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Full-time
bachelor degree, postgraduate degree
Posted 1d ago
~40 hrs/week
Responsibilities
Provide high-quality underwriting support and risk assessment for property single risks across Asia Pacific markets. This includes costing, risk modeling, pricing support, and driving AI initiatives to improve business processes.
Requirements
Requires a degree in Natural Sciences or a quantitative field and 8-10 years of relevant property underwriting experience. Candidates must possess strong analytical skills and the ability to work effectively in a multi-cultural, matrix environment.
Full job description
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:
Internal underwriting support and risk assessment according to underwriting guidelines of property single risks
Operating within Swiss Re's Legal and Permanent Establishment and regulatory framework
Costing / risk modelling / pricing support on facultative contracts and underwriting documentation
Underwriting analytics support on single risks, facilities and SwiftRe (on-line platform) business
Support on offer preparation/drafting, wording/conditions review
Preparing underwriting assessments by review of risk engineering reports and inferring the risk quality
Ad hoc projects on portfolio driven by Underwriting or cross-functional teams
Suggest improvements to existing processes, models, tools and drive AI initiatives relevant to the business
Maintain defined work quality and turnaround time for risk assessment
Identify and resolve service issues with internal clients and stakeholders
Prepare client/region specific reports and share strategic inputs/solutions with internal partners
Collaborate with the underwriting community abroad and business partners on projects to generate valuable services for Swiss Re
Provide training, development, and coaching team members on relevant underwriting topics
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:
Postgraduate/graduate degree preferably in Natural Sciences or a quantitative field (e.g., Engineering, Statistics, Mathematics, Econometrics) closely related to these subject areas
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
Strong understanding of underwriting methods, reinsurance, tools, and processes
Ability to analyze large data sets, draw meaningful conclusions, and deliver data-driven insights
Excellent oral and written English skills, with strong communication abilities across diverse teams
Strong motivation to learn about re/insurance and overseas markets
Ability to manage multiple projects and deliver in a timely manner
Collaborative team player with experience working in multi-cultural environments
These are additional nice to have:
Professional qualifications in insurance, e.g., FIII, CII
Experience in facility/portfolio underwriting analytics
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.
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. We cover both Property & Casualty and Life & Health. 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.
The Swiss Re Group is a leading wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. Dealing direct and working through brokers, its global client base consists of insurance companies, mid-to-large-sized corporations and public sector clients. From standard products to tailor-made coverage across all lines of business, Swiss Re deploys its capital strength, expertise and innovation power to enable the risk taking upon which enterprise and progress in society depend.
Founded in Zurich, Switzerland, in 1863, Swiss Re serves clients through a network of over 70 offices globally and is rated "AA-" by Standard & Poor's, "Aa3" by Moody's and "A+" by A.M. Best. Registered shares in the Swiss Re Group holding company, Swiss Re Ltd, are listed in accordance with the Main Standard on the SIX Swiss Exchange and trade under the symbol SREN.
We're smarter together.
For more information about Swiss Re Group, please visit: www.swissre.com, follow us on X @SwissRe and subscribe our YouTube channel @swissretv.
Offices: Mythenquai 50/60, Zurich, Zurich 8022, CH · Searle St, Cape Town, Western Cape 7925, ZA · 21 W Langford Road, Bengaluru, Karnataka 560027, IN · 1450 Brickell Ave, Miami, FL 33131, US · 175 King St, Armonk, NY 10504, US
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