Underwriter Property General - CorSo
Our Property Team is seeking a property underwriter with recognized experience and visibility in the Commercial Property insurance market and a proven track record in underwriting both global and domestic large, enterprise-sized corporations.
About the Role
This role involves managing a portfolio of accounts, analyzing and underwriting exposures, and assessing technical insurability for new and renewal submissions. You will prepare quotations, structure programs, and use Swiss Re tools to develop terms and conditions.
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 various information systems and administer 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 collaborates effectively while fostering independent thought. Our team works with brokers in the Central Region of the United States. North American Retail Property is a foundational line of business for SwissRe Corporate Solutions, offering risk transfer solutions such as ground-up quota share, shared and layered, and single carrier placements. We also collaborate with our alternative risk transfer group to structure innovative solutions for clients and brokers.
Requirements
- Minimum of 4-10 years' experience as an underwriter of medium to large corporate accounts
- Experience in structuring and fronting 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
- Strong negotiating skills and the ability to handle multiple deals in parallel
Skills
- Strong communicator with the ability to build partnerships with external customers and internal co-workers
- Initiative-taker, able to thrive in a dynamic, team-focused environment and deliver on tight deadlines
- Strong negotiator and results-oriented, taking responsibility for decisions
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 such as job location, scope of role, qualifications, complexity, specialization, experience, education, and employer budget.
Schedule
Swiss Re has a hybrid work model where the expectation is that you will be in the office three days per week. Some travel within the region, including air travel, for client/broker meetings will be required.
This role could be located in our Chicago, IL, Houston, TX, or Dallas, TX offices.
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, offering innovative insurance solutions to large and midsized multinational corporations from approximately 50 locations worldwide. We help clients mitigate risk exposure while providing industry-leading claims service.