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Swiss Re

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3.9

based on 238 Reviews

82 Swiss Re Jobs

Casualty and FinPro Facultative Underwriter

Swiss Re

3.9

based on 238 Reviews

5-10 years

Mumbai

1 vacancy

Casualty and FinPro Facultative Underwriter

Swiss Re

posted 8hr ago

Job Role Insights

Flexible timing

Key skills for the job

ESIC Corporate Consulting Medical Underwriting Reinsurance Risk Assessment

+ 2 more

Job Description

About the Role

You will be responsible for originating a flow of new business and quality revenue growth in line with our go-to market strategies and promoting our presence and propositions to brokers and clients.

Swiss Re is a bottom-line driven company and your performance will be measured based on bottom line growth.

The role reports into the Head Casualty Facultative - India, Greater China and Southeast Asia..

Core Responsibilities:

Be the first port of call for Liability FAC business, and provide high quality, timely and appropriate service to clients and brokers whilst complying with underwriting authority and guidelines.
Build and grow a profitable and balanced Facultative book in accordance with the planned portfolio targets and Go-To Market strategy, within stated underwriting guidelines and other governance rules.
Drive business origination and enhance relationship building with clients and brokers. Ensure robust new business pipelines and improve renewal retention to maximise Swiss Re Facs commercial position.
Actively seeks and procures opportunities in the market through high quality client and broker interactions, relationship building and engagement.
Consistently demonstrates good level of risk assessment, mitigates volatility, manages line size and explores alternative approaches that allows us to write business profitably and meet client needs.
Ensures diligent use of pricing / modelling tools and robust reflection of pricing to exposure and risk quality, proactively improves data transparency and accuracy.
Work closely with Senior underwriters in the region to enhance UW technical skill.
Monitor budgets and business plans, observe external risk landscape & trends and ensure timely reporting.
Cross sells Property and other lines of business where possible.
Provides underwriting support to other Swiss Re offices and handles ad hoc tasks as needed.
Works collaboratively and cross-functionally with any relevant functional groups/committee as assigned across our business in India and Asia to ensure any business initiatives and related business matters are in accordance to underwriting and regulatory regime.

About you

Technical university degree, law preferred or experience in (re-)insurance business.
5-10 years or more of relevant underwriting experience and up-to-date insurance and reinsurance product and market know-how or in a corresponding reinsurance/broker area, in India market. Experience in other Asia markets would be plus.
Knowledge and understanding of Casualty and/or Financial Lines insurance principles and practices. Experience in Motor and Personal Accident an added advantage.
Expertise in underwriting single risk and FAC facilities.
Comfortable working in a highly collaborative, matrix and multi-cultural environment, self-motivating, taking ownership, accountability, and the extra mile to get things done, both internally and externally to provide superior service to our clients / brokers.
Established Market network, proven track record as a successful deal maker. Pragmatic solution-oriented mindset and gets things done.
Demonstrate ability on working independently, willingness to learn, deliver under pressure and at ease with going outside of comfort zone.
Strong teammate and effective communicator, both written and verbal.
Is able and willing to follow and live Swiss Re s Principles
Open to travel based upon business needs