Property Treaty Underwriter

Company
Munich Re
Location
Mumbai , India

Ensuring underwriting excellence and updated market knowhow in property treaty department, support business generation for targeted segments, proactively contribute to Munich Re India's growth strategy.

Your interface would be: Client Management, Underwriting, Claims and Technical Accounting

Your job:

1.    Treaty pricing in the MR pricing platform

2.    Cat modelling

3.    Finalize treaty slip wordings and underwrite programs following MR guidelines

4.    Post renewal treaty maintenance in coordination with the finance team

5.    Record keeping, documentation, reporting and preparing PPTs for several internal and external stakeholders

6.    Special acceptance handling following MR guidelines and risk appetite

7.    Data crunching/analysis of multiple client information deck, quarterly performance to update the market summary/statistics, peer to peer comparison, market benchmarking, etc.

8.    Client/broker interaction

9.    Adhoc activities – collaborate with claims, faculatative underwriters, client managers periodically

Your profile:

• Essential : Around 2-5 years of reinsurance and actuarial experience, experience of working on excel (can write advanced macros), sound analytical skills, Power BI,

  Good to Have: MS access, Macro

• Academic: Graduate/Master in Science/Commerce/engineering.

  Good to Have: Potential candidate pursuing actuarial science studies

• Competencies: Reinsurance pricing, actuarial experience, data analytics
   

At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experience, perspectives and thought. This interaction is the foundation of our open culture, spirit of partnership, of how our teams are built and cultivated, and of how we are supported and developed. And at the centre of this interaction is each of us.

You will work in an environment where we aspire to think big: Change and culture are challenged. We communicate a compelling and shared purpose and direction. We pave the way towards success and see failure as learning.

You are going to experience that we care & dare: We are empathetic. We know when to lead and know when to let others lead. We attract, grow and coach future leaders.

We aim to communicate in a clear & authentic way. We solicit feedback, ask and listen, learn and unlearn.

You will grow with your clients: Whatever our role, we support business, in a thoughtful way, to create value for our clients. We embrace new ways of working applying digitalization to provide solutions.

We lead the We: We have a passion for winning and growing as a team. We inspire people to deliver a joint performance. We create an inclusive environment where different thoughts, generations, cultures and experiences are valued and encouraged.

We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender, gender identity or expression, or veteran status. We are proud to be an equal opportunity workplace.

About Munich Re:

Founded in 1880, Munich Re Group is on the world's leading providers of primary insurance, reinsurance and insurance related risk solution. As pioneers in risk assessment, we promote the digital transformation of the global insurance landscape, expanding products and services as new forms of risk emerge. From space rocket launches to cyber-attacks, from high net worth individual life cover to pandemic, we take care of risk, so our clients can take care of their business.