Senior Property Facultative Underwriter
NACBA, Chicago, IL, United States
Locations
Chicago, IL, US | New York, NY, US
About the Role As a 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
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.
Coordinate 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
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.
Bachelor's Degree, concentration in Risk Management is a plus.
Decision-making skills.
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.
Hybrid Work Model & Visa Our company has a hybrid work model where the expectation is that you will be in the office three days per week. This role is not eligible for either relocation assistance or visa sponsorship.
Salary & Compensation 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.
Equal Opportunity Employer Statement 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.
Reasonable Accommodations 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.
AI in Recruitment 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.
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About the Role As a 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
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.
Coordinate 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
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.
Bachelor's Degree, concentration in Risk Management is a plus.
Decision-making skills.
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.
Hybrid Work Model & Visa Our company has a hybrid work model where the expectation is that you will be in the office three days per week. This role is not eligible for either relocation assistance or visa sponsorship.
Salary & Compensation 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.
Equal Opportunity Employer Statement 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.
Reasonable Accommodations 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.
AI in Recruitment 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.
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