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Location: 

Mexico City, MX

Underwriter D&O

About Swiss Re Corporate Solutions 

 

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.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces 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 Team:

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 pro-active, highly motivated and result oriented Underwriter to join the Executive Risks (D&O) team within Corporate Solutions.

This is an underwriting position for someone with 3-5 years of experience and established broker connections in the Latin American D&O market. The core focus is on contributing to the result-oriented underwriting of Directors and Officers Liability transactions as a (primary and excess) reinsurer and to substantially and profitably grow the Latin American D&O book of business.

Your main tasks will be provide support to the senior underwriter in renew existing portfolio, support doing underwriting process of complex accounts and generate new business opportunities by leveraging reinsurance 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 Re-Brokers, existing and new Clients.

As a Financial Lines 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 (re)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/Professional
      • University graduate with a primary or higher degree (or equivalent), preferably in finance/accounting/economics and with at least 3 to 5 years of relevant working experience in the insurance/reinsurance in Latin America focused on Executive Risks (D&O) as Underwriter; other Financial Lines products experiences will be a differentiator.
      • Experience as reinsurance broker in Latin America can also be a differentiator.
      • Strong ability to analyze and interpret financial data
      • Fluent in Spanish and English. Desirable Portuguese
      • Network of Latin America D&O Brokers and Clients (focused on facultative placements)

 

    • Key skills and knowledge
      • Excellent interpersonal skills with demonstrated ability to inspire 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)
      • 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
      • Team player, open-minded
      • Strong IT skills (certifications in this area will e a differentiator)
      • Demonstrate personal accountability for area of responsibility

 

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.


Keywords:  
Reference Code: 115482 

 


Job Segment: Liability, Claims, Underwriter, Insurance