Head Legal Compliance

8 hours ago

London, United Kingdom Munich Re Full time

About usAt Munich Re Specialty - Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products, and industry leaders working in a supportive environment to achieve this.Position OverviewThe Head of UK Underwriting will advise, develop, and provide leadership in relation to Munich Re Specialty, Global Markets UK strategy for MRS-GM underwriting business, specifically the regulated legal entity of MRSI UK, which consists of a number of Lines of Business (LoBs). This role will work on strategic activities with the CUO, Retail, as well as oversee the run-off activities of the Groves John Westrup (GJW) businesses.This position involves managing LOB underwriters writing business on behalf of MRSIUK to ensure compliance with Lloyd’s, FCA, and PRA Rules, while maximizing profit and maintaining Munich Re Group’s reputation and integrity.Attend Munich Re Specialty-Global Markets underwriting strategy meetings, representing and promoting UK-based MRS-GM regulated legal entities externally.Build and maintain strong internal relationships with Senior Management colleagues and other functions.Report any significant failures to comply with regulations to Compliance immediately.Contribute to the definition and promotion of the Munich Re Specialty, Global Markets strategy.Leadership:Support underwriting activities and performance to achieve business objectives and targets.Strong understanding of business planning and regulatory issues.Location:Whilst this opportunity is currently being advertised in London, we are open to considering this opportunity nationally across the UK, where the successful candidate will be tied to their closest MRS-GM regional office on a full-time basis.Diversity, Equity & Inclusion:At Munich Re, we are committed to building a diverse workforce and an equitable and inclusive work environment where diversity is celebrated and valued.
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