Property Treaty Underwriter

As a Property Treaty Underwriter at Munich Re in Mumbai, India, you will play a crucial role in the India underwriting team by handling various property underwriting tasks such as risk assessment, pricing, contractual wording, product development, and client interaction. **Key Responsibilities:** - Technically assess property treaty accounts utilizing natural catastrophe models and statistical tools. - Price programs and negotiate terms and conditions with client management. - Ensure underwriting excellence and actively engage with internal and external experts. - Support cross-functional projects, develop pricing models and tools, and conduct market research. - Explore new business ideas and non-traditional products like weather/catastrophe triggers and private-public partnerships. - Provide consultation to clients, identify growth opportunities, and address pain points. - Assist the client management team in technical aspects during negotiations with clients and brokers. **Qualifications Required:** - University degree in natural/computer science, mathematics/statistics, engineering, economics, finance, or relevant insurance qualifications. - Minimum of 3 years of professional experience in treaty (re)insurance preferred. - Strong analytical and problem-solving skills. - Proficiency in programming is advantageous. - Market knowledge in India re/insurance and interest in catastrophe insurance. - Desire for career growth in treaty underwriting. - Soft skills like teamwork, strong work ethics, ability to work under tight timelines, curiosity, self-motivation for skill development, relationship management, and entrepreneurship highly valued. - Proficiency in English and willingness to travel required. Munich Re, a renowned provider of reinsurance, primary insurance, and insurance-related risk solutions, focuses on risk assessment and digital transformation. The company offers global career development opportunities to over 1900 team members in 20 locations across Asia Pacific, Middle East, and Africa. Established in 1880, Munich Re has been present in the Indian market since 1951, with the India Branch in Mumbai serving the non-life and life reinsurance markets in India, Sri Lanka, and Bangladesh since 2017.,