Underwriter, Property and Casualty in Leeds

About us At 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.

We are currently looking for an Underwriter, Property and Casualty, to be based in either Birmingham or Leeds on a full-time basis, reporting into the P&C Underwriting Manager. In this role, you will contribute to the underwriting team’s achievement of profitable growth while ensuring the maintenance of a high-quality portfolio across Property & Casualty products, including combined, mono-line, and scheme offerings.

Responsibilities:

• Underwrite new and renewal business for allocated intermediaries and customers in line with guidelines, risk appetite, and delegated authority; manage end-to-end underwriting of cases to deliver agreed business development plans aligned with the Company’s trading strategy;
• Make timely, effective underwriting decisions within delegated authority, referring complex risks as appropriate; support underwriting of complex or multinational accounts by contributing tailored solutions;
• Collaborate closely with senior underwriters and key stakeholders within the UK regional business to ensure consistent underwriting processes;
• Plan and manage own workload efficiently to meet customer service standards and credit control targets; contribute to building and managing a profitable, balanced, and sustainable portfolio;
• Continuously develop technical underwriting knowledge and skills through training, mentoring, and practical experience;
• Undertake other duties appropriate to the role level as required.

Strategic Contribution:

• Identify and develop business opportunities within the allocated portfolio, collaborating with colleagues to ensure efficient business handling;
• Support cross-selling and account development initiatives by working with other lines of business;
• Contribute to maintaining a balanced, high-quality portfolio and promote Munich Re P&C products.

Technical Expertise:

• Maintain and enhance technical underwriting knowledge across relevant lines of business; deliver technical input and presentations as required;
• Ensure consistent application of underwriting standards and guidelines across the portfolio;
• Promote good Conduct practices and understand escalation processes and governance related to Conduct Risk and underwriting committees.

Intermediary and Customer Management:

• Develop and maintain effective working relationships with allocated intermediaries and customers, balancing their needs with the Company’s trading objectives;
• Represent Munich Re Global Markets UK in meetings with intermediaries and internal group stakeholders as appropriate;
• Act as a key contact for the allocated intermediaries/customers, supporting business development efforts and maintaining high levels of customer service.

Knowledge and Skills:

• Demonstrate a high level of underwriting knowledge, with experience in Real Estate considered advantageous;
• Possess a solid understanding of technical underwriting principles, company philosophy, and trading strategy;
• Ability to interpret and effectively utilize management information to support decision-making;
• Exhibit excellent communication skills to engage effectively with internal and external stakeholders;
• Maintain strong knowledge of the local market dynamics;
• Build and sustain collaborative internal relationships with Line of Business Managers, team members, underwriters, the Claims Department, and the Syndicate;
• Develop and manage external relationships with a diverse range of contacts within allocated intermediaries and customers.

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!

Diversity, Equity & Inclusion:

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. 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.

Learning and innovating today, striving for sustainable societies and business tomorrow At Munich Re Specialty – Global Markets our approach to sustainability is underpinned by our desire to seize business opportunities and to nurture a stimulating and inclusive work environment. Our sustainability strategy aims to deliver holistic impacts across environmental, social and governance topics. Learn more about sustainability at Munich Re – choose your impact!