We are looking for graduates with strong interpersonal skills, who are eager to learn and broaden their knowledge and expertise. You have a Bachelor, Master or PhD degree with up to 3 years professional experience – we invite you to apply to our graduates@swissre programme 2022.
The program offers you the chance to join the dynamic, fast paced world of a leading risk knowledge organisation. Over an 18-month period, you’ll receive on-and-off-the-job training, including a job rotation that gives you the opportunity to work across different business units.
About the Role
A Property Treaty Underwriter at Swiss Re is responsible for the underwriting and pricing assessment of large portfolios of risk written by our primary insurance company clients. Reinsurance underwriters working in the North America Property team have a broad range of responsibilities that include the qualitative analysis of an insurance company's operations, actuarial work associated with pricing a treaty, insurance market research to stay abreast of industry trends, and investment in scientific, meteorological, and engineering knowledge related to natural and man made catastrophes. The role is wide ranging and offers an opportunity to work with our insurance company partners of all sizes across the United States.
Specifically, this role will:
Underwrite and price property reinsurance treaties within the North American market through broker and direct channels with support from senior underwriters and actuaries
Use actuarial methods to experience and exposure rate property treaties
Develop structuring skills to assess appropriate reinsurance structures tailored to meet a client's needs and in line with our risk appetite.
Review reinsurance treaty contracts, ensuring adherence to Swiss Re underwriting standards.
Accompany senior underwriters at client and broker meetings including underwriting audits
Work in cross functional teams to provide value added services and solutions to our clients
Some travel will be required
About the Team
This role is a part of the North America Property Treaty team. Located throughout the United States and Canada, this team is responsible for developing Swiss Re's property treaty reinsurance strategy for North America and implementation of that strategy through underwriting, pricing, and portfolio steering. The team is made up of highly skilled underwriters, actuaries, and catastrophe modelers of all backgrounds who work in close collaboration the Client Markets, Claims, Accounting, Reserving, Business Services, and Solutions teams. This team has a passion for personal and professional development and work hard during peak renewal periods to serve our clients.
Successfully completed university degree, preferably with studies in insurance, engineering or a quantitative subject (math, actuarial science, finance)
Strong interest in/motivation to learn about insurance/reinsurance
Strong analytical skills and can focus on details without losing track of the bigger picture.
Demonstrated ability to clearly communicate complex details in an easy to understand manner.
Innovative, showing a high degree of own initiative
Collaborative, demonstrating a strong desire to work with and learn from others, and share those lessons across the team, while also being able to work independently and proactively.
Ability and enthusiasm to work in a global and multicultural environment
Aptitude to express themselves effectively in one-on-one conversations and small groups
Mature & self-confident; Able to work with clients, business partners and senior colleagues
Excellent oral and written English skills
Strong proficiency in Microsoft Excel. Experience with Microsoft Access or basic common coding skills are preferred.
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.