About this role
About the Role
As a Senior Property Treaty Underwriter, you will be at the heart of our UKI & London Market property reinsurance business — evaluating risk, driving decisions, and shaping the future of our portfolio. You'll be a key face for our clients and brokers, combining technical expertise with relationship excellence.
Key Responsibilities
- Underwrite new and renewal Property treaty business within the UKI & London Market portfolio, ensuring decisions are aligned with company guidelines and appetite
- Review reinsurance submissions and documentation to determine eligibility, assess risk factors, and evaluate overall portfolio fit
- Analyse underwriting data using Swiss Re's proprietary tools — including loss history, exposure data, financial statements, and market trends — to make well-informed bind or decline decisions
- Calculate and negotiate appropriate premiums based on thorough risk assessment, balancing competitiveness with portfolio sustainability
- Build and manage relationships with clients and brokers, serving as a trusted and knowledgeable point of contact in the market
- Collaborate with internal stakeholders including Client Management, Claims & Reserving, Solutions, and Transactions teams to deliver integrated, client-focused outcomes
- Contribute to portfolio steering and appetite refinement, supporting the maintenance of a sustainable, resilient, and profitable book of business
About the Team
We are a team of 7 Underwriters spread across two locations — London and Zurich — focused on Property London Market business, which includes UK & Ireland domestic companies and Lloyd's syndicates. Collaboration is at the core of how we work: we support one another within the team and partner closely with colleagues from other functions across the business. You'll be joining an environment that values shared knowledge, open communication, and a collective drive to deliver excellent results for our clients.
About You
You are a highly motivated and driven reinsurance professional who combines deep technical knowledge with the interpersonal skills to influence, inspire, and connect. You bring a proactive mindset to everything you do — whether that's solving a complex risk challenge or building a key broker/client relationship. You're as comfortable working independently as you are collaborating across teams, and you bring energy and integrity to every interaction.
We are looking for candidates who meet these requirements:
- 5+ years of experience in Property Reinsurance, with a demonstrable track record of underwriting treaty business
- Deep understanding of the UK and Ireland Property insurance and reinsurance markets, including market dynamics, key players, and regulatory context
- Proficient knowledge of (re)insurance contract wordings, with the ability to interpret, negotiate, and apply them effectively
- Strong analytical capability , with experience using data — including loss history, exposure data, and financial statements — to drive underwriting decisions
- Proven ability to build and maintain valuable relationships with external partners, brokers, and clients
These are additional nice to haves:
- Experience in Primary Property underwriting, which would complement your reinsurance background
- Familiarity with Lloyd's market operations and syndicate structures
- Experience with portfolio steering and appetite management at a strategic level
- Outstanding problem-solving aptitude with a creative and innovative approach to complex challenges
- A university degree or equivalent qualification in a relevant discipline
Salary & Benefits
For London the annual base salary range for this position is between 112 000 GBP and 168 000 GBP (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.
Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week.
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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