Underwriting Associate (Costing Specialist)

Place of work
Mlynské nivy 12, Bratislava
Contract type
Start date
by agreement
Basic wage component (gross) and other rewards
Minimum base salary for this job from 1000 EUR gross/month/full time. Our offer to you may be higher based on your skills and experience and will include additional rewards and benefits.*

Information about the position

Job description, responsibilities and duties

Would you like to be involved in the decision-making during the modeling and costing of the risk and explore the dynamic world of underwriting? Do you want to work in a stimulating and fun environment with extraordinary colleagues and generous benefits? Are you passionate about learning new things?

Imagine, a representative of the biggest American fast food restaurant, or the most famous French car producer, or a British supermarket chain asks Swiss Re to insure all its property worldwide. That would include buildings from little offices and warehouses to big factories and power plants, with all the stock and equipment inside. Every such property is for us a row in an Excel sheet, its location means an exact pin on the map.

Our role is to calculate the expected losses caused by fire or natural catastrophes. We work closely with the underwriters, experts and other departments to produce the risk assessment of a client's portfolio of buildings, other property and loss of income.
These are the main tasks that we perform on daily basis:
• Interpret and adjust non-standard submission data in Microsoft Excel for the risk to be appropriately modeled
• Identify the type of the client's property by reviewing the documents and doing an additional research
• Reflect insurance policy terms and conditions into the costing tools
• Assess risk through our costing models, interpret results and form recommendations for the underwriter
• Be able to prioritize workload in order to meet the deadlines and accuracy requirements
• Own responsibility for timeliness, correctness of any entered figures and individual assumptions made throughout the process
• Support underwriting teams with any other business related tasks and participate in projects or current initiatives
• Offer cross-team support to teams whose core task is entering and maintaining information in systems and tools

About the team
We are a team of around fifteen Underwriting Associates (Costing Specialists) who interact closely with the Property Underwriters in Swiss Re offices in Europe, Middle East and Africa. We like to challenge the status quo and improve every single day. We believe that common sense and real passion for work value more than trained skill. If you share our values, we will be thrilled to welcome you in our team.

Information about the selection process

To apply for this vacancy go to www.swissre.com/careers, login and apply.

Please not that this system us supported only by Internet Explorer(version 7.0 and higher) and Firefox (version 3.0 and higher).

Requirements for the employee

Candidates with education suit the position

Secondary with school-leaving examination
Follow-up/Higher Professional Education
University education (Bachelor's degree)
University education (Master's degree)
Postgraduate (Doctorate)

Language skills

English - Upper intermediate (B2) or German - Intermediate (B1) or French - Intermediate (B1) or Italian - Intermediate (B1)

Personality requirements and skills

• You have a Bachelor's or Master's degree
• You are proficient in English and you can communicate in one of the following languages - German, French or Italian
• You have logical thinking and analytical skills with an eye for detail, you can connect the dots
• You love working in Excel, you don't mind handling bigger data sets
• You take responsibility to deliver timely and accurate business results also during peak times
• You are able to adapt to change and demand in a challenging and fast-growing environment
• You constantly seek for improvements
• You can work both independently and as a team; set priorities to handle several tasks at the same time
• You demonstrate strong interpersonal skills and ability to build and maintain effective working relations with people in a multi-cultural environment both locally and virtually
• You are willing to travel occasionally to attend meetings, seminars, and programs and stay updated with colleagues in other locations

*We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.

We are required by law to disclose basic wage component (minimum salary) for the advertised positions. We carefully consider your professional competencies, qualifications and experience in our compensation package and/or when offering you other positions. Our compensation philosophy is to pay fairly, also considering market situation and the value employees may bring to Swiss Re.


Brief description of the company

As the world's leading reinsurance company, Swiss Reinsurance Company, based in Zurich, Switzerland, we specialize in covering concepts in capital and risk management.
We combine financial strength with experience, knowledge and creative thought to exploit new opportunities in the interests of our clients, staff and shareholders. Opportunities for you. Opportunities for us.
Website: www.swissre.com

Number of employees

1000 an more employees

Company address

Swiss Re Management AG
Mlynske Nivy 12
821 08 Bratislava


Contact person: Jasmina Kerla

ID: 3015239   Dátum zverejnenia: 21.1.2019   Základná zložka mzdy (brutto) a ďalšie odmeny:   Minimum base salary for this job from 1000 EUR gross/month/full time. Our offer to you may be higher based on your skills and experience and will include additional rewards and benefits.*