Underwriter Engineering & Construction P&C

Swiss Re; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

Swiss Re in Kuala Lumpur seeks an engineering underwriting professional to support underwriting and day-to-day operations across Malaysia and SEA/Australia markets. The role also provides pre-underwriting analytical support to other Asian desks.

You will analyze infrastructure insurance businesses, build partner relationships and collaborate with cross-functional teams to implement market strategies and growth initiatives. Travel occasionally may be required.

Qualifications

• Engineering degree required for the role.
• Underwriting experience in primary insurance or reinsurance is an advantage.
• Experience in infrastructure projects or loss adjusting is preferable.
• Willingness to travel occasionally.

Responsibilities

• Analyze and assess infrastructure insurance businesses regarding risk exposure, coverage review, risk modelling and costing.
• Support business origination and build strong relationships with business partners in assigned markets.
• Follow up on post underwriting activities including documentation, amendments, and reserving review.
• Collaborate with cross-functional teams to execute market strategies.
• Provide technical advice and conduct training sessions for Swiss Re clients and internal teams.
• Support Swiss Re Engineering Digital strategy, new product development, market research and growth initiatives.
• Coordinate with internal stakeholders across Specialty lines, Key Account managers, P&C units, Business Services, Claims and Finance

Skills

Analytical skills

Stakeholder management

Team collaboration

Commercial mindset

Willingness to travel

Education

Engineering degree

Job description

Location:

Kuala Lumpur, MY

Infrastructure investment in Asia over the next decade presents significant business opportunities due to population growth, urbanization, and energy transition. We are looking for a highly motivated and result oriented talent who has solid engineering knowledge to join Asia engineering reinsurance team in support of our strategy in Asia Infrastructure segment.

About the Team

The Asia Engineering team is a key region under Swiss Re Global Engineering unit. Globally we have around 80 engineering underwriters from different engineering disciplines. We are problem solvers driven by passion and powered by knowledge. We partner with our reinsurance clients to foster grow and build a more resilient world.

About the role

You will report to a team leader in the Kuala Lumpur office and will be to support our underwriting and daily operation for seeking profitably growth in engineering reinsurance businesses, both treaty and facultative, in Malaysia and other assigned markets.

Additionally, another 50% of role is to provide pre-underwriting analytical supports to other Asian Engineering Underwriting desks, primary for SEA and Australian markets.

Key responsibilities

• Analyze and assess infrastructure insurance businesses regarding risk exposure, coverage review, risk modelling and costing.
• Support business origination and build strong relationship with business partners in assigned markets.
• Follow up on post underwriting activities including compiling underwriting documentation in accordance with company guidelines, handling post-bind policy amendments or treaty special acceptance, ensuring data quality in IT system, supporting claim handling and reserving review.
• Collaborate with cross functional team to execute market strategies.
• Provide technical advice and conduct training sessions for both Swiss Re clients and internal teams.
• Support Swiss Re Engineering Digital strategy, new product development initiatives, market research and other growth initiatives such as IDI, Renewable Energy solutions.
• Ensure efficient coordination with internal stakeholders such as other Specialty lines, Key Account managers, P&C Client Underwriters, P&C Treaty / Fac, Business Services, Claims and Finance

About You

• University degree in an Engineering Discipline with 3+ years working experience in infrastructure projects or loss adjusting field handling infrastructure losses.
• Underwriting experience in primary insurance or reinsurance segment is an advantage.

• Passion for learning particularly new technology development.
• Comfortable working in a highly collaborative, multi-cultural and matrix organization.
• Strong sense of ownership and accountability; Commercial mindset with ability to perform under pressure.
• Willingness to travel occasionally.

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. 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 15,000 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.

We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.

Keywords

Reference Code: 139426

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