Job Description

The Opportunity

We are looking for an ambitious Casualty Underwriter who has the skills, drive and commitment to develop his/her career in Swiss Re Reinsurance Division as one of the world\'s global reinsurance leaders.

You will be part of our Asia Facultative Team to grow a profitable Casualty facultative book primarily in in South-East Asia and India region whilst executing our Swiss Re Fac Go-To market strategies and promoting our presence and propositions to brokers and clients. You will also get exposure beyond the South-East Asia market through supporting peak renewals and 4-eye consultation of other markets within Asia. The role further entails exploring growth opportunities for SwiftRe\xc2\xae, Swiss Re\'s cutting edge end-to-end global digital platform for small and medium industrial and commercial businesses.

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 Greater China and Southeast Asia, based in Singapore.

The Team

This is a great opportunity to join Swiss Re Singapore Casualty Facultative Team and become part of the Asia P&C Facultative Underwriting community across our Asia Pacific local business units. We 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.

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.

Key Responsibilities

Underwriting and Business focus:

• Be the first port of call for Casualty facultative business, and provide high quality, timely and appropriate service to clients and brokers
• Grow a profitable and balanced Casualty Facultative book in accordance with the planned portfolio targets and Go-To Market strategy, within stated underwriting guidelines and authority 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
• Cross sells Property and other lines of business where possible
• Grow facility business and explore opportunities for SwiftRe\xc2\xae, Swiss Re\'s cutting-edge end-to-end global digital platform for small and medium industrial and commercial businesses
• Proactively manage portfolio for sustainable profitable growth and mmonitor portfolio metrics. Observe external risk landscape and trends. Steer portfolio to reach profitability targets and target portfolio profile
• Mitigate volatility, manage line size and explore alternative approaches which allow us to write business profitably and meet client needs
• Ensure diligent use of pricing/modelling tools and robust reflection of pricing to exposure and risk quality. Proactively improve data transparency and accuracy.
• Support development of budgets and business plans and ensure timely steering and reporting
• Help train, develop, and retain underwriting talent
• Improve efficiency & productivity
• Support underwriting peer reviews & audits. Implement audit recommendations.
• Provide underwriting support to other Swiss Re offices and handle ad hoc tasks as required
• Proactively manage operational risks to ensure Operational Risk Management (ORM) compliance. Contribute to the ORM process and internal risk reviews

SwiftRe\xc2\xae Responsibility:

• Develop a profitable and diversified portfolio, improve efficiency and automation within the underwriting control framework
• Promote SwiftRe\xc2\xae propositions, develop new partners, expand into new territories, and deepen penetration in existing markets and partners
• Steer the portfolios for profitable growth, contributes to underwriting parameters setting, whilst optimizing automation, response time and underwriting control
• Improve SwiftRe\xc2\xae functionality, underwriting control and user-friendliness working closely with the SwiftRe\xc2\xae Product Team
• Support product set-up and adapts generic products to local market needs
• Provide timely response to clients and brokers; handle daily submissions and special acceptances and answer client\'s queries; provide coaching to clients and support SwiftRe\xc2\xae client on-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 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 liaises 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

About You

• University degree, or vast experience in (re-)insurance business
• 12 years or more of relevant underwriting experience in South-East Asia
• Deep understanding of the Asia (re)insurance market and products
• Expertise in General TP Liability, CGL/Products liability, Product Recall, Professional Indemnity, D&O and Project PI.
• Experience in Cyber, Motor, A&H and Facility underwriting knowledge an added advantage
• Market network and relationships
• Experience in managing teams and people preferred
• Expertise in facilities and automated solutions are added advantage
• Innovative and comfortable with data analytics and leveraging technology for SwiftRe\xc2\xae underwriting and business development
• Comfortable working in a highly collaborative, matrix and multi-cultural environment
• Take ownership, accountability, and go the extra mile to get things done, both internally and externally.
• Provide superior service to our clients / brokers
• Ability to learn and deliver under pressure and at ease with going outside of comfort zone
• Proven track record as a successful salesperson and deal maker
• Strong teammate and effective communicator, both written and verbal
• Efficient and pragmatic, gets things done

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.

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Reference Code: 125650

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