Corporate Title: Vice President

Division: BOU-CUO P&C Reinsurance (54001146)

Department: BOUB-Global Facultative Re (54001158)

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.

You will 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 Singapore and Southeast Asia; 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.

Operation, development, and promotion of Swiss Re's electronic placement channel SwiftRe® will be part of your remit.

You will support the Head Property Facultative SouthEast Asia & India in portfolio management and steering to ensure profitable growth and portfolio balance and achieve both, quantitative metric and qualitative goals set. You will support the development business pipelines for new and renewal business.

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:

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
Contribute to robust new business pipelines and manage renewal to maximise the Company commercial position and pricing adequacy
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® Responsibility

Develop a profitable, diversified and highly automated SwiftRe® portfolio, improve efficiency and automation within the underwriting control framework
Steer the SwiftRe® 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
Become SwiftRe® product expert and first port of call to clients and internal cross-functional teams in any SwiftRe® matter
Ensure timely response to clients, manage daily referrals (jMetro), provide coaching to clients, and support SwiftRe® on/off-boarding

Knowledge & Skills

Knowledge of industrial and commercial property underwriting: all classes of insured risk, contractual details/setup
5 to 8 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
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
Effective communicator, both written and verbally
Efficient and pragmatic

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 15,000 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.

We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.

Keywords

Reference Code: 137848

Senior Property Fac Underwriter

Senior Underwriter, Asia Property Division