Job Description

Functional title: Casualty and FinPro Facultative Underwriter
Corporate title: Assistant Vice President
Corporate band: E band
Function: P&C Re
Reporting line: Head Casualty Fac Greater China & SEA
Location: Mumbai, India
About the Role
You will be responsible for originating a flow of new business and quality revenue growth in line with our go-to market strategies and promoting our presence and propositions to brokers and clients.
Swiss Re is a bottom-line driven company and your performance will be measured based on bottom line growth.
The role reports into the Head Casualty Facultative - India, Greater China and Southeast Asia..
Core Responsibilities:

• Be the first port of call for Liability FAC business, and provide high quality, timely and appropriate service to clients and brokers whilst complying with underwriting authority and guidelines.
• Build and grow a profitable and balanced Facultative book in accordance with the planned portfolio targets and Go-To Market strategy, within stated underwriting guidelines and other 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 Fac's commercial position.
• Actively seeks and procures opportunities in the market through high quality client and broker interactions, relationship building and engagement.
• Consistently demonstrates good level of risk assessment, mitigates volatility, manages line size and explores alternative approaches that allows us to write business profitably and meet client needs.
• Ensures diligent use of pricing / modelling tools and robust reflection of pricing to exposure and risk quality, proactively improves data transparency and accuracy.
• Work closely with Senior underwriters in the region to enhance UW technical skill.
• Monitor budgets and business plans, observe external risk landscape & trends and ensure timely reporting.
• Cross sells Property and other lines of business where possible.
• Provides underwriting support to other Swiss Re offices and handles ad hoc tasks as needed.
• Works collaboratively and cross-functionally with any relevant functional groups/committee as assigned across our business in India and Asia to ensure any business initiatives and related business matters are in accordance to underwriting and regulatory regime.

About you

• Technical university degree, law preferred or experience in (re-)insurance business.
• 5-10 years or more of relevant underwriting experience and up-to-date insurance and reinsurance product and market know-how or in a corresponding reinsurance/broker area, in India market. Experience in other Asia markets would be plus.
• Knowledge and understanding of Casualty and/or Financial Lines insurance principles and practices. Experience in Motor and Personal Accident an added advantage.
• Expertise in underwriting single risk and FAC facilities.
• Comfortable working in a highly collaborative, matrix and multi-cultural environment, self-motivating, taking ownership, accountability, and the extra mile to get things done, both internally and externally to provide superior service to our clients / brokers.
• Established Market network, proven track record as a successful deal maker. Pragmatic solution-oriented mindset and gets things done.
• Demonstrate ability on working independently, willingness to learn, deliver under pressure and at ease with going outside of comfort zone.
• Strong teammate and effective communicator, both written and verbal.
• Is able and willing to follow and live Swiss Re's Principles
• Open to travel based upon business needs

Your appointment to this role will be subject to you meeting fit and proper requirements
About the Team
This is a great opportunity to join the Swiss Re India Casualty Facultative Team, 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, Australia and New Zealand.
In this role you will be an important member of a new and energetic team that facilitates entrepreneurial & team spirit, underwriting expertise, resilience, as well as your personal and professional development. You will also get exposure in other Asia Pacific markets through supporting peak renewals and 4-eye consultation of other markets within the Region.
Are you able to drive matters independently and demonstrate accountability and resilience when facing challenges? If so, we would love to hear from you!
We are looking for team members who stand for integrity, improve continually, and navigate ambiguity. This means having the courage to be curious and to stretch yourself beyond what you already know. We want team members who inspire change fearlessly and don't always opt for the easy option, and can stay calm, focused, and resilient during difficult times.
Regardless of what position we have at Swiss Re, all of us can be courageous, which will also help us in our personal and professional growth.
Swiss Re offers modern hybrid working arrangements that allow all employees to adapt to changing work preferences. We currently provide employees with attractive offices, competitive benefits including annual leave, work anniversary leave and insurance coverage for medical, personal accident and life.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
We look forward to your application!