Title:  Underwriting Assistant #8432

Job ID:  8432
Location: 

Philadelphia, PA, US

Facility:  Munich Re Specialty - North America
Description: 

Underwriting Assistant

 

We are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients.

 

The Company

 

Munich Re Specialty - North America provides extensive, specialty property and casualty insurance solutions to customers through select brokers, Managing General Agents, program administrators, cover holders and insurtech partners. Products include: property, casualty, professional liability and other specialty insurance solutions. Our comprehensive, customized solutions are provided by A+ rated carriers and are tailored to clients’ needs. We offer superior service levels, industry-recognized underwriting and claims expertise and innovative approaches to complex and evolving risks.

 

Munich Re Specialty - North America is a description for the insurance business operations of affiliated companies in the Munich Re Group that share a common directive to offer and deliver specialty property and casualty insurance products and services in North America. For more information on Munich Re Specialty – North America, including licensing, regulatory-required, and other information on the operating companies, visit  Munich Re Specialty - North America Disclosures

 

The Opportunity

 

Future focused and always one step ahead!

 

Within Munich Reinsurance America, Inc., Munich Re Specialty Insurance brings together a number of existing primary insurance businesses focused on MGA/program business and binding authority/brokerage as well as larger single-risks. Munich Re Specialty Insurance, which also includes a start-up Excess & Surplus (E&S) unit, will create a lean and agile commercial insurance operation that is simple, customer-focused and digitally-enabled to address the complex needs of our customers and help them adapt to a changing market.

 

Responsibilities

•           Support new and renewal underwriting tasks for 1-3 specialty insurance business units

•           Input statistical information needed to support decomposing and clearing of submissions, quote, and policy development

•           Research risk information in support of underwriting decisions

•           Collect, process, and store all appropriate documentation according to internal processes

•           Interact (although infrequently) with broker agents

•           Interact with internal stakeholders in support of underwriting decision making

•           Perform additional duties as assigned

 

Qualifications

 •          Bachelor’s degree in related field

•           2-3 years in similar role supporting similar business types

•           Excellent customer service with ability to take ownership and drive issues to resolution

•           Highly adaptive and able to work effectively in changing environments

•           Working knowledge of Excel and Word

•           Ability to work quickly and with little to no oversight

•           Appreciates a fast paced, team first, solutions oriented culture

 

 

At Munich Re, we see Diversity, Equity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.   

 #LI-JR1

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 


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