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Bangalore, KA, IN

Senior Risk Engineer Loss Analysis 

Corporate Title: Vice President 

Division: CSB-Underwriting Bespoke (51002085)

Department: CSBN-Risk Engineering Services (50004639)

Recruiter: Kunal Ghera

Hiring Manager: Soumava Dasgupta 

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.

At Swiss Re we combine experience with creative thinking and cutting-edge expertise to create new opportunities and solutions for our clients. This is possible thanks to the collaboration of our 15,000 employees across the world.

We offer a flexible working environment where curious and adaptable people thrive. Are you interested in joining us?

About the role

We are looking for support on building up a loss database and analysing losses for the risk engineering team. This will include General Property as well as Energy (Oil & Petrochemicals, Mining and Utilities) and Casualty losses. The main tasks would be:


  • Development, Specification, Maintenance and Ownership of the RES loss database.
  • Monitoring the status of losses and ensuring new losses meeting our criteria are recorded in the database.
  • Ensuring that RES Engineers complete assigned loss analysis tasks in RES NG.
  • Conducting periodical data analysis of the loss data from RES NG e.g. using Power BI.
  • Ensuring the programme of writing up lessons learned is carried out by designated RES Engineers. The candidate will also be required to develop lessons learned documents from existing loss information.
  • Regular communications with different stake holders such underwriting, claims and the risk engineering community.
  • Develop progress and status reports to the RES Management Team as directed by the team Leader.
  • Formulate new ideas – how to gather information on new losses, communication of loss information internally and externally, etc.
  • Close interaction / collaboration with the various regional Engineer/s, various IT teams based in Bangalore and worldwide
  • Collaborating with various internal and external teams on best practices and industry updates
  • Support internal and external processes and workflows, suggest improvements based on data analysis and provide insights into the enterprise operations.

Proactively maintains and expands own expertise


About the team

  • Swiss Re Corso offers innovative insurance solutions for multi-national corporations around the globe. Backed by the financial strength of the Swiss Re group, we assist more than 50,000 customers worldwide in mitigating their risk exposure. With a workforce of over 1,200 experts in more than 40 offices, Swiss Re Corporate Solutions is a growing business unit within Swiss Re that is seeking entrepreneurial talent.
  • Risk Engineering Services (RES) is represented globally in all main geographies and in more than 20 Swiss Re offices worldwide. RES is organized regionally for the general property business and globally for the specialty business. All RES managers ultimately report to the head RES located in Zurich. RES operates through a matrix organisation.
  • The position would have a matrix reporting with organizational reporting to CorSo RES Bangalore head and functional dotted line to the worldwide RES Understanding of Loss Team Lead.


About you

  • A graduation degree (preferably a Chemical or an Industrial engineer)
  • Strong industry knowledge of any one or more selected industries – ideally by having worked in these industries for several years in multiple roles (preference to those who can demonstrate their keen interest and/or involvement in loss understanding and analysis)
  • Experience in Risk Engineering in Insurance / Reinsurance in addition to above would be added advantage but not a must
  • Min 12-15 years' relevant experience preferred (those with less experience but min 7-10 years relevant can also apply, but would be considered for a lower band)
  • Good IT knowledge (Excel, Macro, VBS as well as DB programming expected; Share Point knowledge desirable but not a must)
  • Self-motivated and independent learner
  • Has a very strong service-oriented approach backed up by very good skills in communicating with various global teams
  • Can exhibit and demonstrate analytical thinking to drive insights from data with the ability to communicate data findings through engaging stories that are easy to understand
  • Can identify new opportunities to bring new process improvements specially in reporting aspects
  • Can quickly assesses the big picture in complex situations and identify what is critical
  • English language proficiency, another international language could be advantageous, International experience preferred
  • Has good negotiating capability and is strong Team Player

Reference Code: 91764 


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