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, hybrid work model, and performance-based bonuses.
- Other info: Inclusive culture that values innovation and diverse perspectives.
- 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%) 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 diverse teams. With a strong focus on employee growth, you will have access to global opportunities and resources to develop your career in the engineering and construction insurance sector. 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 Detail:
Swiss Re - Schweizerische Rückversicherungs-Gesellschaft Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Portfolio Owner - Engineering & Construction Underwriting (RoW) (Hybrid - 80-100%)
✨Tip Number 1
Network like a pro! Attend industry events, conferences, and meet-ups to connect with key players in the engineering and construction space. Building relationships can open doors that a CV just can't.
✨Tip Number 2
Show off your expertise! Prepare to discuss your past projects and successes in detail during interviews. Use specific examples to demonstrate how your strategic mindset has driven growth in previous roles.
✨Tip Number 3
Be proactive! Don’t wait for job openings to be posted. Reach out directly to companies you admire, like Swiss Re, and express your interest in potential opportunities. A little initiative goes a long way!
✨Tip Number 4
Utilise our website! Apply through StudySmarter’s platform to streamline your application process. We’re here to help you land that dream role, so make sure you take advantage of all the resources we offer.
We think you need these skills to ace Portfolio Owner - Engineering & Construction Underwriting (RoW) (Hybrid - 80-100%)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Portfolio Owner role. Highlight your engineering and construction experience, especially in underwriting. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your strategic mindset can drive our global E&C portfolio. Keep it engaging and relevant!
Showcase Your Achievements:Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you've driven profitable growth or managed complex projects. We love seeing quantifiable results!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way to ensure your application gets the attention it deserves. Plus, it’s super easy!
How to prepare for a job interview at Swiss Re - Schweizerische Rückversicherungs-Gesellschaft
✨Know Your Portfolio Inside Out
Before the interview, dive deep into Swiss Re's Engineering & Construction portfolio. Understand the key projects, recent developments, and how they align with global trends in engineering and renewable energy. This knowledge will help you speak confidently about how you can contribute to their strategy.
✨Showcase Your Technical Expertise
Be prepared to discuss your technical background in detail. Highlight specific examples of complex underwriting decisions you've made and how your engineering knowledge has influenced those decisions. This will demonstrate your capability as a senior technical authority in the field.
✨Demonstrate Strategic Thinking
Think about how you would approach developing and executing a portfolio strategy. Be ready to share your insights on market trends and how you would adapt to changing conditions. This shows that you can not only manage but also drive profitable growth.
✨Engage with Stakeholders
Prepare to discuss your experience in managing relationships with brokers and clients. Share examples of how you've successfully influenced senior stakeholders in previous roles. This will highlight your commercial acumen and ability to represent Swiss Re at high levels.
