Underwriter, Property and Casualty

About the Position

Underwriter, Property and Casualty

Location: Birmingham, United Kingdom; Leeds, United Kingdom

Job type: Full-Time

Work mode: Hybrid

Job level: Professional

Job ID: 14607

Company: Munich Re Specialty - Global Markets

Employment type: Regular

Area of expertise: Claims & Underwriting

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We are currently looking for an Underwriter, Property and Casualty, to be based in either Birmingham or Leeds on a full-time basis, reporting into the P&C Underwriting Manager.

In this role, you will contribute to the underwriting team’s achievement of profitable growth while ensuring the maintenance of a high-quality portfolio across Property & Casualty products, including combined, mono-line, and scheme offerings.

Responsibilities

Underwriting

• Underwrite new and renewal business for allocated intermediaries and customers in line with guidelines, risk appetite, and delegated authority; manage end-to-end underwriting of cases to deliver agreed business development plans aligned with the Company’s trading strategy;
• Make timely, effective underwriting decisions within delegated authority, referring complex risks as appropriate; support underwriting of complex or multinational accounts by contributing tailored solutions;
• Collaborate closely with senior underwriters and key stakeholders within the UK regional business to ensure consistent underwriting processes;
• Plan and manage own workload efficiently to meet customer service standards and credit control targets; contribute to building and managing a profitable, balanced, and sustainable portfolio;
• Continuously develop technical underwriting knowledge and skills through training, mentoring, and practical experience;
• Undertake other duties appropriate to the role level as required.

Strategic Contribution

• Identify and develop business opportunities within the allocated portfolio, collaborating with colleagues to ensure efficient business handling;
• Support cross-selling and account development initiatives by working with other lines of business;
• Contribute to maintaining a balanced, high-quality portfolio and promote Munich Re P&C products.

Technical Expertise

• Maintain and enhance technical underwriting knowledge across relevant lines of business; deliver technical input and presentations as required;
• Ensure consistent application of underwriting standards and guidelines across the portfolio;
• Promote good Conduct practices and understand escalation processes and governance related to Conduct Risk and underwriting committees.

Intermediary and Customer Management

• Develop and maintain effective working relationships with allocated intermediaries and customers, balancing their needs with the Company’s trading objectives;
• Represent Munich Re Global Markets UK in meetings with intermediaries and internal group stakeholders as appropriate;
• Act as a key contact for the allocated intermediaries/customers, supporting business development efforts and maintaining high levels of customer service.

Requirements

• Demonstrate a high level of underwriting knowledge, with experience in Real Estate considered advantageous;
• Possess a solid understanding of technical underwriting principles, company philosophy, and trading strategy;
• Ability to interpret and effectively utilize management information to support decision-making;
• Exhibit excellent communication skills to engage effectively with internal and external stakeholders;
• Maintain strong knowledge of the local market dynamics;
• Build and sustain collaborative internal relationships with Line of Business Managers, team members, underwriters, the Claims Department, and the Syndicate;
• Develop and manage external relationships with a diverse range of contacts within allocated intermediaries and customers.

We Offer

• Competitive salary
• Opportunity to work in a dynamic and inclusive environment
• Professional development opportunities

About the Company

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 adaptable strategy, 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.

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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!

#BePresent #BeBold #BeCurious

Apply Now