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Senior Property Facultative Underwriter

Salary undisclosed

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The Opportunity

We are looking for an ambitious Property Underwriter who has the skills, drive, and gravitas to grow a profitable Property book and develop her/his career in Swiss Re as one of the world's global reinsurance leaders.

Your main remit will be developing and implementing a profitable growth strategy of Swiss Re's electronic placement channel SwiftRe in SouthEast Asia jointly with the regional underwriters, as well asthe operation, development, and promotion of SwiftRe. You will coordinate and lead the daily operation of SwiftRe in Southeast Asia and work with our team of regional underwriters to develop and adjust local/regional SwiftRe products, technically develop the system and originate business.

You will furthermore be originating, analyzing, pricing and underwriting Property risks and portfolios, as well as deploying capacity appropriately according to risk and portfolio quality and Group guidelines within the framework of your underwriting authority.

Your core territorial remit will be Southeast Asia with an emphasis on IndoChina; but you are expected to work closely with other markets in Asia to support their underwriting and business origination.

You will market and promote Swiss Re, and you will be expected to apply your market and product knowledge to provide clients and brokers with adequate, joint solutions which meet our clients' needs.

Your job will involve internal interaction, among others, with client managers, underwriters, structurers, and modelers across the region supporting building and maximizing the market.

It will be upon you to develop new business pipelines and manage renewals, support the development of business and strategic plans for Property business with the aim of sustainably developing the Property book of core business as well as new solutions or transactions for our clients and brokers.

The role reports into a designated Senior Property Fac Underwriter based in Singapore.

Your performance will be measured based on bottom line.

The Team

This is a great opportunity to participate in expanding our SouthEast Asia Property Facultative business and become part of the Asia P&C Facultative Underwriting community across our Asia Pacific local business units which share the common vision and goals to collaboratively grow our Fac business across Asia territories from Japan, Korea to Greater China, Southeast Asia, India and Australia and New Zealand. We are a team with a very high level of entrepreneurial spirit, energy, and expertise, which we aim to complement and strengthen with your support.

In this role you will become an important member of a very energetic team that facilitates entrepreneurial & team spirit, underwriting expertise, resilience, as well as your personal and professional development.

Key Responsibilities

Underwriting and Business focus

  • Develop and implement a profitable growth strategy of SwiftRe
  • Underwrite profitable facultative Property business
  • Operate in accordance with the marketing objectives, strategies and plans developed by the Singapore/SEA Property Facultative Team and Product Centre
  • Provide high quality, timely and appropriate underwriting service to clients, in keeping with underwriting authorities and Corporate 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 Property Fac's commercial position.
  • Diligent use of pricing/modelling tools and robust reflection of pricing to exposure and risk quality
  • Proactively improve data transparency and accuracy
  • Provide underwriting support to other Swiss Re offices, if required
  • Provide high quality, timely and appropriate underwriting service to clients and brokers
  • Develop and implement facultative reinsurance solutions for our clients
  • Demonstrate robust capability in formally preparing for and conducting quality meetings with clients to identify business opportunities
  • Actively seek and procure opportunities in the market through high quality client and broker interactions, relationship building and engagement
  • Positively contribute to Swiss Re's reputation, profile, and brand
  • Support client relationships between appropriate SRAL staff and client staff across the range of reinsurance related functions
  • Participate in cross functional team initiatives
  • Proactively liaise with the Claims Team to stay abreast of claims trends and issues of the market/client companies and their profitability
  • Participate in project teams as required
  • Ad hoc tasks as needed

SwiftRe Responsibilities

In close coordination with the regional team of Property Fac underwriters you will:

  • Operate, develop, and promote Swiss Re's electronic placement channel SwiftRe; grow and manage a balanced book to generate sustainable profit
  • Develop a profitable, diversified and highly automated SwiftRe portfolio, improve efficiency and automation within the underwriting control framework
  • Steer the SwiftRe local/regional portfolios for profitable growth, contribute to underwriting parameters setting, optimizing automation, response time and underwriting control
  • Promote SwiftRe propositions, develop new partners, expand into new territories, and deepen penetration in existing markets and partners
  • Be SwiftRe product expert and first port of call to clients and internal cross-functional teams in any SwiftRe underwriting matter
  • Ensure timely response to clients, manage daily referrals, provide coaching to clients, and support SwiftRe on/off-boarding

General

  • Contribute to the Swiss Re's market presence and client franchise of being a reinsurance subject matter expert and go-to market through working closely with cross-functional teams including Client Managers, Solutions and Treaty Underwriters
  • Actively seek and procure growth opportunities in the market through high quality client and broker interactions, relationship building and engagement
  • Provide technical advice and conduct trainings to Swiss Re clients and internal functions
  • Proactively liaise with the Claims Team to stay abreast of claims trends and issues of market / client companies and their profitability
  • Proactively streamline underwriting processes and workflows in collaboration with Business Services and Business Management
  • Lead / participate in projects as required

Knowledge & Skills

  • Knowledge of industrial and commercial property underwriting: all classes of insured risk, contractual details/setup
  • 5 years or more of relevant costing/pricing experience for complex risk and up-to-date with insurance and reinsurance products
  • Market knowledge as underwriter/broker, preferably in Southeast Asia; experience in other emerging markets will be considered
  • Growth mindset: Willingness to go the extra mile to grow our business
  • Completed ACII qualification is an advantage
  • Comfortable working in a highly collaborative, multi-cultural matrix organisation
  • Taking ownership, accountability; going the extra mile to get things done, both internally and externally
  • Delivering superior service to our clients/brokers
  • Ability to learn and deliver under pressure
  • At ease with going outside of own comfort zone
  • Strong team player, efficient and pragmatic
  • Effective communicator, both written and verbally

About Swiss Re

Swiss 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: 133155
The Opportunity

We are looking for an ambitious Property Underwriter who has the skills, drive, and gravitas to grow a profitable Property book and develop her/his career in Swiss Re as one of the world's global reinsurance leaders.

Your main remit will be developing and implementing a profitable growth strategy of Swiss Re's electronic placement channel SwiftRe® in SouthEast Asia jointly with the regional underwriters, as well asthe operation, development, and promotion of SwiftRe®. You will coordinate and lead the daily operation of SwiftRe® in Southeast Asia and work with our team of regional underwriters to develop and adjust local/regional SwiftRe® products, technically develop the system and originate business.

You will furthermore be originating, analyzing, pricing and underwriting Property risks and portfolios, as well as deploying capacity appropriately according to risk and portfolio quality and Group guidelines within the framework of your underwriting authority.

Your core territorial remit will be Southeast Asia with an emphasis on IndoChina; but you are expected to work closely with other markets in Asia to support their underwriting and business origination.

You will market and promote Swiss Re, and you will be expected to apply your market and product knowledge to provide clients and brokers with adequate, joint solutions which meet our clients' needs.

Your job will involve internal interaction, among others, with client managers, underwriters, structurers, and modelers across the region supporting building and maximizing the market.

It will be upon you to develop new business pipelines and manage renewals, support the development of business and strategic plans for Property business with the aim of sustainably developing the Property book of core business as well as new solutions or transactions for our clients and brokers.

The role reports into a designated Senior Property Fac Underwriter based in Singapore.

Your performance will be measured based on bottom line.

The Team

This is a great opportunity to participate in expanding our SouthEast Asia Property Facultative business and become part of the Asia P&C Facultative Underwriting community across our Asia Pacific local business units which share the common vision and goals to collaboratively grow our Fac business across Asia territories from Japan, Korea to Greater China, Southeast Asia, India and Australia and New Zealand. We are a team with a very high level of entrepreneurial spirit, energy, and expertise, which we aim to complement and strengthen with your support.

In this role you will become an important member of a very energetic team that facilitates entrepreneurial & team spirit, underwriting expertise, resilience, as well as your personal and professional development.

Key Responsibilities

Underwriting and Business focus

  • Develop and implement a profitable growth strategy of SwiftRe®
  • Underwrite profitable facultative Property business
  • Operate in accordance with the marketing objectives, strategies and plans developed by the Singapore/SEA Property Facultative Team and Product Centre
  • Provide high quality, timely and appropriate underwriting service to clients, in keeping with underwriting authorities and Corporate 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 Property Fac's commercial position.
  • Diligent use of pricing/modelling tools and robust reflection of pricing to exposure and risk quality
  • Proactively improve data transparency and accuracy
  • Provide underwriting support to other Swiss Re offices, if required
  • Provide high quality, timely and appropriate underwriting service to clients and brokers
  • Develop and implement facultative reinsurance solutions for our clients
  • Demonstrate robust capability in formally preparing for and conducting quality meetings with clients to identify business opportunities
  • Actively seek and procure opportunities in the market through high quality client and broker interactions, relationship building and engagement
  • Positively contribute to Swiss Re's reputation, profile, and brand
  • Support client relationships between appropriate SRAL staff and client staff across the range of reinsurance related functions
  • Participate in cross functional team initiatives
  • Proactively liaise with the Claims Team to stay abreast of claims trends and issues of the market/client companies and their profitability
  • Participate in project teams as required
  • Ad hoc tasks as needed

SwiftRe® Responsibilities

In close coordination with the regional team of Property Fac underwriters you will:

  • Operate, develop, and promote Swiss Re's electronic placement channel SwiftRe®; grow and manage a balanced book to generate sustainable profit
  • Develop a profitable, diversified and highly automated SwiftRe® portfolio, improve efficiency and automation within the underwriting control framework
  • Steer the SwiftRe® local/regional portfolios for profitable growth, contribute to underwriting parameters setting, optimizing automation, response time and underwriting control
  • Promote SwiftRe® propositions, develop new partners, expand into new territories, and deepen penetration in existing markets and partners
  • Be SwiftRe® product expert and first port of call to clients and internal cross-functional teams in any SwiftRe® underwriting matter
  • Ensure timely response to clients, manage daily referrals, provide coaching to clients, and support SwiftRe® on/off-boarding

General

  • Contribute to the Swiss Re's market presence and client franchise of being a reinsurance subject matter expert and go-to market through working closely with cross-functional teams including Client Managers, Solutions and Treaty Underwriters
  • Actively seek and procure growth opportunities in the market through high quality client and broker interactions, relationship building and engagement
  • Provide technical advice and conduct trainings to Swiss Re clients and internal functions
  • Proactively liaise with the Claims Team to stay abreast of claims trends and issues of market / client companies and their profitability
  • Proactively streamline underwriting processes and workflows in collaboration with Business Services and Business Management
  • Lead / participate in projects as required

Knowledge & Skills

  • Knowledge of industrial and commercial property underwriting: all classes of insured risk, contractual details/setup
  • 5 years or more of relevant costing/pricing experience for complex risk and up-to-date with insurance and reinsurance products
  • Market knowledge as underwriter/broker, preferably in Southeast Asia; experience in other emerging markets will be considered
  • Growth mindset: Willingness to go the extra mile to grow our business
  • Completed ACII qualification is an advantage
  • Comfortable working in a highly collaborative, multi-cultural matrix organisation
  • Taking ownership, accountability; going the extra mile to get things done, both internally and externally
  • Delivering superior service to our clients/brokers
  • Ability to learn and deliver under pressure
  • At ease with going outside of own comfort zone
  • Strong team player, efficient and pragmatic
  • Effective communicator, both written and verbally

About Swiss Re

Swiss 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: 133155