About the Role
In your role, you will be contributing to the success of Swiss Re's
Facultative growth ambition in Asia Pacific. You are expected to be
proficient in Property underwriting, man-made and NAT CAT modeling, and
possess good knowledge of the re/insurance market. We are also looking for
someone who has a commercial mindset and strong collaboration skills, with
dedication and eagerness to learn.
Key Responsibilities
Provide high quality underwriting support to overseas underwriting desks
for Swiss Re Asia Pacific markets (Japan, South Korea, China, Hong Kong,
Taiwan, Singapore, Southeast Asia, India & India sub-continent,
Australia and New Zealand), which will include but not limited to:
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Internal underwriting support and risk assessment according to
underwriting guidelines of property single risks
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Operating within Swiss Re's Legal and Permanent Establishment and
regulatory framework
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Costing / risk modelling / pricing support on facultative contracts and
underwriting documentation
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Underwriting analytics support on single risks, facilities and SwiftRe
(on-line platform) business
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Support on offer preparation/drafting, wording/conditions review
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Preparing underwriting assessments by review of risk engineering reports
and inferring the risk quality
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Ad hoc projects on portfolio driven by Underwriting or cross-functional
teams
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Suggest improvements to existing processes, models, tools and drive AI
initiatives relevant to the business
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Maintain defined work quality and turnaround time for risk assessment
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Identify and resolve service issues with internal clients and
stakeholders
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Prepare client/region specific reports and share strategic
inputs/solutions with internal partners
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Collaborate with the underwriting community abroad and business partners
on projects to generate valuable services for Swiss Re
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Provide training, development, and coaching team members on relevant
underwriting topics
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Lead and drive topics/projects/initiatives within the facultative
underwriting community
About the Team
The Bangalore (BLR) Facultative P&C UW Advisory Team is a strategic
offshore operating hub responsible for providing facultative underwriting
support to Swiss Re Asia Pacific markets across Property and Casualty
lines of business. The Hub works closely with overseas facultative desk
underwriters to provide underwriting support on property risks of simple
to medium complexity.
You will get in-depth exposure to Swiss Re's underwriting practice, risk
appetite, risk model platforms, and costing tools, as well as an
opportunity to work with Swiss Re's overseas underwriters! In addition to
your regular responsibilities, you will have the opportunity to contribute
to various projects of strategic importance to Swiss Re Group,
specifically for the APAC region.
About You
We are looking for a motivated and detail-oriented professional who brings
a commercial mindset, a proactive problem-solving aptitude, and a genuine
eagerness to learn. You thrive in a multi-cultural and matrix environment,
take ownership of your work, and are able to deliver strong results with
an innovative approach that constructively challenges the status quo.
We are looking for candidates who meet these requirements:
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Postgraduate/graduate degree preferably in Natural Sciences or a
quantitative field (e.g., Engineering, Statistics, Mathematics,
Econometrics) closely related to these subject areas
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Competency in Property re/insurance underwriting, single-risk
assessment, risk modelling, pricing, contract wording and preparation,
with up to 8–10 years of relevant underwriting experience
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Strong understanding of underwriting methods, reinsurance, tools, and
processes
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Ability to analyze large data sets, draw meaningful conclusions, and
deliver data-driven insights
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Excellent oral and written English skills, with strong communication
abilities across diverse teams
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Strong motivation to learn about re/insurance and overseas markets
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Ability to manage multiple projects and deliver in a timely manner
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Collaborative team player with experience working in multi-cultural
environments
These are additional nice to have:
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Professional qualifications in insurance, e.g., FIII, CII
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Experience in facility/portfolio underwriting analytics
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Proficiency in additional foreign languages
Our company has a hybrid work model where the expectation is that you will
be in the office at least three days per week.