Job Description

Senior Facultative Property Underwriter - (High Tech Industry), Asia

Career Level 4
Location
Singapore , Singapore
Munich Re is the premier global reinsurance business partner that delivers exceptional value to clients and stakeholders. An opportunity exists for a self-driven production Senior Underwriter to be an integral member of the Global Facultative and Corporate (F&C) entity, the role reports to the Head of Facultative Property Asia. In this role you will explore new business opportunities and manage your defined portfolio on a sustainable basis.
Your job

• Underwriting of Hi-Tech property accounts on a facultative basis throughout Asia in tight collaboration with our local offices including risk assessment, evaluation and provision of reinsurance terms & conditions in accordance with the applicable underwriting authority, underwriting guidelines, internal directives, targets and client strategies. This includes being an active member of the Global High Tech Specialist Group
• Building and sustaining a Facultative property business (all industries) whilst driving sustainable growth of the portfolio throughout SEA including the active and operational support of the Facultative property Units in other Asian markets
• Singapore acts a regional centre for Asia. As such it is expected to provide expertise and 4-eye support to the other local units
• Developing and growing a sustainable book of business and exploiting new business potentials through active development of relationships vis-a-vis clients and brokers
• Developing innovative insurance solutions and products in addition to conventional covers in close cooperation with other business units
• Providing expert advice to regional Client Managers and Treaty Underwriters
• Organizing and conducting seminars/workshops for clients and internal staff, providing clients with value-added services
• Organizing and conducting surveys of large/complex property risks for clients, including preparing internal and external reports (if required)
• Evaluating special treaty acceptance requests by cedants for treaty team from a technical point of view
• Executing portfolio performance and market analyses
• Maintaining and expanding technical and market know-how

Your profile

• Minimum 10 years of professional underwriting experience in Facultative Property (Re)Insurance, preferably with strong focus on the High tech business segment in Asia
• Expert-level knowledge of the relevant underwriting processes including risk evaluation, pricing high level of competence in reviewing contract wording exercises for the complex business segment
• Preferably, min. 5 years of professional underwriting experience in the Oil & Gas business segment
• Capabilities and passion to actively conduct and solicit business opportunities
• Ability to work effectively within a multi-cultural environment and multi-location teams
• Strong analytical and communicational skills
• Fluent English and preferably in Japanese, Chinese, Korean or any other Asian language skills
• Conscientious business acumen, creativity, ability to work in a diverse team
• Entrepreneurial mind-set and a passion to work in a fresh-start environment

About us Find out Who we are, What we do, Our Strategy and How we can Support & Reward you. Our business model is based on the combination of primary insurance and reinsurance under one roof. We take on risks worldwide of every type and complexity, and our experience, financial strength, efficiency and first-class service make us the first choice for all matters relating to risk. Our client relationships are built on trust and cooperation. If you would be interested in helping shape the future as part of one of our teams, we look forward to hearing from you.

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At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the centre of this interaction is each of us.