(Senior) Treaty Underwriter - Hybrid, Open to Multiple ...

Location: Ideally Armonk, Kansas City, Schaumburg, Chicago, but for the right candidate, the role is open to any US location, including remote. About the Role: In this role, you will be responsible for underwriting reinsurance treaty business across all casualty lines (general liability, auto liability, workers compensation, and excess/umbrella liability), with minimal exposure to professional lines. Open to both insurance and reinsurance experience. Role will include active engagement with our clients and brokers, as well as internal colleagues such as client markets, actuarial, claims, reserving, contracts, and structuring, The job activities include the following: Make underwriting decisions within authority levels and support the escalation of treaties exceeding authority in accordance with referral guidelines. Effectively communicate underwriting assessment of treaties to cross-functional deal teams and senior management in a clear, cohesive, and succinct manner. Work closely with actuaries, understanding and being able to summarize and communicate drivers of year over year loss pick changes. Proactively initiating discussions with clients to understand their portfolio, identify their motivation, needs, and priorities. Develop appropriate reinsurance solutions that leverage the full range of Swiss Re capabilities. Coordinate deal strategy and recommend treaty terms and conditions including reinsurance contract review. Build and maintain professional relationships with external clients, brokers, and internal stakeholders. Ability to provide market insights to internal and external stakeholders. Perform underwriting audits and other client visits as required - Travel up to 20% Participate in Swiss Re initiatives, projects, and cross functional teams. Help recruit, train, and develop team members as needed. About the Team: The Global client segment is responsible for some of the largest treaties and most strategic client relationships across direct and broker-produced channels. The team includes senior underwriters and actuaries who work with corresponding client managers and other functions including claims, risk management, reserving, contract specialists, and legal. The broader team is based across Armonk (NY), New York (NY), Schaumburg (IL), Kansas City (MO), and teleworkers. About You: At least 8 years of experience in reinsurance or primary pricing or reserving for Casualty lines of business Bachelor's degree; an advanced degree and/or insurance designations are preferred. An area of expertise, this could pertain to pricing/underwriting a line or class of business. Ability and desire to work effectively in a team-oriented environment in a collaborative and open manner. Natural desire and curiosity to continually learn and self-develop. For Armonk, NY, the estimated base salary range for this position is $156,000 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. 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 14,000 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. Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled. During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed. Keywords: Reference Code: 130513

Created: 2024-11-05