Parametric Underwriter and Product Manager (Hybrid - m/f/x/d - 80-100%)
Zurich, Zurich, CH
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Full Time Mid-level / Intermediate CHF 100K - 150K
Are you ready to pioneer the future of parametric insurance? Join Swiss Re's newly formed Parametric Center of Excellence and leverage your expertise to revolutionize how we approach risk in an increasingly volatile world. This dynamic role sits at the intersection of data science, insurance innovation, and client solutions, offering you the chance to make a significant impact on our global parametric business strategy.
About the Role
As a Parametric Underwriter and Product Manager, you'll play a crucial role in our Parametric Center of Excellence, working with global reinsurance teams to underwrite, develop, and market innovative parametric solutions that address emerging risks and client needs.
Key Responsibilities
- Underwrite NatCat and weather-based parametric covers with precision and market awareness
- Market and sell Swiss Re parametric products to diverse client segments
- Develop and standardize our parametric product offerings in collaboration with peers in cat modeling to ensure consistency and scalability
- Analyze market trends and maintain comprehensive knowledge of the end-to-end (re)insurance value chain
- Drive innovation in Swiss Re parametric tools and data capabilities, including training, global rollout, and adoption
- Engage with treaty clients and brokers to build strong relationships and identify opportunities
- Communicate effectively with internal and external stakeholders in a proactive, transparent, and timely manner
About the Team
The Parametric Center of Excellence operates within Global Specialty – Agriculture & Parametric, embedded in the P&C Reinsurance Business Units. By joining our team, you'll become part of a dynamic group of specialists with profound industry experience, working at the forefront of parametric insurance innovation and implementation.
About You
You're a collaborative problem-solver with an innovative mindset who thrives in fast-paced environments. Your analytical prowess is matched by your business acumen, allowing you to translate complex data insights into valuable client solutions. You excel at building relationships across teams and communicating technical concepts clearly to diverse audiences.
We are looking for candidates who meet these requirements:
- University degree in a quantitative discipline such as Mathematics, Physics, or other suitable Environmental Sciences
- 3-5 years of relevant experience in insurance product development, parametric underwriting, marketing and sales
- Solid understanding of reinsurance underwriting principles and pricing methodologies
- Practical experience working with satellite imagery and meteorological datasets
- Experience in pricing NatCat parametric products
- Advanced-level programming expertise in Python and/or R
- Experience in AI driving product innovation and automation
- Strong analytical mindset with demonstrated data science and problem-solving capabilities
These are additional nice to haves:
- Additional language fluency beyond excellent English communication skills
- Experience working in international, cross-functional teams
- Project management skills with ability to handle multiple priorities
We look forward to your application and exploring how your unique skills can contribute to our parametric insurance journey!
For Switzerland, the base salary range for this position is between CHF 100'000 and CHF 150,000 (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 bonus.
Eligibility may vary depending on the terms of Swiss Re policies and your employment contract.
About Swiss Re Corporate Solutions
Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.
Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces 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.
Keywords:
Reference Code: 134666
Tags: Excel Mathematics Physics Python R
Perks/benefits: Career development Flex hours
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