Property Treaty Underwriter

5 days ago


Singapore Munich Re Full time

**Property Treaty Underwriter**:
**Location**
Singapore, Singapore

Founded in 1880, Munich Re Group is on the world's leading providers of primary insurance, reinsurance and insurance related risk solution. As pioneers in risk assessment, we promote the digital transformation of the global insurance landscape, expanding products and services as new forms of risk emerge. From space rocket launches to cyber-attacks, from high net worth individual life cover to pandemic, we take care of risk, so our clients can take care of their business.

You will join the Southeast Asia underwriting team as Property Treaty Underwriter in Singapore, and will be responsible for property underwriting tasks which vary across risk assessment of Property treaty business by natural catastrophe/fire risk, pricing, contractual wording, product/solution development and client dialogue.

Your job

**Underwriting**:

- Technically assess property treaty accounts/structures using natural catastrophe models and statistical tools
- Price and discuss terms and conditions of programs along with our 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
- Support cross-functional projects
- Develop pricing models/tools
- Conduct 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 our client management team on technical aspects, in dialogue and negotiation with clients and brokers

**Profile**:

- University degree preferably in Natural / Computer Science, Mathematics / Statistics, Engineering, Economics, Finance, or relevant insurance qualifications
- Minimum 8 years of professional experience in treaty (re)insurance
- A high degree of analytical and problem solving capabilities, with structured and logical thinking
- Experience in programming would be beneficial
- Knowledge of the Southeast Asian re/insurance market
- Strong interest in catastrophe insurance and aspiration of career development in treaty underwriting field
- Have a team oriented attitude
- Able to work with tight timelines
- Self-motivated in skill developments as well as in identifying problems/opportunities
- Relationship management capability
- Willingness to travel

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.-
At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the centre of this interaction is each of us.



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