Mexico City, MX

Underwriter Casualty Single Risk

About The Team:

Swiss Re is one of the world’s leading providers of reinsurance, insurance, and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.

Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.

Swiss Re Corporate Solutions offers a flexible working environment where curious and adaptable people thrive.

Our team has extensive knowledge of the local market and works closely with clients to provide tailored insurance and reinsurance solutions. The team is made up of professionals with financial and underwriting expertise and a wealth of experience in the Executive Risks insurance sector. Together with our teams in Zurich, Sao Paulo, Mexico City, Bogota, and Miami we ensure that our clients can access our global network of experts when required.

About The Role:

We are looking for a proactive, highly motivated and result oriented Underwriter to join the Casualty team within Corporate Solutions.This is an underwriting position for someone with established broker connections in the Mexican Casualty Market. The core focus is on contributing to the result-oriented underwriting of International Program Casualty transactions as a (primary and excess) Insurer and to grow the Latin American Casualty book of business substantially and profitably.

Your main tasks will be to work together with existing team of underwriters in Mexico building the new portfolio of international program for Mexican clients, renew existing portfolio, support doing underwriting process of complex accounts and generate new business opportunities by leveraging insurance broker contacts, analyzing, and assessing the technical insurability in respect of exposures and coverages, reviewing cover structures, wordings and proposals, and preparing quotations.

You will be expected to develop a thorough understanding of the client’s requirements and expectations and to participate in discussions and negotiations with brokers, existing and new clients.

As a Casualty Underwriter, you will be responsible for the in-depth underwriting analysis of each contract to be quoted. This includes gathering and evaluating data, analyzing accounts’ loss history and risk quality, and proposing changes to the wording, terms, and conditions of insurance contracts. You will actively participate in discussions about costed loss ratio, reserving loss ratio, IBNRs, pricing-tool adequacies, underwriting process, among others. Furthermore, you may contribute to project work, work in international deal teams, and accept special assignments as required

About You:

  • Educational/ProfessionalUniversity graduate with a degree, preferably in law / engineering /administration /economics and with at least 5 to 7 years of relevant working experience in the insurance and/or reinsurance in Mexico focused on Casualty as Underwriter.
  • Other Financial Lines or Casualty products such Contaminated Product and Environmental Premises Liability experiences will be a differentiator.
  • Strong ability to analyze and interpret technical data
  • Fluent in English; Spanish and Portuguese desirable
  • Network of Mexican Brokers and Clients (focused on international programs)


Key skills and knowledge

  • Excellent interpersonal skills with demonstrated ability to encourage and challenge others
  • Capable of building trust with all areas of the business with Client Markets, Finance, Operations, and other Line of Businesses colleagues
  • Ability to translate business initiatives into clear, actionable strategies
  • Excellent command of English and Spanish (spoken and written), Portuguese is desired.
  • Stress resilient, with the ability to work independently
  • High level of self-motivation and ability to work independently
  • Good negotiation and analytical skills (certifications in these areas will be a differentiator)
  • Good interpersonal and communication skills
  • Good organization and time management skills
  • Great teammate and open-minded
  • Strong IT skills (certifications in this area will e a differentiator)
  • Demonstrate personal accountability for area of responsibility


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. 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.



Reference Code: 127385 



Job Segment: Liability, Risk Management, Underwriter, Claims, Insurance, Finance