Senior Property Treaty Underwriter, US Globals

Locations

Schaumburg, IL, US | New York, NY, US | Armonk, NY, US

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.

The role combines technical treaty underwriting expertise, actuarial analysis, 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, client managers, reserving teams, and senior leadership – to evaluate individual treaties, steer client portfolios, and negotiate price and terms while shaping market dynamics.

• Underwrite U.S. Global Property Treaty business across catastrophe and non‑catastrophe structures, including quota share, 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, 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.

The US Globals and Canada Property CUO desk evaluates some of Swiss Re's most complex and strategically important property treaties, spanning U.S. commercial and personal lines as well as international exposures.

Our team integrates seasoned underwriters and actuaries who collaborate to deliver highly tailored, data‑driven solutions for clients, championing complexity and innovation.

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.

• Experience
  :
  Minimum 7+ years in a 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.
• Education
  :
  Bachelor's degree required.
• 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, mainly across the U.S., primarily for client engagement.

Make a meaningful impact at Swiss Re by driving innovation and advancing the future of our U.S. 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 to work onsite full‑time if preferred. This position is not eligible for full‑time telework or visa sponsorship.

The estimated base salary range for this position in Schaumburg is $156,000 to $234,000 and in Armonk, NY and New York, NY is $164,000 to $246,000. The specific salary offered will consider factors such as location, role scope, qualifications, and experience.

Swiss Re is an equal‑opportunity employer. We recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientation, marital status, or any other characteristic protected by law. All hiring decisions are based solely on qualifications for the position.

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.