Title: E&S Casualty Underwriter Senior
San Francisco, CA, US
E&S Casualty Underwriter Senior
The Company is open to considering candidates in numerous locations, including San Francisco (CA), Phoenix (AZ), Scottsdale (AZ), Dallas (TX), and Chicago (IL).
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
Welcome to Munich Re Specialty - North America, a leading specialty insurance provider dedicated to delivering exceptional underwriting, claims, and risk management expertise to our partners and customers. As a trusted industry expert, we offer a broad range of comprehensive and customized solutions, including casualty, professional lines, property, surety, and public entity coverages. With the financial strength and global resources of our A+ Superior (A.M. Best) rated organization, we provide unmatched stability and reliability. Our team is committed to superior service levels, a distinctive approach to specialty solutions, and a deep understanding of the complex risks our clients face. Join our team and be part of a dynamic and experienced organization that is shaping the future of specialty insurance in North America.
The Opportunity
Future focused and always one step ahead!
As a member of our E&S Casualty team, you'll be responsible for the production, underwriting and retention of profitable E&S primary casualty business through the cultivation and maintenance of broker relationships.
Responsibilities:
In this position you will:
- Underwrite, market, quote, bind and retain a profitable book of excess and surplus lines business that meets profitability and growth targets. Operate within granted authority and guidelines and make referrals to underwriting leadership as appropriate.
- Development and execution of production strategies and business plans to implement and maximize growth objectives and rate goals. Coordination with other Munich Re business units is expected and encouraged to offer the best holistic solutions to our clients.
- Measure and optimize portfolio progress by reviewing and analyzing underwriting data and monitoring industry best practices to identify opportunities for continuous improvement
- Cultivate and maintain professional wholesale broker relationships.
- Represent the Munich Re brand and Munich Re Specialty Insurance at client events, seminars, meetings, etc.
- Assistance in day to day operations and projects as assigned which could have client, business group, divisional and corporate impact.
Qualifications:
- 7+ years of experience in insurance and/or reinsurance focusing on E&S casualty lines of business
- Excellent underwriting, marketing and analytical skills
- Advanced insurance certifications (e.g. CPCU) preferred
- Advanced working knowledge of Commercial P&C / E&S products and insurance concepts, UW processes and procedures, laws and regulations, terminology, and other relevant industry trends
- Proficiency in the use of pricing models, tools and other risk evaluation models
- Successful track record of developing and maintaining strong relationships with wholesale brokers
- Tech savviness and a willingness to experiment with and learn new technologies
- Ability to think strategically and function tactically
- Exceptional communication skills that energize and engage brokers, clients and colleagues and the ability to convey a vision and client-focused solutions
- Ability to present and negotiate complex agreements with brokers
- Effective time management and organizational skills
- Willingness to travel 20%-30%
The Company is open to considering candidates in numerous locations, including San Francisco (CA), Phoenix (AZ), Scottsdale (AZ), Dallas (TX), and Chicago (IL). The salary range posted below reflects market variations across various locations. The offer will be adjusted per geography.
The base salary range anticipated for this position is $135,600-$226,100, plus opportunity for company bonus based upon a percentage of eligible pay. In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).
The salary estimate is adjusted to reflect the varying market conditions across different locations, with the with the higher end being more aligned with the San Francisco job market. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role. Most candidates will start in the bottom half of the range.
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.
We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Nearest Major Market: San Francisco
Nearest Secondary Market: Oakland