Senior Property Underwriter

2 weeks ago


Atlanta, Georgia, United States Munich Re Full time
Position Overview

The role of the Facultative Property Underwriter involves evaluating and underwriting property facultative reinsurance programs across the United States. This position is essential for conducting thorough risk assessments, pricing strategies, and maintaining strong relationships with brokers and clients.

Company Overview

As part of Munich Re's US operations, we leverage our global reputation as a leading insurance and reinsurance provider. Our team of risk specialists collaborates to create tailored solutions that keep our clients competitive in the market.

Key Responsibilities
  • Independently assess and underwrite certificate and program business, adhering to corporate and departmental guidelines.
  • Evaluate new and renewal business, performing comprehensive risk and coverage analysis.
  • Review and ensure accuracy of primary policy and reinsurance contract wording.
  • Analyze risk information and propose suitable reinsurance solutions.
  • Maintain meticulous business records and provide insights into performance analyses.
  • Foster and manage client relationships, ensuring responsive service and monitoring profitability.
  • Participate in peer and underwriting reviews to enhance team performance.

Qualifications

The ideal candidate will possess:
  • A minimum of 7 years of experience in (re)insurance underwriting or related fields.
  • 5+ years of direct underwriting experience preferred.
  • A Bachelor's Degree; advanced degrees and professional designations such as CPCU or ARe are advantageous.
  • Strong analytical skills and proficiency in risk evaluation models.
  • Excellent communication and negotiation abilities.
  • Experience in managing client relationships and working with brokers or direct clients.

Travel Requirements

This position may require travel for client meetings, audits, and industry events, approximately 30% of the time.

Compensation and Benefits

The anticipated salary range for this position is competitive, with additional opportunities for bonuses based on performance. The company also offers a comprehensive benefits package, including health insurance, retirement plans, and paid time off.

Diversity and Inclusion

At Munich Re, we prioritize diversity, equity, and inclusion, striving to create a workplace where all employees feel valued and empowered to excel.

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