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Underwriter for Global Energy Business

vor 2 Monaten


Munich, Bayern, Deutschland Munich Re Vollzeit

About the Role

Munich Re's Natural Resources Fac team is seeking an experienced underwriter to join our Munich office. As a key member of our team, you will be responsible for underwriting global facultative onshore energy business, with a focus on profitable underwriting and risk assessment of developing technologies.

Key Responsibilities

  • Underwrite global facultative onshore energy business in accordance with our strategy and within designated underwriting authority.
  • Analyze risk inspections and price and accept large and complex energy risks.
  • Control accumulation risks, including natural hazards.
  • Assure compliance with group-wide guidelines.
  • Negotiate with cedents and reinsurance brokers.
  • Develop, maintain, and expand client and broker relationships.
  • Assist in the implementation of portfolio analysis and compile statistics and reports.

Requirements

  • University degree, preferably in engineering or applied science-related discipline, or a recognized professional qualification in insurance.
  • Experience as an underwriter in direct and/or facultative insurance or practical experience as an engineer.
  • Basic knowledge of risk assessment and pricing methods, as well as competencies in the analysis of wordings/contracts.
  • Competencies to quickly learn other occupancies and follow-up on new or developing technologies.
  • Strong negotiation skills and experience negotiating terms and conditions with clients and brokers.
  • Strong sales orientation with the ability to build sustainable relationships with clients and brokers.
  • High degree of responsibility, motivation, decisiveness, and self-employment.
  • Excellent social skills, ability to coordinate and work with an international team.
  • Analytical skills, capability to be innovative and creative.
  • Solution-oriented with a focused, proactive, and efficient work style.
  • Fluent business English is essential.

About Us

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

Our Culture

We create a culture where multiskilled teams dare to think big, embracing a culture where diversity, equity, and inclusion foster innovation and resilience. We believe in continuous learning, career mobility, and rewards and recognition for our employees.