Job Description

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.At Swiss Re we combine experience with creative thinking and cutting-edge expertise to 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.The TeamThe Bangalore (BLR) Facultative Team is a strategic offshore operating hub responsible for providing facultative underwriting support to Swiss Re Asia Pacific markets across Property and Casualty lines of business. The Hub is working closely with the overseas facultative desk underwriters to provide underwriting support on facultative risks of simple to medium complexity.You will get in-depth exposure to Swiss Re's underwriting practice, risk appetite, risk model platforms, costing tools as well as an opportunity to work with Swiss Re's overseas underwriters and get to understand local market dynamics! 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 APAC region.Role OverviewThe role involves providing underwriting and analytical support to overseas facultative underwriters, ensuring high-quality, timely services within Swiss Re's guidelines. In addition to hands-on underwriting support, you will lead and develop a high performing team of Property/Casualty Facultative specialists, fostering collaboration and professional growth. The position also includes responsibilities in underwriting operations management and governance. Strong expertise in Property/Casualty underwriting, Nat Cat and man-made risk modeling, and a solid commercial mindset are essential. This role offers a key opportunity to support in building a strong P&C Facultative Underwriting support community in Bangalore and contribute to Swiss Re's facultative growth ambitions in APAC.Key Tasks & Responsibilities

• Lead the Property & Casualty (P&C) Facultative (Fac) underwriting advisory team, ensuring the timely delivery of high-quality underwriting support to Swiss Re's Asia Pacific markets, including Japan, South Korea, China, Hong Kong, Taiwan, Singapore, Southeast Asia, India & the Indian subcontinent, Australia, and New Zealand.
• Lead and inspire a large team by fostering collaboration and driving high performance through strong leadership, teamwork, and effective stakeholder engagement.
• Provide training, development, and coaching to team members to build underwriting expertise, market knowledge, and effective teamwork within the BLR Fac UW Hub.

• Work closely with the regional head of Fac APAC (dotted line reporting) to ensure alignment on strategic objectives, operational efficiency, and cross-functional collaboration.
• Ensure underwriting support aligns with Swiss Re's underwriting and operational guidelines, as well as Legal & Permanent Establishment and regulatory frameworks.
• Collaborate with Risk Management and Governance teams to manage operational risks effectively.
• Deliver high-quality underwriting support to overseas underwriting desks, including but not limited to:

• Underwriting support for Property/Casualty Fac business, covering risk assessment, data validation, risk engineering report review, pricing, coverage review, offer drafting, and documentation.
• Risk modeling and assessment in coordination with desk underwriters, including footprint & exposure capture when required.
• Underwriting analytics for single risks, facilities, and SwiftRe (online platform) business.
• Leading or supporting ad hoc underwriting and cross-functional projects.
• Driving continuous improvements in underwriting models, tools and processes.

• Prepare and analyze statistical reports, providing strategic insights and solutions to internal stakeholders.
• Serve as a key member of the BLR UW Transformation unit and P&C Asia Fac leadership, contributing to strategic initiatives and operational enhancements.

About You/ Qualifications

• Competent underwriting expertise with over 10 years of experience in Property re/insurance underwriting, including single-risk assessment, risk modeling, and contract preparation.
• Experience in leading teams in actuarial, insurance analytics, or underwriting is preferred.
• Skilled in leading large teams to foster ownership, accountability, and high performance.
• Knowledge of facility/portfolio underwriting analytics is an advantage.
• Basic understanding of Casualty re/insurance is beneficial.
• Strong grasp of underwriting techniques, methods, tools, and processes with a solid understanding of re/insurance underwriting.
• Strong exposure to international underwriting practices and communities.
• Professional insurance qualifications (e.g., CII) are a plus.
• Proactive and articulate communicator, with strong written and verbal skills, capable of conveying complex ideas in a clear, structured, and concise manner.
• Ability to navigate ambiguity, manage multiple projects, and drive effective decision-making in dynamic environments.
• Commercial mindset with a strategic, solution-oriented approach to underwriting and risk assessment.
• Fluency in English (written and spoken); additional language proficiency is an advantage.
• Results-driven with a proactive approach to challenging the status quo and delivering meaningful insights.
• Self-motivated and curious, eager to explore new challenges and expand the scope of responsibilities.

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: 133296

Swiss Re