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Swiss Re

Marine Underwriter

London
£106k – £158k/yr
Posted about 21 hours ago
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Are you a highly motivated professional looking for an exciting opportunity to make your mark in the world of Marine reinsurance?

Do you have a passion for underwriting and a desire to work in a prominent role where you can demonstrate your expertise and market knowledge? If so, we'd love to hear from you!

About The Role

We are looking for a Marine Underwriter to join our Marine & Energy Treaty team in London.

In this role, you'll take an active part in underwriting Marine treaty reinsurance business, working alongside experienced colleagues to deliver sound underwriting decisions and provide outstanding service to our clients and brokers.

  • You'll have real ownership of your work, the opportunity to strengthen key relationships, and a platform to contribute meaningfully to the continued growth and success of the portfolio.

Key Responsibilities

  • Analyse and assess treaty reinsurance submissions, evaluating exposures, coverage, and pricing to identify and negotiate the best underwriting position for Swiss Re.
  • Underwrite Marine treaty reinsurance business across Cargo, Hull, Liability, Energy, and PVT, including preparing quotations, proposals, wordings, and clauses.
  • Build and maintain strong relationships with clients and brokers, identifying opportunities to deepen existing partnerships and support cross-selling across other lines of business.
  • Contribute to portfolio strategy by supporting Marine portfolio initiatives, market analysis, and underwriting projects.
  • Share technical knowledge and market insights with colleagues, contributing to knowledge-sharing initiatives and supporting the continuous development of the underwriting team.

About The Team

Our Marine & Energy Treaty team is a dynamic and collaborative group of specialists based in London, operating at the heart of one of the world's leading reinsurance markets.

  • We underwrite a diverse and high-quality portfolio spanning Cargo, Hull, Liability, Energy, and PVT, working closely with brokers and clients across the globe.
  • As part of Swiss Re's broader P&C Reinsurance division, we combine deep technical expertise with a commercial mindset to deliver innovative reinsurance solutions. We're also proud of the inclusive and supportive culture we've built along the way.

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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?

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Graduate Consultant — 2026 Scheme

PwC·London, UK
£35,000/yr

Why you're a good match

Strong

Your 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.

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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

We are looking for an open-minded, collaborative, and proactive individual who thrives in a dynamic environment.

  • You'll engage confidently with colleagues, clients, and brokers, bringing strong communication and negotiation skills to every interaction.
  • You take genuine ownership of your work, approach challenges with a proactive mindset, and are committed to continuously developing your technical expertise.
  • You'll bring a strong blend of analytical capability and commercial thinking that enables you to make sound, well-reasoned underwriting decisions.

We Are Looking For Candidates Who Have

  • Around 5–6 years of relevant experience within the insurance and/or reinsurance industry, gained in underwriting, broking, or another market-facing role.
  • Strong analytical skills, with the ability to assess risk, interpret data, and exercise sound commercial judgement.
  • Proven ability to build and maintain relationships with brokers, clients, and internal stakeholders.
  • Experience in Marine, Energy, or PVT insurance or reinsurance is an advantage.
  • A strong commercial mindset, with the ability to identify and capitalise on market opportunities.
  • The ability to manage multiple priorities while maintaining close attention to detail.

Compensation

For the United Kingdom, the base salary range for this position is £106,000–£158,000 for a full-time role.

The Specific Salary Offered Will Take Into Consideration

  • The requirements, scope, complexity, and responsibilities of the role.
  • The applicant's profile, including education, qualifications, expertise, specialisation, skills, and experience.

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Working Model

Our company operates a hybrid working model, with the expectation that you will work from 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. 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: 138637

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Skills

Underwriting
Analytical Skills
Risk Assessment
Data Interpretation
Commercial Judgement
Relationship Building
Negotiation Skills
Marine Insurance
Energy Insurance
PVT Insurance
Portfolio Strategy
Market Analysis
Knowledge Sharing
Client Service
Cross-Selling
Proactive Mindset

Location

London, England, United Kingdom

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