Senior P&C Facultative Underwriter
Swiss Re is hiring a Senior P&C Facultative Underwriter in Bogotá, Colombia. Level rates it ; you can apply on Swiss Re.
Level's read on this job
- Little AI ●○○○ is how Level rates this role: aI is not part of the work.
- Level classifies it as a senior role.
- Level lists 240 other open roles at Swiss Re.
AI in this role
About the Role
We are seeking an experienced Senior P&C Facultative Underwriter to drive profitable portfolio growth, create new business opportunities, and strengthen strategic client relationships across the Andean Region.
As a senior member of the facultative underwriting team, you will exercise broader underwriting authority, contribute to portfolio strategy, and act as a trusted advisor to clients and brokers. You will work in close coordination with regional underwriting centers and cross-functional teams to identify growth opportunities, provide technical expertise, and support the execution of the regional business strategy.
The territorial scope includes Colombia, Ecuador, Peru, Bolivia, and Chile.
Key Responsibilities
- Contribute to the execution of the Property & Casualty Facultative underwriting strategy for the Andean Region.
- Originate, structure, negotiate, and underwrite profitable facultative transactions across Property and Casualty lines.
- Drive sustainable portfolio growth while maintaining underwriting discipline and portfolio profitability.
- Identify and develop new business opportunities across the region and beyond.
- Build and maintain strategic relationships with key brokers, cedents, and industry stakeholders.
- Act as a trusted advisor to clients by developing tailored risk transfer solutions and delivering value-added insights.
- Evaluate risk exposures, pricing adequacy, contract structures, capacity deployment, and underwriting conditions.
- Review insurance and reinsurance contract wordings with support from legal and wording specialists.
- Monitor portfolio performance and recommend actions to improve profitability and risk quality.
- Conduct market analysis to identify trends, growth opportunities, competitive developments, and emerging risks.
- Track regulatory developments and assess their impact on portfolios and client needs.
- Collaborate with regional and global experts to enhance technical expertise and expand product penetration.
- Support regional planning, forecasting, and business development initiatives.
- Promote best practices and ensure compliance with underwriting standards, risk appetite, and governance requirements.
- Mentor and support junior underwriters through technical guidance, coaching, and knowledge sharing.
- Represent the company in client meetings, industry events, and strategic market engagements.
- Collaborate with cross-functional teams to deliver integrated solutions and enhance client outcomes.
About the Team
We are a client-centric and results-oriented team with underwriting and origination roles, where drive, collaboration, and passion are key pillars. We are well embedded in and part of Swiss Re's landscape of cross-functional teams serving clients and markets in an entrepreneurial and comprehensive fashion.
About You
- Proven experience of 7 + years in Property re/insurance underwriting, (experience in Casualty is a plus)
- Strong facultative underwriting experience in Property (experience in Casualty is a plus)
- Demonstrated track record of successfully originating and closing new business opportunities.
- Deep understanding of underwriting, pricing, contract structures, and portfolio management.
- Knowledge of Andean insurance and reinsurance markets and regulatory frameworks.
- Ability to negotiate complex transactions and manage senior-level client relationships.
- Strong commercial and market development capabilities.
- Fluency in Spanish and English, additional languages appreciated.
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.
Keywords:
Reference Code: 139500
How we rate this
Senior P&C Facultative Underwriter at Swiss Re rates 35 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.
Little AI. AI is not part of the work.
- ●●●● Builds AI80 to 100
- ●●●○ Works on AI60 to 79
- ●●○○ Uses AI40 to 59
- ●○○○ Little AI0 to 39
Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.
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