Property Facultative Underwriter: Growth & Risk

Munich Re; Illinois; On-site; USD 138,400 - 203,000; Full time

Benefits offered by this job

Health insurance coverage

401k match

Paid time off

Tuition assistance

Job summary

A leading global insurance company is seeking a Facultative Program Property Underwriter to join their diverse team. The successful candidate will primarily underwrite property facultative reinsurance programs, manage client relationships, and ensure compliance with corporate guidelines. Experience in underwriting and strong negotiation skills are essential. The position based in Illinois offers a competitive salary range, excellent benefits, and opportunities for bonuses based on performance.

Qualifications

• 5+ years of experience in (re)insurance underwriting, broker community or corporate risk market.
• Proficiency in pricing models and risk evaluation tools.
• Ability to manage Client relationships and maintain profitable relationships.

Responsibilities

• Independently underwrite and price facultative program business.
• Review primary policy and reinsurance contract wording.
• Maintain complete and accurate business records.

Skills

Experience in (re)insurance underwriting

Strong negotiation skills

Interpersonal skills

Oral and written communication skills

Understanding of accounting and finance

Job description

A leading global insurance company is seeking a Facultative Program Property Underwriter to join their diverse team. The successful candidate will primarily underwrite property facultative reinsurance programs, manage client relationships, and ensure compliance with corporate guidelines. Experience in underwriting and strong negotiation skills are essential. The position based in Illinois offers a competitive salary range, excellent benefits, and opportunities for bonuses based on performance.