Swiss Re

Engineering Underwriter (Hybrid;m/f/x/d;80-100%)

Swiss Re  •  Zürich, CH (Remote)  •  2 days ago
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Job Description

Are you passionate about engineering risk and ready to make your mark in the world of reinsurance? Whether you're building on a strong foundation of experience or eager to grow into the role, Swiss Re's Engineering underwriting team in Zurich wants to hear from you.

About the Role

This is your opportunity to be at the heart of one of the world's most dynamic reinsurance markets. As an Underwriter Engineering, you will develop and manage engineering treaty and facultative reinsurance business with a focus on the French market, while supporting other EMEA markets. You'll work alongside a talented, internationally diverse team, bringing technical expertise and creative thinking to complex risk challenges — and helping Swiss Re's clients build a more resilient world. We are open to level of experience which will be evaluated during the recruitment process — what matters most is your curiosity, drive, and commitment to excellence.

Key Responsibilities:

  • Underwrite Engineering treaty and facultative business with a primary focus on France, including technical and actuarial assessment, wording review, and negotiation with clients
  • Conduct post-underwriting activities such as risk surveys, portfolio reserve setting, treaty and facultative account servicing, and claims support
  • Source and develop new Engineering business by deepening relationships with insurance companies and brokers, positioning Swiss Re as the preferred partner for engineering solutions — including decennial insurance, construction and infrastructure, parametric covers, and renewable energy
  • Strengthen Swiss Re's leading position in the French engineering reinsurance market in line with company strategy
  • Deliver competent and responsive client service, including advice, special acceptances, training sessions, and workshops Drive product innovation by partnering with clients to craft tailored, client-specific solutions
  • Enhance Swiss Re's external visibility on Engineering topics through market events, publications, and social networks
  • Collaborate across business units to identify and develop new business opportunities in Transactions and Solutions
  • Contribute actively to the Swiss Re Global Engineering community through knowledge sharing, special projects, and research initiatives
  • Support the implementation of strategic initiatives for the Special Lines business

About the Team

We are a large international Global Engineering team with presence in 14 offices around the world. Our task is to conduct risk assessments and develop reinsurance solutions for our insurance clients. Our team has a wide range of different technical and scientific backgrounds and experiences complemented by a strong team spirit. In addition, our team develops new and creative solutions for our clients that address the newest technological developments and how these shape our client's risk profiles.

About You

You are an intellectually curious and client-focused professional who thrives in a collaborative, fast-paced environment. You bring strong analytical thinking, excellent communication skills, and a genuine enthusiasm for technical topics. You are comfortable navigating ambiguity, making decisions under pressure, and building lasting relationships with clients and colleagues alike. Whether you are early in your reinsurance career or bring years of expertise, you are motivated to learn, grow, and contribute meaningfully to the team.

We are looking for candidates who meet these requirements:

  • University degree in a scientific or commercial field; Engineering, Actuarial, or Computer Science qualifications are a strong advantage
  • Experience in the (re)insurance industry, ideally in treaty underwriting — we welcome candidates with 3+ years of experience as well as those earlier in their careers who demonstrate strong potential
  • Proficiency in English and French (written and spoken), as these are essential for client and market engagement

These are additional nice to haves:

  • Experience in client markets and other lines of business
  • Strong analytical skills and proficiency with common IT applications
  • Familiarity with engineering lines such as decennial insurance, construction, infrastructure, parametric covers, or renewable energy
  • High interest and ability to engage with complex technical topics
  • Willingness to travel moderately for client and market engagements
  • Additional language skills beyond English and French
  • Proven ability to work under pressure and make sound decisions in ambiguous situations
  • Experience contributing to knowledge-sharing initiatives or cross-functional projects

For Switzerland, the base salary range for this position is between 100,000 CHF and 150,000 CHF 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. Furthermore, 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. Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week.

About Swiss Re

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 15,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace 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.

We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.

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Reference Code: 139113
Swiss Re

About Swiss Re

The Swiss Re Group is a leading wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. Dealing direct and working through brokers, its global client base consists of insurance companies, mid-to-large-sized corporations and public sector clients. From standard products to tailor-made coverage across all lines of business, Swiss Re deploys its capital strength, expertise and innovation power to enable the risk taking upon which enterprise and progress in society depend.

Founded in Zurich, Switzerland, in 1863, Swiss Re serves clients through a network of over 70 offices globally and is rated "AA-"​ by Standard & Poor's, "Aa3"​ by Moody's and "A+"​ by A.M. Best. Registered shares in the Swiss Re Group holding company, Swiss Re Ltd, are listed in accordance with the Main Standard on the SIX Swiss Exchange and trade under the symbol SREN.

We're smarter together.

For more information about Swiss Re Group, please visit: www.swissre.com, follow us on X @SwissRe and subscribe our YouTube channel @swissretv.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Zurich, CH
Year Founded
Unknown
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