sheets, contracts, etc., and ability to produce the same to support deals. Ability to understand the pros and cons of various investment structures and terms.