Swiss Re

Senior Property Treaty Underwriter, US Globals

Swiss Re$164K — $246K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 7+ years in reinsurance or primary underwriting, with property experience preferred.
  • Strong grasp of (re)insurance underwriting and market dynamics.
  • Bachelor's degree required.
  • Ability to communicate complex analyses clearly to executive stakeholders.
  • Proven track record of building relationships within cross-functional teams.
  • Strong business acumen with a focus on incorporating market intelligence into decisions.
  • Limited travel for client engagement primarily within the US.

Responsibilities

  • Underwrite U.S. Global Property Treaty business, including various cover structures.
  • Analyze treaty submissions using data and modeling to align with risk appetite.
  • Assess cedant performance and structure treaties to optimize risk and return.
  • Review contract language for compliance with underwriting guidelines.
  • Act as a market representative, building relationships and selecting risks judiciously.
  • Mentor and coach junior underwriters to enhance team capability and client support.

Benefits

  • Hybrid work model with flexibility for onsite work.
  • Opportunity for professional development and mentorship.
  • Engagement with high-profile, sophisticated clients.
  • Role in shaping innovative reinsurance strategies.
  • Collaborative culture focused on data-driven solutions.
Full Job Description
We are looking for a Senior Property Treaty Underwriter who will be responsible for underwriting, costing, and strategically developing a portfolio of U.S.-based global property treaty business with our largest clients.

This is a unique opportunity to influence high-impact reinsurance strategies, contribute thought leadership, and collaborate across a dynamic, cross-functional environment!

About the Role

The role combines technical treaty underwriting expertise, actuarial analysis, portfolio steering, and market-facing leadership, with a strong focus on risk quality, capital efficiency, and long-term profitability across the reinsurance cycle.

You will collaborate closely with internal and external stakeholders - including clients, brokers, actuaries, client managers, reserving teams, and senior leadership - to evaluate individual treaties, steer client portfolios, and negotiate price and terms while shaping the market dynamics.

Key responsibilities include:

  • Underwrite U.S. Global Property Treaty business across catastrophe and non catastrophe structures, including quota share, excess of loss, and aggregate covers, applying sound underwriting judgment and technical analysis.
  • Analyze treaty submissions using exposure data, catastrophe modeling outputs, pricing frameworks, and qualitative risk assessment to ensure alignment with risk appetite and develop robust loss picks.
  • Assess cedant performance, portfolio composition, underwriting philosophy, and risk controls, and structure treaties (limits, attachments, reinstatements, and T&Cs) to appropriately balance risk and return.
  • Review contract and policy language to ensure compliance with underwriting guidelines and consistency with intended risk transfer.
  • Act as a trusted underwriting partner and visible market representative, fostering strong relationships, disciplined risk selection, and a collaborative, solution-oriented team culture.
  • Mentor and coach junior underwriters to build necessary skills to support our clients and manage market cycles


About the Team

The US Globals and Canada Property CUO desk plays a pivotal role in evaluating some of Swiss Re's most complex and strategically important property treaties, both in terms of underlying exposures and innovative deal structures. Our US Globals clients include some of the largest and most sophisticated carriers worldwide, and our remit spans US commercial and personal lines, as well as international exposures.

Bringing diverse and deep expertise to every challenge, our team integrates seasoned underwriters and actuaries who collaborate to deliver highly tailored, data driven solutions for clients. We embrace complexity, champion innovation, and consistently set high standards for excellence within the Property CUO organization.

About You

You are a seasoned, strategic, and analytically driven professional who thrives in a fast-paced environment. You bring deep intellectual curiosity and the ability to translate complex quantitative insights into actionable recommendations. You demonstrate mature judgment, proactively address challenges, and build strong partnerships across teams and stakeholders.

Qualifications and Skills:

  • Experience: Minimum 7+ years of experience in a reinsurance or primary underwriting, portfolio management or pricing function (property experience a plus).
  • Expertise: Strong understanding of (re)insurance underwriting, property market dynamics, and key strategic drivers influencing insurer performance.
  • Education: Bachelor's degree required.
  • Communication: Proven ability to distill and communicate complex analyses to executive-level stakeholders internally and externally.
  • Collaboration: Demonstrated ability to build strong relationships and work collaboratively within multi-disciplinary teams across geographies.
  • Business Acumen: Strong ability to incorporate market intelligence and forward-looking views into underwriting and pricing recommendations.
  • Flexibility: Limited travel required mostly across the US, primarily for client engagement.


Join us and make a meaningful impact at Swiss Re by driving innovation and advancing the future of our US Globals and Canada property portfolios!

Our company uses a hybrid work model requiring at least three days in the office each week, with the option to work onsite full-time if preferred. This position is not eligible for full-time telework or visa sponsorship.

The estimated base salary range for this position in Schaumburg is $156,000 to $234,000 and in Armonk, NY and New York, NY is $164,000 to $246,000. The specific salary offered for this or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget. At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.

Keywords:
Reference Code: 138003

About Swiss Re

Swiss Reinsurance Company Ltd, commonly known as Swiss Re, is a reinsurance company based in Zurich, Switzerland. It is the world's second-largest reinsurer, after Munich Re. Swiss Re provides insurance and reinsurance products and services to customers globally. The company operates through four segments: Property & Casualty Reinsurance, Life & Health Reinsurance, Corporate Solutions, and Admin Re. Swiss Re has a long history, dating back to 1863, and has grown to become a leading player in the global insurance and reinsurance industry. The company is committed to sustainability and has set ambitious targets to reduce its carbon footprint and promote renewable energy.
Learn more about Swiss Re
Size
13,189 employees
Industry
NASDAQ

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