Senior Underwriting Specialist

4 weeks ago


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

**Role Overview**

The Trading Underwriter Level 2 will be responsible for undertaking the underwriting and handling of new business processes from an allocated portfolio of brokers, with the goal of delivering the agreed joint business development plans in line with the Company's 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 also alongside the underwriting team, where appropriate, develop strong trading relationships with allocated intermediaries, balancing intermediary needs with the Company's trading objective in a way that will deliver profitable and balanced trading growth.
  • Make considered, intelligent, and complete recommendations to Line of Business Managers, where appropriate.
  • Plan and process own work in a way that will assist the team to meet its customer service targets including credit control targets.
  • Act as a reference point and coach on new business related underwriting matters for the allocated intermediary or less experienced staff, so that a high level of customer service is delivered.
  • Assist in maintaining a balanced and high quality portfolio, optimising the use of information gathered.

**Requirements**

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

At Munich Re Specialty – Global Markets, we value diversity and inclusion, and we are committed to building an equitable and inclusive work environment where diversity is celebrated, valued, and has equitable opportunities to succeed.

**Your Career with Us**

We offer a competitive salary and a benefits package that promotes wellbeing and work-life balance, on top of the standard features that include a non-contributory pension, private medical care, life assurance and more.


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