London, England, United KingdomCategory: Claims & UnderwritingCompany: Munich ReApplication closing date : 16th Oct, 2026Together, we engage with everything we have and are, to help humankind act braver and better.About Facultative & Corporate:In F&C we offer individual risk transfer solutions to large industrial enterprises through our business units Property, Energy, Casualty, Engineering and Special Enterprise Risks. F&C-Casualty has the global mandate to underwrite Liability and Specialty Lines business and to provide bespoke and complex insurance solutions. It involves daily contact with brokers and direct contact with clients, as well as internal liaison with other units within Munich Re.This is a hybrid role based in our London office, with 2-3 days per week in the office collaborating with the team. Underwriting predominantly US industrial liability programs (focusing on general liability/product liability for large, multinational industrial clients - Fortune 5000) within delegated authority; other markets beyond the US may also be in scopeAnalysing, evaluating, and negotiating coverage, wording, and endorsement conceptsManaging and monitoring the risks assumed, and assisting with claims handling where requiredIdentifying and analysing the needs of existing and potential clientsAttending client meetings, including travel when neededFurther developing, maintaining, and expanding client and broker relationships in line with agreed strategyCollaborating in working groups and at events (including training and lecturing)Utilising collaboration and cross-selling opportunities within F&CKey Skills & Experience:CII qualification desirableExperience writing US industrial liability insurance, or industrial liability business with heavy US exposure (direct or facultative); experience underwriting Construction and/or Energy is a plusDetailed understanding of policy wordingsAnalytical and strategic thinkingFluent command of spoken and written EnglishWell-developed intercultural and conflict-resolution skillsConfident, engaging manner with excellent negotiating and sales skillsStrong team spirit and a commitment to knowledge-sharing, with the ability to blend into diverse teamsOpen-minded, solution-oriented, and willing to go the extra mileWillingness to travelCompetencies:Drives results (we think big) - you consistently achieve results even under tough circumstances, with the organisation’s performance in the front of your mind. You make good and timely decisions to keep things moving, using analysis, experience and judgement. Collaboration (we lead the ‘we’) - you identify opportunities and bring the right people together to work on a common goal, encouraging diversity of opinion, whilst maintaining clarity and unity of direction. Persuades (we are clear and authentic) - you use clear and compelling arguments to gain the support, enthusiasm and commitment of others, whilst ensuring you take time to actively listen to the diversity of views and opinions.Thought Leaders:You are seen as an expert in your field and will be the ‘go to’ person for your area of specialism within Munich Re. Regulatory & Conduct Requirements:Ensure compliance with Insurance Distribution DirectiveEnsuring compliance with Munich Re’s Code of Conduct and the FCA Conduct RulesBenefits:You will be rewarded with a great compensation package, on target bonus, 25 days annual leave with the option to purchase more along with private medical insurance and employers' contributory pension of 10%We are one of the few employers to offer fully paid 6months family leave for times when you need it the most. We inspire people to be capable of joint performance. We believe diversity fosters resilience and innovation and enables us to act on our purpose of helping humankind act braver and better. 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; 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.You can request an adjustment by speaking to your Talent Acquisition contact.
Underwriter - INSURANCE in London 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.
