Title:  Senior Corporate Underwriter - Casualty (m/f/d)*

Corporate Underwriting bundles activities for supporting high-quality risk-adequate underwriting in the reinsurance segment. Its core function is to ensure that Munich Re meets its own claim to “best in class’' in underwriting. The section "Casualty, Marine, Aviation & Cross Line" as part of Corporate Underwriting Non-Life supports the business units to profitably expand Munich Re’s non-life business. The main responsibility is the implementation of the risk management and business support function Casualty, Marine and Aviation regarding the following core functions: Underwriting Strategies, Portfolio Control, Risk Assessment, Emerging Risk Identification, Quantification and Control of Man Made Accumulation Risks and certain cross-line topics.

We are looking for a Senior Corporate Underwriter to support our team.

Your Job

• Developing company-wide perspectives on underwriting-related topics at Munich Re
• Identifying, analyzing and following up on Casualty underwriting related topics, trends and developments with high strategic relevance for our Casualty portfolio and deriving recommendations
• Setting best practice standards, underwriting guidelines, policies and strategies for all aspects of underwriting and implementing appropriate quality assurance measures
• Supporting and advising the underwriting units on daily questions and complex issues pertaining to the underwriting of individual Casualty treaties or risks, including non-traditional reinsurance
• Analyzing and assessing complex and/or large treaties and single risks or new products
• Leading or participating in underwriting related cross-divisional projects and reviews
• Quality assurance of publications and presentations in the line of business topics
• Development of line of business relevant knowledge including design and implementation of corresponding training measures in cooperation with CU Knowledge Management
• Recognizing any need for generating and transferring Line of business specific underwriting knowledge within the Group and developing and carrying out initiatives to improve the underwriting excellence in the business units
• Stakeholder management including regular communication measures appropriate for the target groups (e.g. business units, other CU units)

Your Profile

• Recognized expert in Casualty with in-depth knowledge and several years of extensive practical experience in operational underwriting, ideally including experience in US Casualty business and/or with international clients
• Ability to combine a strong technical underwriting background with excellent strategic skills, strong ability to abstract and think holistically, conceptually and strategically
• Sound understanding of portfolios and portfolio steering, including Munich Re’s tool and reporting landscape
• Strong understanding of legal environments and changing legal landscapes
• A strong passion for performance, a willingness to take on responsibility, and the ability to make sound decisions, while inspiring others with enthusiasm and commitment
• Extensive experience in project management with a proven track record of successful project execution
• Enjoyment in tackling complex and innovative challenges in a dynamic and demanding environment
• Good understanding of business challenges and solution-orientation
• Methodological and didactic skills, inter-cultural competence
• Team player with experience working alongside diverse stakeholders
• Keen interest in emerging topics, trends, and developments, such as emerging risks and exposures
• Excellent networking abilities
• Excellent command of English, both written and spoken

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
David Brengelmann | HR Consultant