Are you ready to bring your property underwriting expertise to a dynamic market? Join our Caribbean facultative reinsurance team where you'll evaluate complex risks, build strong broker relationships, and contribute to our growing portfolio across diverse Caribbean territories. This role offers the perfect blend of technical analysis and relationship management in a region known for its unique risk landscape.
About the Role
As a Senior Property Facultative Underwriter for the Caribbean region, you will evaluate and price facultative reinsurance submissions while developing strong relationships with cedants and brokers. You'll leverage your technical expertise to make sound underwriting decisions that balance risk and opportunity in this specialized market.
Key Responsibilities
Assess and underwrite complex property and casualty facultative risks across Caribbean territories
Analyze submission data to evaluate exposures, hazards, and pricing adequacy
Develop and maintain strong relationships with brokers, clients, and internal stakeholders
Negotiate terms and conditions for facultative placements that meet profitability targets
Collaborate with claims, actuarial, and other technical teams to enhance underwriting approach
Monitor portfolio performance and contribute to strategic business planning
Mentor junior underwriters and share technical knowledge across the team
Stay current with market trends, emerging risks, and regulatory developments in the Caribbean region
Contribute to process improvements and underwriting tools development
About the Team
The FAC P&C Caribbean team is a highly motivated, high-performance group of technical professionals. Our team combines deep market knowledge with analytical rigor to deliver exceptional facultative reinsurance solutions across the Caribbean region. We pride ourselves on our technical expertise, collaborative approach, and commitment to excellence in all aspects of our work.
About You
You're a detail-oriented underwriting professional with strong analytical skills and a passion for relationship building. You thrive in a fast-paced environment where you can apply your technical knowledge while developing creative solutions to complex risk challenges. Your communication skills allow you to explain technical concepts clearly to various stakeholders, and you're motivated by achieving both individual and team goals.
We are looking for candidates who meet these requirements:
Minimum 5 years of experience in Property facultative underwriting or similar role
Demonstrated knowledge of Caribbean insurance markets and regional risk factors
Strong technical understanding of property risk assessment and pricing
Excellent analytical skills with ability to evaluate complex risk information
Bachelor's degree in Business, Finance, Risk Management, Engineering, or related field
These are additional nice to haves:
Professional insurance designations (CPCU, ACII, or equivalent)
Experience with catastrophe modeling tools (AIR, RMS)
Knowledge of multiple Caribbean territories and their specific risk profiles
Spanish or French language proficiency
Experience in treaty reinsurance or direct insurance underwriting
Background in engineering, construction, or other technical field relevant to risk assessment
The estimated base salary range for this position is $156,000 to $234,000. The specific salary offered for this, or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget. At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation.
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 14,000 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.
Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.
During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.
Keywords: Reference Code: 135734
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Job ID: 80916127
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Net Salary per month
$5,922
Cost of Living Index
78/100
78
Median Apartment Rent in City Center
(1-3 Bedroom)
$4,113
-
$7,305
$5,709
Safety Index
47/100
47
Utilities
Basic
(Electricity, heating, cooling, water, garbage for 915 sq ft apartment)
$140
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$426
$207
High-Speed Internet
$70
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$90
Transportation
Gasoline
(1 liter)
$1.22
Taxi Ride
(1 kilometer)
$2.87
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