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Vaduz, FR Adliswil, Zurich, FR Zurich, Zurich, FR

Chief Underwriting Officer

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.  Elips Versicherung AG (EVAG) is a Liechtenstein non-life insurance company registered in Liechtenstein and wholly owned by the Swiss Re Group.

About the role


Your main responsibilities would be:

  • Underwriting oversight of the Irish Medex business
  • Establishing and maintaining UW governance and guidance
  • Defining Costing/UW authorities
  • Ensuring UW governance requirements are adhered to
  • Reviewing and approving tariff rates on an annual basis
  • Handles and approves UW referrals and product changes
  • Represents UW function on EVAG Executive Team
  • Liaises with Regulator
  • Providing technical support to the EVAG CEO



Has responsibility and accountability for the costing of the EMEA Medical business which includes:

  • Is accountable to ensure costing accuracy through adequate UW and tariff setting
  • Underwriting oversight and provides UW sign-off
  • Establishing and maintaining of UW governance and guidance
  • Managing of Costing/UW authorities
  • Ensuring UW governance requirements are adhered to
  • Reviewing and approving tariff rates on an annual basis
  • Managing and approving
    • Corporate referrals,
    • New products
    • New drugs/treatments
    • New Products
    • New benefits
    • Benefit changes to existing products
  • Reinsurance pricing / IGR
  • Providing legal carrier (EVAG) UW sign-off


Portfolio Ownership

The EVAG CUO supports the Head A&H EMEA with Portfolio Ownership topics including:

  • Analysis of planned profitability, US GAAP, combined ratio, EVM NB and prior business CM3
  • Performing and reviewing portfolio deep dives and analyses (e.g. for EVAG BoD, Factbook, Early Warnings etc. )
  • Monitoring exposure and performance (e.g. through CBR), conducting performance deep dives and sub-segment mix analyses
  • Defining portfolio steering actions to achieve the portfolio objectives.
  • Providing input to Finance for planning (e.g. LR projections)
  • Achieving costing accuracy (Neutral Actual vs Expected)


EVAG ET Member

The EVAG CUO is part of the EVAG ET and:

  • Defines the portfolio strategy, goals and financial plan together with the EVAG ET members
  • Is accountable to the EVAG BoD


About you

  • Qualified L&H actuary with 10+ years’ experience
  • Proficient in English is a must
  • Profound understanding of Medical Insurance Business
  • Ability to take a strategic, risk-aware, forward-looking, 360-degree view of the portfolio, implementing timely actions based on macroeconomic and market conditions
  • Proven leadership skills
  • Excellent analytical and conceptual skills
  • Proven interpersonal and communication skills
  • Proactive and solution oriented mind-set
  • Ability to prioritize and to keep the overview
  • Resilient and willing to go above and beyond
  • High level of accuracy and responsibility
  • Independent and hard-working type of personality
  • Standout colleague capabilities
  • Hands-on mentality
  • International and virtual working experience


Swiss Re embraces diversity and equal opportunity. We are committed to building an inclusive team that represents a variety of backgrounds, perspectives, and skills. 



Keywords: Liechtenstein, Vaduz 
Reference Code: 112811 


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