Apprentice

Year    Bangalore, Karnataka, India

Job Description

About the Role
The In-force Management Analyst works with a high level of autonomy and ownership, operating in Bangalore and supporting the In-Force Management Team in EMEA. You will be responsible for supporting In-force Management in monitoring and supervising special & complex Reinsurance accounts. This role requires a keen eye for detail, as you will be reviewing Reinsurance accounts, including complex Sliding Scale Commission calculations, Profit Commissions and everything around cedent reporting. You will be tasked with overseeing all activities that are due and managing schedules for contractually agreed tasks. Additionally, you will support the In-Force Managers by monitoring the Reinsurance portfolio by taking ownership of Commutation and Analytics tasks.
These activities may involve:

  • Collaborate closely with the global In-Force Management Teams mainly in EMEA but also in APAC & Americas.
  • Collaborate and actively exchange with the global Technical Accounting Teams.
  • Monitoring and supervising special & complex Reinsurance accounts and its Contract Structured Elements (CSE's).
  • Support the proactive monitoring of the P&C Re In-force portfolio to help avoid surprises in business performance, providing portfolio analytics for monitoring and steering the Underwriting (UW) Portfolio.
About the Team
Our newly formed In-Force team in Bangalore will report into local P&C Re UW Transformation, with a strong dotted-line into P&C Re In-Force Management. We are proud to be a culturally diverse team working in a dynamic environment that has a major impact on the strength and performance of Swiss Re's reinsurance business. The division comprises Claims Management, Technical Accounting, Business Services, Business Excellence (Governance, Data Enabling, Consulting), Transaction Management and In-force Management.
The In-force Management team focus is on maintaining the portfolio in a healthy state and supports Swiss Re's P&C business growth objectives in a sustainable manner. We aim to bring value in terms of profit, efficiency, control, and benefit for our clients.
Now you can become a part of this dynamic team! We are an engaged, highly motivated and agile group of individuals with a distinct financial foresight and a flair for creativity and problem solving. By effectively applying our skills and collaborating across functions, we make a difference to our partners and generate value in our portfolio both for our clients and partners.
About You
You are solutions-driven with proficient technical abilities & expertise, creative and innovative!. Effective communication skills, along with appetite to learn the business function and support in data analytics and dashboards.
Additional requirements:
  • Highly motivated, actively engaged and pro active, very good team player.
  • Domain exposure to the Property & Casualty (Re)insurance industry.
  • Knowledge in Claims, Portfolio Management, Underwriting
  • Data Analytics skills, high interest in numbers, tables & data crunching. Intermediate level of expertise in tools like Excel.
  • Power BI knowledge both from data model perspective and building dashboards
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. 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: 134732

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Job Detail

  • Job Id
    JD3897124
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Bangalore, Karnataka, India
  • Education
    Not mentioned
  • Experience
    Year