Senior Underwriter (Hybrid;m/f/x/d;80-100%)

Internationalinsuranceprofessionals; München; On-site; EUR 101,000 - 169,000; Full time

Job summary

Swiss Re in Munich seeks an experienced Senior Underwriter for P&C Reinsurance treaty business in Germany. You own high-impact portfolios, select top-tier clients, and drive results with data-informed decisions.

Native German, professional English, and 5+ years underwriting are essential. Join a team delivering customised reinsurance solutions, managing end-to-end underwriting, client relationships, and market intelligence to outperform benchmarks.

Qualifications

• Minimum 5 years of experience in insurance or reinsurance underwriting.
• Native-level German and professional English for client communication.
• Strong technical underwriting skills including risk assessment and market intelligence.
• Analytical mindset with ability to handle data and strategy.
• High affinity for technology and digital tools to support underwriting.
• Proven client management and relationship-building skills.
• Willingness to travel ~20% of the time.

Responsibilities

• End-to-end underwriting: risk selection, costing, contract review and structuring.
• Client relationship management: build trusted, long-term partnerships with clients and brokers.
• Portfolio growth: identify new opportunities within the existing portfolio.
• Market intelligence: analyse competitors and market dynamics to stay ahead.
• Account accountability: own assigned accounts and ensure guideline compliance.
• Collaborative innovation: design customised reinsurance solutions with internal teams.

Skills

Insurance underwriting

Portfolio management

Client management

German fluency

English proficiency

Data analytics

Travel willingness

Tools

Underwriting software

Job description

Location: Munich, DE

Are you a skilled underwriter who thrives on building profitable portfolios, nurturing client relationships, and making sharp, data-informed decisions? Do you bring both technical precision and strategic vision to everything you do? If so, Swiss Re wants to hear from you - come shape the future of P&C Reinsurance in Germany!

About the Role

This is an exciting opportunity to take ownership of a high-impact role at Swiss Re. As a Senior Underwriter for P&C Reinsurance treaty business in Germany, you will be at the heart of our market strategy - selecting top-tier clients, building a high-performing portfolio, and driving results that consistently outperform market benchmarks.

You will bring together world-class origination, client management, and underwriting excellence to cultivate and deepen relationships across all executive and management levels. This is a role where your expertise, judgment, and entrepreneurial spirit will directly shape Swiss Re's success in one of Europe's most important markets.

Key Responsibilities

• End-to-end underwriting: Conduct thorough analyses of core business including risk selection, costing, contract review, and structuring - leveraging and improving relevant technology to support informed, high-quality decisions
• Client relationship management: Build and maintain trusted, long-term partnerships with clients and brokers across all organisational levels, acting as a strategic advisor and reliable point of contact
• Portfolio growth: Identify and develop new opportunities within the existing portfolio in close collaboration with specialists, consistently applying the principle of "right service, right client"
• Market intelligence: Continuously anticipate and analyse competitor products, industry trends, economic developments, and evolving market dynamics to stay ahead of the curve
• Account accountability: Take full ownership of your assigned accounts, ensuring compliance with all relevant underwriting guidelines and internal frameworks
• Collaborative innovation: Work cross-functionally with internal specialists, actuaries, and client managers to design customised reinsurance solutions that meet complex client needs

About the Team

We are a dynamic and diverse team responsible for all Property and Casualty client and broker relationships in the German market. Teamwork is at the core of everything we do - managing client relationships and growing our portfolio demands continuity, reliability, and deep technical knowledge, as well as agility, creativity, and an innovative mindset.

We manage our clients' portfolios, deliver customised reinsurance solutions, and engage as strategic partners in high-level discussions. Our team brings entrepreneurial spirit, energy, and expertise to every interaction - and we're looking for someone who will complement and strengthen that culture.

We grow together, support one another, and genuinely enjoy the journey. Join a team of underwriters who are smart, dedicated, and passionate about building the best portfolio in the market!

About You

You are a collaborative, analytically minded professional who takes pride in delivering excellence. You bring strong interpersonal skills and a natural ability to build trust - whether with clients, brokers, or colleagues. You're comfortable navigating complexity, communicating with clarity, and balancing the big picture with the fine details. You are ambitious, results-driven, and energised by the challenge of working in a fast-paced, competitive market.

We are looking for candidates who meet these requirements:

• Minimum 5 years of experience in insurance or reinsurance underwriting, portfolio management, and/or client management
• Native-level German and professional proficiency in English - essential for effective client and internal communication in the German market
• Strong technical underwriting skills including contractual knowledge, risk assessment and appetite, product knowledge, portfolio steering, and market intelligence
• Analytical capability - the ability to deep-dive into data and details while maintaining a clear view of the broader strategic picture
• High affinity for technology and data analytics - comfortable using and improving digital tools to support underwriting decisions
• Proven client management skills - demonstrated ability to build, develop, and sustain strong relationships with clients and brokers at all levels, acting as a trusted advisor and delivering tailored reinsurance solutions
• Willingness to travel approximately 20% of the time to meet clients and attend industry events

Compensation

For Germany, the base salary range for this position is between 101,000 EUR and 169,000 EUR for a full-time role.

The specific salary offered considers:

• The requirements, scope, complexity and responsibilities of the role
• The applicant's own profile including education/qualifications, expertise, specialisation, skills and experience

In addition to your base salary, Swiss Re offers an attractive performance-based variable compensation component, designed to recognise your achievements. Furthermore, you will enjoy a variety of global and location-specific benefits. Eligibility may vary depending on the terms of Swiss Re policies and your employment contract.

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. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 15,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.

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Reference Code: 139380