Property Treaty Underwriter

Company
Munich Re Location
Mumbai , India

Underwriting:

Technically assess property treaty accounts/structures utilizing natural catastrophe models and statistical tools; to price and discuss terms and conditions of programs along with the client management team; ensure underwriting excellence from technical pricing to contract wording; proactively participate in dialogue and exchanges between underwriting teams, experts within the Munich Re group and with external expertise; to support a cross-functional project; develop pricing models/tools; market research

Product development:

Take challenges in exploring new business ideas and product development both in reinsurance and primary insurance; non-traditional product (weather/catastrophe triggers, private-public partnership etc.); consultation for clients to identify pain-points/growth opportunity

Client facing and marketing:

support client management team from technical aspects in dialogue and negotiation with clients/brokers

• University degree preferably in natural/computer science, mathematics/statistics, engineering, economics, finance or relevant insurance qualifications
• Experience: Minimum 3 years of professional experience in treaty (re)insurance is preferred
• Expertise: high degree of analytical and problem solving capabilities with structured and logical thinking; advanced experience in programming would be a plus
• Market knowledge: experience in India re/insurance, strong interest in catastrophe insurance and aspiration of career development in treaty underwriting field
• Soft skills: team oriented attitude; strong work ethics, ability to work with tight timelines, curiosity; self-motivated in skill developments as well as in identifying problems/opportunities; strengths in relationship management; entrepreneurship
• Languages: English
• Willingness to travel