Bangalore, KA, IN

FAC Underwriting Coordinator

Role Overview

Are you a candidate with a strong experience in Facultative re/insurance industry? Are you looking forward to work closely with the Regional facultative underwriter to support them in Pre-underwriting activities and simple and Lean costing. If yes, here is your opportunity to be part of a growing P&C Business Services Designated Facultative team across APAC.

For this role, you need to have in-depth knowhow about insurance and reinsurance products and markets. Deliver timely and accurate business-processing, operational and technical support to underwriting process for Property & Casualty Facultative Underwriters.

Duties and responsibilities directly impact productivity, process efficiency, timeliness, profitability, and accuracy of the underwriting process. In addition, you are expected to be a good teammate with dedication, eagerness to learn and collaboration skills.

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

  • Understand the overall P&C FAC underwriting business process and provide both technical and operational support for APAC's P&C FAC Underwriters
  • Supporting Pre-underwriting activities, handle submissions by performing risk clearing and compliance related checks (AML, ITC) before setting up the Facultative risk in Swiss Re' s admin system.
  • Assist in Pre-Quote and Post Bind processes with simple renewal costing (e.g.: Roll forward & Empowered Pricing)
  • Ensure proper coordination with FAC P&C Desk underwriters, FAC Hub Bangalore and other team members on business deliverables.
  • 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 processes.
  • Monitor respective portfolio performance including data quality, timeliness and key targets
  • Challenging existing processes and closely collaborate with Business Services enabling 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.
  • Good understanding of Facultative Property/ Casualty insurance principles with end-to-end underwriting process flow.
  • 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



About Swiss Re


Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.



Reference Code: 127093 



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