Senior Technical Insurance Underwriter

3 days ago


Manchester, United Kingdom Munich Re Full time
About Us

Munich Re is a leading global reinsurer that fosters innovation and resilience through Diversity, Equity, and Inclusion. We recognize diversity as multi-dimensional, intersectional, and complex, and we aim to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; life, school, and career experiences; and political, religious, and personal beliefs.

Role Summary

This role offers a unique opportunity to work with a dynamic team and contribute to the development of underwriting guidelines and policies. As a Commercial Senior Underwriter, you will be responsible for technical underwriting, training and development of the underwriting community, and supporting the Head of Technical Underwriting in implementing change, drafting policy wordings and contractual documentation.

Key Responsibilities
  • Collaborate with the management team to develop and refine underwriting guidelines and policies
  • Utilise data analytics to identify patterns, trends, and areas for improvement in underwriting processes and pricing
  • Ensure consistency in contractual and policy documentation with company standards, aligned to our underwriting strategy
  • Work closely with QGU, Legal & Claims, to help align wordings with underwriting intent
Requirements

The ideal candidate will have:

  • A strong understanding of commercial insurance underwriting principles and practices
  • Excellent communication and interpersonal skills
  • Ability to work effectively in a fast-paced environment
  • Strong analytical and problem-solving skills
What We Offer

We offer a competitive salary of £65,000 - £85,000 per annum, depending on experience, plus benefits including:

  • 25 days annual leave plus bank holidays (increasing to 30 days after 5 years of service)
  • x2 Wellbeing Days in addition to annual leave
  • Annual bonus


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