Senior Property Treaty Underwriter (Hybrid - 80-100%)

As a Senior Property Treaty Underwriter, you will be at the heart of the UKI & London Market property reinsurance business, evaluating risk, driving decisions, and shaping the future of the portfolio. You will be a key face for clients and brokers, combining technical expertise with relationship excellence.

• Underwrite new and renewal Property treaty business within the UKI & London Market portfolio, ensuring decisions are aligned with company guidelines and appetite.
• Review reinsurance submissions and documentation to determine eligibility, assess risk factors, and evaluate overall portfolio fit.
• Analyse underwriting data using Swiss Re's proprietary tools, including loss history, exposure data, financial statements, and market trends, to make well-informed bind or decline decisions.
• Calculate and negotiate appropriate premiums based on thorough risk assessment, balancing competitiveness with portfolio sustainability.
• Build and manage relationships with clients and brokers, serving as a trusted and knowledgeable point of contact in the market.
• Collaborate with internal stakeholders including Client Management, Claims & Reserving, Solutions, and Transactions teams to deliver integrated, client-focused outcomes.
• Contribute to portfolio steering and appetite refinement, supporting the maintenance of a sustainable, resilient, and profitable book of business.

• 5+ years of experience in Property Reinsurance, with a demonstrable track record of underwriting treaty business.
• Deep understanding of the UK and Ireland Property insurance and reinsurance markets, including market dynamics, key players, and regulatory context.
• Proficient knowledge of (re)insurance contract wordings, with the ability to interpret, negotiate, and apply them effectively.
• Strong analytical capability, with experience using data including loss history, exposure data, and financial statements to drive underwriting decisions.
• Proven ability to build and maintain valuable relationships with external partners, brokers, and clients.
• Experience in Primary Property underwriting, which would complement your reinsurance background (nice to have).
• Familiarity with Lloyd's market operations and syndicate structures (nice to have).
• Experience with portfolio steering and appetite management at a strategic level (nice to have).
• Outstanding problem-solving aptitude with a creative and innovative approach to complex challenges (nice to have).
• A university degree or equivalent qualification in a relevant discipline (nice to have).

• Annual base salary range for Switzerland between 136 000 CHF and 204 000 CHF (for a full-time role), with specific salary offered based on requirements, scope, complexity, responsibilities, and applicant profile.
• Attractive performance-based variable compensation component designed to recognise achievements.
• Variety of global and location-specific benefits, with eligibility depending on Swiss Re policies and employment contract.
• Hybrid work model with expectation to be in the office at least three days per week.

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. The company anticipates and manages a wide variety of risks, from natural catastrophes and climate change to cybercrime, covering both Property & Casualty and Life & Health. Swiss Re employs more than 15,000 people worldwide and is committed to building an inclusive culture that encourages fresh perspectives and innovative thinking.

The team consists of 7 Underwriters spread across London and Zurich, focused on Property London Market business, including UK & Ireland domestic companies and Lloyd's syndicates. Collaboration is central, with support within the team and close partnership with colleagues from other functions. The environment values shared knowledge, open communication, and a collective drive to deliver excellent results for clients.