Description

Locations:Chicago, IL, US |New York, NY, US

Are you ready to dive into the exciting world of property reinsurance? Does unparalleled exposure to various industry classes and the opportunity to make significant underwriting decisions in a collaborative, empowered environment resonate with you? If so, come join our dynamic Property Single Risk team where you'll analyze diverse risks across numerous industries, develop creative solutions, and build meaningful relationships with clients and brokers.

About the Role

As a Property Facultative Underwriter, you'll be at the forefront of evaluating and underwriting property accounts across various industries. You'll leverage sophisticated modeling tools and your expertise to create tailored reinsurance solutions that meet client needs while optimizing our portfolio performance.

Key Responsibilities include:

• Assess and underwrite risks for a wide range of industries, such as offices, schools, public entities, manufacturing, warehousing, and other sectors within the SME and Middle Market segments.
• Exercise sound judgment in a collaborative environment, interacting directly with clients to resolve insurance needs while improving our facultative portfolio
• Manage portfolio risk with support from data-driven tools that provide clarity on exposure aggregations and pricing metrics
• Build and nurture relationships with internal and external business partners, engaging clients to understand and meet their specific needs
• Develop marketing strategies in collaboration with colleagues, building key relationships in your region while expanding into broader national and international channels
• Coordinate business strategy across a diverse national customer and broker network
• Drive efficiency improvements by optimizing existing processes and implementing new tools

About the Team

The Property Facultative team underwrites all commercial property accounts in the US via both broker and direct channels. This is an exciting opportunity to work with a diverse group of clients in a channel neutral environment! Out team allows underwriters to grow and expand their knowledge across all industry classes, insurance perils, and layer structures, including both proportional and non-proportional placements. We analyze risk using state of the art proprietary modeling tools for both fire and natural catastrophe exposures to develop creative reinsurance solutions based on clients' needs.

About You

You're an analytical thinker with strong decision-making abilities who thrives in a collaborative environment. Your communication skills allow you to build effective relationships with clients and colleagues alike, while your technical expertise enables you to evaluate complex risks and develop innovative solutions.

Additional requirements include:

• 6-10 years of single risk underwriting experience in either primary or reinsurance markets
• Working knowledge of insurance modeling and conceptual understanding of rating tools and underwriting systems
• Experience with the U.S. property insurance market
• Bachelor's Degree, concentration in Risk Management is a plus
• Decision-making skills

Additional nice to haves:

• Ability to work independently or within a team environment as needs arise
• Positive demeanor with a high degree of motivation and proven collaborative behavior
• Flexibility for occasional travel as needed

Our company has a hybrid work model where the expectation is that you will be in the office three days per week. This role is not eligible for either relocation assistance or visa sponsorship.

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. 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.

If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

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.

We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.

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Reference Code: 137603

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