Senior Client Underwriter P&C India

Mumbai, Maharashtra
Permanent
Full-time

1 day ago

Position Senior Client Underwriter P&C IndiaCorporate Title Vice PresidentLocation MumbaiReporting to Head of Client Underwriting, P&C IndiaClient UnderwriterDo you provide high quality, holistic underwriting, portfolio and client management and enjoy the challenge of balancing risk to build and maintain a profitable book of business? If so, you might be our next Client Underwriter!About the roleWe have an exciting opportunity for a new role at Swiss Re.The Senior Client Underwriter will focus on maintaining and developing Swiss Re's relationship with assigned clients including marketing, administration, training and technical and financial accounting in support of the achievement of business, strategic and financial objectives. This role requires an understanding of underwriting principles, economic trends, and the related business opportunities in India. The role will also be performed in the context of leveraging existing Swiss Re products and understanding regulatory and social constraints in growth markets to extend new business opportunities.This role, working with the Director, Head of Client Underwriting, P&C India, shall constantly endeavour to increase Swiss Re's profile in the area of client servicing and making Swiss Re as the preferred reinsurance solution provider.Key responsibilities may include

End-to-end underwriting analysis of core business including risk selection, primarily simple costing, contracts review and structuring, incorporating and improving relevant technology to make informed decisions
Understanding clients/brokers needs to develop and implement appropriate reinsurance solutions.
Grow the core business by developing opportunities in the portfolio in collaboration with relevant specialists and driving toward the principle of "right service right client"
Taking a holistic view in relation to the allocated clients by ensuring an entire service proposition is provided that considers all business opportunities, including facultative and treaty business.
Anticipate and understanding competitor offerings as well as industry, economic and market trends
Maintaining relevant depth and breadth of knowledge and understanding of the operations, structure and issues regarding allocated clients.
Collaborating with Product Underwriters on strategy, evaluation of treaties, decisive actions within your assigned clients to meet standards and guidelines
Supporting the Market Head in portfolio steering, transformational underwriting initiatives and underwriting excellence activities to achieve best-in-class treaty business

About the teamCome join a team of client underwriters that are smart, dedicated and thrive on building the best portfolio in the market! We believe in teamwork, supporting one another and an exciting journey to success.We partner with our clients for their reinsurance needs and develop propositions and solutions to help close the protection gap in India.About YouYou have strong interpersonal and teamwork skills, and pride yourself on your analytical and organizational skills. You have exceptional communication and client management skills that help you build and develop relationships with clients and brokers

Minimum of 12-15 years of experience in insurance/reinsurance underwriting, portfolio and/or client management
Having prior treaty analysis and underwriting experience preferably in property business
Familiarity with NATCAT, fire, motor and liability costing

Strong quantitative/analytical skills, underwriting judgement and experience with risk selection/evaluation as well as a flair for wording and costing issues
Understanding of the end-to-end (re)insurance value chain and relevant market knowledge (e.g. trends, competitors, capital markets context)
Experience in managing treaty clients and brokers
Consultancy skills (listen, ask right questions and "connect the dots"), coupled with financial acumen and relevant corporate finance knowledge
Proven self-starter who works proactively with internal teams to deliver client solutions
Entrepreneurial mindset (sense of urgency, cost consciousness and personal risk taking), committed to sustainable performance and continuous improvement
Organizational/project management skills, ability to manage peak period workload
Ability to work independently as well as to collaborate in a team environment

Flexible to travel within India to meet clients and to Asia to facilitate interaction with the Asia Divisional offices

We are looking for team members who stand for integrity, improve continually, and navigate ambiguity. This means having the courage to be curious and to stretch yourself beyond what you already know. We want team members who inspire change fearlessly and don't always opt for the easy option, and can stay calm, focused, and resilient during difficult times.Regardless of what position we have at Swiss Re, all of us can be courageous, which will also help us in our personal and professional growth.Swiss Re offers modern hybrid working arrangements that allow all employees to adapt to changing work preferences. We currently provide employees with attractive offices, competitive benefits including annual leave, work anniversary leave and insurance coverage for medical, personal accident and life.We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.We look forward to your application!

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