Auf einen Blick
- Aufgaben: Underwrite global casualty treaties and analyze risks while ensuring quality and profitability.
- Arbeitgeber: Join Munich Re, a leading reinsurance company transforming how we manage risk globally.
- Mitarbeitervorteile: Enjoy competitive salary, hybrid work options, continuous learning, and a focus on work-life balance.
- Warum dieser Job: Be part of a diverse team tackling major societal issues like climate change and innovation.
- Gewünschte Qualifikationen: University degree or insurance qualifications with experience in casualty underwriting and strong analytical skills.
- Andere Informationen: Embrace a culture of collaboration and knowledge sharing in an international environment.
Das voraussichtliche Gehalt liegt zwischen 60000 - 84000 € pro Jahr.
Comprises the underwriting of our Global Clients casualty treaty reinsurance portfolio in line with our Casualty line of business and client strategies. The position is within our Casualty Treaty Underwriting Unit based in Munich.
Your Job
- Underwriting of treaties including all contract wordings and conditions
- Risk analysis including legal risk analysis
- Quality assurance of pricing, monitoring and profitability analyses (adherence to Munich Re Underwriting Guidelines and authorities) as well as the technical Line of Business results
- Consolidating and further developing professional expertise within the team
- Taking part in negotiations with clients and brokers (in consultation with Client Management)
- Cooperating with Client Management on difficult product topics and other industry-specific issues in Casualty Lines
- Participating in external and internal Underwriting reviews and peer comparisons
- Securing opinion leadership in Casualty by taking over an active part in knowledge sharing (e.g. expert groups, client seminars, workshops, conferences)
- Ensuring cross-line interaction and collaboration beyond our divisional unit
Your Profile
- University degree (preferably in legal studies) or insurance qualifications with several years' professional experience
- Insurance or reinsurance knowledge, ideally in (US-) Casualty (re)insurance
- Experience in Casualty Underwriting acquired in (Corporate-) Underwriting (treaty or facultative) or Claims
- Team player with strong social skills and the willingness to work collaboratively and effectively in an international group
- Analytical skills and profound understanding of numbers
- Assertiveness in difficult negotiating situations, excellent ability to identify clients' needs and develop workable solutions
- Enthusiasm with the ability to drive business projects and assume responsibility
- Open minded with a willingness to learn and curiosity for new topics
- Strong written & verbal communication in English
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.
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.
Underwriter Casualty Treaty Global Clients Arbeitgeber: Munich Re
Kontaktperson:
Munich Re HR Team
StudySmarter Bewerbungstipps 🤫
So bekommst du den Job: Underwriter Casualty Treaty Global Clients
✨Tip Number 1
Familiarize yourself with the latest trends and developments in the Casualty reinsurance market. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a rapidly changing industry.
✨Tip Number 2
Network with professionals in the reinsurance field, especially those who have experience in Casualty underwriting. Attend industry conferences or seminars to connect with potential colleagues and learn from their experiences.
✨Tip Number 3
Prepare for negotiations by practicing your assertiveness and communication skills. Role-playing difficult scenarios with a friend or mentor can help you feel more confident when discussing terms with clients and brokers.
✨Tip Number 4
Showcase your analytical skills by being ready to discuss specific examples of risk analysis you've conducted in the past. Highlight how your insights led to successful outcomes in previous roles, as this will resonate well with the hiring team.
Diese Fähigkeiten machen dich zur top Bewerber*in für die Stelle: Underwriter Casualty Treaty Global Clients
Tipps für deine Bewerbung 🫡
Research the Company: Familiarize yourself with Munich Re's values, mission, and recent developments in the reinsurance industry. Understanding their approach to Casualty Treaty underwriting will help you tailor your application.
Highlight Relevant Experience: Emphasize your professional experience in insurance or reinsurance, particularly in (US-) Casualty lines. Provide specific examples of your underwriting experience and any relevant legal studies or qualifications.
Showcase Analytical Skills: Demonstrate your analytical skills by discussing your experience with risk analysis and pricing. Mention any tools or methodologies you have used to ensure quality assurance and profitability analyses.
Tailor Your Communication: Since strong written and verbal communication in English is essential, ensure your application is clear, concise, and free of errors. Use professional language that reflects your ability to negotiate and collaborate effectively.
Wie du dich auf ein Vorstellungsgespräch bei Munich Re vorbereitest
✨Understand the Underwriting Process
Make sure you have a solid grasp of the underwriting process, especially in relation to casualty treaty reinsurance. Be prepared to discuss specific examples from your past experience that demonstrate your understanding and expertise in this area.
✨Showcase Your Analytical Skills
Highlight your analytical skills during the interview. Be ready to explain how you've used data analysis in previous roles to assess risks and make informed decisions. This is crucial for the role, so provide concrete examples.
✨Prepare for Negotiation Scenarios
Since the position involves negotiations with clients and brokers, prepare for potential negotiation scenarios. Think about how you would handle difficult situations and be ready to share your strategies for identifying client needs and developing solutions.
✨Demonstrate Team Collaboration
Emphasize your ability to work collaboratively within a team. Share experiences where you successfully cooperated with colleagues on complex projects or tackled industry-specific issues, showcasing your social skills and teamwork.