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FAC Underwriting Analyst

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Join our multinational team supporting client facing team. Provide assistance to APAC P&C team in driving operations. CAT Modeling, Fire Pricing, process improvement, data analysis. Minimum 3-5 years experience in insurance and reinsurance industry. Strong communication skills and adaptability.

About The Team

 

We are a multinational, dynamic and engaged team directly working with and supporting the client facing team, divided into smaller teams according to Asia markets. We act as one team, we strive to expand our reinsurance knowledge, develop professionally and provide excellent service to our internal clients.

Should you be passionate about this position, and you identify yourself with our values: Client centricity, Integrity, Passion to perform, Team spirit and Agility, you could be the right candidate for our team.

 

Main tasks/activities/responsibilities

   

  • In this role you will provide assistance to the APAC Facultative P&C team in driving end to end operations and ensure processes are effective
  • Understand the overall P&C FAC underwriting business process and provide both technical and operational support for APAC's P&C FAC Underwriters
  • Perform CAT Modeling, Fire Pricing, Loss comparisons with reasoning and risk accumulation checks.
  • Assist in simple renewal costing (e.g.: Roll forward & Empowered Pricing)
  • Ensure proper coordination with the local desk underwriters, Junior underwriters in Bangalore and other stakeholders.
  • Build and maintain good relationships with your stakeholders, continuously seek feedback for individual and team growth.
  • Act as a business expert on SR Facultative process tools, maintain the best practice on record management and processes. Participate in UAT's and suggest continuous process improvements

Evaluate and make improvements to Business processes

   

  • Ensuring e2e process effectiveness by overseeing Business Services Business
  • Administration team's performance including data quality and timeliness
  • Challenging existing processes and closely collaborate with Business Services Quality Assurance team to drive/implement changes as needed
  • Analyzing implemented changes and make further adjustments to workflow, schedules, or other processes

About You/ Qualifications

 

  • Minimum 3-5 years of experience in Insurance and Reinsurance industry
  • Basic knowledge and understanding of Facultative Property/ Casualty insurance principles and practice
  • Understanding of critical data inputs driving NAT CAT Modeling and Fire pricing.
  • Hands on experience with Catastrophe risk models is needed.
  • Knowledge of P&C lines policy conditions and wording.
  • Understanding on quotation and submission data analysis
  • Strong working knowledge of Microsoft Office (Word, Excel, PowerPoint, etc.)
  • Effective team player with a positive outlook and proven ability to work in globally located team situations, understanding, and demonstrating sensitivity toward cultural differences
  • Excellent listening, written and verbal communication skills in English. Other foreign language will be good to have.
  • Strong customer-focus and service orientation
  • Adaptability to changes in tasks and priorities
  • Flexible to work during APAC time zone

 

Set alert for similar jobsFAC Underwriting Analyst role in Bangalore Urban, India
Swiss Re Logo

Company

Swiss Re

Job Posted

a year ago

Job Type

Full-time

WorkMode

On-site

Experience Level

3-7 Years

Category

Data & Analytics

Locations

Bangalore Urban, Karnataka, India

Qualification

Bachelor

Applicants

Be an early applicant

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FAC Underwriting Coordinator

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Join our dynamic and engaged multinational team supporting our client facing team. Expand your reinsurance knowledge and provide excellent service. Understand underwriting process, handle submissions, ensure compliance, and coordinate with stakeholders. Maintain record management and suggest process improvements. Monitor portfolio performance and drive changes as needed. Qualifications: 3-5 years experience in Insurance and Reinsurance industry, understanding of underwriting process and policy conditions, strong knowledge of Microsoft Office, effective team player with excellent communication skills.