Direct & Facultative Senior Underwriter Property/Downstream

Company Description

PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.

Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with solutions tailored to their needs, delivering superior returns to our owner, providing rewarding opportunities for our people and making a positive contribution to society. To achieve this, we live by our values of Integrity, Performance, Collaboration, Straightforward Communication and Respect and Care.

Core to The PartnerRe Experience is our global nature. No matter where you sit in the company, you are part of something bigger. Our teams represent our truly international mindset, forging connections across office locations and all levels of the organization and building a network of mutual success. The result is a day-to-day experience that will allow you to:

Shape your own career

Grow in a supportive environment

Connect with a community of experts

Make an impact

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We are looking for a Senior Direct & Facultative Underwriter to join our Property & Downstream underwriting team in Zurich or London. This is an exciting opportunity to become part of a very experienced and successful underwriting team that is looking to add further talent to its ranks.

Your Role

You will be responsible for direct & facultative underwriting and marketing of global property & downstream, ensuring effective risk assessment, client and broker engagement.

Key Responsibilities:

• Drive the acquisition and growth of a profitable direct & facultative portfolio across designated lines of business and markets.
• Conduct comprehensive analysis of direct & facultative submissions, including technical risk assessments, pricing evaluations, catastrophe exposure reviews, and detailed evaluation of slips, wordings, clauses, and reinsurance agreements.
• Engage effectively with our global network of brokers and insured clients to foster strong business relationships.
• Lead negotiations on terms and conditions with international brokers to secure optimal, solution-oriented outcomes.
• Collaborate actively with internal stakeholders including accounting, claims, wording specialists, catastrophe modelling, legal, compliance, and treaty underwriting teams.
• Manage administrative underwriting responsibilities such as reviewing and processing contractual documents, monitoring premium flows, and ensuring data quality.
• Perform regular portfolio reviews and in-depth analyses to support strategic decision-making and continuous improvement.

Your Profile

• At least 7 years of direct and facultative underwriting experience within the assigned lines of business and markets.
• Strong expertise in the corporate downstream and/or property insurance and facultative reinsurance landscape, with a deep understanding of market dynamics.
• Thorough knowledge of insurance coverage structures and policy specifics.
• Solid grasp of actuarial pricing methodologies and the ability to engage in technical pricing discussions.
• Excellent communication skills, with fluency in English (written and spoken); additional language skills are a plus.
• Proven ability to negotiate effectively, develop tailored solutions, and build lasting relationships with brokers and clients.
• Strong interpersonal and collaboration skills, with the ability to work seamlessly across internal teams and with senior management.

This is an exciting opportunity to contribute to a dynamic, global underwriting team while driving innovation and excellence in direct and facultative reinsurance solutions.

Additional Information

PartnerRe provides a working environment in which diversity is valued, where all employees feel welcome, respected, and empowered to perform at their best. We invite you to learn more about D&I at PartnerRe.

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Thank you,

PartnerRe Hiring Team