Property Treaty UW Advisor - Bangalore, India - Swiss Re

Description

Corporate Title: Senior Associate

Functional Title: Property Treaty UW Advisor

Division: EMEA

Location: Bangalore (Property & Specialty Underwriting)

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.

At Swiss Re we combine experience with creative thinking and cutting-edge expertise to build 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 gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skills, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work.

About the Role

We are looking for a candidate with a strong academic record and industry experience in natural catastrophe (NatCat) modelling or non-Cat costing or both, for our Property Underwriting analytics group at Bangalore. This job offers you a chance to join the multifaceted, fast paced world of a highly specialized financial services organization.

You get in-depth exposure to Swiss Re's proprietary natural perils model platform and costing tools and to natural catastrophe reinsurance business from Swiss Re's global client base. Depending upon your inclination and skills, over time you will have the opportunity to widen your roles in Swiss Re in multiple areas.

Your role involves providing quality Underwriting Analytics – both NatCat and non-Cat costing to underwriting desks across EMEA region, which will include but not limited to:

• Analysis of property exposure and investigation for data issues
• Modeling of property portfolios in Swiss Re internal and external risk assessment tools
• Advising underwriters in understanding model results, model differences and limitations
• Collaborating with underwriters in benchmarking model results and costing/pricing of reinsurance contracts
• Continuously developing and applying best modeling and costing practices
• Working with underwriters during peak renewal season to model/cost treaty programs
• Using the findings from underwriting analyses to improve Nat cat models and tools
• Collaborating with the underwriting community abroad and business partners on projects to generate valuable services for Swiss Re
• Using insights gained from dealing with large data amounts for building new/sophisticated analytics and client services

Job requirements:

• University degree in the field of natural science or a quantitative field which is closely related to these subject areas – Statistics, Engineering, Sciences
• 3-5 years' experience in insurance/reinsurance industry, preferably with NatCat knowledge and hand-on experience of CAT models like RMS, AIR, EQCAT etc.
• Strong motivation to learn about insurance and reinsurance business
• Good programming (SQL, VBA, R, Power BI etc.) skills is a plus
• Strong analytical and critical thinking skills – with a can-do and pragmatic demeanor
• A track record of successful delivery of complex analysis results to internal or external clients
• Ambition to deliver strong results and work in projects with tight deadlines
• Interpersonal and communication skills, demonstrating a concise and eloquent standard of written and verbal communication

Above all: A Scientific and technological curiosity with the ability to bring new ideas and to constructively challenge the status quo.

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.