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About the Role
As a Senior Property Treaty Underwriter, you will evaluate risk, drive decisions, and shape the future of our UKI & London Market property reinsurance business. You will be a key client and broker contact, combining technical expertise with relationship excellence.
Responsibilities
- Underwrite new and renewal Property treaty business within the UKI & London Market portfolio, ensuring decisions align with company guidelines and appetite.
- Review reinsurance submissions and documentation to determine eligibility, assess risk factors, and evaluate overall portfolio fit.
- Analyse underwriting data using proprietary tools, including loss history, exposure data, financial statements, and market trends, to make informed bind or decline decisions.
- Calculate and negotiate appropriate premiums based on thorough risk assessment, balancing competitiveness with portfolio sustainability.
- Build and manage relationships with clients and brokers, serving as a trusted and knowledgeable point of contact.
- Collaborate with internal stakeholders including Client Management, Claims & Reserving, Solutions, and Transactions teams to deliver integrated, client-focused outcomes.
- Contribute to portfolio steering and appetite refinement, supporting the maintenance of a sustainable, resilient, and profitable book of business.
Requirements
- 5+ years of experience in Property Reinsurance, with a demonstrable track record of underwriting treaty business.
- Deep understanding of the UK and Ireland Property insurance and reinsurance markets, including market dynamics, key players, and regulatory context.
- Proficient knowledge of (re)insurance contract wordings, with the ability to interpret, negotiate, and apply them effectively.
- Strong analytical capability, with experience using data including loss history, exposure data, and financial statements to drive underwriting decisions.
- Proven ability to build and maintain valuable relationships with external partners, brokers, and clients.
Skills
- Technical expertise
- Relationship excellence
- Analytical capability
- Problem-solving aptitude
- Creative and innovative approach
Location
- London
- Zurich
Work Type
- Hybrid
Experience Level
- Senior
Education Level
- University degree or equivalent qualification in a relevant discipline
Salary/Compensations
- 112,000 GBP - 168,000 GBP
Benefits
- Attractive performance-based variable compensation component
- Variety of global and location specific benefits
About the Company
- 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 15,000 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.
- We encourage experienced professionals returning to the workforce after a career break to apply for open positions that match their skills and experience.
- We may use AI-powered tools to support the review and evaluation of applications for this position.
Equal Opportunity
- 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.