Swiss Re
Manager, Underwriting Portfolio Management

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About the Role
As an Underwriting Portfolio Manager, you will deliver analysis, conclusions, and recommendations that shape the underwriting portfolio, inform capital allocation, support capacity decisions, and drive portfolio-steering actions.
This is a hands-on analytical role. You will work directly with underwriting data in Palantir and other analytical platforms to investigate portfolio questions, test hypotheses, assess trade-offs, and translate evidence into clear portfolio recommendations.
You will be expected to form a point of view and remain involved through decision-making, implementation, and impact assessment. The role is not limited to coordinating planning processes, preparing presentations, or commissioning analysis from engineering colleagues.
Key Responsibilities
- Own and deliver the Group’s underwriting portfolio plan, including the Target Liability Portfolio and Group Capital Allocation Strategy, translating Group objectives, risk appetite, financial ambition, and market conditions into explicit portfolio choices.
- Assess portfolio economics, risk, return, diversification, and capital consumption to produce clear capacity, allocation, and steering recommendations.
- Work directly with Palantir and other analytical platforms to test hypotheses, interpret underwriting performance and exposure data, and form robust portfolio conclusions.
- Identify material risks, concentrations, dependencies, and opportunities early enough to drive meaningful management action.
- Translate analysis into specific steering actions, support governance decisions, track implementation, and adjust where outcomes are not being achieved.
- Partner with portfolio engineering, data, and analytics colleagues to improve tools, workflows, and decision-support capabilities.
- Communicate clear recommendations to underwriting, finance, risk, capital management, and senior leadership, while developing team capability across portfolio management, commercial judgment, and analytics.
About the Team
The Portfolio Strategy & Steering team brings together underwriting portfolio management, engineering, data, and advanced analytical capabilities. The team operates as one integrated group with team members holding distinct but complementary accountabilities and jointly responsible for priorities, quality, and impact.
Reasons to use Rodeo
I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?
Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.
Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.
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Graduate Consultant — 2026 Scheme
Why you're a good match
StrongYour economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.
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Why you're a good match
You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
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About You
You combine strong underwriting or portfolio-management judgment with analytical capability and a willingness to work directly with detailed data. You are comfortable moving between granular portfolio analysis and senior-level conclusions. You can identify the important question, test competing explanations, assess trade-offs, and translate evidence into practical action.
You are expected to challenge assumptions and provide a clear point of view, rather than simply reporting results or coordinating stakeholders.
We are looking for candidates who meet these requirements:
- Experience analysing underwriting portfolios and assessing performance, exposure, concentration, diversification, and portfolio risk.
- Understanding of capital allocation, capacity-setting frameworks, risk-adjusted returns, and the trade-offs involved in deploying underwriting capacity.
- Ability to interrogate complex datasets, test hypotheses, and produce decision-ready insight using Palantir or comparable modern data and analytical platforms.
- Strong understanding of underwriting economics, market dynamics, and portfolio management within reinsurance or commercial insurance.
- Ability to synthesise complex analysis into clear conclusions and recommendations for senior stakeholders.
Compensation
For the United Kingdom, the base salary range for this position is between GBP 112,000 and GBP 168,000 for a full-time role. The specific salary offered considers the scope, complexity, and responsibilities of the role, as well as the applicant’s education, qualifications, expertise, skills, and experience.
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.
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. 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.


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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.
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