In-force Management Expert (Hybrid; m/f/x/d; 80-100%)

Overview

This role provides an excellent opportunity to collaborate with clients and various teams regionally and globally across the entire Property & Casualty (P&C) line of business!

About the Role

The In-force Management Expert & Commutation Specialist works with a high level of autonomy and ownership, acting as In-force Manager for French-speaking markets and for selected Underwriting Portfolios and Market Units in EMEA. You will be responsible for the Commutation and Novation strategy, with a focus on engaging with clients and stakeholders, as well as originating and executing commutation and novation deal opportunities.

In addition, you support and challenge the Product Portfolio Managers and Market Units while jointly taking ownership of portfolio performance, aligned with Reinsurance Smart Circle processes and responsibilities.

Key responsibilities

• Propose, steer and execute portfolio activities, including de-risking liabilities and freeing up capacity for new business through Commutations, Novation and other tools.
• Analyze and interpret financial results under the various valuation methods used within Swiss Re.
• Collaborate with Operations functions to manage and utilize in-force business datasets to enable and conduct portfolio analysis.
• Proactively monitor the P&C Re in-force portfolios to help avoid surprises in business performance.

About the Team

P&C Re Operations is proud to be a culturally diverse team working in a dynamic environment that has a major impact on the strength and performance of Swiss Re’s reinsurance business. The division comprises Claims Management, Technical Accounting, Business Services, Business Excellence (Governance, Data Enabling, Consulting), Transaction Management, and In-force Management.

The In-force Management team focuses on maintaining the portfolio in a healthy state and supports Swiss Re’s P&C business growth objectives in a sustainable manner. We aim to create value in terms of profit, efficiency, control, and benefits for our clients.

You can now become part of this dynamic team. We are an engaged and agile group of individuals with strong financial foresight and a flair for creativity and problem solving. By effectively applying our skills and collaborating across functions, we make a difference for our partners and generate value in our portfolio for both clients and partners.

About You

You are solution-driven, creative and innovative. You are experienced in engaging and negotiating with reinsurance clients. Your strong interpersonal skills have earned you a proven track record in managing diversity and working effectively within a matrix organization. Effective and proactive communication skills, combined with excellent strategic agility, organization and planning, enable you to make sound decisions and implement strategies successfully.

We are looking for candidates who meet these requirements:

• Minimum 4 years of experience in the Property and Casualty (re)insurance industry; experience in Client Management, Underwriting, Portfolio Management, Claims or Actuarial functions is preferred.
• Basic understanding of the world of Legacy.
• Good understanding of clients' financials such as e.g. balance sheet, understanding the needs of our customers being able to originate and negotiate Commutation- and Novation deals.
• Excellent communication skills, as well outside the company.
• Excellent proficiency in Business French, both written and spoken.
• Proactive approach with an independent working style and strong self-initiative.
• Relationship builder who engages with others, establishes commitment, and takes a cross-functional view, while constructively challenging others within and outside Operations.
• Experienced skills in leading colleagues by example and motivation as well as influencing key stakeholders.
• Team and change management experience essential

Remuneration

For Germany, the base salary range for this position is between EUR 70,000 and EUR 116,000 for a full-time role.

The specific salary offered considers:

• the requirements, scope, complexity and responsibilities of the role

• the applicant's own profile including education/qualifications, expertise, specialisation, skills and experience

In the situation where you do not meet all the requirements or you significantly exceed these, the offered salary may be below or above the advertised range. In addition to your base salary, you may be eligible for additional rewards and benefits including an attractive performance-based annual bonus.

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 14,000 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.

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