Senior Cargo & Freight Underwriter

Munich Re; Manchester; On-site; GBP 40,000 - 55,000; Full time

Job summary

A leading specialty insurance provider is seeking an Underwriter to join their Manchester office. This role involves managing a profitable portfolio, providing technical expertise, and developing relationships with intermediaries. Ideal candidates should have extensive knowledge in Marine Trade underwriting and a strong understanding of technical principles.

Benefits

Critical illness insurance

Life assurance

Wellbeing and development schemes

Support for study and professional development

Qualifications

• Extensive underwriting knowledge in Marine Trade.
• Understanding of technical underwriting principles and company trading strategies.
• Ability to interpret management information effectively.

Responsibilities

• Handle end-to-end case management for the allocated portfolio.
• Make effective onsite decisions within delegated authority.
• Develop strong relationships with allocated intermediaries.

Skills

Underwriting knowledge in Marine Trade

Technical underwriting principles

Management information interpretation

Job description

About us

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

Our success is built on a strong culture where people are encouraged to be present, bold, and curious, enabling them to achieve their individual goals.

We are currently seeking an Underwriter to join our Manchester office on a full-time basis, reporting to the Underwriter & Team Leader.

The role involves maintaining a profitable, well-balanced, and growing portfolio with assigned intermediaries and clients to support the company's long-term trading objectives.

You will provide technical underwriting expertise and guidance to less experienced staff.

Responsibilities:

• Handle end-to-end case management for the allocated portfolio, working with intermediaries and customers to implement joint business development plans aligned with the company's trading strategy.
• Make effective onsite decisions within delegated authority to ensure efficient work completion.
• Develop strong relationships with allocated intermediaries, balancing their needs with the company's trading objectives to promote profitable growth.
• Plan and organize your work to help the team meet customer service and credit control targets.
• Identify and pursue business opportunities, collaborating with team members to ensure swift and effective deal closure.
• Serve as a reference point for intermediaries, customers, and less experienced staff to ensure high-quality customer service.
• Maintain a high-quality, balanced portfolio by effectively utilizing gathered information.
• Perform other duties as assigned within your role's scope.

Knowledge and Skills

• Extensive underwriting knowledge in Marine Trade.
• Understanding of technical underwriting principles and company trading strategies.
• Ability to interpret management information effectively.
• Familiarity with the local market.
• Strong internal relationships with senior management, team members, underwriters, claims, and syndicates.
• External relationships with contacts within intermediaries and clients.

Diversity, Equity & Inclusion

At Munich Re, we believe that Diversity, Equity, and Inclusion foster innovation and resilience, enabling us to act more bravely and effectively. We aim to build a diverse workforce across racial, ethnic, sexual, gender, economic, geographic, physical, age, educational, career, political, religious, and personal backgrounds. We are committed to creating an equitable and inclusive environment where all diversity is celebrated and individuals have equal opportunities to succeed.

Candidates can request reasonable adjustments at any recruitment stage by contacting their Talent Acquisition representative.

Our Commitment to Sustainability and Development

Our ESG strategy focuses on seizing business opportunities and fostering an inclusive, stimulating work environment. We support local community initiatives and offer volunteering opportunities to colleagues. Our benefits include:

• Critical illness insurance, life assurance, and permanent health insurance
• Wellbeing and development schemes, EAP, and health assessments (subject to eligibility)
• Electric vehicle salary sacrifice scheme
• Support for study and professional development