Senior Casualty Treaty Underwriter

Swiss Re; City Of London; On-site; GBP 70,000 - 100,000; Full time

Job summary

A leading global reinsurance provider in London seeks a Senior Casualty Treaty Underwriter to join their Treaty underwriting team. The role involves assessing complex treaties, developing actuarial costings, and sourcing new reinsurance opportunities. Candidates should have at least 7 years of experience and strong quantitative and analytical skills, with a numeric degree preferred. This position promotes an inclusive culture encouraging diverse perspectives.

Qualifications

• At least 7 years of experience in Casualty treaty underwriting, ideally over 10 years.
• Academic or practical knowledge of concepts of law would be a plus.
• Verbal and written communication skills in English as a first language or equivalent proficiency.

Responsibilities

• Assess complex treaties from quantitative and qualitative perspectives.
• Develop actuarial costings based on data and trends.
• Proactively source new reinsurance opportunities.

Skills

Quantitative and analytical skills

Financial knowledge

Strong communication skills

Education

Numeric Degree or equivalent experience

Job description

Overview

We are looking for an open minded, self-motivated, and business savvy Senior Casualty Treaty Underwriter to join our Treaty underwriting team in London.

Responsibilities

• Assess complex treaties from both a quantitative and a qualitative perspective and deliver business insights based on formal, quantitative analyses.
• Develop actuarial costings based on data available and combining this with external factors and trends.
• Proactively source new reinsurance opportunities and optimize existing programs.
• Understand clients' needs, motivations, and priorities as well as risk and capital drivers and align with company´s strengths in order to develop win-win solutions, using the full range of Swiss Re capabilities. Take underwriting decisions in line with guidelines and best practices.
• Contribute to the development and implementation of holistic client strategies and action plans. Build and maintain client and broker as well as internal relationships through engagement.
• Stay ahead: anticipate and analyze future industry/economic/legal trends and contribute to (re)insurance product development as well as overall Swiss Re\'s Casualty positioning.

About the Team

We are part of SR´s Reinsurance Casualty Treaty Underwriting unit working closely with our other underwriting units, transactions team and various other business functions. We are a multi-national team of around 22 operating out of London, Luxembourg, Milan, Munich, Paris and Zurich with a wide variety of cultural and professional backgrounds.

Our work ranges from underwriting and pricing specific reinsurance transactions to managing the overall Casualty portfolio as well as shaping SR\'s reinsurance market positioning on Casualty lines.

About You

We all rely on our independence and dedication to achieve our goals, thus we are seeking an outstanding teammate who is curious, creative, motivated to drive and own topics independently. You are a strategic thinker with analytical and problem-solving skills, flair for numbers and mathematics. You have eye for business and want to make a difference!

Moreover, you bring these qualifications:

• At least 7 years, ideally over 10 years of experience in Casualty treaty underwriting preferably in the London Market.
• Strong quantitative and analytical skills. Financial knowledge, academic or practical knowledge of concepts of law would be a plus.
• Numeric Degree preferred or equivalent experience level.
• Have strong verbal and written communication skills in English as a first language or equivalent proficiency level.

We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.

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 14,000 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.