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79 Swiss Re Jobs

Fac Underwriting Analyst I

2-3 years

Bangalore / Bengaluru

1 vacancy

Fac Underwriting Analyst I

Swiss Re

posted 5d ago

Job Description

About Swiss Re Swiss Re is one of the world s leading providers of reinsurance working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and innovative 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. We offer a flexible working environment where curious and adaptable people thrive. Are you interested in joining us? Role Overview
Are you a candidate with a strong experience in Facultative re/insurance industry? Are you looking forward to work closely with the Regional facultative underwriter to support them in Pre-underwriting activities and simple and Lean costing. If yes, here is your opportunity to be part of a growing P&C Business Services Designated Facultative team across APAC.
For this role, you need to have in-depth knowhow about insurance and reinsurance products and markets. Deliver timely and accurate business-processing, operational and technical support to underwriting process for Property & Casualty Facultative Underwriters.
Duties and responsibilities directly impact productivity, process efficiency, timeliness, profitability, and accuracy of the underwriting process. In addition, you are expected to be a good teammate with dedication, eagerness to learn and collaboration skills.
About The Team
We are a multinational, dynamic and engaged team directly working with and supporting the client facing team, divided into smaller teams according to Asia markets. We act as one team, we strive to expand our reinsurance knowledge, develop professionally and provide excellent service to our internal clients.
Should you be passionate about this position, and you identify yourself with our values: Client centricity, Integrity, Passion to perform, Team spirit and Agility, you could be the right candidate for our team.
Main tasks / activities / responsibilities
  • In this role you will work closely with Facultative Property underwriters & other XFTs to provide accurate costing (i.e. NAT CAT, Fire) and risk assessment for the relevant exposures.
  • Perform CAT Modeling, Fire Pricing, Loss comparisons with reasoning and risk accumulation checks.
  • Understand the overall P&C FAC underwriting business process & provide data analysis to help underwriters price policies appropriately based on risk factors.
  • Ensure proper coordination with the local desk underwriters, Hub underwriters in Bangalore and other stakeholders.
  • Prepare data reports and insights for underwriting and senior management on risk portfolio analysis.
  • Build and maintain good relationships with your stakeholders, continuously seek feedback for individual and team growth.
  • Act as a business expert on SR Facultative process tools, maintain the best practice on record management and processes.
  • Identify and recommend improvements to existing processes, tools, or models to enhance underwriting process and efficiency.
About You/ Qualifications
  • Bachelors degree in finance, Engineering, insurance or a related field.
  • At least 2-3 years of experience in the Insurance and Reinsurance industry, with a strong focus on catastrophe modeling, pricing support, or risk analysis.
  • Understanding of critical data inputs driving NAT CAT Modeling and Fire pricing.
  • Hands on experience with Catastrophe risk models (RMS, AIR, or similar tools)
  • Knowledge of Property lines policy terms / conditions and wording.
  • Strong analytical, problem-solving, and critical-thinking skills.
  • Strong working knowledge of Microsoft Office (Word, Excel, PowerPoint, etc.)
  • Effective team player with a positive outlook and proven ability to work in globally located team situations, understanding, and demonstrating sensitivity toward cultural differences
  • Excellent listening, written and verbal communication skills in English. Other foreign language will be good to have.
  • Strong attention to detail and ability to manage multiple priorities effectively with customer-focus and service orientation.
  • Adaptability to changes in tasks and priorities
  • Flexible to work during APAC time zone
About Swiss Re




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: 132619

Employment Type: Full Time, Permanent

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What people at Swiss Re are saying

Underwriting Analyst salary at Swiss Re

reported by 5 employees with 2-4 years exp.
₹6 L/yr - ₹8 L/yr
17% more than the average Underwriting Analyst Salary in India
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What Swiss Re employees are saying about work life

based on 238 employees
91%
95%
60%
100%
Flexible timing
Monday to Friday
No travel
Day Shift
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Swiss Re Benefits

Work From Home
Cafeteria
Gymnasium
Health Insurance
Soft Skill Training
Team Outings +6 more
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