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Mumbai, MH, IN

Market Underwriter P&C


Position                                Market Underwriter P&C India

Corporate Title                   Assistant Vice President

Location                               Mumbai

Reporting to                        Senior CM P&C India Branch




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 a highly motivated and result oriented Market Underwriter.  You will be a "one stop shop" for our India clients and be accountable for high quality underwriting, account and client management.


You will engage in frequent dialogue with brokers and clients on strategic, financial and technical topics, building long term relationships. With a resulted oriented approach, you will identify and originate new opportunities to support your clients, differentiating Swiss Re and delivering the full value of the organization.



  • Develop and champion client relations across the full range of experience from specialist to senior management levels
  • Find opportunities with existing and new clients to grow the business and develop bespoke reinsurance deals in conjunction with relevant specialists
  • Perform end-to-end underwriting analysis for proportional and non-proportional treaty business, including pricing, contracts review and basic structuring for various lines of business
  • Evaluate and assess risks in accordance with company guidelines and standards, make underwriting decisions within respective authority level
  • Negotiate annual renewal and new business, apply consultative sales techniques to identify clients' needs and deploy services as applicable
  • Build, maintain and further develop a strong internal and external network, including relationships with clients, brokers and industry associations
  • Gather and internally share market intelligence (trends in buying behaviors and competitors' undertakings); attend conferences and market events


About the team

The P&C Client Markets team is responsible for Swiss Re's Property, Casualty and Special Lines business relationships in India. We are an experienced and cohesive community focused to deliver best-in-class service for our clients' delight and our personal growth. You will experience a broad and result oriented office environment where collaboration and fun help create strong bonds. You will closely work with a well-experienced cross-functional team of a fellow Market Underwriter, Solutions Specialists, Client Managers, Contracts and Claims professionals. Part of the team's role is to ensure that all team members are fully aligned and committed to the defined strategy. You would report to the Senior Client Manager of the P&C Client Markets.

About You

  • 7 to 10 years of relevant working experience in the insurance/reinsurance sector.
  • Having prior treaty analysis and underwriting experience preferably in property
  • Familiarity with Natcat, fire, motor and liability costing
  • Customer focused (understand needs and act on them), strong interpersonal skills (comfortable to engage with clients and brokers)
  • Strong quantitative/analytical skills, underwriting judgement and experience with risk selection/evaluation as well as a flair for wording and costing issues
  • Consultancy skills (listen, ask right questions and "connect the dots"), coupled with financial acumen and relevant corporate finance knowledge
  • Solid negotiation and sales skills, ability to successfully handle conflicts, at ease with leaving the comfort zone and to navigate ambiguity
  • Understanding of the end-to-end (re)insurance value chain and relevant market knowledge (e.g. trends, competitors, capital markets context)
  • Entrepreneurial mindset (sense of urgency, cost consciousness and personal risk taking), committed to sustainable performance and continuous improvement
  • Organizational/project management skills, ability to manage peak period workloads
  • Ability to work independently as well as to collaborate in a team environment
  • Comfortable to work in a fast-paced environment and to adapt to change
  • Creative thinking capability and a problem-solving attitude
  • Experience of working in a multi-cultural environment will be an added advantage




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