Underwriter Surety

Swiss Re; Kuala Lumpur; On-site; MYR 70,000 - 90,000; Full time

Job summary

A global insurance company seeks an Underwriter in Kuala Lumpur to support the underwriting of surety business across Asia Pacific. Responsibilities include assisting with risk assessments and transaction analysis, preparing documentation, and collaborating closely with various departments to ensure smooth execution. Candidates should have at least 3 years of experience in banking or insurance, strong analytical skills, and effective communication abilities. This role offers opportunities for professional growth within a supportive and inclusive team environment.

Qualifications

• Minimum 3 years of relevant working experience, preferably in banking or surety insurance.
• Basic understanding of credit and financial statement analysis.
• Eager to learn and develop underwriting expertise.

Responsibilities

• Assist with analysis of new opportunities including credit assessments.
• Prepare submission packs and documentation for approval.
• Review and negotiate policy wordings and legal documents.

Skills

Strong analytical skills

Organizational skills

Communication skills

Team player

Problem-solving

Attention to detail

Tools

Microsoft Word

Microsoft Excel

Job description

About the Role:

As an Underwriter in the Surety team, you will support the underwriting of surety business for corporate and financial institution clients across Asia Pacific. You will support risk assessment, transaction analysis, and portfolio management, working closely with Senior Underwriters and cross‑functional partners. This role is designed for growth - learn from experienced specialists and build your underwriting capability in a fast‑paced, global environment.

Key Responsibilities:

• Assist with analysis of new opportunities (including basic credit assessment), covering corporate background, economic, industry, and transaction‑specific risks
• Prepare submission packs and supporting documentation for approval workflows
• Help review and negotiate policy wordings and legal documents under supervision
• Maintain accurate records and trackers for active transactions, endorsements, and releases
• Work closely with Operations, Credit Risk, Claims, Legal, and Compliance to ensure smooth execution and timely delivery
• Participate in team routines, case discussions, and training sessions to deepen underwriting knowledge and broaden commercial acumen

About the Team:

You will be part of an engaged, collaborative team of 4 professionals located in Shanghai, Sydney and Singapore. We serve leading corporates and financial institutions on cross‑border transactions, and we’re passionate about delivering disciplined, client‑focused solutions.

About you:

• Minimum 3 years of relevant working experience, preferably in a bank, large credit or surety insurer or reinsurer
• Basic understanding of credit and financial statement analysis
• Strong analytical and organizational skills, with attention to detail, and resourcefulness in problem solving
• Eager to learn and develop underwriting expertise
• Good communication skills in English (Mandarin or other Asian languages are a plus)
• Team player with a positive attitude and willingness to take initiative
• Able to work independently and manage multiple tasks under guidance
• Proficient in Microsoft Word and Excel

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 14,000 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.

Keywords:

Reference Code:136378