To support Munich Re’s UK clients through the delivery of excellent Operation underwriting services through the assessment of large and/ or complex underwriting referrals, audits and process reviews and consultancy on philosophy changes.
Key Responsibilities:
- Underwrite large and/ or complex cases referred from our clients
- Monitor the quality and appropriateness of the client underwriting philosophy and procedures through audits.
- Contribute to the overall relationship management (including visits, audits/reviews, training) of a specified group of clients
- Provide technical underwriting advice and explain decisions in a clear and non-technical manner.
- Work with other areas of UK&I Life branch to help develop strong internal relationships.
General Duties and Tasks:
- Work with clients to establish and maintain efficient and appropriate operations of all relevant underwriting and administration arrangements
- Contribute ideas and support to the positive development of the client relationship and the Underwriting area in general
- Being involved in project work with clients on an ad hoc basis
- Represent Munich Re by attending industry events
- Develop a solid understanding of companies’ decision-making process for reinsurance, including an understanding of the role of various people
Your profile
General Duties and Tasks:
- Work with clients to establish and maintain efficient and appropriate operations of all relevant underwriting and administration arrangements
- Contribute ideas and support to the positive development of the client relationship and the Underwriting area in general
- Being involved in project work with clients on an ad hoc basis
- Represent Munich Re by attending industry events
- Develop a solid understanding of companies’ decision-making process for reinsurance, including an understanding of the role of various people
Key Skills and Experience Essential
- Substandard underwriting authority for Life, Critical Illness and Income Protection benefits
- Experience in planning and conducting Underwriting audits
- Proficient in the use of the Microsoft Office suite
- Confident communicator comfortable delivering presentations
- Outstanding organisational skills in order to meet targets and manage client expectations
Desirable
- Extensive knowledge of and proven experience in the UK/Irish market (Life and living benefits)
About us
Benefits
This opportunity comes along with a competitive salary, 25 days annual leave along with private medical insurance, on target bonus and employers contributory pension of 10%. We also operate in a hybrid working capacity meaning you have the opportunity to collaborate in the office and work from home.
About us
You will work in an environment where we think big: Change and culture are continuously role-modelled. We create and articulate a compelling and ambitious shared purpose, vision 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 communicate in a clear & authentic way: We interact with a positive and humble spirit. We solicit feedback, ask and listen, learn and unlearn
You will grow with your clients: Whatever our role, we support business, in an efficient and effective way, to create value for our clients. We embrace new ways of working using digitalisation to deliver solutions
We lead the We: We have a passion for winning and growing as a team. We inspire people to be capable of joint performance. We create an inclusive environment where different thoughts, generations, cultures and experiences are valued and encouraged
Munich Re is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all our employees.
More Information
- Experience Level Senior
- Hybrid Role No