15 Oct
|
Swiss Re
|
Bengaluru
15 Oct
Swiss Re
Bengaluru
Job highlights
- Strong expertise in Property / Casualty underwriting,Nat Cat and man-made risk modeling,and a solid commercial mindset are essential
- Risk modeling and assessment in coordination with desk underwriters,including footprint & exposure capture when required
- Experience in leading teams in actuarial,insurance analytics,or underwriting is preferred
About Swiss Re
Swiss Re is one of the worlds 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
At Swiss Re we combine experience with creative thinking and cutting-edge expertise to create new opportunities and solutions for our clients
This is possible thanks to the collaboration of more than 14,000 employees across the world
We offer a flexible working setting where curious and adaptable people thrive The Team The Bangalore (BLR) Facultative 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 is working closely with the overseas facultative desk underwriters to provide underwriting support on facultative risks of simple to medium complexity
You will get in-depth exposure to Swiss Res underwriting practice, risk appetite, risk model platforms, costing tools as well as an opportunity to work with Swiss Re's overseas underwriters and get to understand local market dynamics! 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 APAC region
Role Overview The role involves providing underwriting and analytical support to overseas facultative underwriters, ensuring high-quality, timely services within Swiss Re's guidelines In addition to hands-on underwriting support, you will lead and develop a high performing team of Property/Casualty Facultative specialists, fostering collaboration and professional growth The position also includes responsibilities in underwriting operations management and governance
Strong expertise in Property/Casualty underwriting, Nat Cat and man-made risk modeling, and a solid commercial mindset are essential
This role offers a key opportunity to support in building a strong P&C; Facultative Underwriting support community in Bangalore and contribute to Swiss Re's facultative growth ambitions in APAC
Key Tasks &
- Responsibilities
Lead the Property &
- Casualty (P&C;) Facultative (Fac) underwriting advisory team, ensuring the timely delivery of high-quality underwriting support to Swiss Res Asia Pacific markets, including Japan, South Korea, China, Hong Kong, Taiwan, Singapore, Southeast Asia, India & the Indian subcontinent, Australia, and New Zealand
Lead and inspire a large team by fostering collaboration and driving high performance through solid leadership, teamwork, and effective stakeholder engagement
Provide training, development, and coaching to team members to build underwriting expertise, market knowledge, and effective teamwork within the BLR Fac UW Hub
Work closely with the regional head of Fac APAC (dotted line reporting) to ensure alignment on strategic objectives, operational efficiency, and cross-functional collaboration
Ensure underwriting support aligns with Swiss Res underwriting and operational guidelines, as well as Legal &
- Permanent Establishment and regulatory frameworks
Collaborate with Risk Management and Governance teams to manage operational risks effectively
Deliver high-quality underwriting support to overseas underwriting desks, including but not limited to:
Underwriting support for Property/Casualty Fac business, covering risk assessment, data validation, risk engineering report review, pricing, coverage review, offer drafting, and documentation
Risk modeling and assessment in coordination with desk underwriters, including footprint & exposure capture when required
Underwriting analytics for single risks, facilities, and SwiftRe (online platform) business
Leading or supporting ad hoc underwriting and cross-functional projects
Driving continuous improvements in underwriting models, tools and processes
Prepare and analyze statistical reports, providing strategic insights and solutions to internal stakeholders
Serve as a key member of the BLR UW Transformation unit and P&C; Asia Fac leadership, contributing to strategic initiatives and operational enhancements
About You/ Qualifications
Competent underwriting expertise with over 10 years of experience in Property re/insurance underwriting, including single-risk assessment, risk modeling, and contract preparation
Experience in leading teams in actuarial, insurance analytics, or underwriting is preferred
Skilled in leading large teams to foster ownership, accountability, and high performance
Knowledge of facility/portfolio underwriting analytics is an advantage
Basic understanding of Casualty re/insurance is beneficial
Strong grasp of underwriting techniques, methods, tools, and processes with a solid understanding of re/insurance underwriting
Strong exposure to international underwriting practices and communities
Professional insurance qualifications (e g, CII) are a plus
Proactive and articulate communicator, with strong written and verbal skills, capable of conveying complex ideas in a clear, structured, and concise manner
Ability to navigate ambiguity, manage multiple projects, and drive effective decision-making in dynamic environments
Commercial mindset with a strategic, solution-oriented approach to underwriting and risk assessment
Fluency in English (written and spoken); additional language proficiency is an advantage
Results-driven with a proactive approach to challenging the status quo and delivering meaningful insights
Self-motivated and curious, eager to explore new challenges and expand the scope of responsibilities
About Swiss Re
Swiss Re is one of the worlds 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 14,000 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
Keywords
Reference Code: 133296
📌 Team Lead P&C Fac UW Advisory APAC (Bengaluru)
🏢 Swiss Re
📍 Bengaluru