Underwriting Analyst

About the Role

As an Underwriting Analyst, you will develop a broad understanding of risk assessment, underwriting, portfolio management, and commercial decision-making, supporting underwriting teams across Swiss Re. This role offers exposure to multiple business areas to build technical, analytical, and relationship-management skills for a successful career in underwriting.

Key Responsibilities

• Review and analyze client submissions, schedules of values, loss histories, and exposure information to develop underwriting insights and recommendations.
• Support the evaluation and underwriting of large and complex commercial property risks across various industries.
• Assess risk characteristics, portfolio trends, and market conditions to support underwriting decisions and business strategy.
• Partner with Risk Engineering teams to understand operational risks, loss prevention measures, and property exposures.
• Support pricing analyses, underwriting recommendations, and portfolio management activities.
• Participate in broker meetings, client discussions, and market-facing activities for business development and relationship management.
• Collaborate with underwriting assistants and operational teams to understand end-to-end underwriting processes.
• Contribute to projects involving portfolio monitoring, data quality, operational effectiveness, and underwriting innovation.
• Support initiatives involving AI, analytics, and emerging technologies to enhance underwriting insights and decision-making.
• Prepare materials for account reviews, underwriting discussions, and presentations to senior stakeholders.
• Support the underwriting of bundled facultative facility placements by gathering and analyzing underwriting information, preparing pricing and exposure analyses, and assisting in the evaluation of new business opportunities.
• Assist senior underwriters in assessing risks, preparing quotations, and coordinating internal underwriting approvals.
• Develop an understanding of Swiss Re underwriting guidelines, risk appetite, pricing methodologies, and portfolio management principles.
• Monitor portfolio performance and assist with reporting, audits, quality reviews, and other portfolio management activities.
• Maintain accurate underwriting documentation and ensure information is complete within underwriting and workflow systems.
• Collaborate with underwriting, operations, pricing, risk management, and other internal teams to support the efficient execution of transactions.
• Participate in client meetings, broker discussions, and internal strategy meetings to develop commercial knowledge and relationship management skills.
• Support initiatives to improve underwriting processes, operational efficiency, and data quality.
• Participate in training and development programs designed to build technical underwriting expertise and industry knowledge.

Requirements & Tech Stack

• Bachelor’s degree in Risk Management, Insurance, Business, Finance, Economics, Engineering, Mathematics, or a related discipline.
• Relevant master's or doctoral degrees may be considered.
• Demonstrated academic rigor through course selection and performance; a cumulative minimum GPA of 3.0 is expected.
• No more than three years of professional experience.
• Intellectually curious about risk, insurance, reinsurance, and global business.
• Analytical thinking, enjoyment of working with data, motivation to learn, challenge assumptions, and solve complex problems.
• Energized by collaborating across disciplines, geographies, and cultures.
• Strong interpersonal skills and comfort building relationships in a client-facing environment.
• Ability to communicate clearly with both technical and non-technical audiences.
• Self-aware, seeking feedback and applying it for continuous growth and improvement.
• Demonstrated integrity, sound judgment, accountability, and attention to detail.
• Curiosity about AI and emerging technologies and their responsible use.
• Familiarity with end-to-end underwriting processes.
• Understanding of risk assessment, portfolio management, and commercial decision-making.
• Experience in or willingness to learn about reinsurance and commercial insurance.

Qualifications

• Ability to support underwriting teams across Swiss Re.
• Willingness to gain exposure to multiple business areas.
• Capability to build technical, analytical, and relationship-management skills.
• Experience working with large national and multinational organizations (in Corporate Solutions).
• Familiarity with risk assessment, broker engagement, portfolio management, and underwriting strategy (in Corporate Solutions).
• Understanding of underwriting expertise, risk engineering insights, and advanced analytics (in Corporate Solutions).
• Ability to support the underwriting of bundled facultative facility placements (in Property Facultative Underwriting).
• Understanding of Swiss Re underwriting guidelines, risk appetite, pricing methodologies, and portfolio management principles.
• Experience maintaining accurate underwriting documentation and ensuring information completeness.
• Familiarity with underwriting and workflow systems.
• Ability to participate in client meetings, broker discussions, and internal strategy meetings.
• Participation in training and development programs.

Base salary for this role is $70,000. Candidates with advanced degrees may be eligible for a higher base compensation. Compensation details listed reflect base salary only and do not include short-term incentives or other benefits.

Graduate and Intern positions at Swiss Re are not eligible for US work authorization sponsorship.