Underwriting Associate (Costing Specialist)

Place of work
Contract type
Start date
by agreement
Salary offered (gross)
by agreement

Information about the position

Job description, responsibilities and duties

Do you want 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? Are you passionate about learning new things? Did we get your attention?

Core Responsibilities

We support the Underwriters with calculating the expected losses caused by fire or natural catastrophes. You will 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 on time and with high quality.

These are the main tasks that we perform on daily basis:
•Interpret and manipulate 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
•Be responsible for the correctness of any entered figures
•Assess risk through our costing models, interpret results and form recommendations for the underwriter
•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

Decision Making Level/Position latitude
•Associate level position with room to grow and enrich your role
•Own responsibility for timeliness and individual assumptions made throughout the process

Position Scope
Occasional travel may be required to attend meetings, seminars, and programs to learn about new processes and guidelines, acquire new skills, and stay updated with colleagues in other locations

About the team:
We are a team of around twenty Underwriting Associates (Costing Specialists) who interact closely with the Property Underwriters in all Swiss Re offices in Europe, Middle East and Africa.

Requirements for the employee

Candidates with education suit the position

University education (Bachelor's degree)
University education (Master's degree)

Language skills

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

Personality requirements and skills

Education / Professional experience
•Bachelor's Degree/Master´s degree
•Knowledge and understanding of Re-/ Insurance business is a plus
•Relevant job experience not required but advantageous

Other Skills
•Logical thinking and analytical skills, ability to connect the dots, eye for detail
•Profound computer skills and experience with Microsoft Office Package, with focus on Excel (capable of handling bigger data sets)
•Responsibility to deliver timely and accurate business results also during peak times
•Ability to adapt to fast-growing environment, change and demand in a challenging environment
•Ability to work both independently and as a team; set priorities to handle several multiple tasks at the same time
•Strong social skills and ability to build and maintain effective working relations with people in a multi-cultural environment both locally and virtually
•Able to prioritize workload in order to meet the deadlines and accuracy requirements
•Constantly seek for improvements
•Excellent reading comprehension, verbal and written communication skills


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 09 Bratislava


Contact person: Michelle Skrucana

ID: 3015239   Dátum zverejnenia: 7.12.2017