Swiss Re

Senior Property Treaty Underwriter

Swiss Re Schaumburg, IL

About The Role

Are you a highly motivated individual looking for an outstanding professional opportunity? Then look no further and join our team spread across the US.

The role focuses on our global Reinsurance Property Treaty business, with particular emphasis on the Americas region. In this role, you will be the go-to person for Property-specific underwriting topics that require expert insight, to keep our exposure within the company's risk appetite, and you will interact with many internal and external stakeholders from different functions. The role also involves strong business acumen.

In This Role, You Will

  • Shape Swiss Re's position on critical coverage aspects in Reinsurance Property
  • Provide expert perspectives and guidance to underwriters on emerging opportunities and challenges related to primary and reinsurance coverages
  • Support client and broker interaction on relevant underwriting topics or coverage needs at the fringes of Swiss Re's risk appetite
  • Handle underwriting referrals to Property Treaty Centre and Property CUO
  • Maintain and refine Swiss Re's Property Treaty Underwriting Standards
  • Work on strategic underwriting projects related to our risk appetite
  • Coach and train Swiss Re's Property underwriting community

About The Team

We are an experienced and business-focused team with 7 members located in several offices across the world. The team is hosted in the Reinsurance Property CUO unit and has three areas of responsibility: (1) Maintain actuarial models and support costing of complex business, (2) shape Swiss Re's position on critical underwriting topics and handle referrals, and (3) steer the portfolio including smartly allocating underwriting capacity. Ultimately; we, ensure that the P&C Reinsurance Business Unit builds a resilient Property Treaty portfolio. We proactively steer the dialogue on underwriting topics that require a global view.

Experience

About you

  • Excellent understanding of US Property re/insurance market and ideally global experience from working in other geographies and multiple client segments
  • Profound end-to-end underwriting expertise spanning exposure assessment, modelling, costing, reinsurance coverage, contracts drafting and negotiation
  • Ability to effectively engage senior stakeholders
  • Languages: proficient in English (written and spoken), Spanish is a plus

Interpersonal Skills

  • Strong communication and influencing skills
  • Ability to present ideas and challenge status quo with confidence
  • Positive attitude, empathetic and collaborative

Working style

  • Open and curious, quick-minded, creative
  • Pragmatic and outcome-oriented
  • Well-organized and resilient
  • Attention to detail without losing sight of the big picture
  • Great teammate with a high degree of personal accountability

For Armonk, NY and New York City, the estimated base salary range for this position is $156,000 to $246,000. The specific salary offered for this, or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget. At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.

About Swiss Re

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.

During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.

Keywords

Reference Code: 129919
  • Seniority level

    Not Applicable
  • Employment type

    Full-time
  • Job function

    Finance and Sales
  • Industries

    Insurance

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