Share this Job

Sydney, NSW, AU

Graduate Property and Casualty 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 our 15,000 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 analytical and interpersonal skills, who are eager to learn and broaden their knowledge and expertise. If you have a Bachelor degree or post-graduate qualification, with up to 3 years professional experience – we invite you to apply to our graduates@swissre programme 2021.


The program offers the chance to join the dynamic, fast paced 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

We are seeking a highly motivated and result-oriented graduate to join our Property and Casualty Underwriting Team and Swiss Re Global graduate programme for 2021. You will be based in Sydney and will be part of a team responsible for underwriting renewal and new profitable treaty business, mainly originating out of the Australia & New Zealand market.


Your main responsibilities include (however, are not limited to):


  • Analysing new and renewal treaty programme submissions to identify key information for underwriting business
  • Evaluating the Treaty wording contract for compliance with Swiss Re requirements as well as proposes changes where needed
  • Using appropriate underwriting tools, models and quantitative pricing methodologies
  • Collaborating with other teams when necessary, such as Actuarial, Claims and Legal
  • Following underwriting guidelines and renewal messages; following best practice recommendations as appropriate
  • Escalating cases exceeding underwriting authority in accordance with referral procedures
  • Making decisions on final structure, share, premium/rates, terms and conditions, jointly with the respective Client Manager
  • Seeking out new opportunities for underwriting treaty business
  • Supporting the Underwriting Head in monitoring the risk landscape to ensure that Swiss Re’s underwriting strategy is aligned with the risk environment
  • Managing files and effectively using the Business Process Management system


About the Team

We are a market leading underwriting team providing substantial capacity and innovative reinsurance solutions to our Australian and New Zealand insurance clients. Our business is about understanding and analysing the major risks from a broad range of man-made risks and natural catastrophes. Working closely within cross functional teams, and with our clients, we combine experience with expertise and innovative thinking, to create value-adding opportunities and solutions.


About You

  • Bachelor degree or post-graduate level qualification in relevant field, such as mathematics, statistics, actuarial, sciences, finance, economics, engineering
  • Up to three years' professional work experience in the insurance sector is advantageous, but not a pre-requisite
  • Analytical proficiency and proactive problem-solving approach
  • Adaptable and agile to a changing environment
  • Excellent verbal communication and presentation skills
  • Strong interpersonal skills
  • Capability to work collaboratively in a team environment and also independently
  • Ability to build valuable relationships with clients and brokers
  • Solid negotiation and influencing skills
  • Robust adherence to underwriting practices and guidelines
  • Proficient use of business applications (Excel, PowerPoint, Word, Power BI)


Are you focused, committed and passionate about your driving your career forward in a global organisation? If so, we would love to hear from you!


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.


Reference Code: 92941