Medical Reinsurance Underwriter

Swiss Re Armonk , NY 10504

Posted 3 months ago

Medical Reinsurance Underwriter

About Swiss Re

The Swiss Re Group 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. It anticipates and manages risk from natural catastrophes to climate change, from ageing populations to cybercrime.

The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 80 offices globally. It is organized into three Business Units, each with a distinct strategy and set of objectives contributing to the Group's overall mission.

About The Role:

In this position you will provide support for the full spectrum of US Medical Reinsurance underwriting services, including client relationships, deal pre-qualification & underwriting, reinsurance agreement structuring, and ongoing account maintenance. As a new line of business for Swiss Re, you will also support strategic planning, financial reporting and marketing efforts for US Medical Reinsurance.

Conduct all aspects of deal underwriting, including client solutions, discussing options, negotiating terms, and managing in-force treaties.

Handle internal referrals as required by guidelines

Work closely with actuaries to deliver technical support to clients and manage financial results

Monitor and track account and line of business level profitability levels

Manage new business and renewal contract negotiations

Coordinate claims, medical management and other SR support functions to assure excellent client and administrative support

Support the development of the Annual Plan and projections

About The Team:

Client Support:

Identify potential health clients using existing market knowledge and available internal and published client information

Engage with existing and potential clients to build relationships and market Swiss Re's services

Participate in client discussions regarding all account matters

Construct financial scenarios for client discussions

Compliance and Controlling:

Ensures compliance with all Swiss Re guidelines, underwriting and pricing parameters, best practices as well as Code of Conduct

Support GIA, Business Risk Review and other internal audits of the line of business

Maintain adequate documentation to support underwriting decisions and demonstrate adherence to guidelines

About You:

Education Background:

Bachelor's degree or higher

Medical product underwriting training

Actuarial experience or designation a plus

Professional experience:
10 years of underwriting or account management practice in insurance and/or reinsurance
5+ years of recent health industry/insurance/managed care experience

Minimum 3 years experience as a client manager or representative

Leadership qualities:

Entrepreneurial and strategic thinker focused on delivering results.

Comfortable talking through issues with clients and persistent in finding solutions that promote Swiss Re values and services

Motivational skills and ability to promote teamwork and cooperation across business units, countries and functions.

Excellent sales, negotiation, influencing and presentation skills; executive presence.

Communicative personality with well developed written and oral communication as well as negotiation skills;

Interest in the production of a high quality product and speedy, courteous delivery to market;

Proficient in Lotus Notes, Word and Excel as well as the ability to quickly learn sophisticated pricing and administrative tools;

Working in a dynamic, entrepreneurial team which is embedded in a large, globally operating leader in its field, committed to excellence and advancement

Other requirements:

Excellent written and oral communication skills in English required.

Demonstrated initiative, pragmatism, and business judgment.

Multilateral thinking and acting.

At ease with leaving the comfort zone and performing under pressure.

Open minded, trustworthy and enthusiastic



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Medical Reinsurance Underwriter

Swiss Re