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Armonk, NY, US

Graduate Property Treaty Underwriter


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.

At Swiss Re we combine experience with creative thinking and cutting-edge expertise to create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 13,000 employees across the world.

We offer a flexible working environment where curious and adaptable people thrive. Are you interested in joining us?


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 2022.


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 Property 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 Property team have a broad range of responsibilities that include the qualitative analysis of an insurance company's operations, actuarial work associated with pricing a treaty, insurance market research to stay abreast of industry trends, and investment in scientific, meteorological, and engineering knowledge related to natural and man made catastrophes. 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 property reinsurance treaties within the North American market through broker and direct channels with support from senior underwriters and actuaries
  • Use actuarial methods to experience and exposure rate property 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
  • Some travel will be required


About the team

This role is a part of the North America Property Treaty team. Located throughout the United States and Canada, this team is responsible for developing Swiss Re's property treaty reinsurance strategy for North America and implementation of that strategy through underwriting, pricing, and portfolio steering. 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. Experience with Microsoft Access or basic common coding skills are preferred.


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: 103181 


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

Job Segment: Underwriter, Claims, Actuarial, Accounting, Insurance, Research, Finance