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Location: 

Armonk, NY, US

Casualty Treaty Underwriter Graduate

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.

 

 

About the Programme 

We are looking for graduates with strong interpersonal skills, who are eager to learn and broaden their knowledge and expertise. 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 2023.

 

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’ll receive on-and-off-the-job training, including a job rotation that gives you the opportunity to work across different business units.

 

About the Role

A Casualty Treaty Underwriter at Swiss Re is responsible for the underwriting and pricing assessment of large portfolios of risk written by our primary insurance company clients. Reinsurance underwriters working in the North America Casualty team have a broad range of responsibilities that include the qualitative analysis of an insurance company's operations and risk appetite, supporting the actuarial work associated with pricing a treaty, and insurance market research to stay abreast of industry trends. The role is wide ranging and offers an opportunity to work with our insurance company partners of all sizes across the United States.

Specifically, this role will:

  • Underwrite and price casualty reinsurance treaties within the North American market through broker and direct channels with support from senior underwriters and actuaries
  • Understand and communicate actuarial methods to experience and exposure rate casualty treaties
  • Develop structuring skills to assess appropriate reinsurance structures tailored to meet a client's needs and in line with our risk appetite.
  • Review reinsurance treaty contracts, ensuring adherence to Swiss Re underwriting standards.
  • Accompany senior underwriters at client and broker meetings including underwriting audits
  • Work in cross functional teams to provide value added services and solutions to our clients
  • The team will provide support (i.e. study days, materials, and/or compensation) for taking actuarial exams and/or underwriting exams (CPCU, ARe, etc.) based on the interest of the individual.
  • Some travel will be required

 

About the Team 

This role is a part of the North America Casualty Treaty team. Located throughout the United States and Canada, this team is responsible for the profitable underwriting and pricing of casualty treaty business for Swiss Re, including our Liability, Workers Compensation, Motor and Financial lines.  The team is made up of highly skilled underwriters, actuaries, and catastrophe modelers of all backgrounds who work in close collaboration the Client Markets, Claims, Accounting, Reserving, Business Services, and Solutions teams. This team has a passion for personal and professional development and work hard during peak renewal periods to serve our clients.

 

About You

  • Successfully completed university degree, preferably with studies in insurance, engineering or a quantitative subject (math, actuarial science, finance)
  • Strong interest in/motivation to learn about insurance/reinsurance
  • Strong analytical skills and can focus on details without losing track of the bigger picture.
  • Demonstrated ability to clearly communicate complex details in an easy to understand manner.
  • Innovative, showing a high degree of own initiative
  • Collaborative, demonstrating a strong desire to work with and learn from others, and share those lessons across the team, while also being able to work independently and proactively.
  • Ability and enthusiasm to work in a global and multicultural environment
  • Aptitude to express themselves effectively in one-on-one conversations and small groups
  • Mature & self-confident; Able to work with clients, business partners and senior colleagues
  • Excellent oral and written English skills
  • Strong proficiency in Microsoft Excel.

 

 

 

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.

 

As the COVID-19 pandemic continues to impact the world, it is our responsibility to help keep our employees, customers, partners and communities healthy and safe.  SwissRe will require all candidates interviewing in person in Canada to provide evidence of vaccination when arriving at our offices. 

 

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Reference Code: 118668 

 

 


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

Job Segment: Liability, Workers Compensation, Accounting, Actuarial, HR, Insurance, Human Resources, Finance