Underwriter Level 1

4 months ago


London, United Kingdom Munich Re Specialty Group Full time

The Role

Working with the intermediary/customer, undertaking end-to-end handling of cases for the allocated portfolio to deliver the agreed joint business development plans in line with the Company’s overall trading strategy. Make effective on-site decisions, within delegated authority, for allocated intermediaries so that work is completed efficiently. Working with the Underwriting team, develop strong relationships with allocated intermediaries, balancing intermediary needs with the Company’s trading objective in a way that will deliver profitable and balanced trading growth. Plan and process own work in a way that will assist the team to meet its customer service targets including credit control targets. Identify, define and close business opportunities, seeking the input of other members of staff where appropriate, to ensure that business proposals are dealt with swiftly and effectively, securing business for the Company. Act as a reference point on all issues for the allocated intermediary/customer 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.

Knowledge and Skills

High level of underwriting knowledge. Understanding of technical underwriting, philosophy and Company trading strategy. Ability to interpret and effectively use management information. Knowledge of the local market. External relationships with a range of contacts within the allocated intermediaries and customers.

If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for

Diversity, Equity & Inclusion

At Munich Re, embracing the power of differences is at the core of who we are. We believe diversity fosters resilience and innovation and enables us to act on our purpose of helping humankind act braver and better. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.

Your career with us

At Munich Re Specialty – Global Markets, 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, on top of the standard features that include a non-contributory pension, private medical care, life assurance and more

Working together, we are an employer of choice by building the workforce for today and the future. We make it happen. Together.


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