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Toronto, ON, CA


Senior Property 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 Role

We are looking for a highly motivated and result oriented Underwriter to join our Canadian Treaty Underwriting team. You will be underwriting Canadian and English Caribbean proportional and non-proportional property treaties and play a key role in the development of tailor-made innovative products for our clients.


The position includes Underwriting (analyzing coverage, exposures, wordings and related premium calculations), Marketing (working with brokers, clients and originators), and development of new innovations (working with clients and relevant units within the Swiss Re organization).


  • You will be analyzing insurance portfolios, carrying out technical assessment, reviewing reinsurance terms and conditions of proportional and non-proportional property treaties in Canada and/or English Caribbean.
  • Working with our client managers, you will deliver best in class reinsurance solutions to our clients, providing key insights in negotiations with clients, especially on structuring reinsurance programs. Alongside this, you will drive key initiatives to develop new innovations for our clients.
  • We will need you to keep up-to-date on emerging trends and further develop the team's expertise by leveraging insights from the market, brokers and clients, combined with Swiss Re's global network of experts.
  • You will be gaining hands-on insights of client portfolios by leading client underwriting audits
  • A critical part of the role will be reviewing contract wordings together with contracts specialists and client managers to ensure that contracts adhere to Swiss Re's underwriting guidelines and proactively work towards mutually-acceptable solutions.
  • There will be opportunities for collaboration in project teams (local and divisional projects) along with engagement with facultative underwriters, underwriters in different locations, product centres and other units.
  • You will also be planning and reporting tasks and be involved in the coaching and training of developing underwriting staff.


About You

  • You will have earned a bachelor's degree or equivalent.
  • You have strong analytical skills, quantitative analyses and a flair for both wording and actuarial skills issues.
  • Relationships are important to you and you will have a good network within Canadian insurance industry.
  • Your experience will include solid underwriting judgement - ideally, 10 years of experience in insurance industry, preferably with 5 years of as a property treaty underwriter.
  • You will have strong financial acumen with knowledge of capital and liquidity management.
  • You have proven consultancy skills – you listen, ask the right questions and connect dots.
  • You are creative, and a good communicator, and you thrive in collaborations with colleagues and clients. It is also vital that you have an intrinsic motivation and like to take ownership and work independently as needed.
  • You will also have proven negotiation skills.
  • You can work under tight time constraints and constant changing boundary conditions.
  • Languages: fluency in English. French a plus. You like to interact with colleagues from different backgrounds and experiences.


About the Team

Our team in Canada is responsible for Swiss Re's Property and Casualty books for Canada and the English Caribbean. The team underwrites all treaties in these markets, originates and develops tailor-made transactions for key clients and contributes to building new service offerings with relevance to the Canadian market. Our underwriters are diverse and dynamic, allowing a collaborative environment which promotes personal and professional development.



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.


Reference Code: 91141 



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