Engineering Underwriting Analyst - Early Talent 2027
Swiss Re ·
- Employment
- Internship
Start your journey towards a rewarding and purpose-driven career!
About Swiss Re's Graduate Programme for Early-Career Talent
We’re looking for intellectually curious, motivated early-career talent who are completing or have recently completed a bachelor’s degree and want to grow, learn, and make a difference. In the US, this opportunity is designed primarily for recent undergraduate talent, though candidates with relevant master’s or doctoral degrees may also 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.
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 while contributing across the underwriting value chain.
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 global critical projects such as semiconductor plants, data centres, battery manufacturing, hydrogen power generation, and more.
- Review technical reports, project information, coverage terms, loss history, financial information, natural catastrophe exposures and market trends.
- Analyse 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 based on risk assessment, natural catastrophe risk, coverage provided, within company guidelines
- Collaborate with brokers, clients, and internal stakeholders to to develop a well-rounded underwriting view of each risk.
- Participate inclient meetings, broker discussions, marketing events, and cross-functional 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-end understanding of the underwriting value chain incl. portfolio steering.
By working directly in the business, you will broaden and deepen your skills and expertise in at least one of the following areas: 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 specifically focus on North America and Latin America regions. 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 & Casaulty 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.
About You:
We are looking for people who:
• Have completed, or are about to complete, a bachelor's degree in Engineering, Risk Management & Insurance, Data Analytics, or another quantitative discipline; relevant master's degrees may also be considered.
• 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.
Please note: Graduate and Intern positions at Swiss Re are not eligible for US work authorization sponsorship.
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.
Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.
During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.
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.
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