Risk Manager

We are offering a unique opportunity to join the P&C Re EMEA Risk Management team, reporting to the Chief Risk Officer of Swiss Re Europe and Head of P&C EMEA Risk Management in Luxembourg and work closely with the CRO of SRE UK Branch. In this role, you will contribute to the risk oversight of EMEA P&C Market Units, working on a broad range of underwriting and business risks.

About the Role

As Risk Manager EMEA, you will play a pivotal role in the risk oversight of EMEA P&C Market Units, working on a broad range of underwriting and business risks. Reporting to the Chief Risk Officer of Swiss Re Europe and Head of P&C EMEA Risk Management, and working closely with the CRO of SRE UK Branch, you will gain unparalleled exposure to Swiss Re's global risk landscape. This role is part of Swiss Re's NEXT journey — offering access to high-impact initiatives, senior stakeholders, and real opportunities to shape the future of risk management.

Key Responsibilities

Strategic & Portfolio Oversight

• Evaluate the P&C Re EMEA underwriting strategy at portfolio level and contribute to the global risk view on business strategy
• Review the execution of strategic plans across EMEA, considering regulatory, geopolitical, and market trends

Transaction & Risk Reviews

• Assess large and complex P&C transactions in EMEA from both quantitative and qualitative risk angles, influencing decisions at business unit and legal entity levels
• Lead or contribute to insurance risk reviews for specific EMEA markets or cross-cutting topics in collaboration with other risk teams
• Contribute to the review of material L&H transactions underwritten by Swiss Re Europe and its branches

Operational Risk

• Support the identification and mitigation of operational risks related to underwriting activities

Risk Communication

• Drive impactful internal and external risk communication at Swiss Re Europe and P&C Re Risk Management level
• Bring forward new risk insights based on market developments and ongoing interactions with internal partners

Collaboration

• Work closely with colleagues across Risk Management to ensure consistency, efficiency, and to leverage the full available expertise
• Interact with underwriters, client underwriters, and develop and maintain trusted relationships with Key Risk Takers in P&C Re EMEA (e.g. Market Heads)
• Contribute to and drive risk management activities, strategic initiatives, and projects globally

About the Team

This is an exciting opportunity to be part of a growing Risk Management hub in Luxembourg, bringing together colleagues from different risk disciplines across Swiss Re's global footprint — including EMEA, APAC, and the Americas. We are a highly motivated and diverse team that values collaboration, inclusion, and integrity. Our variety of backgrounds and skill sets enables us to provide broad, high-impact support to our stakeholders. We embrace change as an opportunity, enjoy learning from each other, and believe that a good sense of humour and open feedback culture are essential to our success.

 

About You

We are looking for a motivated professional who brings a strong risk or underwriting background, paired with sharp analytical thinking and a genuine passion for collaboration and continuous learning. You are someone who thrives in a dynamic, international environment, is comfortable navigating ambiguity, and brings both intellectual curiosity and pragmatic execution to everything you do.

We are looking for candidates who meet these requirements:

• P&C (Re)insurance expertise: Solid experience in underwriting or pricing within P&C (re)insurance, with the ability to assess complex transactions from both quantitative and qualitative perspectives
• Analytical excellence: Proven ability to simplify complex issues, identify and prioritise material risks, and translate insights into clear, actionable recommendations
• Challenge mindset: Comfortable giving constructive feedback and acting as a respected challenger.
• Emotional intelligence: Strong interpersonal skills, cultural awareness, and the ability to navigate across styles and geographies.
• Execution & resilience: Self-starter with strong organizational skills and the ability to manage shifting priorities under pressure.
• Team orientation: Energized by teamwork, with a focus on outcomes and creating value.
• Strong written and verbal communication skills, with high attention to detail 

 

For Luxembourg, the base salary range for this position is between 71,000 EUR and 119,000 EUR 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 addition to your base salary, Swiss Re offers an attractive performance-based variable compensation component, designed to recognise your achievements. Further you will enjoy a variety of global and location specific benefits.

Eligibility may vary depending on the terms of Swiss Re policies and your employment contract.

Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week.

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. 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.

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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