Senior Underwriting Specialist

4 weeks ago


Birmingham, Birmingham, United Kingdom Munich Re Specialty Group Full time

The Role

As a key member of our underwriting team, you will be responsible for handling new business processes from allocated portfolios of brokers, ensuring the delivery of joint business development plans in line with our overall trading strategy.

Key Responsibilities:

  • Underwrite and negotiate terms and conditions for new business within delegated authority levels granted and consistent with set Underwriting and Distribution strategies.
  • Consistently achieve agreed financial targets/results through execution of Sales & Development strategy, in conjunction with the agreed Underwriting strategy.
  • Liaise directly with the Distribution team and develop strong trading relationships with allocated intermediaries, balancing intermediary needs with our trading objectives.
  • Make considered recommendations to Line of Business Managers, where appropriate.
  • Plan and process own work to assist the team in meeting customer service targets, including credit control targets.
  • Act as a reference point and coach on new business related underwriting matters for allocated intermediaries or less experienced staff.

Knowledge and Skills:

  • Comprehensive underwriting knowledge.
  • Competent understanding of technical underwriting, philosophy, and Company trading strategy.

Munich Re Specialty Group is committed to building a diverse and inclusive workforce, where everyone has the opportunity to succeed. We believe that diversity fosters resilience and innovation, enabling us to act on our purpose of helping humankind act braver and better.

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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