Engineering Underwriting Analyst - Early Talent 2027

You’ll gain hands-on experience in the complex, multifaceted, and fast-paced world of reinsurance and commercial insurance, rotate into different local teams, and receive tailored training to build your expertise. This is your opportunity to shape your career, help protect societies from the world’s most threatening hazards, and contribute to making the world more resilient.

About the Engineering Underwriting Role:

As an Engineering Underwriting Analyst in the Swiss Re Graduate Programme, you will develop a 360 view of Engineering and Specialty Reinsurance with a particular focus on complex risks across the US and Latin America.

Working alongside experienced underwriters, engineers, and risk professionals, you will analyze complex risks, contribute to underwriting decisions, and help solve real business challenges from day one. You will benefit from structured training, mentoring, regular coaching, and exposure to senior leaders. By the end of the programme, you will have developed a broad understanding of underwriting, portfolio management, claims, client engagement, and risk assessment while establishing the foundation for a specialized career within Swiss Re.

Your responsibilities will include:

• Review and assess risk factors for project applications across a broad range of industries, including (but not limited to) infrastructure, civil engineering, mechanical engineering, electrical and electronics engineering, power generation, renewable energy, industrial engineering, biochemical and chemical engineering, environmental engineering, and naval or marine engineering
• You’ll work to assess emerging risks and critical projects such as semiconductor plants, data centers, battery manufacturing, hydrogen power generation, and more
• Review technical reports, project information, coverage terms, loss history, financial information, natural catastrophe exposures and market trends
• Analyze risk information, including engineering inspection reports or other technical assessments, coverage information, loss history, financial statements, and market trends, to prepare and propose informed decisions on policy acceptance or rejection
• Calculate appropriate premiums within company guidelines based on risk assessment, natural catastrophe exposures, and coverage provided
• Collaborate with brokers, clients, and internal stakeholders to develop a well-rounded underwriting view of each risk
• Participate in client meetings, broker discussions, marketing events, and projects as your experience grows
• Support risk selection, pricing, and underwriting recommendations within company guidelines and with guidance from senior underwriters
• Active involvement in a cross-functional project to gain an end-to-end understanding of the underwriting value chain including portfolio steering

By working directly in the business, you will broaden and deepen your skills and expertise across key functions, including underwriting (Property, Casualty, Specialty), claims handling, client management, portfolio steering, and data analytics.

About the Team:

The Global Engineering team provides reinsurance solutions for complex construction, infrastructure, energy and industrial projects around the world. Working alongside experienced underwriters and engineers, you’ll gain exposure to industries such as renewable energy, power generation, transportation infrastructure, advanced manufacturing, semiconductor facilities and data centers. You will focus on North America and Latin America. This team provides key insights and maximizes our impact on client needs across the region, specializing in reinsurance for construction projects, civil infrastructure, industrial power generation, renewable energy, and other complex engineering risks.

You will join a global team with diverse professional and technical backgrounds in 14 of our offices around the world. Global Engineering is part of Specialty within Property & Casualty Reinsurance, which is the largest business unit of Swiss Re. The team combines technical expertise, risk assessment, portfolio management and global market knowledge to support clients undertaking some of the world’s most critical and innovative projects. You’ll have opportunities to collaborate across regions and contribute to underwriting decisions that help organizations navigate emerging risks and technological change.

We’re looking for intellectually curious, motivated early-career talent who are completing or have recently completed a university degree and want to grow, learn, and make a difference. Undergraduate and graduate candidates will be considered. If you have no more than three years of professional experience and fit this description, please apply for our rotational Swiss Re Graduate Programme, which starts Fall 2027., We are looking for people who:

Have completed, or are about to complete, a bachelor’s, master’s, or doctoral degree in Engineering, Risk Management & Insurance, Data Analytics, or another quantitative discipline

Have demonstrated academic rigor through course selection and performance; a cumulative minimum GPA of 3.0 is expected

Have no more than three years of professional experience

Are fluent in English and Spanish, with strong written and verbal communication skills

Are intellectually curious about engineering risks, emerging technologies, infrastructure development, and the evolving global risk landscape

Build strong relationships and adapt their communication style to collaborate effectively with clients, brokers, engineers, and colleagues across teams, cultures, and geographies

Communicate clearly and confidently with both technical and non-technical audiences

Take ownership and demonstrate integrity, sound judgment, initiative, and attention to detail

Are curious about AI and emerging technologies and how they can enhance underwriting analysis, risk assessment, and decision-making

Are willing to travel

The base salary for this role is $70,000. Candidates with advanced degrees may be eligible for a higher base compensation. Please note that the compensation details listed reflect the base salary only and do not include short-term incentives or other benefits offered.

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.