Property/ Engineering Underwriter

1 week ago


Sydney, New South Wales, Australia Munich Re Full time

About Munich Re:

Munich Re is the leading reinsurer in the Australasian Non-Life market and offers both treaty and facultative reinsurance support for all the main classes of business including Property, Engineering Liability, Motor, and Marine. Reporting to the Facultative Manager, you will join the Facultative underwriting team which specializes in the underwriting of complex risks for our local reinsurance clients. We provide additional technical support complementing our client management and treaty projects. The team works within both the Sydney Non-Life Team and also the global F&C community.

Your Role:

Apply underwriting expertise in the assessment, pricing, and acquisition of client accounts.

Assess and review Risk reports as to their adequacy for underwriting purposes.

Support Facility business and Automated Fac platform.

Develop new client relationships and strengthen existing ones to achieve expected growth and profit contribution.

Instigate and support new product innovation within Munich Re and clients.

Assist Treaty Underwriters in the Underwriting process.

Develop and maintain a market profile and visibility.

Proactive partnership with internal service providers to maximize client service.

Your Profile:

3+ years Underwriting or (Re)Insurance broking, demonstrating a good understanding of the risk exposure.

Excellent collaboration and networking skills.

Eagerness to explore and support new business opportunities beyond traditional Reinsurance.

Strong analytical skill set.

ANZIIF membership (preferred) or equivalent.

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


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