Credit & Surveillance Analyst

Credit & Surveillance Analyst

Are You Ready to Shape the Future of Credit Risk?

Imagine being at the heart of one of the world's leading reinsurance groups, where your analytical expertise directly influences how Swiss Re navigates complex credit landscapes across the globe. If you're passionate about turning data into decisions and thrive in a dynamic, intellectually stimulating environment — this role was made for you. Based in Bangalore, you'll be part of a globally synchronized team, collaborating with colleagues across Zurich, New York, and Alpharetta to deliver high-quality credit risk oversight on a truly international scale.

About the Role

As a Credit & Surveillance Analyst within our Credit Risk Management (CRM) team, you will play a pivotal role in safeguarding Swiss Re's financial strength and reputation. This is not your average risk role — you'll blend independent credit analysis with cutting-edge data science techniques to build scalable tools, uncover meaningful insights, and support high-stakes decision-making at a senior level. Your work will have real, visible impact across Swiss Re's entire business spectrum.

Key Responsibilities

• Design and implement quantitative tools to enhance scalability, consistency, and insight generation across credit risk assessments
• Apply data science techniques to improve speed, efficiency, and the quality of analytical outputs
• Work with complex datasets to extract meaningful patterns and support robust risk decision-making
• Drive automation initiatives for recurring analyses and reporting processes, freeing up capacity for higher-value, strategic work
• Perform independent quantitative and qualitative credit risk analysis on individual counterparties across the global insurance sector
• Develop and deliver well-reasoned ratings and limit recommendations for senior management decision-making
• Create concise, decision-oriented analysis on complex credit exposures and transaction-related risk assessments
• Monitor credit developments and engage proactively with internal stakeholders on emerging risks
• Develop a solid understanding of financial risk calculations associated with key insurance products and effectively communicate methodologies to business units

About the Team

Credit risk is woven into the fabric of the Swiss Re Group — spanning credit counterparty risks embedded in structured transactions across Property & Casualty and Life & Health reinsurance, Alternative Risk Transfer solutions, Asset Management investment strategies, Credit & Surety underwriting activities, and corporate finance operations including custodial, banking, and derivatives counterparties.

The CRM Insurance team is the specialist unit responsible for identifying, measuring, monitoring, and controlling credit default and migration risk on insurance counterparties. We ensure that Swiss Re's credit risk profile remains transparent to management and appropriately aligned with its risk appetite. Our team members are based across Zurich, New York, Alpharetta, and Bangalore, working in close collaboration across time zones to deliver consistent, high-quality risk oversight on a global scale.

About You

You are a quantitatively-minded professional who finds energy in transforming complex data into clear, actionable insights. You bring proven analytical capabilities alongside strong communication skills — able to translate technical findings into compelling business recommendations. Naturally curious and detail-oriented, you thrive in collaborative environments where your work has real, visible impact. You approach challenges with intellectual rigor, embrace continuous learning, and are energized by the opportunity to contribute to a globally respected risk management function.

We Are Looking for Candidates Who Meet These Requirements:

• Strong quantitative and analytical background with solid academic credentials in a relevant field such as Finance, Economics, Mathematics, Statistics, or a related discipline
• Proven hands-on experience designing and implementing production-ready analytical tools or data-driven frameworks in a business or risk environment
• Advanced programming skills in Python, R, or Power BI, with demonstrated ability to deliver scalable solutions
• 2–5 years of relevant experience in financial risk assessment, data analysis, or related fields
• Excellent communication skills with the ability to present complex technical findings clearly to both technical and non-technical audiences

These Are Additional Nice to Haves:

• Experience in credit risk assessment, capital markets analysis, or financial institutions coverage
• Knowledge of credit rating methodologies and risk assessment frameworks
• Familiarity with financial statement analysis and credit modeling techniques
• Experience working within a global or matrix organization
• Professional certifications such as FRM, CFA, or similar

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 every day to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime, covering both Property & Casualty and Life & Health.

Combining decades of experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is made possible by the collaboration of more than 14,000 employees across the world.

Our success depends on our ability to build an inclusive culture that encourages fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally — regardless of 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.

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

Document Reference: Swiss Re Careers