Fac Underwriting Analyst II
Swiss Re
full-time
Posted on:
Location Type: Hybrid
Location: Bangalore • 🇮🇳 India
Visit company websiteJob Level
JuniorMid-Level
About the role
- Work closely with Facultative Property underwriters & other XFT's to provide accurate costing (i.e. NAT CAT, Fire) and risk assessment for the relevant exposures
- Perform CAT Modeling, Fire Pricing, Loss comparisons with reasoning and risk accumulation checks
- Understand the overall P&C FAC underwriting business process & provide data analysis to help underwriters price policies appropriately based on risk factors
- Ensure proper coordination with the local desk underwriters, Hub underwriters in Bangalore and other stakeholders
- Prepare data reports and insights for underwriting and senior management on risk portfolio analysis
- 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
- Identify and recommend improvements to existing processes, tools, or models to enhance underwriting process and efficiency
Requirements
- Bachelor's degree in finance, Engineering, insurance, or a related field
- At least 2-3 years of experience in the Insurance and Reinsurance industry, with a strong focus on catastrophe modeling, pricing support, or risk analysis
- Understanding of critical data inputs driving NAT CAT Modeling and Fire pricing
- Hands-on experience with Catastrophe risk models (RMS, AIR, or similar tools)
- Knowledge of Property lines policy terms/conditions and wording
- Strong analytical, problem-solving, and critical-thinking skills
- Strong working knowledge of Microsoft Office (Word, Excel, PowerPoint, etc.)
- Understanding and demonstrating sensitivity toward cultural differences
- Excellent listening, written, and verbal communication skills in English (other foreign languages are a plus)
- Strong attention to detail and ability to manage multiple priorities effectively with customer focus
- Flexibility to work during APAC time zone
Benefits
- Hybrid work model where you will be in the office at least three days per week
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
catastrophe modelingrisk analysispricing supportdata analysisloss comparisonsrisk accumulation checksproperty lines policy termscritical data inputsanalytical skillsproblem-solving skills
Soft skills
communication skillslistening skillsattention to detailflexibilitycustomer focusrelationship buildingteam growthcultural sensitivitycritical-thinking skillsability to manage multiple priorities
Certifications
Bachelor's degree in financeBachelor's degree in EngineeringBachelor's degree in insurance