Facultative Cyber Underwriter

Facultative Cyber Underwriter / Cyber Risk Expert (M/F/d)*

**Company**
Munich Re
**Location**
Munich, Germany

Munich Re Facultative & Corporate (F&C) is responsible for all our business written globally as facultative reinsurance or direct insurance in the lines Property, Engineering, Energy, Casualty, Cyber and New Risk Solutions. We leverage our business-minded expertise and underwriting excellence to set us apart from our competitors and offer tailored solutions across the globe. We focus on complex single risks for corporates (annual turnover over €/$500m, industrial projects over €/$100m), and offer facultative capacity. Our strong global team is one of the growth and result drivers of the Group.

**Your job**
- Assuming facultative underwriting responsibility for large corporate risks ceded by global clients of Munich Re or offered by reinsurance brokers; including all tasks associated with risk and coverage analysis, pricing and contract negotiations in line with Munich Re guidelines
- Support the development of a profitable portfolio of cyber related business, exploiting new business opportunities through active management of broker and client relationships with a particular focus on knowledge exchange and market shaping activities;
- Proactive support of strategy building and consistent positioning during the market cycle as a basis for growing our portfolio in a sustainable and profitable way while establishing Munich Re as a reliable, responsible and knowledgeable partner for clients and brokers
- Negotiating reinsurance terms and conditions in line with F&C strategies and risk appetite and in cooperation with Client Management teams
- Attend client and market-wide cyber meetings, discussing and evaluating client’s individual cyber exposure
- Provide training, quality assurance and technical guidance to other underwriters in the F&C Cyber Munich team
- Lead and contribute to challenging global projects with other Cyber teams and central interfaces
- Ensure close co-operation and collaboration with other F&C Cyber teams to maintain one global F&C Cyber Solutions strategy and allow for a consistent approach to all markets
- Promote F&C/Munich Re’s capabilities in the area of Cyber in client and broker meetings, conferences and market events

**Your profile**
- University degree in IT or Computer Sciences, Mathematics, Law or equivalent qualification with several years of professional experience
- Several years of cyber underwriting experience or related business fields
- Very good understanding of cyber security, cyber risk management and cyber risk mitigation
- Ability to build and maintain relationships with insurance clients, brokers and internal stakeholders
- Ability to contribute on strategy and developing market issues
- Solution-based work approach and a collaborative and team minded work attitude
- Willingness to travel

**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.**Münchener Rückversicherungs-Gesellschaft**
Helen Holland - HR Consultant
Königinstraße 107 - 80802 München - GERMANY