- Demonstrate a deep understanding of reinsurance pricing, risk selection and underwriting practice including:
- Quantifying the expected loss of our treaties and determining the underwriting quality of a portfolio by using actuarial methods including experience/exposure ratings
- Assessing contract/policy language and ensuring terms meet our underwriting guidelines
- Represent and position Swiss Re as a strong Property player with clients and brokers
- Build and foster a collaborative team spirit while looking for solutions that support our clients and meet our appetite
- A Bachelor's degree from an accredited college.
- Minimum 2-3 years of insurance/reinsurance experience
- Strong mathematical and analytical capabilities; pursuing ACAS/FCAS designation or clear mathematical degree (engineering, mathematics, statistics, etc.) a positive
- Strong verbal and written communication skills and ability to work in a team environment
- Ability to travel
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Property Treaty Underwriter - Armonk, United States - Swiss Re
Description
Come work for one of the largest reinsurers globally and underwrite some of the most complex property portfolios while working in a collaborative team environment.
About the Role
Come join Swiss Re's Chief Underwriting Office as a property treaty underwriter in the US Globals property treaty desk Join a fast-paced team that is dedicated to servicing some of the largest P&C clients in the world Our team assesses the risk of our client portfolios from both an underwriting and actuarial lens for proportional, per risk and cat treaties. We work closely in a collaborative environment with a cross-functional team to develop property solutions for our clients. This position may also have a chance to learn more on the Canada and English Caribbean markets.
Key needs of the role:
About the Team
The team is a fabulous group of 9 with 6 people focused on US Globals and 3 others focused on the Canada and English Caribbean. We work more broadly with a larger group of property underwriters locally in the US and abroad. The team is extremely collaborative, and we have complementary skills that enable everyone to grow and develop.
Our team also works closely within a client cross functional team that includes client managers, structurers, contracts, claims, and accounting to ensure full service from all angles to our clients.
About You
Requirements:
For Armonk, NY, the estimated base salary range for this position is $104,000 to $168,000. 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.
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Reference Code: 129444