Jobs · Finance · Texas

Senior International Property Underwriter - Chicago / Houston / Dallas

Swiss Re · Houston, TX · 1 mo ago
Finance$156k–$234k/yrFull-time

Our Property Team is seeking an international property underwriter with recognized experience and visibility in the Chicago Commercial Property insurance market and a proven track record in underwriting both global and domestic large, enterprise-sized corporations.

Responsibilities

  • Manage a portfolio of accounts including fronted global property programs
  • Analyze and underwrite exposures including Natural Catastrophe hazards
  • Assess technical insurability regarding exposures and coverages on new offer and renewal submissions
  • Prepare quotations, structure programs, and offer proposals in accordance with guidelines
  • Use Swiss Re tools and systems for the development of terms and conditions
  • Enter and maintain risk information into the various information systems and administer the accounts
  • Establish and maintain a book of business as well as marketing and originating prospects
  • Coach less experienced underwriters when necessary
  • Lead internal (technical/organizational) and/or external (market/client development) projects
  • Represent Swiss Re in meetings with clients, brokers, and other Swiss Re Group entities
  • Build and maintain strong relationships with brokers, clients, and team members
  • Perform technical analysis of manmade and Nat Cat property exposures as well as policy terms and pricing metrics
  • Structure capacity deployment and negotiate key terms that align with our underwriting strategy

About the Team

We are a diverse and inclusive team that works well in a collaborative environment while fostering and developing independent thought. Our team works with brokers situated in the Central Region of the United States. North American Retail Property is a foundational line of business for SwissRe Corporate Solutions that is at the core of our strong brand. Risk transfer solutions offered through this channel vary from ground up quota share, shared and layered, and single carrier placements. This team also works with our alternative risk transfer group to structure innovative and unique solutions for our clients and brokers.

Requirements

  • Minimum of 4-10 years' experience as an underwriter (of medium to large corporate accounts)
  • Experience in the structuring and fronting of global programs preferred
  • Experience working with Captives a plus
  • Knowledge of complex shared and layered program structures as well as 100% Single Carrier business
  • Skills working across diverse occupancies including heavy manufacturing preferred
  • In-depth knowledge of insurance and commercial property underwriting in the central region
  • Proficiency in the use of underwriting tools, applications, and guidelines
  • Strong broker and client network in the local region
  • Solid experience and understanding of Nat Cat and man-made risk management and loss prevention
  • Negotiating skills and the ability to handle multiple deals in parallel

Skills

  • Strong communicator, able to build partnerships with external customers and internal co-workers
  • Initiative-taker, with the ability to thrive in a dynamic, team-focused environment, and deliver on tight deadlines
  • Strong negotiator, results-oriented, and takes responsibility for decisions

Schedule

This role follows a hybrid work model with an expectation of being in the office three days per week. Some travel within the region, including air travel, for client/broker meetings will be required.

Pay

The estimated base salary range for the Senior Underwriter level is $156,000 to $234,000. The specific salary offered will take into account factors including but not limited to job location, scope of role, qualifications, complexity, specialization/scarcity of talent, experience, education, and employer budget.

About Swiss Re Corporate Solutions

Swiss Re is one of the world’s leading providers of reinsurance, insurance, and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime. Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.

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