Title: Underwriting Assistant #8432
Philadelphia, PA, US
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.
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We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Nearest Major Market: Philadelphia
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