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Singapore, SG

Power & Utility and Downstream Energy Underwriter


About Swiss Re Corporate Solutions

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.

Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.

Swiss Re Corporate Solutions offers a flexible working environment where curious and adaptable people thrive. Are you interested in joining us?


About the Role

To support the business plan of Corporate Solutions (“CorSo”) in Asia Pacific by underwriting Power & Utility and Downstream Energy Property risks according to CorSo’s guidelines and best practice and by assuming responsibility for developing and managing client relationships (brokers and corporates). This is an intermediate level role but offers opportunities for advancement within a few years.

Key Responsibilities

• Understand Group and CorSo sales and underwriting strategy and be able to translate it into concrete business relevant actions

• Build 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.

• Renew allocated existing book of business and underwrite new business by assessing the risk, coverage, terms and conditions. Rates the business within the available rating tool landscape.

• Underwrite the business within guidelines efficiently and effectively 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.

• Ensure compliance with Swiss Re guidelines

• Act according to the Swiss Re Code of Conduct


About You

Education & Professional Experience

University degree or equivalent with an underwriting relevant component preferred Minimum of 3 years of relevant insurance experience. Strong preference for South East Asia market experience. Good level of knowledge and experience in the Power and Energy industries is of advantage. Strong technical underwriting background 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

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. Strong understanding of Property underwriting and insurance products.

Reference Code: 100712 


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