At a Glance
- Tasks: Lead the Transportation department, driving profitable underwriting and business development.
- Company: Join a leading insurance expert with a commitment to innovation and inclusivity.
- Benefits: Enjoy 25 days annual leave, private medical insurance, and flexible working options.
- Other info: Embrace a culture of diversity, equity, and inclusion while enjoying team fun events.
- Why this job: Make an impact in a dynamic environment while developing your career with a global leader.
- Qualifications: Experience in underwriting and strong leadership skills are essential.
The predicted salary is between 80000 - 100000 € per year.
About Munich Re Specialty North America: Munich Re Specialty North America is a leading expert in understanding and connecting US coverholders and brokers to flexible and innovative insurance solutions. We are also a registered Lloyd's Broker. As a wholly owned subsidiary of Munich Re, we have access to the expertise, products and risk appetite of one of the largest and most successful insurance groups in the world.
Why Join Us: We are a responsible employer, with a reputation for innovation and adding value in the insurance distribution chain. Our talent pool makes us who we are, and our inclusive culture means we are looking to continue to build our team with broad expertise, diverse backgrounds, and ambitious employees. Being part of Bell & Clements provides access to multiple health and wellbeing benefits, work‐life balance initiatives (including hybrid working), financial wellbeing packages as well as training, development and career opportunities.
Purpose of the Role: To provide day‐to‐day underwriting leadership of the Transportation department, driving the profitable underwriting, production and development of US Transportation business across both In‐House and Delegated Authority portfolios. Working in close partnership with the Head of Direct Underwriting, the role is responsible for delivering profitable growth and implementing the strategic business plan for the Transportation department.
Duties & Responsibilities:
- Leadership & People Management: Provide overall leadership and management of the in‐house Transportation underwriting department. Take responsibility for day‐to‐day staffing, mentorship and on‐the‐job training of the team. Foster a culture of cross‐collaboration and synergy across Munich Re teams, departments and group companies. Embrace and actively implement the core principles of Continuous Conversations — including commitments, feedback and development — in day‐to‐day activities. Take ownership of personal and professional development by setting clear commitments and engaging in regular, constructive feedback in line with Continuous Conversations.
- Underwriting & Business Development: Oversee and continually seek to optimise the underwriting performance and processes of the Transportation department. Analyse underwriting data and statistics to identify trends and inform decision‐making. In conjunction with the Head of Direct Underwriting, develop and deliver the annual business plan for the Transportation team. Maintain and develop existing client and broker relationships whilst proactively creating new business relationships. Implement and manage the department's annual travel programme, including office visits and conference attendance as required. Propose new wordings and clauses, or amendments to existing ones, to reflect evolving market conditions. Develop new coverages and products in line with market opportunities and strategic objectives. Drive forward and expand the digital capabilities of Transportation underwriting. Produce regular management and committee reports as required.
- Data Governance: Act as Deputy Data Owner, supporting the Lead Data Owner in the oversight and maintenance of the Data Asset Register. Assist in the implementation and ongoing oversight of Data Classification, and review data access rights and the use of data in respect of storage, transfer and retention. Work in conjunction with the Data Protection Officer on Data Access Requests and related matters. Approve access to data through file share and IT systems, and assist in the anonymisation of data where required. Ensure that appropriate controls are in place to manage data in line with Munich Re Specialty North America's policies and procedures. Support the Lead Data Owner within the applicable business unit(s) on data protection enquiries, and undertake specific Data Protection training (e.g. Data Classification) as required. Work collaboratively with the Lead Data Owner, Data Protection Officer, Chief Risk, Compliance and Legal Officer, and Compliance Officer to ensure ongoing regulatory and policy compliance.
- Compliance: Abide by all policies and procedures of Munich Re North America – Binding Authorities.
Benefits: This position is offered on a Permanent basis. Annual salary will be dependent on the skills and experience of the successful candidate. Annual leave – 25 days per year (plus bank holidays), increases with length of service. Health & Wellbeing – offering private medical insurance for employees, their partners and families, a Digital GP service and an annual allowance (currently £550) for activities that support health and wellbeing. Hybrid and remote working – to support work balance we have introduced hybrid working. Flexible working hours – the opportunity to flex your working hours. Professional Qualification Support – (discretionary) financial support covering the cost of professional qualifications, including institute membership, exams, study materials and completion bonuses. Generous gender‐neutral family leave policy – employees with 26 weeks' continuous service at the Expected Week of Childbirth are eligible to receive 26 weeks full pay. Team fun – warm and social culture with regular get‐togethers.
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. At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi‐dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.
If you are excited about this role but your experience does not align perfectly with everything outlined, or you don't meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for! All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.
Application Closing Date: 5pm, 31st May 2026
Head of Transportation in London employer: Munich Re Specialty - North America
Munich Re Specialty North America is an exceptional employer, offering a dynamic work environment that prioritises innovation and employee development. With access to the extensive resources of one of the world's largest insurance groups, employees benefit from comprehensive health and wellbeing packages, flexible working arrangements, and a strong commitment to diversity and inclusion. The collaborative culture fosters personal growth and professional advancement, making it an ideal place for ambitious individuals seeking meaningful careers in the insurance sector.
Contact Detail:
Munich Re Specialty - North America Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Head of Transportation in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with yours. This will help you answer questions more authentically and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your pitch! Be ready to explain why you're the perfect fit for the Head of Transportation role. Highlight your leadership skills, underwriting experience, and ability to foster collaboration within teams.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're serious about joining our innovative team at Munich Re Specialty North America.
We think you need these skills to ace Head of Transportation in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight how your experience aligns with the Head of Transportation role. Use keywords from the job description to show that you understand what we're looking for.
Showcase Your Leadership Skills:Since this role involves leading a team, don’t forget to include examples of your leadership experience. Share specific instances where you've mentored others or driven successful projects, as we value strong leadership at StudySmarter.
Be Authentic:We love genuine candidates! Let your personality shine through in your application. Share your passion for the insurance industry and how you can contribute to our inclusive culture at Munich Re Specialty North America.
Apply Through Our Website:For the best chance of success, make sure to submit your application through our website. This way, we can easily track your application and ensure it gets the attention it deserves!
How to prepare for a job interview at Munich Re Specialty - North America
✨Know Your Underwriting Stuff
Make sure you brush up on your underwriting knowledge, especially in the transportation sector. Understand the key trends and challenges in the industry, and be ready to discuss how you can optimise underwriting performance and processes.
✨Show Leadership Skills
Since this role involves leading a team, be prepared to share examples of your leadership experience. Talk about how you've mentored others, fostered collaboration, and driven team success in previous roles.
✨Understand the Business Strategy
Familiarise yourself with Munich Re's strategic business plan for the Transportation department. Be ready to discuss how you would contribute to profitable growth and what innovative ideas you have for developing new coverages and products.
✨Embrace Diversity and Inclusion
Demonstrate your understanding of the importance of diversity, equity, and inclusion in the workplace. Share how you’ve contributed to creating an inclusive culture in past roles and how you plan to continue that at Munich Re.