RE/INSURANCE - Head Facultative Property US

Swiss Re
Chicago, IL

Join a market-leading team at Swiss Re where you'll shape the future of property facultative reinsurance across the US. This executive leadership role offers the opportunity to manage a significant portfolio, drive strategic growth, and represent one of the industry's most respected reinsurers in the market.

About the Role

As Head of Property Facultative US, you'll lead our prestigious property facultative portfolio comprising of our regional, national and complex risks ceded by the largest property writers in the region. You'll be the face of Swiss Re Fac to clients and brokers while playing a crucial role in the Facultative Leadership team, influencing strategy across all facultative products and lines of business.

Key Responsibilities

  • Lead and develop a national team of experienced property facultative underwriters, including direct management of four team leads
  • Set strategic direction for US property facultative business aligned with market conditions and Swiss Re's risk appetite
  • Represent the region on global cross-functional product leadership teams for facultative business
  • Drive portfolio performance through monitoring, steering, and ensuring underwriting quality to meet or exceed financial and operational KPIs
  • Build and maintain relationships through regular travel to FAC offices and client visits.
  • Participate in strategic planning for organizational and operational matters across Swiss Re's facultative products

About the Team

The Facultative team at Swiss Re has a longstanding history and enjoys an excellent reputation in the market with clients and brokers alike. We think and act as one team, across lines of business, products, and underwriting approaches. We spell Collaboration and Inclusion with capital letters. We take pride in helping our clients with our technical expertise, and negotiating deals is our daily passion. In Property Fac, we cater to a wide range of risk complexity and are known as a large capacity provider. Our work is supported by state-of-the-art modeling, costing, and process tools.

About You

You're a respected industry leader who thrives in high-visibility roles and enjoys building strong market connections. Your leadership style motivates teams through clear expectations and outcome-based goals, helping team members develop and advance. You combine entrepreneurial thinking with analytical problem-solving abilities and bring a passion for continuous improvement.

We are looking for candidates who meet these requirements:

  • Technical property underwriting expertise with a proven track record in complex single risk property underwriting and contract wording
  • Leadership experience managing and developing underwriting professionals across multiple locations
  • Strategic business acumen with the ability to analyze market trends and translate them into effective business strategies
  • Financial management skills including P&L responsibility and portfolio performance optimization
  • Strong market presence with established relationships in the US property insurance/reinsurance market

These are additional nice to haves:

  • Prior facultative reinsurance experience
  • Experience working in a global organization
  • Advanced degree or professional designations (CPCU, ARe, etc.)
  • Data analytics capabilities and experience with underwriting tools
  • Experience in managing through market cycles and implementing change initiatives

Our company has a hybrid work model where the expectation is that you will be in the office three days per week. This role is not eligible for either relocation assistance or visa sponsorship.

The estimated base salary range for this position is $208,000 to $330,000. 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.

Posted 2025-09-09

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