Armonk, NY, US

2024 Life & Health Facultative Underwriting Graduate


As our Graduate you will develop the crucial underwriting foundation, with the prospect to move into a professional underwriting role in our organization. This programme offers you a kick start to your career, developing technical skills relevant to the Reinsurance industry.


We are looking for graduates with strong interpersonal skills, who are eager to learn, broaden their knowledge and expertise and want to make a difference. You have a Bachelor, Master, or PhD degree with up to 3 years professional experience – we invite you to apply to our graduates@swissre programme 2024.


The programme offers you the chance to join the dynamic, fast-moving world of a leading risk knowledge organisation. Over an 18-month period, you will receive on- and off-the-job training, including a job rotation that gives you the opportunity to work across different lines of business and departments.


About the Role

We are looking for a highly motivated and dedicated individual to join our U.S. Life and Health Underwriting team. You will be responsible for building and maintaining profitable relationships with key clients, underwriting U.S. Life and Health business, and working with clients and internal cross-functional teams as needed.


  • Gain and maintain knowledge of basic insurance products and concepts, as well as changes in both industry initiatives (legislative, taxation, product development, technology, etc.) and principles of risk selection (both medical and non-medical) 
  • Assess data, medical, and financial documents to provide accurate and competitive facultative life risk selection while meeting communicated time service standards and production goals
  • Assist in representing the US L&H underwriting region during development and testing of underwriting tools/system enhancements and initiatives
  • Contribute to testing activities, providing training and documentation to the wider underwriting department
  • Support continuing education by regularly attending external and internal training programs, forums, meetings, and webinars 
  • Support Swiss Re's market presence via consistent sharing of company initiatives, news and events via social media 
  • Provide strategic support and handle projects and other responsibilities as determined


About the Team

The US Life & Health Underwriting team is an experienced group of dedicated professionals based in Canada, the United States, and Mexico. In addition to our strong facultative underwriting services, we work together to find efficient and innovative solutions to meet our clients' needs and exceed their expectations.


About You

  • Willingness to work on industry courses with an ultimate goal towards achieving Fellow, Academy of Life Underwriting (FALU) and Fellow, Life Management Institute (FLMI) designations.
  • Possess strong decision-making and problem-solving capabilities
  • Have excellent time management skills with the ability to work independently and cohesively with the rest of the underwriting team and other Swiss Re departments
  • Be willing to participate in projects and other team initiatives
  • Ability to interact positively and effectively with staff, clients and other divisions (administration, claims, group, etc.) to allow efficient underwriting departmental operation
  • Are competent with the use of social media


For Armonk, the base salary for this role is $70,000.  Candidates with advanced degrees may be eligible for a higher base 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.


Reference Code: 126359 



Nearest Major Market: White Plains
Nearest Secondary Market: New York City

Job Segment: HR, Underwriter, Product Development, Claims, Human Resources, Insurance, Research