Property Fac Modeling & Costing Advisor

About the Role :

We are looking for a candidate with a strong academic record and industry experience in natural catastrophe and man-made risk modelling and knowledge in (Re)insurance for our Underwriting advisory Team at Bangalore.

You will support costing of Facultative cessions. You are expected to be proficient in Man-made and Nat-cat modeling and hold good knowledge of re / insurance market. We are also looking for someone who has a commercial mindset and strong collaboration skills with dedication and eagerness to learn.

Position Summary :

Provide high quality modelling and costing support to Swiss Re North America underwriting desks which will include but not limited to

• You will support Facultative renewals and new business. This includes the reviewing of submission data including risk engineering reports, providing data analysis & risk modelling of Nat Cat and Man-made loss scenarios making best use of SR's costing techniques to model / forecast and quantify the impact of contract features relevant to costing.
• Support in product & process innovation using the learnings from underwriting support and suggest improvements to Nat cat models, tools, and systems
• Advising underwriters in understanding model results, model differences and limitations
• Continuously developing and applying best modeling and costing practices
• Collaborating with the underwriting community abroad and other business partners on various projects to generate new value-added services for Swiss Re
• Establish & maintain positive relationship with internal partners

About the Team :

The Bangalore (BLR) Facultative Team is a strategic offshore advisory hub responsible for providing facultative underwriting support to Property line of business. The team will be working closely with the overseas facultative desk underwriters to provide modeling and costing support on North America property risks.

You get in-depth exposure to Swiss Re's modelling and costing practices, proprietary risk model platforms, 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 North America region.

About You :

Keywords :

Reference Code : 136022

Skills Required

contract preparation, Sql, Power Bi, Vba, Data Analysis