Senior Underwriter Property Treaty

Location

Munich, Germany

Job type

Full-Time

Work mode

Hybrid

Job level

Professional

Job ID

9844

Company

Munich Re

Employment type

Regular

Area of expertise

Claims & Underwriting

In our division, you can expect a dynamic, empowered and collaborative work environment. Our market and client teams develop and execute progressive market and client strategies which are embedded in our three strategic pillars: Traditional reinsurance, financial solutions and business building. We are looking for an ambitious Senior Property Underwriter who will be in charge of challenging and fast growing key clients in France, Belgium and Luxembourg. Together with a highly motivated and successful market team you have the clear mission to continue developing our traditional and non-traditional portfolio. We expect our staff to be highly independent, motivated, proactive self-starters and team players who will help us meet our divisional unit's ambitious targets.

YOUR JOB

• Underwriting of Property treaty reinsurance business for complex traditional accounts (including structuring, pricing and wording assessment)
• Providing guidance to UW colleagues and experts, promoting consistent UW quality and developing team know-how
• Driving the continuous development of market knowledge and underwriting approaches
• Frequent client and broker interaction and proactive contribution in negotiations in order to expand existing client relationships as well as to identify and develop new business
• Drafting and implementing client and market strategies together with market teams
• Holistic understanding of the Property business of your clients with the goal to understand clients' needs and concerns and to identify business potential
• Development and consistent implementation of concepts and processes for reporting, monitoring and performance- management of traditional and non-traditional business
• Proactive support of the management in the professional and personal development of the overall team and individual Underwriters based on current and future needs
• Active contribution to cross-functional projects in the overall P&C UW team

YOUR PROFILE

• Excellent University degree or insurance-related apprenticeship in combination with in depth professional experience
• Extensive experience in Property underwriting, ideally in various markets, in-depth knowledge of the relevant MR underwriting tools and willingness to work with non-standard pricing tools
• Experience in application of external catastrophe modeling tools preferred (RMS RiskLink DLM)
• High level of dedication and strong customer focus, affinity for developing solutions together with clients
• Creativity, strategic thinking and strong communication skills
• Good team player, willing to share expertise
• Ability to supervise, guide and train others, and to work effectively with people at varying levels within the organization
• Ability to build personal customer relationships
• Analytical thinking, very pragmatic and solution-oriented
• Very good command of written and spoken English and French
• Willingness to travel regularly and to contribute to seminars, workshops and client projects

Application Instructions

In order to consider your application, we require your application to be submitted via our online applicant portal. In addition to uploading your CV, we recommend writing a cover letter to tell us more about why the position is of interest to you.

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.

• Munich Re not only stands for fairness with regard to its clients; it is also an equal opportunities employer. Severely disabled candidates will also be prioritized, if equally qualified.

Münchener Rückversicherungs-Gesellschaft

Yamina Djurisic

HR Consultant

Your Benefits

With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.

Competitive Salary

We provide fair and competitive compensation that reflects your performance and commitment.

Company performance-based Incentives

In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.

Recognition and Special Rewards

We recognise outstanding individual contributions through a variety of targeted rewards and incentives.

Retirement Planning

We support your long-term financial wellbeing with retirement solutions aligned with local regulations.

Inclusive Workplace Culture

We foster a respectful, inclusive, and values-driven environment.

Learning & Development

We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.

Work-Life-Balance

Supporting your ability to balance family, leisure, and your career.

Health & Wellbeing

We support your physical and mental health through a range of programs and activities in each location.