From Reinsurance to IB (FIG)

Hi every one,

I'm a Reinsurance Treaty underwriter with a solid 6 years in the International Reinsurance space. I have exposure to 16+ countries covering EMEA. With a foreign degree (non US), international experience and 3 languages, I was thinking about shifting to IB and I found FIG very interesting from a distance. I'm not very familiar with the IB market but I'm pretty sure that it's manageable in terms of picking up the necessary skills. 

My role as a reinsurance underwriter includes:

Risk and client selection: I cover non life lines of business, NAT Cat reinsurance solutions, structured solutions and public sector solutions (natural catastrophes insurance schemes for governments)

Decent exposure to C suite level clients.

Developing and managing client/ broker relationship is within my assigned tasks. 

Heavy quant exposure: actuarial and Catastrophe modelers. 

Heavy negotiations and strategy involved. 

For those who are not familiar with reinsurance, we are basically the suppliers of insurance companies. As an underwriter, I allocate capacity to cover insurance companies (my clients) portfolios from specific risks after careful analysis. I work on the design of the deal, negotiation, setting the terms and the finalization of the agreement. The process involves due diligence, profound analysis and actuarial work.

Would my experience make sense ? 

Coming from a different country with the above skill set, would it be possible for me to get in?

How's the work life balance for insurance coverage ? 

is it worth ? I'm a chartered P&C underwriter, i'm always happy to jump back to the market if things don't workout.

I appreciate all the feedback!! thanks!!

2 Comments
 
Most Helpful

Ut veniam doloremque consequuntur sed fugit aliquid et. In cumque corporis alias. Dolorum cum voluptas iste tenetur sit tempora.

Sed in optio natus et id architecto quis. Doloribus similique consectetur fuga placeat totam. Dolores maxime nemo totam atque deserunt nesciunt. Dolor quam dicta et non. Quo illum et rem delectus ipsum.

Amet ab dicta aut quibusdam in magnam. Velit aut suscipit asperiores perspiciatis.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”