Senior Property Treaty Underwriter, US Globals

Swiss Re; Armonk (NY); On-site; USD 156,000 - 246,000; Full time

Job summary

Swiss Re is seeking a Senior Property Treaty Underwriter in the United States to lead underwriting, costing, and portfolio development for US-based global property treaty business with top clients. This role requires collaboration with brokers, actuaries, contract experts, client managers, and senior leadership to evaluate treaties and negotiate terms while preserving risk quality and profitability.

You will mentor junior underwriters, align with market dynamics, and contribute to strategic

Qualifications

• 7+ years of experience in reinsurance or underwriting, portfolio management, or pricing.
• Strong understanding of (re)insurance underwriting, property market dynamics, and key performance drivers.
• Proven ability to communicate complex analyses to executive stakeholders.
• Ability to build cross-functional relationships across geographies.
• Business acumen with market intelligence informing underwriting and pricing.
• Willingness to travel domestically, primarily within the US.

Responsibilities

• Underwrite U.S. Global Property Treaty business across catastrophe and non-catastrophe structures.
• Analyze treaty submissions using exposure data, models, pricing frameworks, and risk assessments.
• Assess cedant performance and structure treaties to balance risk and return.
• Review contract language for guideline compliance and risk transfer alignment.
• Foster relationships with brokers and colleagues, and promote a collaborative market approach.
• Mentor and coach junior underwriters to build skills for clients and market cycles.

Skills

Experience

Expertise

Communication

Collaboration

Business Acumen

Flexibility

Job description

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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, treaty contract knowledge, high level actuarial understanding, 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, contract experts, 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, cat and risk 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 externally with brokers and Ceded Re colleagues, 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 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.
• 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 of working on-site full‑time if preferred. This position is not eligible for full‑time teleworking and is not able to offer visa sponsorship.

The estimated base salary range for this position in Schaumburg, IL is $156,000 to $234,000 and in Armonk, NY & 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.

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. 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.

Keywords: Reference Code:139525

Nearest Major Market: White Plains

Nearest Secondary Market: New York City

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