Property Fac UW Advisor

Are you looking forward to further enriching your underwriting skills and international market knowledge in a dynamic fast paced world of a highly specialized and global re / insurance organization. Are you ready to work closely with our Global Facultative desk underwriters and provide them with underwriting and analytics support. If yes, here is your opportunity to be part of a growing Facultative underwriting community.

In your role, you will be contributing to the success of Swiss Res Facultative growth ambition. You are expected to be proficient in Property underwriting, man-made and NAT CAT modelling and possess 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.

The Team

The Bangalore (BLR) Facultative Team is a strategic offshore operating hub responsible for providing facultative underwriting support to global markets across Property and Casualty lines of business. The Hub is working closely with the 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 practices, risk model platforms, costing tools as well as an opportunity to work with Swiss Res 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.

Key responsibilities

Provide high quality Property Underwriting support to overseas underwriting desks, which will include but not limited to :

• Internal underwriting support and risk assessment according to underwriting guidelines of simple to medium complexity property single risks.
• Operating within the Swiss Res 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 assessment by review of Risk engineering reports and inferring the risk quality.
• Ad hoc projects driven by Underwriting or cross-functional teams.
• Suggest improvements to existing process, models, and tools.
• Maintain the defined work quality and turnaround time for risk assessment.
• Establishes & maintains positive relationship with internal partners
• Identify & resolve service issues with internal clients / stakeholders.
• Prepare client / region specific reports and share strategic inputs / solutions with internal partners

Knowledge and Skills

Role :   Insurance Operations Executive

Industry Type :   Insurance

Department :   BFSI , Investments & Trading

Employment Type :   Full Time, Permanent

Role Category :   General Insurance

Education

UG :   Any Graduate

PG :   Any Postgraduate

Skills Required

Costing, Nat, Underwriting, Reinsurance