Corporate Underwriting Expert
Munich Re
- New York City, NY
- Permanent
- Full-time
- Deliver underwriting strategy across our public entity portfolio, delivering an underwriting and portfolio management framework to consistently deliver on top and bottom line targets
- Evaluate new opportunities, building underwriting guidelines, defining appetite, and creating a rating framework across numerous professional and management liability lines.
- Serve as subject matter expert on areas of exposure, coverage analysis, and key pricing/financial elements
- Monitor frameworks for underwriting decisions (e.g., referrals, technical reviews) and recommend improvements
- Drive underwriting technical excellence working with underwriting leaders to identify and resolve issues
- Identify product and services enhancements, underwriter capability development opportunities (e.g., skills, tools), and engages with cross functional teams to develop and deploy
- Ensure application of consistent guidelines/standards across business units with the aim to reduce friction in the underwriting process and ensure underwriting discipline across and within our suite of products
- Manage referral structures, including letters of authority, and underwriting referrals
- Participate on underwriting audits, including follow-up actions
- Support development of policy wording and ensure wording is fit for product purpose
- Work closely with actuarial and underwriting leaders to implement and enforce pricing positions
- Significant depth of underwriting expertise developed over 10+ years of insurance or reinsurance experience
- In-depth knowledge of professional and management liability lines of business, including: policy wording and structure, legal and regulatory issues, and underwriting process
- Standard and non-standard business experience preferred
- Desire to contribute to innovative product development and experience in development of new products
- Legal education and/or advanced insurance certification highly preferred
- Proficiency in Microsoft Office suite; Excel skills required and Power BI preferred
- Strong communication skills and an eagerness to work with others in order to find solutions
- Time management and organizational skills are critical
- Willingness to travel 10%-15%