Senior Special Risks Underwriter - Embedded Insurance …, Zürich (Kreis 11)

Are you a seasoned Embedded Insurance professional with a powerful network, a hunter's instinct for origination, and the expertise to shape the future of a growing global business? If you thrive at the intersection of innovation, relationship‑building, and underwriting excellence—this is your opportunity to make a real impact on a global scale.

About the Role As a Senior Special Risks Underwriter– Embedded Insurance (EI), you will be at the forefront of one of the most exciting and fast‑growing segments in the reinsurance industry. This is not a traditional underwriting role—origination is at the heart of what we expect from you. You will leverage your deep industry network and comprehensive product knowledge (ideally in the Extended Warranty or Travel business area) to identify, originate, structure, and underwrite new EI business opportunities globally, working within a strategic growth framework and in alignment with defined marketing objectives and financial targets.

Key Responsibilities

Drive origination of new business opportunities by actively leveraging your established network of clients, brokers, Third Party Administrators, and ecosystem partners

Identify and develop new business leads across global markets, proactively building and maintaining a robust and high‑quality deal pipeline

Structure and underwrite complex EI schemes, deploying reinsurance capacity in accordance with risk quality standards and underwriting guidelines

Own and manage strategic partnerships end‑to‑end—from initial engagement through negotiation of terms and conditions to ongoing performance monitoring

Build and nurture long‑term relationships with clients, brokers, and partners, positioning Swiss Re as the partner of choice

Define and deliver optimal client solutions by combining deep product knowledge with collaboration across Swiss Re’s global network of specialists and external business partners

Contribute to capability development within the team—product innovation, data science, risk assessment methodologies, and partnership management frameworks

Monitor portfolio performance based on bottom‑line results, market impact, and capability development, ensuring continuous improvement and accountability

Represent Swiss Re at industry events, forums, and client meetings to strengthen brand presence and market influence in this ecosystem

About the Team You will be joining the Special Risks team—a highly motivated and successful group with a global mandate to underwrite EI business within Swiss Re Reinsurance. Based in Zurich or London, the team manages a comprehensive portfolio of Special Risks products and client relationships spanning the globe. Collaboration, agility, and a shared passion for innovation are the hallmarks of how we work. We are looking to strengthen our team with an ambitious, curious, and results‑driven colleague who brings a genuine “can‑do” attitude and places personal and professional development at the forefront.

About You You are a driven, entrepreneurial professional who combines deep Embedded Insurance expertise (ideally in the Extended Warranty or Travel business area) with exceptional origination capabilities and a well‑established industry network. You bring a commercial mindset, a passion for building meaningful relationships, and the ability to navigate complex, multi‑stakeholder environments with confidence and credibility. You are as comfortable working independently as you are collaborating across a global team, and you take full ownership of your results.

Qualifications

Proven origination capabilities: a demonstrated track record of sourcing and converting new business opportunities, backed by a solid and active network of contacts within the EI ecosystem (insurers, distributors, fintechs, retailers, and other embedded insurance players)

Deep Embedded Insurance product knowledge: strong and comprehensive expertise across multiple EI product lines, with the ability to assess risk, structure solutions, and advise clients with authority and confidence

Advanced value‑chain expertise: ability to analyse existing EI value chains and/or build new ones from the ground up, including understanding the roles of all stakeholders from product design through distribution and claims

Minimum five years of underwriting experience and/or an established career in broking, with a significant portion focused on EI (e.g. Extended Warranty)

Advanced relationship‑management and negotiation skills: significant experience managing complex, senior‑level relationships and leading commercial negotiations to successful outcomes

Nice to Have

Experience working in an international or cross‑border environment, with an appreciation for cultural nuances in business development

Familiarity with product development

Existing relationships with third‑party administrators (TPAs), MGAs, or EI platform providers

Additional language skills beyond English—particularly German, French, or Spanish—are a strong advantage

A track record of contributing to team capability‑building, knowledge sharing, or thought leadership in the Embedded Insurance market

Salary and Benefits For Switzerland, the base salary range for this position is between CHF 136,000 and CHF 204,000 for a full‑time role. In addition to your base salary, you may be eligible for an attractive performance‑based annual bonus. Compensation may vary depending on experience, qualification, and the role’s responsibilities.

Equal Opportunity&Diversity Statement Swiss Re is one of the world’s leading providers of reinsurance and insurance‑based risk transfer. We celebrate diversity and are an equal‑opportunity employer. Our inclusive culture encourages fresh perspectives and innovative thinking. We welcome applicants with any background and encourage professionals returning to the workforce after a career break to apply for positions matching their skills.

#J-18808-Ljbffr