Senior Underwriter - Property General - CorSo

Are you a highly motivated individual looking for an exciting opportunity to join our Property team in Los Angeles? Do you have passion for underwriting and are looking for a prominent role where you can demonstrate your expertise and market knowledge? If so, we want you to join our team!

About the Role:

Our Property Team is looking for a Senior Underwriter with recognised experience and visibility in the Los Angeles commercial insurance market and a successful track record in underwriting large and medium sized corporates. Experience with underwriting international program placements is a plus. Your responsibilities will include:

• Production underwriting position responsible for handling large Global structured programs as well as 100% single-carrier accounts (ground-up property programs).
• Accounts vary from Middle/Upper Middle Market, with purchased limits ups to USD 500m as well as Fortune 500 business.
• Knowledge of complex program structures as well as Single Carrier business is desired.
• Solid experience and understanding of NatCat and man-made risk management, loss-prevention and underwriting
• Diverse industry experience a plus
• Experience with international programs a plus
• Proven negotiation skills and ability to cross sell Swiss Re’s product offering
• Strong business and client focus with proven business impact
• Ability and proven track record of handling complex transactions/accounts
• Analyze and 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 administers the accounts
• Establish and maintain specific industry sector know-how
• Coach less experienced underwriters
• Lead internal (technical/organizational) and/or external (market/client development) projects

Representation activities:

• Represents Swiss Re in meetings with clients, brokers, and other Swiss Re Group entities
• Interaction with other parties: (internal / external contacts, suppliers and providers of this position)
• Regular contact with brokers and clients which require competent technical know-how, negotiation- and language skills, initiative and service orientation
• Works effectively within client teams

About You:

We are looking for an open-minded, trustworthy and enthusiastic team player who can constructively and respectfully engage in challenging conversations. To be successful, you need to have strong communication, negotiation and partnering skills. Are you at ease with leaving the comfort zone and performing under pressure? Do you consider yourself to be a "self-starter", able and willing to take initiative? Looking for:

• High level of insurance knowledge
• Must have In depth knowledge of insurance, commercial property underwriting , and the property insurance market, specifically, the West Region territory
• Minimum 5-10 years underwriting experience in property underwriting of medium to large corporates including in a lead capacity and servicing insurance programmes
• Knowledge and proficiency in the use of underwriting tools, applications, and guidelines and ability to interpret and judge the results
• Good knowledge of English language and demonstrated proficiency
• Keeps abreast of market environment and trends
• Strong broker and client network
• Negotiating ability
• Ability to handle multiple deals in parallel without losing oversight
• Ability to work in a team environment
• Good level of energy and pro-active behaviour

The role may require some travel. Swiss Re has a hybrid work model where the expectation is that you will be in the office three days per week . For California, the estimated base salary range for this position 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.