What are the responsibilities and job description for the AVP, E&S Primary Casualty Underwriter position at Munich Re?
AVP, E&S Primary Casualty Underwriter
Company
Munich Re Specialty - North America
Location
Atlanta , United States
AVP, E&S Primary Casualty Underwriter
The Company is open to considering candidates in Atlanta, GA; Philadelphia, PA; New York City, NY; Boston, MA; Hartford, CT; Princeton, NJ and Chicago, IL.
We are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients.
The Company
Munich Re Specialty - North America provides extensive, specialty property and casualty insurance solutions to customers through select brokers, Managing General Agents, program administrators, cover holders and insurtech partners. Products include : property, casualty, professional liability and other specialty insurance solutions. Our comprehensive, customized solutions are provided by A rated carriers and are tailored to clients' needs. We offer superior service levels, industry-recognized underwriting and claims expertise and innovative approaches to complex and evolving risks.
Munich Re Specialty - North America is a description for the insurance business operations of affiliated companies in the Munich Re Group that share a common directive to offer and deliver specialty property and casualty insurance products and services in North America. For more information on Munich Re Specialty - North America, including licensing, regulatory-required, and other information on the operating companies, visit Munich Re Specialty - North America Disclosures
The Opportunity
Future focused and always one step ahead!
As a member of our E&S Casualty team, you'll be responsible for the production, underwriting and retention of profitable E&S primary casualty business through the cultivation and maintenance of broker relationships.
Responsibilities :
Underwrite, market, quote, bind and retain a profitable book of excess and surplus lines business that meets profitability and growth targets. Operate within granted authority and guidelines and make referrals to underwriting leadership as appropriate.
Development and execution of production strategies and business plans to implement and maximize growth objectives and rate goals. Coordination with other Munich Re business units is expected and encouraged to offer the best holistic solutions to our clients.
Measure and optimize portfolio progress by reviewing and analyzing underwriting data and monitoring industry best practices to identify opportunities for continuous improvement
Cultivate and maintain professional wholesale broker relationships.
Represent the Munich Re brand and Munich Re Specialty Insurance at client events, seminars, meetings, etc.
Assistance in day-to-day operations and projects as assigned which could have client, business group, divisional and corporate impact.
Qualifications
5 years of experience in insurance and / or reinsurance focusing on E&S casualty lines of business
Excellent underwriting, marketing, and analytical skills
Advanced insurance certifications (e.g. CPCU) preferred
Advanced working knowledge of Commercial P&C / E&S products and insurance concepts, UW processes and procedures, laws and regulations, terminology, and other relevant industry trends
Proficiency in the use of pricing models, tools and other risk evaluation models
Successful track record of developing and maintaining strong relationships with wholesale brokers
Tech savviness and a willingness to experiment with and learn new technologies
Ability to think strategically and function tactically
Exceptional communication skills that energize and engage brokers, clients and colleagues and the ability to convey a vision and client-focused solutions
Ability to present and negotiate complex agreements with brokers
Effective time management and organizational skills
Willingness to travel 20%-30%
The Company is open to considering candidates in numerous locations, including NYC and Chicago. The salary range posted below reflects market variations across various locations. This role is designated for either Chicago or NYC and reflects multiple geographies. The offer will be adjusted per geography.
The base salary range anticipated for this position is $99,700 - $166,100 plus opportunity for company bonus based upon a percentage of eligible pay. In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).
At Munich Re, we see Diversity, Equity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.
We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Apply now! Apply for this Job!
Salary : $99,700 - $166,100
