Senior International Property Underwriter - Chicago

Swiss Re•Chicago, IL

62d•$156,000 - $234,000•Hybrid

About The Position

Are you a highly motivated individual looking for an exciting opportunity to join our Commercial Property underwriting team in Chicago, Illinois? 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 Chicago Commercial Property insurance market and a successful track record in underwriting both global and domestic large, enterprise-sized corporations. 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 Central 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: 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.

Requirements

Minimum of 4-10 years' experience as an underwriter (of medium to large corporate accounts)
In depth knowledge of insurance and commercial property underwriting in the central 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

Nice To Haves

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

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