Facultative Underwriter Construction; CAR​/EAR​/CECR​/IDI; m​/f​/d Limited

Facultative Underwriter Construction (CAR/EAR/CECR/IDI) (m/f/d) - Limited to 12 month

Facultative Underwriter Construction (CAR/EAR/CECR/IDI) (m/f/d) – Limited to 12 months. Work in Munich Re's facultative reinsurance team focusing on construction and engineering risks.

• Underwriting facility business and MBRs including portfolio modeling and analysis
• Underwriting new and renewal global single risk engineering and construction business in accordance with agreed strategy and within designated underwriting authority
• Performing risk assessment including pricing, wording analysis, accumulation management, and acceptance of large and complex engineering risks
• Conducting negotiations with policyholders and brokers
• Representing Munich Re as a key market and thought leader within the engineering insurance industry
• Coordinating and collaborating with the other F&C units worldwide developing, maintaining, and expanding client and broker relationships
• Contributing to the development of the portfolio by actively acquiring profitable new business
• Contributing to an inspiring team environment that enables Munich Re's engineering community to achieve its mid‐ and long‑term goals
• Contribute to claims handling for major claims

• Degree in Engineering, Business Administration, Mathematics, Physics or Science
• University graduates or long‑standing experience in single‑risk property underwriting or claims
• Familiarity with insurance coverages
• Knowledge of risk assessment as well as proficiency in the analysis of wordings
• Analytics and modelling skills
• Knowledge and experience in the application of relevant underwriting tools and reporting tools, including alternative tools (Data Lake) to improve profitability or efficiency
• Ability to assess risks autonomously with the aid of other MR resources
• High level of motivation and willingness to learn
• Team player, open mindset and preparedness to work in a very dynamic environment
• Excellent command of English, knowledge of additional languages is of advantage

• 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.
• 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.*