Global Property Underwriting Leader (Remote)

Munich Re Group; Princeton (NJ); Remote; USD 246,000 - 400,000; Full time

Benefits offered by this job

Health insurance coverage

Employee wellness program

Life and disability insurance

401k match

Retirement savings plan

Paid holidays and PTO

Job summary

Munich Re America Services (MRAS) is seeking a Head of GSI Property Underwriting to drive portfolio strategy, risk management, and consistency across global and local underwriting teams. You will influence decision making for primary property risk and collaborate with BUs to maintain profitability.

The role requires extensive Property UW experience, leadership, and the ability to travel up to 45% as needed. A BS/BA and CPCU/ARe are preferred qualifications.

Qualifications

• In-depth knowledge of Insurance Underwriting practices and procedures, skill in analyzing qualitative and quantitative data and decision making capability.
• Minimum of 10 years of Property Underwriting of primary business.
• Experience underwriting MGA/Program business.
• Experience in US admitted and E&S markets, personal as well as commercial lines.
• BS/ BA, advanced degree a plus.
• CPCU, ARe designations preferred.
• Ability to provide clear underwriting intent as it relates to the development of new products.
• Ability to explain complex insurance and reinsurance concepts to both technical and non-technical audiences.
• Willingness to travel (up to 35% - 45%).

Responsibilities

• Set the overall GSI Property Underwriting strategy, guidelines and risk management approaches.
• Oversee GSI underwriting strategies and guidelines through GSI Underwriting teams.
• Coordinate responses to industry trends affecting portfolio results.
• Implement Global Property UW strategies and guidelines.
• Support BUs through the GURC referral process for difficult underwriting decisions.
• Lead Property Underwriting Roundtable and training initiatives.
• Monitor KPIs and ensure robust underwriting risk controls across BUs.
• Coordinate budget requests and ensure alignment with market opportunities.

Skills

Underwriting knowledge

Property underwriting 10+ yrs

MGA/Program underwriting

US admitted & E&S markets

Communication skills

Travel willingness

Education

BS/BA degree

CPCU or ARE preferred

Job description

Munich Re America Services (MRAS) is seeking a Head of GSI Property Underwriting to drive portfolio strategy, risk management, and consistency across global and local underwriting teams. You will influence decision making for primary property risk and collaborate with BUs to maintain profitability.

The role requires extensive Property UW experience, leadership, and the ability to travel up to 45% as needed. A BS/BA and CPCU/ARe are preferred qualifications.