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Senior Terrorism Underwriter

2 months ago

London, Greater London, United Kingdom Munich Re Specialty Group Full time
Job Title: Senior Terrorism

The Role

  • Drive the creation and delivery of the business plan for the Political Violence team, ensuring targeted income levels are met and growth targets are achieved year-on-year.
  • Underwrite Political Violence risks, exercising judgment and adhering to underwriting limits, in accordance with the Underwriting business plan.
  • Establish and run projects to serve clients and diversify the portfolio from a risk and income perspective.
  • Conduct book reviews and regular monitoring to ensure the business plan is executed.
  • Monitor and record aggregate and reporting information.
  • Review and analyze slips and other information, exercising judgment and acting within authority limits.
  • Make written records of conversations with customers, in accordance with the firm's procedures manual.
  • Negotiate new wordings and structures to meet clients' needs and regulatory requirements, while preserving a prudent risk appetite.
  • Ensure company procedures and systems are followed and maintained.
  • Address contract certainty issues for all relevant risks.
  • Review and administer existing contracts, making amendments in line with MRSG's underwriting philosophy.
  • Monitor risk entry and amend as necessary.
  • Provide information to the Peer Review Group and respond to queries.
Requirements
  • Advanced knowledge of underwriting principles, legal principles, FCA and Lloyd's rules and regulations, and company-specific procedures.
  • Intermediate knowledge of other syndicate lines of business and the roles of colleagues.

Munich Re Specialty Group is committed to attracting and retaining top talent. If your experience doesn't align perfectly with the requirements, we encourage you to apply. You might just be the candidate we're looking for.