Bangalore, KA, IN
Senior Specialty Underwriting Analyst
Senior Specialty Underwriting Analyst/ Specialist (Underwriting/Actuarial/Analytics)
Are you ready to shape the future of reinsurance with your analytical expertise? Join our dynamic team at Swiss Re, where your skills in underwriting analysis will drive transformation in how we evaluate and price specialty risks. This role offers a unique opportunity to blend technical prowess with business acumen in a global, collaborative environment that values innovation and diverse perspectives.
About the Role
As a Senior Specialty Underwriting Analyst, you'll be at the intersection of data, analytics, and business strategy, helping to revolutionize our approach to specialty underwriting and tools. You'll collaborate with underwriters worldwide, providing crucial insights that inform risk decisions and portfolio management while contributing to transformative projects that are reshaping our industry.
Key Responsibilities
- Develop and enhance specialty costing/pricing tools in collaboration with actuarial and tools teams
- Create and refine costing processes for Specialty, including developing guidelines and best practices
- Analyze industry trends and conduct actual vs. expected performance studies to improve model accuracy
- Leverage various dashboards to evaluate portfolios and deals, performing actuarial analyses and business intelligence tasks
- Conduct end-to-end specialty treaty costing during renewal cycles and off-season periods
- Collaborate closely with global Underwriters to provide tools and costing support
- Deliver detailed analytics and insights that drive informed underwriting decisions
About the Team
The Specialty Transformation team owns the strategic roadmap and changes management of Specialty tools, data, and UW processes, which includes both Facultative and Treaty business. It drives the Specialty data and tech strategy and is responsible for the adaptation of tools and data services within Specialty. As the dedicated Specialty team in Bangalore, the Specialty Transformation Bangalore team support underwriting, tool development, and actuarial tasks. We work closely with underwriting teams and partnering functions, including Product & Delivery Team, UW Excellence, and UW transformation. The team is part of the Specialty Centre, enabling the Global Specialty Market Unit according to the Centre mandate of "build, advise, steer".
About You
You're an analytical thinker who thrives in complex environments and enjoys translating data into actionable business insights. You communicate effectively across diverse teams and are passionate about innovation in the reinsurance space. Your collaborative approach and problem-solving mindset enable you to navigate challenges while contributing to transformative initiatives.
We are looking for candidates who meet these requirements:
- Minimum of 6-8 years in the insurance or reinsurance industry, with experience in underwriting and reinsurance treaty pricing
- M.Sc. or Ph.D. in a scientific discipline (Mathematics, Physics, Statistics, Computer Science, Actuarial Science, Engineering)
- In-depth understanding of various reinsurance structures and costing methodologies
- Excellent communication skills with the ability to engage effectively with diverse perspectives
- Strong conceptual and analytical problem-solving abilities
These are additional nice-to-haves:
- Familiarity with a Specialty Line of Business (Marine, Aviation, Engineering, Agriculture or Cyber)
- Experience with programming languages such as Java, R, Python, C++, or C#
- Willingness to pursue an actuarial qualification
- Experience working in international, multicultural environments
- Product ownership or project management experience
We are an equal opportunity employer, and we value diversity at our company. Our aim is to live visible and invisible diversity – diversity of age, race, ethnicity, nationality, gender, gender identity, sexual orientation, religious beliefs, physical abilities, personalities and experiences – at all levels and in all functions and regions. We also collaborate in a flexible working environment, providing you with a compelling degree of autonomy to decide how, when and where to carry out your tasks.
Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week.
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.
If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
Reference Code: 136471
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