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Casualty Treaty Underwriter

2 months ago

Sydney, Australia Munich Re Full time

Casualty Treaty Underwriter

**Company**
Munich Re
**Location**
Sydney, Australia

Munich Re is the leading reinsurer in the Australasian Non-Life market and offers treaty and facultative reinsurance support for all the main classes of business including Property, Liability, Motor and Cyber.

The Casualty Treaty Underwriting team specialises in the technical risk-assessment of long-tail and cyber lines of business of our reinsurance clients.

Providing technical support complementing our client management services, maintaining portfolio quality and execution of the team’s underwriting objectives forms part of our main activities.

You will report to the Casualty Treaty Manager.

**Your Role**
- Responsible for underwriting activities across the whole end-to-end process
- Strengthen existing client relationships and develop new ones to achieve expected growth and profit contribution together with the Client Management team / Client Service Teams
- Support new business opportunities by understanding the client’s needs and translating the risk into value
- Support new product development both within the MR Group and with our client base
- Identify market weaknesses and provide solutions
- Ensure data quality in underwriting platforms of allocated accounts to enable reporting and monitoring activities
- Perform internal controls efficiently and economically

**Your Profile**
- 1-5 years experience at underwriter level in reinsurance, demonstrating good understanding of the risk exposure and appropriate methodology to assess the exposure
- In the absence of Casualty Treaty RI-UW experience: Minimum 3-5 years experience in Primary market underwriting or actuarial pricing/reserving in long-tail classes of business or in the RI-market plus strong foundations in RI treaty structures and pricing methodologies
- ANZIIF membership (preferred)

**Our Benefits**
- We have many attractive benefits to offer you, including 16% superannuation
- Enjoy increased annual leave entitlements
- Flexible hybrid working conditions

At Munich Re, we embrace and value the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction is our 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 centre of this interaction is each of us.

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