Job Description

About Swiss ReThe Swiss Re Group is one of the world's 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 to climate change, from ageing populations to cybercrime.At Swiss Re we combine experience with creative thinking and cutting-edge expertise to create new opportunities and solutions for our clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 80 oxefxacx83ces globally. It is organized into three Business Units (Reinsurance, Corporate Solutions, Life Capital), each with a distinct strategy and set of objectives contributing to the Group's overall mission.We oxefxacx80er a xefxacx82exible working environment where curious and adaptable people thrive. Are you interested in joining us?About the RoleWe are looking for a candidate with a strong academic record and experience in natural catastrophe modelling and knowledge in (Re)insurance for our Underwriting Analytics Team at Bangalore. You will support costing of Facultative placements on single accounts and facility business with various costing methodologies. This job offers you a chance to join the dynamic and fast paced world of a highly specialized financial services organization.You get in-depth exposure to Swiss Re's proprietary model platform and costing tools. Depending upon your inclination and skills, over time you will have the opportunity to widen your roles in multiple areas. In addition to your operational tasks, you will be involved in project work, which broadens your work portfolio, e.g., you guarantee the availability of reports to steer the Facultative Nat cat portfolio; you support studies to analyze the impact of model changes. You will work closely and directly with the Global Facultative Centre and Underwriters in EMEA, US, Lat Am and Asia desks.Position SummaryProvide high quality Nat cat and man-made costing support to various underwriting desks at Swiss Re in Asia, Europe, and the Americas, which will include but not limited toYou will support complex Facultative renewals both for large individual risks and facility business. This includes the reviewing of submission data including risk engineering reports, providing data analysis & risk modelling of Nat Cat and Human-made loss scenarios making the optimum 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 findings from underwriting support and suggest improvements to Nat cat models, tools, and systemsAdvising underwriters in understanding the model results, differences, and limitationsContinuously developing and applying the best modeling and costing practicesCollaborating with the underwriting community abroad and other business partners on various projects to generate new improved services for Swiss ReOther Underwriting analytics support on single risks, facilities and SwiftRe (on-line platform) business, etc.Identify & resolve service issues with internal clients /stakeholders and prepare statistical client/region specific reportsAbout You/ QualificationsAn advanced degree in the field of natural science or a quantitative field (e.g., engineering, statistics, Mathematics, Econometrics) which is closely related to these subject areasProfessional qualification in insurance e.g., CII, CPCU an added advantageProficient in Property re/insurance underwriting, single-risk assessment, risk modelling and contract interpretation, with 1-3 years of relevant Underwriting experienceExperience in facility / portfolio underwriting analytics is a plusAbility to analyze large data sets, investigate complex connections and draw relevant conclusions.Expertise in Advance Excel (VBA), SQL and Power BI and inclination towards learning new technologies will be an added advantage.Strong motivation to learn about re/insurance and overseas marketsStrong team-player with ability to collaborate with teams in other locations and cultures, along with strong sense of accountability and executionExcellent command of English (written and spoken). Other foreign language will be added advantageAbove all: scientific and technological curiosity with the ability to bring new insights to constructively challenge the status quo.About Swiss ReSwiss Re is one of the world's 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: 132994

Swiss Re