Title:  Underwriter Aviation Direct (m/f/d)*

Global Specialty Insurance is Munich Re´s dedicated entity for all primary Specialty Insurance lines. Within GSI, Aviation Direct is responsible for primary insurance and facultative reinsurance with a global mandate for direct aviation business (our clients are airlines, aircraft manufacturers, and leasing companies). Aviation Direct de facto acts as an insurance company in a challenging and specialized niche market.

To add to our team of recognized experts, we are currently looking for an encouraged and motivated Underwriter for our growing Airline or Aerospace and General Aviation segments. The range of activities in this position is varied and encompasses underwriting as well as managing our client and broker relationships.

Your Job

• Responsibility for underwriting the assigned portfolio, the worldwide aviation business with a focus on airlines or aerospace and general aviation
• Executing our underwriting strategy and actively generating new business
• Optimizing top and bottom-line results for assigned clients by offering the most adequate solution based on risk analyses and pricing assessments
• Client and key account management for large airlines, understanding their risk landscape and finding opportunities for new business solutions and risk management offerings, and taking a lead role in large and complex client projects
• Developing and maintaining strategic dialogue with broking houses in London as our business producers
• Managing our general aviation MGAs including developing growth strategies and driving automation initiatives
• Observing and analysing the aviation market and industry trends as well as ensuring underwriting and pricing quality and efficient business workflows
• Helping to ensure opinion leadership internally and externally, while establishing, retaining and transferring know-how in your field of responsibility and taking part in industry visits and international conferences
• Ensuring cross-line interaction and collaboration beyond our divisional unit

Your Profile

• University degree or professional insurance qualifications
• Underwriting experience in aviation with sound knowledge of the airline or aerospace and general aviation underwriting segments
• Proficiency in risk assessment, pricing and wording of (primary) insurance contracts
• Strong negotiating skills and proven track record in managing client relationships
• Genuinely collaborative, team-oriented working approach
• Willingness to take responsibility and make decisions
• Fluent business English
• Willingness to travel

Application Instructions

In order to consider your application, we require your application to be submitted via our online applicant portal. In addition to uploading your CV, we recommend writing a cover letter to tell us more about why the position is of interest to you.

About us

As the world's leading reinsurance company with more than 11,000 employees at over 50 locations, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into a manageable risk we enable fundamental change. Join us working on topics today that will concern society tomorrow, whether that be climate change, major construction projects, medical risk assessment or even space travel. 

Together we embrace a culture where multiskilled teams dare to think big. We create the new and the different for our clients and cultivate innovation.

Sounds like you? Push boundaries with us and be part of Munich Re.

Our employees are our greatest strength. That’s why we offer them a wide range of benefits. You can find some examples below.

Unlock your potential

• Diversity, Equity & Inclusion: we embrace the power of differences and are convinced that diversity fosters innovation and resilience and enables us to act braver and better.
• Continuous Learning: we believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.
• Career Mobility: we actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you.

Rewards & Recognition

• Competitive salary: appropriate compensation for your high level of commitment.
• Retirement provision: state of the art in-house pension solutions.
• Work-life balance: promoting the compatibility of family and work in addition to overall work-life balance.
• Health management: focus on your physical and mental health far beyond legal requirements.
• Hybrid working: living the best of both worlds – we offer you a very flexible approach as well as the opportunity to work from abroad on an occasional basis.

* Munich Re not only stands for fairness with regard to its clients; it is also an equal opportunities employer. Severely disabled candidates will also be prioritized, if equally qualified. 

Münchener Rückversicherungs-Gesellschaft
Laura Fuchs

HR Consultant