
Senior Facultative Property Underwriter
4 days ago
**Senior Facultative Property Underwriter (High-tech Industry), Asia**:
Career Level 4
**Location**
Singapore, Singapore
Munich Re is the premier global reinsurance business partner that delivers exceptional value to clients and stakeholders.
An opportunity exists for a self-driven production Senior Underwriter to be an integral member of the Global Facultative and Corporate (F&C) entity. You will report to the Head of Facultative Property Asia, with responsibility for exploring new business opportunities and managing your defined portfolio on a sustainable basis.
Your job
- Underwriting of Hi-Tech property accounts on a facultative basis throughout Asia in tight collaboration with our local offices including risk assessment, evaluation and provision of reinsurance terms and conditions, observing the applicable underwriting authority, underwriting guidelines, internal directives, targets and client strategies. This includes being an active member of the Global High-tech Specialist Group
- Build and sustain a Facultative property business (all industries) whilst driving sustainable growth of the portfolio throughout SEA including the active and operational support of the Facultative property Units in other Asian markets
- Singapore acts a regional centre for Asia. As such, you will provide expertise and 4-eye support to the other local units
- Develop a sustainable book of business and exploit new business potentials through active development of relationships vis-à-vis clients and brokers
- Develop innovative insurance solutions and products in addition to conventional covers in cooperation with other business units
- Provide expert advice to regional Client Managers and Treaty Underwriters
- Organize and conduct seminars/workshops for clients and internal staff, providing clients with value-added services
- Organize and conduct surveys of large/complex property risks for clients, including preparing internal and external reports
- Evaluate special treaty acceptance requests by cedants for treaty team from a technical point of view
- Build portfolio performance and market analyses
- Maintain and expand technical and market know-how
**Profile**:
- Minimum 10 years of professional underwriting experience in Facultative Property (Re)Insurance with a strong focus on the High-tech business segment in Asia
- Expert-level knowledge of the relevant underwriting processes including risk evaluation, pricing high level of competence in reviewing contract wording exercises for the complex business segment
- 5+ years of professional underwriting experience in the Oil & Gas business segment (desirable)
- Capability and passion to conduct and solicit business opportunities
- Able to work in a multicultural environment and teams in multiple locations
- Strong analytical and communicational skills
- Conscientious business acumen, creativity, ability to work in a diverse team
- Entrepreneurial mindset and a passion to work in a fresh-start environment
- Excellent spoken and written business English essential, whilst an additional Asian language is a plus
About us
Our business model is based on the combination of primary insurance and reinsurance under one roof. We take on risks worldwide of every type and complexity, and our experience, financial strength, efficiency and first-class service make us the first choice for all matters relating to risk. Our client relationships are built on trust and cooperation. If you would be interested in helping shape the future as part of one of our teams, we look forward to hearing from you.-
We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sexual orientation, age, citizenship, marital status, disability, gender, gender identity or expression. We are proud to be an equal opportunity workplace.
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