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Location: 

Schaumburg, IL, US

 

Senior Treaty Underwriter - Open to a other locations in US 

About Swiss Re

The Swiss Re Group 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. It anticipates and manages risk – from natural catastrophes to climate change, from ageing populations to cybercrime. The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 80 offices globally. It is organized into three Business Units, each with a distinct strategy and set of objectives contributing to the Group’s overall mission.

 

About the role

**Position can be considered an E Band (Assistant VP) or D Band (VP) depending on candidate's experience level**

• Through intermediaries produce, underwrite & negotiate U.S. property and casualty treaty reinsurance

• Ability to communicate & connect at all levels of client and broker up to C Suite

• Handle cradle to grave treaty production and administration process

• Cross-market Swiss Re products and services

• Professionally represent Swiss Re in the U.S. broker treaty reinsurance marketplace

• Open to other locations within US

 

Essential Responsibilities - 75%

• Costing experience is a plus

• Focus on broad commercial casualty background. Commercial property & personal lines background a plus

• Has an established network or capable of building a network of reinsurance broker relationships

• Actively market property and casualty broker treaty opportunities

• Cross-sell all SR products and services to reinsurance intermediaries and clients

• Assess submission data quality, interpret actuarial and economic value analysis and key deal features for assigned treaties

• Recommend treaty terms & conditions

• Coordinate and/or lead all aspects of assigned deal reviews

• Work with cross-functional underwriting, claims, actuarial & marketing teams as needed

• Negotiate deal terms and conditions with brokers and clients

• Ensure adequate process & guideline adherence

• Perform underwriting audits, client & broker visits as required

• Stay current on important insurance/reinsurance developments

Ancillary Responsibilities - 25%

• File documentation/maintenance, various system entries as required • Projects as required

 

About the team

The Specialty team supports niche specialists, E&S writers and MGA programs on an admitted and non-admitted basis. The team currently consists of five client managers and is primarily focused on casualty business.

 

About You

• University degree
• 5 or more years progressive insurance/reinsurance underwriting or broker marketing experience
• Consultative selling, solution-oriented mindset
• Excellent organization skills
• Written and oral presentation skills
• Solid math and statistics understanding
• Teamwork oriented
• Solid MS Office products skills
• ARe, CPCU designation or progress towards same is desirable.
• Broad latitude for recommendations and decision making under senior supervision
• Up to 30% travel.

 

The Company is an equal opportunity employer. It is the practice of the Company 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.

 

Keywords: 
Reference Code: 82770 

 

 


Nearest Major Market: Chicago

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