At a Glance
- Tasks: Drive high-quality underwriting assessments and shape strategic direction in Life & Health insurance.
- Company: Join Swiss Re, a leading provider in reinsurance and insurance with a collaborative culture.
- Benefits: Competitive salary, performance-based bonuses, and global benefits tailored to your needs.
- Other info: Dynamic team environment with opportunities for mentorship and career growth.
- Why this job: Make a real impact in the insurance industry while working with innovative technologies.
- Qualifications: Extensive L&H underwriting expertise and strong communication skills required.
The predicted salary is between 60750 - 74250 £ per year.
Are you a seasoned Life & Health underwriting professional ready to make a real impact? Do you thrive at the intersection of technical excellence, client strategy, and portfolio innovation? If so, this could be the role you've been waiting for. At Swiss Re, we're looking for a Senior Underwriting Consultant to join our dynamic team in London — someone who brings deep expertise, sharp commercial thinking, and a genuine passion for shaping the future of L&H insurance.
As a Senior Underwriting Consultant, you will play a pivotal role in driving high-quality technical underwriting assessments while contributing to the strategic direction of our Life & Health portfolio. You will be a trusted advisor to our clients, translating complex risk insights into clear, commercially impactful solutions. This is a role for someone who is equally comfortable diving deep into technical analysis and engaging confidently at senior levels of client organisations.
Key Responsibilities
- Lead and deliver high-quality technical underwriting assessments across a diverse Life & Health portfolio, ensuring rigorous risk selection and sound decision-making.
- Drive portfolio outcomes by monitoring performance, identifying trends, and proactively managing risks and opportunities within the book of business.
- Translate technical underwriting insights into clearly articulated, commercially compelling proposals that highlight benefits and impacts for clients.
- Engage strategically with clients at all levels, providing expert guidance on both operational and strategic underwriting matters.
- Leverage market intelligence, portfolio data, and emerging technology trends to develop innovative services and solutions aligned with clients' strategic goals.
- Lead and contribute to projects and initiatives, taking accountability for driving tasks through to completion while fostering collaboration across the team.
- Anticipate and mitigate potential risks and opportunities, drawing on a strong awareness of market and portfolio dynamics.
- Support the development of a future-fit service proposition, contributing to the evolution of underwriting practices and client offerings.
- Collaborate with and mentor colleagues, sharing expertise and contributing to a high-performing, inclusive team culture.
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
You are a highly motivated and passionate Life & Health underwriting professional who thrives on the challenge of risk selection and client partnership. You bring a strong sense of accountability — you take ownership of projects and drive them to completion — while remaining a collaborative and supportive team player. You are commercially astute, intellectually curious, and energised by the opportunity to shape both the operational and strategic dimensions of client relationships. You communicate with clarity and confidence, making complex technical concepts accessible and compelling to a wide range of audiences.
We are looking for candidates who meet these requirements:
- Extensive L&H underwriting expertise in Life & Health insurance underwriting, demonstrating a strong track record of sound risk selection and portfolio management.
- Deep technical underwriting knowledge across a broad range of Life & Health products, with the ability to deliver rigorous, high-quality assessments independently.
- 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 engaging at senior levels, with strong relationship management and influencing skills.
- Awareness of and interest in emerging technologies, digital tools, and market trends shaping the future of L&H underwriting and insurance services.
- Proven experience leading or contributing to strategic projects or initiatives within an underwriting environment.
- Strong analytical skills with the ability to interpret portfolio data and translate insights into actionable strategies.
For London, the base salary range for this position is between GBP 56,000 and GBP 84,000 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.
Senior Underwriting Consultant in London employer: Swiss Re
Swiss Re is an exceptional employer, offering a dynamic work environment where actuaries can thrive in their careers while leading innovative reinsurance pricing solutions. With a strong focus on collaboration and employee development, the company provides ample opportunities for professional growth and a hybrid work model that promotes work-life balance. Located in the UK & Ireland, Swiss Re fosters a culture of inclusivity and support, making it an ideal place for those seeking meaningful and rewarding employment in the Life & Health sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriting Consultant in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Swiss Re). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Swiss Re. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Senior Underwriting Consultant 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.
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. 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
✨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 to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
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!
✨Prepare for Behavioural Questions
As a full-timer at Swiss Re, 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.
✨Know the Company Culture Inside Out
Understanding Swiss Re'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.
