Senior Underwriter Aviation Direct

Location

Munich, Germany

Job type

Full-Time

Work mode

Hybrid

Job level

Professional

Job ID

9680

Company

Munich Re

Employment type

Regular

Area of expertise

Claims & Underwriting

Global Specialty Insurance is Munich Re´s dedicated entity for all primary Specialty Insurance lines. Within this division, Aviation Direct is responsible for primary insurance and facultative reinsurance with a global mandate for direct aviation business (our clients are airlines, aircraft manufacturers, and leasing companies). Aviation Direct de facto acts as an insurance company in a challenging and specialized niche market. To add to our team of recognized experts, we are currently looking for an encouraged and motivated Senior Underwriter for our growing Airline segment. The range of activities in this position is varied and encompasses underwriting as well as managing our client and broker relationships.

Your Job

• Ensuring excellent underwriting, risk assessment, and the quality of pricing and wording for our worldwide airline business
• Key account management for important airline clients
• Actively developing and maintaining client and broker relationships
• Observing market, industry, and technology trends and assessing the impact of them on our underwriting and pricing methods; this includes making the team aware of these trends and developments
• Challenging and executing the agreed airline underwriting strategy to ensure the segment can be underwritten profitably
• Enabling the airline underwriting team to self-organize
• Showing outstanding commitment to the airline portfolio and taking responsibility for it
• Exploiting new business, recognizing client needs, actively collaborating on new solutions, and utilizing cross selling potential other Munich Re units

Your Profile

• University degree or professional insurance qualifications
• Several years' underwriting experience in aviation
• Deep knowledge of the aviation industry, especially the airline market and clients
• Strong negotiation skills and proven track record in managing client relationships
• Genuinely collaborative, team-oriented working approach
• Willingness to take responsibility and make decisions
• Fluent business English
• Willingness to travel

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

Laura Fuchs

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.