Head of Specialty Lines Underwriting

2 weeks ago


London, Greater London, United Kingdom Munich Re Specialty Group Full time
About the Role

The Head of GSI Specialty Lines Underwriting will be responsible for leading the underwriting strategy and implementation of GSI specific underwriting guidelines through the GSI Underwriting teams.

Key Responsibilities
  • Develop and implement underwriting strategies and guidelines for GSI Specialty Lines.
  • Monitor industry trends and their impact on GSI portfolio results, and coordinate consistent underwriting strategy.
  • Implement Global Specialty UW strategies and guidelines, where applicable.
  • Provide thought leadership on Specialty lines topics and lead the Specialty lines Underwriting Roundtable.
  • Evaluate Specialty Underwriting training needs and contribute to Group training initiatives.
  • Ensure measurable standards for Business Unit Underwriting excellence, including KPIs and best practices.
  • Coordinate established Underwriting Strategies and Mandates of the BUs to ensure consistent approaches to risk.
  • Conduct regional portfolio monitoring to identify opportunities for improving short- and long-term profitability of GSI Specialty lines portfolio.
  • Implement quantitative analytics and pricing methodologies for Specialty lines segments.
  • Ensure that guidance provided by CU Munich is well understood throughout GSI and participate in Expert Groups and Consulting Groups.
  • Occasional coordination with Reinsurance colleagues and support for Reinsurance underwriting strategy initiatives.
  • Periodic assessment of Specialty lines accumulations across all GSI entities to inform GSI Underwriting Strategy.
Requirements
  • In-depth knowledge of Insurance Underwriting practices and procedures.
  • Minimum of 10 years Specialty lines Underwriting of primary business, in a minimum of two specialty classes of business.
  • Experience underwriting MGA/Program business.
  • Experience in London and E&S markets, including commercial lines.
  • Ability to provide clear underwriting intent and explain complex insurance and reinsurance concepts.
  • Strong communication, interpersonal, and influencing skills.
  • Excellent presentation skills.
  • Willingness to travel (up to 35% - 45%).
About Us

At Munich Re Specialty Group, you'll find the flexibility, development, and support you need to excel your career combined with a competitive salary and a benefits package that promotes wellbeing and work-life balance.



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