Engineering Underwriter Natural Resources and Technologies (m/f/d)*

Company
Munich Re
Location
Munich , Germany

A significant and fast reduction in greenhouse gas emissions is required in future. The transition from fossil fuels to low carbon intensity require huge investments in new processes and technologies, such as green hydrogen, green steel, low carbon cement, CCS and electrification of the oil, gas and mining industries. The Energy Construction department of Munich Re F&C (Facultative & Corporate) provides bespoke insurance solutions for large and complex projects for a variety of industries. To realize the worldwide business potential and to support our corporate clients and business partners during the energy transition as well as for their traditional business we are looking for a dedicated engineering underwriter for our team.

 

YOUR JOB

• Acquire, assess, quote and underwrite construction projects for oil & gas, mining, battery, semi-conductor and other energy intense industries in accordance with our strategy
• Enhance or develop insurance concepts and solutions for energy transition projects and develop tailor made insurance solutions for new technologies
• Assure compliance with group wide guidelines and provide support to the global Munich Re organization
• Actively cultivate relationships with brokers and insureds 
• Participate or lead site surveys and prepare reports 
• Prepare seminars/workshops for internal and external training and actively participate in events
• Engage with new technologies or unfamiliar lines of industries

 

YOUR PROFILE

• Degree in engineering or a comparable science-related discipline, or a recognized professional qualification in insurance with a strong affinity to technical matters
• Experience as an engineer in energy intense industries on the owner’s or contractor’s side or knowledge of processes for hard-to-abate-industries, technologies and trends
• Alternatively, comprehensive understanding of technical insurances, ideally EAR industries insurances, including a good knowledge of underwriting tools, processes, and administrative systems
• Strong negotiation skills
• Strong written and verbal skills, affinity to assess contracts or insurance policies 
• High degree of responsibility, motivation, decisiveness and self-employment
• Team player who is also able to work independently
• Good analytical skills and a holistic approach
• Fluent English; additional German and/or Spanish knowledge is an advantage
• Willingness to travel

 

Application Instructions
In order to consider your application, we require your application to be submitted via our online applicant portal. In addition to uploading your CV, we recommend writing a cover letter to tell us more about why the position is of interest to you.

About us
As the world's leading reinsurance company with more than 11,000 employees at over 50 locations, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into a manageable risk we enable fundamental change. Join us working on topics today that will concern society tomorrow, whether that be climate change, major construction projects, medical risk assessment or even space travel.  
Together we embrace a culture where multiskilled teams dare to think big. We create the new and the different for our clients and cultivate innovation. 
Sounds like you? Push boundaries with us and be part of Munich Re. 
Our employees are our greatest strength. That’s why we offer them a wide range of benefits. You can find some examples below. 
 
Unlock your potential

• Diversity, Equity & Inclusion: we embrace the power of differences and are convinced that diversity fosters innovation and resilience and enables us to act braver and better.
• Continuous Learning: we believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.
• Career Mobility: we actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you.

 
Rewards & Recognition

• Competitive salary: appropriate compensation for your high level of commitment.
• Retirement provision: state of the art in-house pension solutions.
• Work-life balance: promoting the compatibility of family and work in addition to overall work-life balance.
• Health management: focus on your physical and mental health far beyond legal requirements. 
• Hybrid working: living the best of both worlds – we offer you a very flexible approach as well as the opportunity to work from abroad on an occasional basis.

 

* Munich Re not only stands for fairness with regard to its clients; it is also an equal opportunities employer. Severely disabled candidates will also be prioritized, if equally qualified. 

 

Münchener Rückversicherungs-Gesellschaft
Yamina Djurisic • HR Consultant
Königinstraße 107 • 80802 München • GERMANY