Senior International Property Underwriter - CorSo - SF/LA

Swiss Re; Los Angeles (CA); Hybrid; USD 164,000 - 246,000; Full time

Job summary

Swiss Re is seeking an international property underwriter to join the Commercial Property underwriting team in California, with a focus on both global and domestic large corporate accounts.

The role emphasizes managing fronted programs, structuring complex property programs, and leveraging a broad broker network in the West region. A hybrid work model is offered with in-office days in San Francisco or Los Angeles.

Qualifications

• Minimum of 4–10 years' experience as an underwriter for medium to large corporate accounts.
• Experience structuring and fronting global programs is preferred.
• Experience working with Captives is a plus.
• Knowledge of complex shared and layered program structures and 100% Single Carrier business.
• Experience across diverse occupancies including heavy manufacturing is preferred.
• In-depth knowledge of commercial property underwriting in the West region.
• Proficiency with underwriting tools, applications and guidelines.
• Strong broker and client network in the local region.
• Solid experience with Nat Cat and man-made risk management and loss prevention.
• Excellent negotiating skills and ability to handle multiple deals simultaneously.

Responsibilities

• Manage a portfolio of accounts including fronted global property programs.
• Analyze and underwrite exposures including Natural Catastrophe hazards.
• Assess insurability for new and renewal submissions.
• Prepare quotations, structure programs, and offer proposals per guidelines.
• Use Swiss Re tools and systems to develop terms and conditions.
• Enter and maintain risk information in information systems and administer accounts.
• Build and maintain a book of business and market to prospects.
• Coach less experienced underwriters as needed.
• Lead internal and external projects related to market/client development.
• Represent Swiss Re in meetings with clients, brokers, and other entities.

Skills

Underwriter experience

Global programs

Captives

Program structures

Diverse occupancies

West region underwriting

Underwriting tools

Broker network

Nat Cat risk

Negotiation skills

Tools

Underwriting software

Job description

Are you a highly motivated individual looking for an exciting opportunity to join our Commercial Property underwriting team in San Francisco or Los Angeles? If you are looking for a prominent role where you can utilize your expertise and market knowledge in INTERNATIONAL PROPERTY UNDERWRITING, we want to hear from you!

About The Role

Our Property Team is looking for an international property underwriter with recognized experience and visibility in the California Commercial Property insurance market and a successful track record in underwriting both global and domestic large, enterprise-sized corporations.

Key Responsibilities

• Manage a portfolio of accounts including fronted global property programs
• Analyze and underwrite exposures including Natural Catastrophe hazards
• Assess technical insurability regarding exposures and coverages on new offer and renewal submissions
• Prepare quotations, structure programs, and offer proposals in accordance with guidelines
• Use Swiss Re tools and systems for the development of terms and conditions
• Enter and maintain risk information into the various information systems and administer the accounts
• Establish and maintain a book of business as well as marketing and originating prospects
• Coach less experienced underwriters when necessary
• Lead internal (technical/organizational) and/or external (market/client development) projects
• Represent Swiss Re in meetings with clients, brokers, and other Swiss Re Group entities
• Build and maintain strong relationships with brokers, clients and team members
• Technical analysis of manmade and Nat Cat property exposures as well as policy terms and pricing metrics
• Structuring capacity deployment and negotiating key terms that align with our underwriting strategy

About The Team

We are a diverse and inclusive team that works well in a collaborative environment while fostering and developing independent thought. Our team works with brokers situated in the West Region of the United States. North American Retail Property is a foundational line of business for SwissRe Corporate Solutions that is at the core of our strong brand. Risk transfer solutions offered through this channel vary from ground up quota share, shared and layered, and single carrier placements. This team also works with our alternative risk transfer group to structure innovative and unique solutions for our clients and brokers.

About You

You are a strong communicator, able to build partnerships with external customers and internal co-workers. You are an initiative-taker, with the ability to thrive in a dynamic, team-focused environment, and deliver on tight deadlines. You are a strong negotiator, results oriented, and take responsibility for your decisions. We expect you to have the following business experience and skills:

• Minimum of 4-10 years' experience as an underwriter (of medium to large corporate accounts)
• Experience in the structuring and fronting of global programs preferred.
• Experience working with Captives a plus
• Knowledge of complex shared and layered program structures as well as 100% Single Carrier business
• Skills working across diverse occupancies including heavy manufacturing preferred
• In depth knowledge of insurance and commercial property underwriting in the west region
• Proficiency in the use of underwriting tools, applications, and guidelines
• Strong broker and client network in the local region
• Solid experience and understanding of Nat Cat and man-made risk management and loss prevention
• Negotiating skills and the ability to handle multiple deals in parallel

Some travel within the region, including air travel, for client/broker meetings will be required. The role will be located in our San Francisco or Los Angeles office. Swiss Re has a hybrid work model where the expectation is that you will be in the office three days per week. The estimated base salary range for the Senior Underwriter level 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.

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.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces 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.

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.

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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