Hybrid Senior Casualty Facultative Underwriter (Singapore, SG) presso Swiss Re Group

We are looking for an ambitious Casualty Underwriter who has the skills, drive and commitment to develop his/her career in Swiss Re Reinsurance Division as one of the world's global reinsurance leaders. This is an exxciting opportunity to expand your expertise across major casualty and financial lines—including motor and group personal accident—while gaining regional exposure through peak renewals and cross-market collaboration across Asia.

You will be part of our Asia Facultative Team to grow a profitable Casualty facultative book primarily in in South-East Asia and India region whilst executing our Swiss Re Fac Go-To market strategies and promoting our presence and propositions to brokers and clients. You will also get exposure beyond the South-East Asia market through supporting peak renewals and 4-eye consultation of other markets within Asia. The role further entails exploring growth opportunities for SwiftRe®, Swiss Re's cutting edge end-to-end global digital platform for small and medium industrial and commercial businesses.

Swiss Re is a bottom-line driven company and your performance will be measured based on bottom line growth.

The role reports into the Head Casualty Facultative Greater China and Southeast Asia, based in Singapore.

About the Role

Key Responsibilities

Underwriting and Business focus:

• Be the first port of call for Fac business, and provide high quality, timely and appropriate service to clients and brokers whilst complying with underwriting authority and guidelines
• Grow a profitable and balanced Casualty Facultative book in accordance with the planned portfolio targets and Go-To Market strategy, within stated underwriting guidelines and other governance rules.
• Monitors portfolio metrics and observe external risk landscape & trends and steer portfolios to reach profit targets and the Target Casualty Portfolio
• Mitigates volatility, manages line size and explores alternative approaches that allows us to write business profitably and meet client needs
• Drive facility growth and unlock opportunities in small to mid-sized industrial and commercial segments.
• Provides high quality and timely underwriting service to brokers and clients
• Actively seeks and procures opportunities in the market through high quality client and broker interactions, relationship building and engagement
• Builds strong new business pipelines and boosts renewal retention to strengthen Swiss Re Fac’s commercial position and pricing adequacy.
• Develop and monitor budgets and business plans to ensure timely steering and reporting.
• Ensures diligent use of pricing / modelling tools and robust reflection of pricing to exposure and risk quality, proactively improves data transparency and accuracy
• Cross sells Property and other lines of business where possible
• Helps train and retain underwriting talent
• Supports underwriting peer reviews & audits and implements audit recommendations
• Provides underwriting support to other Swiss Re offices and handles ad hoc tasks as needed.
• Drive business origination and enhance relationship building with clients and brokers
• Improve efficiency & productivity
• Proactively manage operational risks and ensure Operational Risk Management (ORM) compliance and contribute to the ORM process and internal risk reviews

About the Team 

This is a great opportunity to join the Swiss Re Singapore Casualty Facultative Team, part of the Asia P&C Facultative Underwriting community across our Asia Pacific local business units which share the common vision and goals to collaboratively grow our Fac business across Asia territories from Japan, Korea to Greater China, Southeast Asia, India and Australia and New Zealand.

In this role you will be an important member of a new and energetic team that facilitates entrepreneurial & team spirit, underwriting expertise, resilience, as well as your personal and professional development

You can expand your expertise across major casualty and financial lines—including motor and group personal accident. Gain regional exposure through peak renewals and cross-market collaboration across Asia.

Thrive in a collaborative, multicultural environment that values ownership and exceptional client service.

About You

• 12 years or more of relevant underwriting experience and up-to-date insurance and reinsurance product and market know-how or in a corresponding reinsurance/broker area, preferably in South East Asia markets but experience in other emerging markets will be considered.
• Experience in markets APAC, SEA, Indian sub-continents are added advantages.
• Experienced in underwriting Casualty and Financial Lines, with added value in Motor and Personal Accident products. 
• Expertise in underwriting facultative facilities.
• Market network and relationships.
• Open to travel based upon business needs.
• Thrives in a collaborative, multicultural matrix environment—taking ownership and going the extra mile to deliver exceptional service to clients and brokers.
• Ability to learn and deliver under pressure and at ease with going outside of comfort zone
• Proven track record as a successful salesperson and deal maker
• Strong teammate and effective communicator, both written and verbal
• Efficient and pragmatic, gets things done.