Underwriter - or Senior Underwriter - FinPro - CorSo

About The Team:

You will be joining a team that has extensive knowledge in the national D&O marketplace, and one that works closely with clients to provide tailored insurance solutions. The team colleagues are made up of professionals with financial and underwriting expertise and a wealth of experience in the Executive Risks insurance sector. Collaboration amongst team members is our differentiator so that we focus and deliver on stellar insured-centric service.

About The Role:

We are looking for a pro-active, highly motivated and result-oriented Underwriter (or Senior Underwriter) to join the Professional & Financial Services (FINPRO) team within Corporate Solutions.

This is an underwriting position for someone with broad experience and established broker connections in the US private and non-profit D&O market. The core focus is on contributing to the result-oriented underwriting of Directors and Officers Liability, Employment Practices Liability and Fiduciary Liability transactions as a (primary and excess) direct insurer and to substantially grow the US private and non-profit D&O book of business.

Your main tasks will be generating new business opportunities by leveraging broker contacts, analyzing and assessing the technical insurability in respect of exposures and coverages, reviewing cover structures, wordings and proposals and preparing quotations. You will be expected to develop a thorough understanding of the client’s requirements and expectations and to participate in discussions and negotiations with Brokers, existing and new Clients. Furthermore, you may contribute to project work, work in international deal teams and accept special assignments as required.

This position is located in Chicago, Illinois. Relocation is not an option.

About You:

• Minimum 3 to 5 years underwriting experience or equivalent for Underwriter level; 7 to 10 years for Senior Underwriter
• In depth knowledge of insurance in the US private and non-profit D&O market
• Network of US D&O brokers and clients
• Technical underwriting background and focus on service orientation
• High level of self motivation and ability to work independently
• Good negotiation and analytical skills
• Good interpersonal and communication skills
• Good organizational and time management skills
• Team player, open-minded
• Willingness to travel
• Strong IT skills

The estimated base salary range for the Underwriter level is $120,000 to $180,000 and the Senior Underwriter level is $160,000 to $200,000. 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.