Senior Underwriter Engineering & Construction

About The Role 

To support the business plan of Corporate Solutions (“CorSo”) in Asia Pacific by sourcing and underwriting engineering business in South East Asia Market as well as in South Korea and India. 

This implies underwriting according to CorSo’s guidelines and best practice and \assuming responsibility for developing and managing client relationships (brokers and corporates) in Singapore as well as in the region. This is a confirmed level role in which the underwriter had a high level of autonomy to develop business. 

Key Responsibilities 

• Understand Group and CorSo sales and underwriting strategy and be able to translate it into concrete business relevant actions in the attributed market. 

• Build or consolidate a network of contacts with decision makers within the broker/client’s organization 

• Attend client and broker meetings with visits and site inspections where necessary. 

• Underwrite business by technically assessing the risk, coverage, terms and conditions. Rates the business within the available rating tool landscape, within guidelines and in accordance with Swiss Re's processes, procedures, philosophy, and risk appetite. 

• Negotiate terms & conditions with the broker and client in line with the business plan and corporate guidelines. 

• Closely work within the underwriting team and other relevant stakeholders in the Group (Products/Risk Engineering /Claims/Management/Actuaries). 

• Manage post underwriting tasks such as amendments/endorsements, project risk management and claims coordination. 

• Act according to the Swiss Re Code of Conduct. 

• Train and support team members development. Contribute to a strong team spirit and mutual support. 

• Contribute to the development of new insurance products. 

About You 

Education & Professional Experience 

• Engineering degree or equivalent with an underwriting experience in Engineering of 5 years preferably in Asia markets. Candidates not holding Engineering Degrees will be considered if they can demonstrate an actual technical understanding of the Engineering business. 
• Strong technical underwriting acumen and focus on service excellence with proven business impact.  
• Ability to assess complex risks, coverage, terms and conditions of a (re)insurance placement. Proficiency in the use of underwriting tools and IT applications. Flair for numbers and ability to interpret actuarial results. 
• Ability to develop strong commercial relationships with brokers, insureds and cedants. 

Language & Technical skills 

• Fluency in English required. Fluency in another Asian Language is highly desirable. 
• Analytical problem-solving skills. Strong financial acumen with insurance market proficiency Strong background in numerical and actuarial analysis. Strong organizational and time management skills.  
• Ability to deal with complexity and sometimes incomplete information. 
• Solid understanding of the insurance environment including understanding of trends and their impact on clients and Swiss Re.