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Senior Specialty UW Analyst

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Join the UW Transformation team and play a vital role in guiding the P&C Re business. Provide underwriting analytics and support specialty in underwriting, tool development, and actuarial tasks. Requires strong academic record and industry experience in natural catastrophe and non-Cat modelling. Opportunity to learn and grow in multiple areas.

About the Role

As the UW Transformation team takes shape, we are embarking on a new and exciting chapter within P&C Re. We invite you to join us on this journey and become a valuable member of the portfolio UW and Specialty team. In this team, we play a pivotal role in providing the necessary methods, processes, and data to effectively guide the P&C Re business. Additionally, we are the dedicated Specialty team in Bangalore and support Specialty in underwriting, tool development and actuarial tasks. 

We are looking for a candidate with a strong academic record and industry experience in Natural catastrophe and/or non-Cat modelling for our Underwriting Analytics Team at Bangalore. This job offers you a chance to join the dynamic and 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 multiple areas.

Position Summary

Provide high quality Nat cat underwriting and Portfolio steering analytics to underwriting desks at Swiss Re which will include but not limited to Special Lines. Your role would involve:

  • You will support an expert for analysis of Specialty treaty business across markets. This includes the reviewing of submission data providing data analysis & risk modelling of Nat Cat and Non-Cat loss scenarios making the best use of SR's costing techniques to model / forecast and quantify the impact of contract features relevant to costing.
  • Support the Portfolio owners/ Desk Heads/Underwriters across markets with analysis of portfolio drivers, prepare consolidated renewal summaries.
  • Collaborating with the underwriting community abroad and other business partners on various projects to generate new valuable services for Swiss Re.
  • During non-renewal times, contribute to other Specialty tools/ nat cat related tasks such as parameter updates

About You/ Qualifications

  • An advanced degree in the field of natural science or a quantitative field (e.g., engineering, statistics, Mathematics, Econometrics) which is closely related to these subject areas
  • Proficient in Property re/insurance underwriting, single-risk assessment, risk modelling and contract preparation, with minimum 2 to 5 years of relevant Underwriting experience
  • Good understanding of underwriting techniques, methods, tools, and processes
  • Ability to analyze large data sets, investigate complex connection and draw relevant conclusion.
  • Expertise in Advance Excel (VBA), SQL and Power BI and inclination towards learning new technologies will be an added advantage.
  • Strong motivation to learn about re/insurance and overseas markets
  • Strong team-player with ability to collaborate with teams in other locations and cultures, along with strong sense of accountability and execution
  • Excellent command of English (written and spoken). Other foreign language will be added advantage
  • Above all: scientific and technological curiosity with the ability to bring new insights to constructively challenge the status quo.
Set alert for similar jobsSenior Specialty UW Analyst role in Bangalore Urban, India
Swiss Re Logo

Company

Swiss Re

Job Posted

10 months ago

Job Type

Full-time

WorkMode

On-site

Experience Level

3-7 Years

Category

Accounting

Locations

Bangalore Urban, Karnataka, India

Qualification

Bachelor

Applicants

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