Property Treaty Underwriter
3 weeks ago
**Property Treaty Underwriter**:
**Location**
Mumbai, India
Ensuring underwriting excellence in property treaty department, enhancing property team members' overall technical level; support business generation for targeted segments; proactively contribute to Munich Re Greater China's strategy of innovative growth.
Your interface would be: Client Management, Underwriting, Claims and Technical Accounting, etc.
Your job
- Responsible for treaty pricing in the pricing platform
- Involved in Cat modelling
- Post renewal treaty maintenance in coordination with the finance team
- Finalize treaty slip wordings and underwrite programs as per MR underwriting guidelines
- Preparing PPT for various internal and external presentations
- Data crunching/analysis of various client information deck, quarterly performance to update the market summary/statistics, peer to peer comparison, market benchmarking, etc
- Regular and consistent Client/broker interaction
- Adhoc activities - liaise with claims, fac underwriters, client managers periodically
**Profile**:
**Capability & Experience**
**Essential**:
- 10-15 years of reinsurance and/or actuarial experience with thorough understanding of reinsurance underwriting (pricing, wording as well as structuring).
- Good understanding of reinsurance purchasing motivations of direct insurers
- Good communication skills & a team player.
**Good to Have**: MS access, Macro, power BI, CAT modelling experience, actuarial experience
**Qualifications**
- Graduate/Master in Science,
- Certification: Any insurance/underwriting/actuarial certification will be advantageous
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.-
At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives and thought. This integration 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.
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