Underwriting Analyst – Casualty, Data-Driven & Growth

Munich Re Group

Princeton (NJ)

On-site

USD 70,000 - 85,000

Full time

9 days ago

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Benefits offered by this job

Health insurance
Wellness program
Life and disability insurance
401k match
Paid holidays and PTO

Job summary

Munich Re Specialty - North America is seeking an Underwriting Analyst in Princeton, NJ to support Casualty underwriting activities, from submission intake to pricing, binding, and policy issuance. You will collaborate with underwriters, actuaries, brokers, and internal stakeholders to ensure timely, accurate data and documentation.

The role emphasizes data interpretation, system data integrity, and process improvements, with opportunities to mentor junior team members and contribute to ongoing

Qualifications

  • Bachelor's degree (or equivalent work experience) in related field.
  • 3+ years insurance company experience with emphasis on analytic functions in underwriting support.
  • Ability to work in an often fast-paced, client-centric environment.
  • Excellent customer service skills and working knowledge of insurance policies.
  • Intermediate to expert level computer skills - Microsoft Excel, Word, SharePoint, and Outlook.

Responsibilities

  • Support new and renewal underwriting tasks for Casualty business units by organizing submission information; pricing, quoting, and binding support to underwriters.
  • Review, analyze and input financial and statistical information in appropriate system(s) to provide timely and accurate service for quotes (pricing), policy and endorsement issuance, reinsurance booking, and provide additional required documentation.
  • Interpret data and set up accounts in appropriate system(s) ensuring accuracy, often working directly with the account underwriter and/or actuarial team members.
  • Support insurance policy and reinsurance contract binding, issuance, and service requirements.
  • High interaction and coordination with broker agents and internal team members to support underwriting decisions and to obtain and provide information as needed.
  • Recommend process improvements, tool enhancements, testing of system and process changes.
  • Act as a mentor and/or coach to Underwriting Assistants and peers as necessary.
  • Perform quality control checks to ensure data accuracy and maximize the integrity, quality, and usability of information.
  • Assist team members with and support projects as needed/assigned.

Skills

Underwriting support
Analytic functions
Client-centric environment
Excellent customer service

Education

Bachelor's degree or equivalent in related field

Tools

Microsoft Excel
Word
SharePoint
Outlook

Job description

Munich Re Specialty - North America is seeking an Underwriting Analyst in Princeton, NJ to support Casualty underwriting activities, from submission intake to pricing, binding, and policy issuance. You will collaborate with underwriters, actuaries, brokers, and internal stakeholders to ensure timely, accurate data and documentation.

The role emphasizes data interpretation, system data integrity, and process improvements, with opportunities to mentor junior team members and contribute to ongoing

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