Underwriter

Munich Re Specialty - Global Markets, UK; Greater Manchester; Hybrid; GBP 40,000 - 80,000; Full time

Job summary

An established industry player seeks a dedicated Underwriter to join their dynamic team in Greater Manchester. This role offers the chance to manage a growing portfolio while providing guidance to junior staff. With a focus on building strong relationships and delivering exceptional service, you will play a key role in achieving the company's long-term trading objectives. The company fosters a supportive culture that encourages curiosity and boldness, ensuring you can achieve your personal and professional goals. If you are passionate about underwriting and ready to make an impact, this opportunity is perfect for you.

Benefits

25 days Annual Leave + Bank Holidays

10% Non-contributory Pension

Annual Bonus Eligibility

Private Medical Insurance

Dental Insurance

Critical Illness Insurance

Life Assurance

Wellbeing and Development Scheme

Hybrid Working

Study & Professional Development Support

Qualifications

• 3+ years of underwriting experience, ideally in Cyber.
• Ability to interpret management information effectively.

Responsibilities

• Manage a profitable portfolio with allocated intermediaries.
• Develop strong relationships with intermediaries to achieve growth.

Skills

Underwriting Knowledge

Communication Skills

Technical Underwriting

Market Understanding

Education

Dip CII/ACII

Job description

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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 adaptablestrategy, 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.

Please see our website for more information.

Company

Munich Re Specialty - Global Markets

Location

Manchester , United Kingdom

We are currently looking for a Underwriter to be based in Manchester, Leeds, Birmingham or Glasgow on a full-time basis, reporting into the Cyber Underwriting Manager.

As an Underwriter, you will achieve and maintain a profitable, well balanced and growing portfolio with allocated intermediaries and customers to assist in meeting long term trading objectives of the Company. You will also provide guidance to less experienced underwriting staff.

Responsibilities:

• Working within your team, occasionally visiting intermediaries/customers, undertaking end-to-end handling of straight forward cases for the allocated portfolio to deliver the agreed joint business development plans in line with the Company’s overall trading strategy.
• Make effective on site decisions, within delegated authority, for allocated intermediaries so that work is completed efficiently.
• Working with the underwriting team, develop strong relationships with allocated intermediaries, balancing intermediary needs with the Company’s trading objective in a way that will deliver profitable and balanced trading growth.
• Plan and process own work in a way that will assist the team to meet its customer service targets including credit control targets.
• Identify, define and close business opportunities, seeking the input of other members of staff where appropriate, to ensure that business proposals are dealt with swiftly and effectively, securing business for the Company.
• Act as a reference point on all issues for the allocated intermediary/customer or less experienced staff, so that a high level of customer service is delivered.
  
  
  

Knowledge and Skills

• Appropriate level of underwriting knowledge; 3+ years underwriting Cyber ideally
• Understanding of technical underwriting, philosophy and Company trading strategy.
• Ability to interpret and effectively use management information.
• Excellent communication skills.
• Knowledge of the local market.
• Dip CII/ACII or substantial progress towards is preferred.
  
  
  

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 adjustment 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!

Benefits

• 25 days Annual Leave + Bank Holidays
• 10% Non-contributory Pension
• Eligibility for an Annual Bonus
• Private Medical + Dental Insurance
• Critical illness insurance + Life Assurance + Permanent Health Insurance
• Wellbeing and Development Scheme + EAP + Health Assessments (subject to scheme eligibility)
• Electric Vehicle Salary Sacrifice Scheme
• Study & continuing Professional Development Support
• Hybrid Working + IT Home Set-up Support
  
  
  

#BePresent #BeBold #BeCurious

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Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Insurance

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