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Location: 

Shanghai, 31, CN

 

Chief Underwriting Officer Greater China 

About Swiss Re

Swiss Re Corporate Solutions provides risk transfer solutions to large and mid-sized corporations around the world. Its innovative, highly customised products and standard insurance covers help to make businesses more resilient, while its industry-leading claims service provides additional peace of mind. Swiss Re Corporate Solutions serves clients from over 50 offices worldwide and is backed by the financial strength of the Swiss Re Group.

 

About the Role

The Chief Underwriting Officer for Greater China is a key position to drive, plan and coordinate the management and execution of underwriting initiatives within the local and group underwriting framework. The person will be leading a team of underwriters crossing various lines of business to set and execute local risk appetite and strategy, ensuring the expected results and profitability.

 

The Chief Underwriting Officer will report to the CEO of Corporate Solutions Greater China and with dotted line report to CEO of Corporate Solutions APAC and the Head of Credit and Specialty lines, ensuring full alignment with Regional and Global Products Heads. He/she assumes management leadership over the entire Greater China underwriting team, across all Lines of Business. The local LOB Heads will report on a technical/dotted line to their regional/global heads, as the case may be.

 

About the Team

- Coordinates the development and implementation of local underwriting strategies fully aligned with global business goals and strategies, optimizing the local operating model in order to guarantee sustainable and profitable growth, penetration in selected markets and definition of the appropriate channels, as well as the design of the adequate product strategy.

- Ensures two way communication flow with Global / Regional underwriting heads on trends, threats and opportunities potentially of interest to the Corporate Solutions overall.

- Carries out effective oversight and control of local underwriting risks in line with agreed policy and risk appetite. Makes sure all controls are in place, effective and constantly updated. Ensures a high degree of costing adequacy, underwriting quality and outperformance.

- In coordination with all global and regional heads, evaluate the quality of the underwriting capabilities and the allocation of underwriting resources on a regular basis and implement actions to close identified skill gaps and to maintain or improve the portfolio quality.

- Guide the local Risk Engineering team on a dotted line reporting line and granting full alignment with business strategy and needs.

- Provides expert advice and guidance to the local business leaders, Committees and Board of Directors on all underwriting matters to enable informed decision-making.

- Ensures compliance with Corporate Solutions guidelines.

- Acts according to company's Code of Conduct.

- Lives the Group Values and Corporate Solutions Key Behaviours.

 

About You

- Proven leadership skills, experience to lead and engage large teams in local environment in China as well as in a global context

- Great communication and interpersonal skills

- 15 years plus of underwriting experience in key segments with hands on underwriting knowledge in Great China region for more than 10 years (large corporates, local ceding company environment, middle market and SME)

- Strong knowledge of P&C insurance industry trends and cycles and their impact on products and profitability

- Track record in preparing and executing strategic plan to achieve sustainable and profitable growth

- Solid network with broker community in Greater China region and sound knowledge of reinsurance structures/placement

- Known and respected in mainland China market is a plus

- Minimum Bachelor degree

- Fluent in English and Chinese (spoken and written)

 

 

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