Job ID: Posted: Location: London, England, United KingdomCategory: Claims & UnderwritingCompany: Munich ReAbout usAt Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this. At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals. Please see our website for more information.Senior Underwriter, Delegated PropertyWe are currently looking for a Senior Underwriter, Delegated Property to be based in London on a full-time basis, reporting into the Group Head of Delegated Property.In this role, you will ensure the prudent underwriting of quality Delegated Property business in line with the business plan to maximize profit returns while upholding the firm’s reputation and integrity, demonstrating care for customers, and maintaining compliance with regulatory obligations.Responsibilities: Underwrite new and renewal Property binders within delegated authority limits, aligned with the Underwriting business plan, referring to the Group Head of Delegated Property as needed;Manage property binders effectively, overseeing performance, EPI monitoring, referrals, bordereaux, rate movements, claims trends, reviews, underwriter visits, audits, and risk management surveys;Service and amend existing binder contracts per syndicate underwriting philosophy, ensuring compliance, proper risk entry, and KYC through systems like S2000;Develop and maintain strong relationships with Coverholders, Brokers, Lloyd’s, and wider market peers to enhance trading relationships, secure new business, and stay informed of market developments;Regularly review slips, endorsements, risk placements,
Senior Underwriter, Delegated Property in Kennington employer: Munich Re
Munich Re is an exceptional employer that fosters a collaborative and innovative work culture in the heart of London. With a strong emphasis on employee growth, we offer numerous opportunities for professional development and mentorship, ensuring that our team members thrive in their careers. Our commitment to cutting-edge technology and Agile practices not only enhances job satisfaction but also positions our employees at the forefront of the insurance industry.