What it does: Swiss Re Australia provides traditional and innovative insurance-related products such as Life & Health reinsurance, Property & Casualty reinsurance, and other forms of insurance-based risk transfer.
Mission: To apply deep knowledge, intelligent data, and capital strength to anticipate and manage risk
Size and presence: The company employs approximately 230 employees.
Best known for: It has underwriting expertise in Property & Casualty, Life & Health reinsurance
The good bits: Flexible hours, hybrid remote work arrangements
The not so good bits: A lot of meetings, especially when overseas visitors come
Swiss Re Group was founded on December 19, 1863. Headquartered in Zurich, Switzerland, it has around 14,344 employees and operates through 82 offices in 29 countries (as of December 2021). Australia has always been an integral part of Swiss Re's business in APAC.
Their vision is to make the world more resilient through the knowledge and capital to anticipate the risks: from cybercrime to aging populations, from natural disasters to climate change. Today 75% of those risks remain uninsured. They aim to change that and intend to create new opportunities and solutions for clients.
Swiss Re has several business units: reinsurance (since its founding in the 1800s), life capital (focuses on the primary insurance market), corporate solutions (its commercial insurance arm), and public sector solutions (dedicated to collaborating with public sector entities, governments, and multilateral organizations).
The company is an equal-opportunity employer that values diversity. It also offers modern hybrid working arrangements that allow its employees to adapt to changing work preferences.
You will enjoy team collaboration and contributing to the broader team on local and global business initiatives. Depending on your role, you may need to travel within Australia and on a limited basis in the APAC region.
Team members are expected to improve continually and can stay focused and resilient during difficult times. You also need to have the courage to drive change fearlessly and not always opt for the easy option.
Here, you will be encouraged to be open-minded and develop a client-centric mentality. Curiosity and a strong interest to learn new skills or knowledge are also important to stretch yourself beyond what you already know.
To join the team, you can apply through their website or link on their social media. Several job openings currently available at the company are: Casualty Facultative Underwriter, Customer Manager, Corporate Actuary (9-month contract), Risk Engineer, Claim Specialist, Senior Property Treaty Underwriter, Senior Actuarial Analyst, Distribution Manager, and Customer & Distribution Management Consultant/Analyst
Some general requirements are a university degree or equivalent education, experience in sales, relationship management and new business origination within the insurance industry.is preferred, effective organizational and interpersonal skills, highly collaborative, high analytical capacity, focus on details, able to work independently, under pressure, and multi-task; customer-focused mentality with strong communication skills, and continuous improvement mindset.
The interview process may consist of three stages: The first is with the HR Department where you have the chance to understand which role can be a better fit based on your profile and skills. The second is a meeting with the Center of Excellence where you can know more about your responsibilities and the company’s work culture. The last one is with the department manager to talk about your previous knowledge and experiences.
In the interview, they may ask you about your CV related to the job requirements, behavioural questions, and case study questions that can be very technical with details on both theory and practical.
To build and develop employees’ skills, the company implements an integrated learning experience that blends digital learning content with leader-led dialogues (through training, online courses, artificial intelligence support, and user-generated content.) It also strengthens leadership skills at all levels globally with curated, digital learning that is available to all employees.
Based on your skills and experience, you can develop to become a specialist in your subject matters in the future. This includes working with experts in various initiatives and projects or working with colleagues from around the world.
The company offers the following benefits to their employees:
Together with their partners and employees, the company strengthens societal resilience in the countries where they operate and in targeted developing regions. Their focus areas are access to health and income opportunities, natural hazards and climate risk management, and innovation for societal resilience.
They also created the Charity of the Year program where they invite employees to select a local non-profit organization to be their Charity of the Year by online vote. The winner will receive a grant from the Swiss Re Foundation for a specific project. Local employees are also encouraged to volunteer for the charity, either through a fundraising event or participating in a community day.
Swiss Re also supports the 'Together with Pride' network that promotes equal treatment for LGBTI. It was launched in 2016, and the network was strengthened further in 2017 in Australia.
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