Munich, DE
Underwriter Property - Graduate (Hybrid; m/f/x/d)
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 2025.
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.
In the second half of the programme, we will work with you to jointly develop your individual perspectives for your career at Swiss Re.
About the Role
As our Graduate and future underwriting professional, you will work right in the heart of our business, interacting daily with diverse teams across the company that assist in the underwriting value chain. We strongly believe in learning by doing and therefore you will spend most of your time in the business working with amazing and experienced colleagues. You will have a mentor at your side helping you to navigate through professional situations and exciting challenges.
You will play a critical role in assessing risks, evaluating insurance applications, and contributing to the profitability of our organization.
Your daily activities include:
• Review insurance applications and accompanying documents to determine eligibility and assess risk factors
• Analyse underwriting data, including loss history, financial statements, and market trends, to prepare and propose informed decisions on policy acceptance or rejection
• Calculate appropriate premiums based on risk assessment and company guidelines
• Collaborate with brokers, clients, and other internal stakeholders to gather additional information and clarify policy details
• Support senior underwriters in complex underwriting tasks
• Active involvement in a cross functional project to gain an end-end understanding of the underwriting value chain incl. portfolio steering
By working directly in the business, you will broaden and deepen your skills and expertise in at least following areas: Underwriting (Property Single Risk), Claims handling, Client management, Portfolio steering and Data analytics.
About the Team
P&C Reinsurance is the biggest Business Unit of Swiss Re and split in 3 lines of business: Property, Casualty (incl. Facultative) and Specialty. During the Graduates programme you will be part of the Team 'Facultative Property NCEE' with a focus on Property Single Risk Business in Germany. You will join a global and diverse team of 13 colleagues based in Bratislava. Munich and Zurich where 'team spirit' is not just a tagline, but every day's practice.
About You
We are looking for people who want to make a difference!
• Successfully completed university degree (Bachelor, Master, or PhD degree)
• Strong interest in/motivation to work in Property, Casualty or Specialty Reinsurance
• Strong analytical and problem-solving skills, with the ability to interpret complex data and high attention to detail
• Strong in communication and high confidence to work with clients, brokers, and senior colleagues
• Ability to work independently and as part of a team, with a positive and collaborative attitude
• Innovative, showing a high degree of own initiative, takes accountability and is a fast learner
• Excellent oral and written English and German skills; additional language skills advantageous
• Proficiency in MS Office applications (Excel, PowerPoint, Word)
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.
If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
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.
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Reference Code: 131816
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