At a Glance
- Tasks: Lead Life & Health underwriting strategy and build strong client partnerships.
- Company: Join Swiss Re, a global leader in reinsurance and insurance solutions.
- Benefits: Competitive salary, performance bonuses, and diverse global benefits.
- Other info: Collaborative team culture focused on professional growth and inclusivity.
- Why this job: Shape the future of underwriting with innovative solutions and technology.
- Qualifications: Proven Life & Health underwriting expertise and strong communication skills.
Are you driven by the vital role and impact that underwriting brings to Life and Health insurance? In this role, you'll have the opportunity to shape Swiss Re's UK & Ireland underwriting philosophy and approach, work with some of the market's leading insurers, and help clients navigate how underwriting is changing. If you bring strong Life & Health underwriting expertise, enjoy building trusted client partnerships, and want to be part of a collaborative team, this could be an exciting next step in your career.
About the Role
We are looking for an experienced Life & Health underwriter to join us as Life & Health Underwriting Portfolio Lead for the UK & Ireland. Reporting to the Head of Underwriting and Claims, UK&I, you will help shape and apply our underwriting philosophy and risk appetite, support strong portfolio management, and provide clear technical guidance to colleagues and clients. You will be a senior voice within the UK & Ireland Underwriting and Claims team, working closely with colleagues from various disciplines both globally and in the UK & Ireland.
Key Responsibilities
- Shape and deliver the UK & Ireland Life & Health underwriting philosophy, including how it is reflected in client support, underwriting guidance and Life Guide - the globally ranked number one underwriting manual in the annual NMG survey.
- Act as a senior technical underwriting expert, providing clear guidance, advice and constructive challenge to colleagues and clients.
- Build trusted, long-term relationships with clients by understanding their challenges and helping them apply underwriting solutions that work in practice.
- Collaborate closely with Underwriting and Claims Portfolio & Proposition Teams, Medical Officers, Pricing, Client Markets and Global teams to support the UK & Ireland market strategy.
- Set underwriting risk appetite and strategy, using sound judgement to shape its direction and ensure alignment with business and client needs.
- Use portfolio insight, claims experience and broader knowledge to inform underwriting decisions and identify opportunities to improve outcomes.
- Represent Swiss Re at client and industry events, sharing underwriting expertise and perspective on emerging issues.
- Guide clients in adopting innovative underwriting solutions, including AI, and support them in building robust risk control frameworks to address emerging challenges.
About the Team
The Life & Health Claims and Underwriting Team is a forward-thinking group that leverages deep experience to maintain a dual focus on strong portfolio outcomes and a future-fit service proposition. The team is dedicated to managing the L&H portfolio and delivering high-quality technical assessments, while harnessing portfolio insights, technology and market trends to design services and solutions that align with clients' strategic goals. We are a collaborative, innovative team committed to making a meaningful difference for our clients and the people they serve.
About You
We are looking for a technically strong and people-oriented underwriting professional who combines deep Life & Health expertise with a genuine passion for client partnership and collaborative working. You are curious, proactive and excited about the future of underwriting - including how data, technology and AI are reshaping the landscape.
We are looking for candidates who meet these requirements:
- Proven Life & Health underwriting expertise, with a strong technical foundation and a solid understanding of what drives portfolio performance and profitability.
- Demonstrated ability to build and maintain trusted client relationships, understanding client challenges and translating underwriting expertise into practical, workable solutions.
- Experience setting or contributing to underwriting risk appetite and strategy, with the confidence to apply sound judgement in complex or ambiguous situations.
- Strong communication skills, with the ability to convey technical topics clearly and practically to both specialist and non-specialist audiences.
These are additional nice to haves:
- Experience collaborating across multidisciplinary teams - including pricing, medical, claims and client-facing functions - with the ability to listen to different perspectives and give and receive constructive challenge.
- Curiosity and enthusiasm for emerging underwriting approaches, including data analytics, AI and digital tools, and how these can improve underwriting decisions and processes while maintaining sound risk management.
- A track record of representing an organisation externally at industry events or in client forums, contributing to thought leadership on underwriting practices and emerging risks.
For London, the base salary range for this grade position is between GBP 84,000 and GBP 126,000 for a full-time role. The specific salary offered considers the requirements, scope, complexity and responsibilities of the role, as well as the applicant's own profile including education/qualifications, expertise, specialisation, skills and experience. In addition to your base salary, Swiss Re offers an attractive performance-based variable compensation component, designed to recognise your achievements. Furthermore, you will enjoy a variety of global and location specific benefits. Eligibility may vary depending on the terms of Swiss Re policies and your employment contract.
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 15,000 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. We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.
Start your career journey with Swiss Re.
L&H Underwriting Portfolio Lead (80-100%) employer: Swiss Re - Schweizerische Rückversicherungs-Gesellschaft
Swiss Re is an exceptional employer that fosters a culture of innovation and collaboration, making it an ideal place for a Longevity Pricing Actuary to thrive. With a commitment to employee growth, the company offers extensive training opportunities and a competitive benefits package, including bonuses and global perks, all within a dynamic and supportive team environment. Working at Swiss Re not only allows you to tackle complex global challenges but also empowers you to make a meaningful impact in the field of longevity risk.
Contact Details:
Swiss Re - Schweizerische Rückversicherungs-Gesellschaft Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land L&H Underwriting Portfolio Lead (80-100%)
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We think you need these skills to ace L&H Underwriting Portfolio Lead (80-100%)
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Swiss Re - Schweizerische Rückversicherungs-Gesellschaft.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Swiss Re - Schweizerische Rückversicherungs-Gesellschaft. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Swiss Re - Schweizerische Rückversicherungs-Gesellschaft
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Swiss Re - Schweizerische Rückversicherungs-Gesellschaft to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
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In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
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As a full-timer at Swiss Re - Schweizerische Rückversicherungs-Gesellschaft, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
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Understanding Swiss Re - Schweizerische Rückversicherungs-Gesellschaft's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
