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Liability Underwriter

2 weeks ago

Sydney, Australia Great Lakes Insurance SE Full time

Liability Underwriter

**Company**
Great Lakes Insurance SE
**Location**
Sydney, Australia

Munich Re F&C provides global direct insurance and facultative reinsurance. Operating in Australia through GLA, a branch of our subsidiary GLISE, we secure local licences with APRA. With 550+ experts across 20 countries, we offer comprehensive single-risk expertise. Our Corporate Liability team specialises in solutions for diverse sectors. Join us in shaping global risk solutions.

You will report to the Underwriting Manager, F&C.

**Your Role**
- Underwrite and service a renewal book of single risk, third-party liability business within designated underwriting authority and selected risk appetite. The portfolio focuses on large, multinational and industrial clients and SME / middle market risks through MGA’s
- Contribute to the development of the portfolio through, market facing activities with client and brokers, this includes interstate travel
- Collaborate with the broader Munich Re F&C team (Sydney, London, and Munich) to enhance underwriting strategies and build resilience into the portfolio
- Support in portfolio assessment including accumulation management, pricing analysis and coverage reviews
- Support the F&C Underwriting manager to deliver accurate and informative reports to the GLA Management, claims team and other team members of local portfolio performance
- Ensure all underwriting processes are followed and documented
- Attend external market presentations and industry events to remain up to date with legal/market developments concerning third-party liability class business

**Your Profile**
- Experience in liability underwriting (corporate or middle market) or corporate broking
- Flexibility and willingness to travel both interstate and internationally (including potential for extended overseas business trips)
- Client focussed
- Engaging manner with excellent negotiation and sales skills
- Experience in data analysis for digital underwriting platforms (SME or middle market business)
- University degree in law or business studies or training as an insurance practitioner

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