Underwriter, Executive Risks (Hybrid, 80-100% working degree possible)

Swiss Re - Schweizerische Rückversicherungs-Gesellschaft; City of London; Hybrid; GBP 63,000 - 95,000; Full time

Job summary

A leading reinsurance firm in London is seeking an experienced Underwriter to join the Executive Risks team. The role involves underwriting Directors and Officers Liability transactions and generating business opportunities while analyzing technical risks. Candidates should have experience in D&O underwriting and strong interpersonal skills. This position offers a competitive salary of £63,000 to £95,000 along with a hybrid work model.

Benefits

Performance-based variable compensation

Variety of global and location-specific benefits

Qualifications

• Technically strong underwriter with excellent market connections.
• Proficiency in building relationships.
• Self-motivated with a collaborative approach.

Responsibilities

• Generate new business opportunities with brokers.
• Analyze technical insurability of risks.
• Review and structure coverage proposals.
• Lead discussions with brokers and clients.
• Select risks carefully using market knowledge.
• Contribute to bespoke projects within Corporate Solutions.

Skills

Experience of Directors & Officers (D&O) underwriting

Strong negotiation and analytical skills

Excellent interpersonal and communication abilities

Advanced organizational and time-management skills

Job description

Are you ready to leverage your expertise in Directors and Officers Liability to shape the future of corporate risk solutions? We're seeking an exceptional Underwriter to join our dynamic Executive Risks team, where you'll have the opportunity to build on your established broker relationships and technical underwriting skills to drive business growth and deliver outstanding client solutions.

About the Role

As a Underwriter in our Executive Risks team, you'll play a pivotal role in our continued success by leveraging your technical expertise and market connections to identify, analyze, and underwrite Directors and Officers Liability transactions. You'll operate as both a primary and excess insurer, utilizing our multinational/local policy capabilities to create tailored solutions for clients.

Key Responsibilities

• Generate new business opportunities by leveraging your existing broker network and developing new relationships across the UK market
• Analyze technical insurability of risks, evaluating exposures and coverages with precision and insight
• Review and structure coverage proposals, wordings, and quotations that balance client needs with sound underwriting principles
• Lead discussions with brokers and clients, demonstrating deep understanding of their requirements and expectations
• Select risks carefully using your market knowledge to identify profitable opportunities while maintaining underwriting discipline
• Contribute to bespoke projects within Corporate Solutions, working in international deal teams
• Participate in special assignments as required, bringing your expertise to cross-functional initiatives

About You

You're a technically strong underwriter with excellent market connections and a passion for building relationships. You thrive in a dynamic environment where you can apply your analytical skills and industry knowledge to create innovative solutions. Your self-motivation and independent working style are balanced by your collaborative approach and commitment to teamwork.

We are looking for candidates who meet these requirements:

• Experience of Directors & Officers (D&O) underwriting with demonstrated technical proficiency
• Established network of UK D&O brokers and commercial institution clients
• Strong negotiation and analytical skills with a focus on service orientation
• Excellent interpersonal and communication abilities, with proven relationship-building capabilities
• Advanced organizational and time-management skills to handle multiple priorities effectively

These are additional nice to haves:

• Experience with multinational policy capabilities and international markets
• Knowledge of additional management liability products beyond D&O
• Proficiency with underwriting systems and digital tools
• Experience in mentoring or developing junior team members
• Strong IT skills for efficient workflow management
• Willingness to travel as required for client/broker meetings #LI-Hybrid

Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week

For London, the annual base salary range for this position is between GBP 63 000 and GBP 95 000 (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. Further 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.

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.

Start your career journey with Swiss Re.