ESG Underwriting Analyst

Munich Re; City Of London; Hybrid; GBP 45,000 - 60,000; Full time

Job summary

A leading insurance provider is seeking an ESG Underwriting Analyst in London. This full-time, hybrid role involves embedding ESG considerations into the underwriting process and supporting sustainable practices. Ideal candidates will have strong communication skills and a passion for ESG-related goals. Join a team committed to driving impactful changes in a dynamic environment.

Qualifications

• Ability to operate effectively in local and global frameworks.
• Willingness to learn and develop specialist knowledge of ESG.
• Experience with multiple lines of business is advantageous.

Responsibilities

• Support underwriters in ESG consideration during underwriting.
• Translate and communicate Group ESG policies.
• Coordinate and prepare Group ESG reporting.

Skills

Interpersonal skills

Communication skills

Knowledge of (specialty) underwriting

Passion for ESG goals

Creative thinking

Education

University Degree or relevant professional qualification

Job description

At Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this.

At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals.

ESG Underwriting Analyst

We are looking for a ESG Underwriting Analyst to join our team in the London City Office on a full time basis with hybrid working of 2-3 days per week.

If you are passionate about ESG (Environment, Social, Governance) and want to make an impact in a highly dynamic and evolving environment – we are looking for you!

ESG touches multiple aspects of the underwriting process and you will be able to support the business to navigate upcoming changes through internal and external collaboration.

The ESG Underwriting Analyst will play a key role in embedding environmental, social and governance (ESG) considerations into the underwriting process MRS-GM. This role supports our commitment to sustainable and responsible underwriting, aligning with both Group-wide ESG policies and Lloyd’s market requirements. The analyst forms an integral part of the support framework with underwriting teams, Group and GSI functions, and other stakeholders, ensuring ESG considerations are integrated into business decision-making, reporting and governance frameworks.

Key Responsibilities

• Embedding ESG in Underwriting
• Support underwriters in assessing and incorporating ESG considerations into day-to-day underwriting decisions.
• Develop and maintain practical ESG guidance and tools for underwriting teams.
• Monitor industry and regulatory developments, ensuring underwriting practices remain aligned with evolving ESG standards.
• Communication & Implementation
• Translate and communicate Group ESG policies, ensuring their effective implementation within MRS-GM.
• Assist in developing and updating local ESG-related policies and procedures.
• Act as a point of contact for ESG queries from underwriting and support teams.
• Reporting & Data
• Coordinate and prepare Group ESG reporting requirements, including disclosures on areas such as thermal coal exposure and other restricted activities.
• Contribute to the development of ESG metrics and dashboards for monitoring performance.
• Training & Awareness
• Support the design and delivery of ESG training and awareness sessions for underwriters and underwriting assistants.
• Help embed ESG as part of ongoing professional development across the business.
• Team Contribution & Collaboration
• Provide support to ESG colleagues on cross-team priorities such as governance, reporting, and regulatory responses.
• Assist with ad hoc tasks and projects, including data management, presentations, and market engagement.
• Collaborate with Group, Risk, Compliance, Legal, and Claims teams to ensure consistent ESG integration across functions.
• Help drive forward good Conduct for the business to deliver the best outcomes for customers / policyholders.

Knowledge and Skills

• The successful candidate will be an authentic individual with excellent interpersonal and communication skills and an ability to operate effectively in the local and global framework
• Passion to strive for ESG goals together with a diverse set of stakeholders
• Ability to contribute to the clarification of the requirements for Underwriting, in an evolving environment
• Willingness to quickly learn and develop specialist knowledge of relevant requirements, and ability to translate knowledge into practical methods
• Good knowledge about (specialty) underwriting / (re-)insurance products, experience in multiple lines of businesses advantageous
• Creative and strategic thinker also beyond currently existing demands and solutions
• University Degree and/or relevant professional qualification

If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!

Diversity, Equity & Inclusion

At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.

All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an by speaking to your Talent Acquisition contact.

Learning and innovating today, striving for sustainable societies and business tomorrow

At Munich Re Specialty – Global Markets our approach to ESG is underpinned by our desire to seize business opportunities and to nurture a stimulating and inclusive work environment. Our ESG strategy aims to deliver holistic impacts across environmental, social and governance topics including supporting a number of local initiatives within our community and offering volunteering opportunities for colleagues.

Learn more about sustainability at Munich Re – choose your impact!

#BePresent #BeBold #BeCurious