At a Glance
- Tasks: Lead and shape a global insurance portfolio in engineering and construction.
- Company: Join Swiss Re Corporate Solutions, a leader in risk management.
- Benefits: Competitive salary, performance bonuses, and global benefits.
- Other info: Hybrid work model with a diverse, inclusive team culture.
- Why this job: Make a real impact on international projects and drive sustainable growth.
- Qualifications: 10+ years in engineering underwriting and strong commercial skills required.
Shape the future of risk in the engineering world with Swiss Re Corporate Solutions. Are you an experienced portfolio leader ready to drive and steer an insurance portfolio spanning complex construction, engineering, and renewable energy projects across the globe? Join us in this pivotal role where your technical expertise and strategic mindset will directly influence how major international projects are underwritten, managed and grown.
About the Role
The Engineering & Construction (E&C) portfolio at Swiss Re Corporate Solutions is managed globally by two Level 2 Portfolio Owners: one responsible for the Americas and one for the Rest of the World. Both roles report directly to the Global Head of Engineering & Construction. As Portfolio Owner, Rest of World, you will be at the heart of shaping and executing the global E&C portfolio strategy. You will drive profitable growth, set strategic underwriting priorities, and work in close collaboration with Market Units across France, Germany/Austria, BeNeLux/Nordics, Italy, Switzerland, UK/Ireland, Australia/New Zealand and Asia. You will ensure a consistent underwriting approach while aligning local execution with global objectives and governance standards — making this a truly international and high‑impact leadership role.
Key Responsibilities
- Represent Swiss Re Corporate Solutions at senior levels with key brokers, clients, and industry conferences, building and maintaining high‑value external relationships.
- Co-define and execute the Global E&C portfolio strategy and vision, with a clear focus on driving profitable and sustainable growth.
- Develop and maintain portfolio plans — including business plans, growth targets and capacity allocation — ensuring alignment with strategic objectives and risk appetite; track delivery against plan and adapt as market conditions evolve.
- Monitor and manage portfolio composition, performance trends and exposure concentrations; propose and implement corrective actions where needed.
- Act as senior technical authority on complex underwriting decisions and emerging risk topics across the engineering and construction landscape.
- Drive the development of new solutions to address evolving client needs in the engineering, construction and renewable energy sectors.
- Present financials and strategic topics to senior management on a regular basis, communicating portfolio performance with clarity and confidence.
- Ensure adherence to underwriting standards, risk governance frameworks and portfolio controls across all Market Units in scope.
About the Team
You’ll be joining an international core team with diverse technical backgrounds and a shared passion for engineering and construction risk. While Market Unit Underwriters report into their respective regions, you’ll work closely with colleagues across the global Engineering & Construction and Renewable Energy community. Our team blends deep technical expertise with a strong collaborative spirit, always focused on delivering the best outcomes for our clients. We foster a culture of innovation, knowledge sharing and continuous learning — across borders, disciplines and backgrounds. Whether you’re navigating a complex renewable energy deal or shaping a new underwriting approach, you’ll be supported by a team that values both rigor and creativity.
About You
You are an experienced engineering and construction professional who has successfully built a career in insurance leadership, combining deep technical knowledge with sharp commercial acumen. You are decisive when it matters, collaborative by nature and passionate about developing talent and fostering an inclusive team culture. You bring a strategic vision that is matched by your ability to execute, and you thrive in complex, international environments where no two days are the same.
Requirements
- University degree in an engineering discipline (civil, mechanical, chemical or process engineering) or comparable qualification, with a strong affinity for the engineering and construction industry.
- Minimum 10 years of engineering underwriting experience with a primary insurance or reinsurance company, including demonstrated expertise in complex risk assessment.
- Fluency in English, with a strong command of international Engineering & Construction policies, wordings and contractual frameworks.
- Strong experience in data analytics and portfolio steering, with the ability to translate data insights into decisive strategic actions.
- Proven commercial and stakeholder management skills, with a track record of engaging and influencing senior internal and external stakeholders in an international context.
- Significant experience in underwriting Renewable Energy, with a strong preference for expertise in underwriting off‑shore renewables.
Nice to Have
- MBA or postgraduate degree in economics, finance or business administration.
- Broad global network with corporate clients and brokers in the E&C or renewable energy space.
- Experience working with international, cross‑functional teams and experience managing insurance portfolios.
Hybrid Work Model
Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week.
Compensation
For London the annual base salary range for this position is between GBP 172,000 and GBP 258,000 (for a full‑time role). The specific salary offered considers the requirements, scope, complexity and responsibilities of the role and 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. You will also enjoy a variety of global and location‑specific benefits.
About Swiss Re Corporate Solutions
Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance‑based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime. Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, while our industry‑leading claims service provides them with additional peace of mind.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces 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.
Portfolio Owner - Engineering & Construction Underwriting (RoW) (Hybrid - 80-100%) in London employer: Swiss Re - Schweizerische Rückversicherungs-Gesellschaft
Swiss Re Corporate Solutions is an exceptional employer, offering a dynamic and inclusive work culture that fosters innovation and collaboration among its diverse team. With a strong focus on employee growth, you will have access to global opportunities and the chance to shape the future of risk in engineering and construction. Located in London, you will benefit from a competitive salary, performance-based compensation, and a hybrid work model that promotes work-life balance while engaging with international clients and projects.
Contact Details:
Swiss Re - Schweizerische Rückversicherungs-Gesellschaft Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Portfolio Owner - Engineering & Construction Underwriting (RoW) (Hybrid - 80-100%) in London
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We think you need these skills to ace Portfolio Owner - Engineering & Construction Underwriting (RoW) (Hybrid - 80-100%) in London
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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