Location: Munich, DE
About the Role
Is underwriting your passion? Would you like to use and broaden your underwriting knowledge in one of the best reinsurance companies in the world? Does the interaction with clients and brokers excite you?
You will be able to assess a wide range of risk types with your experience and by utilizing state-of-the-art models. Together we build on our partnerships with our clients and share our knowledge, with the objective to bring value for the client and Swiss Re. This role offers you lots of space to develop own ideas and find creative solutions.
Key responsibilities:
* Evaluation, underwriting and conclusion of facultative property insurance business primarily for the German market
* Cooperation with risk-engineering, contracts, client managers as well as treaty underwriters in a cross-functional team
* Developing client and broker relationships to achieve Swiss Re's vision and create value for our clients
* Own underwriting responsibility for dedicated cedents and corresponding portfolios
About the Team
As an integral part of Facultative Europe, we're a diverse and international team of experienced underwriters with long-standing relationships into our markets, building on a very high level of single risks underwriting expertise and with a strong track record. We're looking to complement and strengthen our team with someone bringing experience in underwriting, a fresh view, and innovative ideas as well as an entrepreneurial spirit and energy.
Join our team! We are looking for a highly motivated, ambitious Senior Underwriter Facultative Property for the Munich Desk, covering Austria, CEE, the Netherlands, the Nordics, Germany as well as Switzerland.
About You
Essentials :
* You are building on a professional training / trainee program in the insurance industry ('Versicherungskauffrau/-mann'/'Kauffrau/-mann für Versicherungen und Finanzen') with further qualifications ('Versicherungsfachwirt/in (IHK)', 'Versicherungsbetriebswirt/in (DVA)', 'Technischer Underwriter (DVA)'), a dual study program ('Betriebswirt/in BA'/'Bachelor of Arts – Versicherung') or an University degree related to economics, law or engineering
* 10+ years of experience in broking, insurance, or reinsurance of Commercial and Industrial Property Risks
* Excellent understanding of Single Risk Assessment and Underwriting including direct insurance know-how
* Strong technical skills including industry-specific exposure and business interruption know-how as well as fire protection, and single risk natural hazard/protection fundamentals.
* Strong understanding of property wordings and contract topics
* Good Data analytical skills and interests
* Broad network into the (direct) insurance world (preferably to the German market)
* Excellent verbal and written communication skills, fluent in German and good command of English
Nice to haves:
* You are persistent, pragmatic and strive for solutions
* Good client management skills
* Solid facultative property experience
* You are attracted by working in an international environment and are an outstanding teammate
* Willingness for national travels
Please note that interview process for this role will start in February 2026.
For Germany, the base salary range for this position is between 101 000 EUR and 169 000 EUR 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 the situation where you do not meet all the requirements or you significantly exceed these, the offered salary may be below or above the advertised range. In addition to your base salary, you may be eligible for additional rewards and benefits including an attractive performance-based annual bonus.
Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week