Senior Property Treaty Underwriter, US Globals

We are looking for a Senior Property Treaty Underwriter to underwrite, cost, and strategically develop a portfolio of U.S.-based global property treaty business with our largest clients. This role offers a unique opportunity to influence high-impact reinsurance strategies, contribute thought leadership, and collaborate across a dynamic, cross-functional environment.

About the Role

The role combines technical treaty underwriting expertise, actuarial analysis, portfolio steering, and market-facing leadership, with a strong focus on risk quality, capital efficiency, and long-term profitability across the reinsurance cycle. You will collaborate closely with internal and external stakeholders—including clients, brokers, actuaries, client managers, reserving teams, and senior leadership—to evaluate individual treaties, steer client portfolios, and negotiate price and terms while shaping market dynamics.

Responsibilities

• Underwrite U.S. Global Property Treaty business across catastrophe and non-catastrophe structures, including quota share, excess of loss, and aggregate covers, applying sound underwriting judgment and technical analysis.
• Analyze treaty submissions using exposure data, catastrophe modeling outputs, pricing frameworks, and qualitative risk assessment to ensure alignment with risk appetite and develop robust loss picks.
• Assess cedant performance, portfolio composition, underwriting philosophy, and risk controls, and structure treaties (limits, attachments, reinstatements, and T&Cs) to appropriately balance risk and return.
• Review contract and policy language to ensure compliance with underwriting guidelines and consistency with intended risk transfer.
• Act as a trusted underwriting partner and visible market representative, fostering strong relationships, disciplined risk selection, and a collaborative, solution-oriented team culture.
• Mentor and coach junior underwriters to build necessary skills to support our clients and manage market cycles.

About the Team

The US Globals and Canada Property CUO desk plays a pivotal role in evaluating some of Swiss Re’s most complex and strategically important property treaties, both in terms of underlying exposures and innovative deal structures. Our US Globals clients include some of the largest and most sophisticated carriers worldwide, and our remit spans US commercial and personal lines, as well as international exposures. The team integrates seasoned underwriters and actuaries who collaborate to deliver highly tailored, data-driven solutions for clients. We embrace complexity, champion innovation, and consistently set high standards for excellence within the Property CUO organization.

Requirements

• Minimum 7+ years of experience in a reinsurance or primary underwriting, portfolio management, or pricing function (property experience a plus).
• Strong understanding of (re)insurance underwriting, property market dynamics, and key strategic drivers influencing insurer performance.
• Bachelor’s degree required.
• Proven ability to distill and communicate complex analyses to executive-level stakeholders internally and externally.
• Demonstrated ability to build strong relationships and work collaboratively within multi-disciplinary teams across geographies.
• Strong ability to incorporate market intelligence and forward-looking views into underwriting and pricing recommendations.
• Limited travel required, mostly across the U.S., primarily for client engagement.

Benefits

Our company uses a hybrid work model requiring at least three days in the office each week, with the option to work onsite full-time if preferred. This position is not eligible for full-time telework or visa sponsorship.

Pay

The estimated base salary range for this position in Schaumburg is $156,000 to $234,000 and in Armonk, NY and New York, NY is $164,000 to $246,000. 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. Swiss Re takes a "total compensation approach" when making compensation decisions, considering all components of compensation in their totality (such as base pay, short- and long-term incentives, and benefits offered).

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 15,000 employees across the world. Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking.