Senior Property Facultative Underwriter
Role Overview
As a Senior Property Facultative Underwriter, you'll be at the forefront of evaluating and underwriting property accounts across various industries. You'll leverage sophisticated modeling tools and your expertise to create tailored reinsurance solutions that meet client needs while optimizing our portfolio performance.
Key Responsibilities include:
Assess and underwrite risks for a wide range of industries, such as offices, schools, public entities, manufacturing, warehousing, and other sectors within the SME and Middle Market segments.
Exercise sound judgment in a collaborative environment, interacting directly with clients to resolve insurance needs while improving our facultative portfolio
Manage portfolio risk with support from data-driven tools that provide clarity on exposure aggregations and pricing metrics
Build and nurture relationships with internal and external business partners, engaging clients to understand and meet their specific needs
Develop marketing strategies in collaboration with colleagues, building key relationships in your region while expanding into broader national and international channels
Lead execution of business strategy across a diverse national customer and broker network
Drive efficiency improvements by optimizing existing processes and implementing new tools
Key Skills for This Role
Full Job Posting
About the Role
As a Senior Property Facultative Underwriter, you'll be at the forefront of evaluating and underwriting property accounts across various industries. You'll leverage sophisticated modeling tools and your expertise to create tailored reinsurance solutions that meet client needs while optimizing our portfolio performance.
Key Responsibilities include:
Assess and underwrite risks for a wide range of industries, such as offices, schools, public entities, manufacturing, warehousing, and other sectors within the SME and Middle Market segments.
Exercise sound judgment in a collaborative environment, interacting directly with clients to resolve insurance needs while improving our facultative portfolio
Manage portfolio risk with support from data-driven tools that provide clarity on exposure aggregations and pricing metrics
Build and nurture relationships with internal and external business partners, engaging clients to understand and meet their specific needs
Develop marketing strategies in collaboration with colleagues, building key relationships in your region while expanding into broader national and international channels
Lead execution of business strategy across a diverse national customer and broker network
Drive efficiency improvements by optimizing existing processes and implementing new tools
About the Team
The Property Facultative team underwrites all commercial property accounts in the US via both broker and direct channels. This is an exciting opportunity to work with a diverse group of clients in a channel neutral environment! Our team allows underwriters to grow and expand their knowledge across all industry classes, insurance perils, and layer structures, including both proportional and non-proportional placements. We analyze risk using state of the art proprietary modeling tools for both fire and natural catastrophe exposures to develop creative reinsurance solutions based on clients' needs.
About You
You're an analytical thinker with strong decision-making abilities who thrives in a collaborative environment. Your communication skills allow you to build effective relationships with clients and colleagues alike, while your technical expertise enables you to evaluate complex risks and develop innovative solutions.
Additional requirements include:
Bachelor's Degree, concentration in Risk Management is a plus
6-10 years of single risk underwriting experience in either primary or reinsurance markets
Working knowledge of insurance modeling and conceptual understanding of rating tools and underwriting systems
Experience with the U.S. property insurance market
Adept decision-making skills
Additional nice to haves:
Ability to work independently or within a team environment as needs arise
Positive demeanor with a high degree of motivation and proven collaborative behavior
Flexibility for occasional travel as needed
Our company uses a hybrid work model requiring at least three days in the office each week, with the option of working on-site full-time if preferred. This position is not eligible for full-time teleworking and is not able to offer visa sponsorship.
The estimated base salary range for this position in Alpharetta, GA & Chicago, IL is $156,000 to $234,000 and in New York, NY is $164,000 to $246,000. The specific salary offered for this or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget. At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.
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. 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. If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.
Keywords: Reference Code: 139567
Qualifications
- You're an analytical thinker with strong decision-making abilities who thrives in a collaborative environment. Your communication skills allow you to build effective relationships with clients and colleagues alike, while your technical expertise enables you to evaluate complex risks and develop innovative solutions.
- 6-10 years of single risk underwriting experience in either primary or reinsurance markets
- Working knowledge of insurance modeling and conceptual understanding of rating tools and underwriting systems
- Experience with the U.S. property insurance market
- Adept decision-making skills
- Ability to work independently or within a team environment as needs arise
- Positive demeanor with a high degree of motivation and proven collaborative behavior
- Flexibility for occasional travel as needed
- The estimated base salary range for this position in Alpharetta, GA & Chicago, IL is $156,000 to $234,000 and in New York, NY is $164,000 to $246,000. The specific salary offered for this or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget. At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.
Preferred Qualifications
- Bachelor's Degree, concentration in Risk Management is a plus
- Our company uses a hybrid work model requiring at least three days in the office each week, with the option of working on-site full-time if preferred. This position is not eligible for full-time teleworking and is not able to offer visa sponsorship.
About Swiss Re
The Swiss Re Group is one of the world’s leading providers of reinsurance and insurance. We work to make the world more resilient.
Visit company websiteJobs and hiring trendsApply for this job in 1 click
Skip the repetitive application forms
Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.
Trusted by over 500,000 job seekers on Base Career
More from this employer
More jobs at Swiss Re
In-Force Solutions Manager - Hybrid
Kansas City, USA
Large Case Underwriter (Re/Insurance) - Hybrid
Fort Wayne, USA
L&H Underwriter - Hybrid
Alpharetta, USA
Claims Expert, APH Re
Armonk, USA
Employee Relations Partner
London, GBR
Financial Risk Analyst
Bengaluru, IND
Senior Accountant I
Bengaluru, IND
Credit Controller
Bengaluru, IND
