Liability and Cyber Underwriter

**Location**

Mumbai, India
**Job type**

Full-Time
**Work mode**

On-site
**Job level**

Professional
**Job ID**

10867
**Company**

Munich Re
**Employment type**

Regular
**Area of expertise**

Claims & Underwriting

The position is responsible for underwriting liability and cyber reinsurance business in line with the underwriting authorities and client strategies; manage the existing portfolio and develop new business opportunities for India.

Your Role:

- Ensure high-quality technical underwriting Liability & Cyber treaty and facultative business, including premium calculation and stipulation of reinsurance terms & conditions in accordance with underwriting guidelines, internal rules, authorities, targets, and client strategies.
- Handle underwriting related tasks including filing, documentation, referral, renewal update and planning, etc
- Provide renewal underwriting support in other markets if needed
- Monitor market trends and performance; draw applicable insights of current & emerging risks
- Collaborate with Client Management on client relations, identifying and developing new business potential and new clients in Liability & Cyber
- Prepare, present, and deliver customized solutions to clients and prospects, advancing our product and service offerings through collaboration and knowledge exchange.
- Compile, implement and execute Liability &Cyber strategy, client and market strategies (in close collaboration with Client Management and Regional Underwriting teams)
- Participate in seminars, events, and conferences, act as a trusted market and thought leader in Liability & Cyber. Contribute to both internal and external knowledge exchange

Your Profile:

- MBA (preferably in Insurance) or Associate member of Institute of Actuaries of India or UK or CA or CS or ICWAI or Fellow member of CII/CPCU or University degree in IT security or computer sciences, other technical degree or university degree, economics, law, or other, IT-security certifications, e.g. CISSP, or similar
- Minimum three years of relevant experience, preferably in liability & cyber line of products
- Knowledge of statistical modelling
- Problem solving and solution-oriented skills (incl. understanding of numbers and data structuring)
- Strong team player with own initiative combined with a willingness to assume responsibility
- Good interpersonal skills
- Eager to explore new topics and knowledge
- Excellent spoken and written business English essential

Your Benefits

**With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.**- Competitive Salary- We provide fair and competitive compensation that reflects your performance and commitment.- Company performance-based Incentives- In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.- Recognition and Special Rewards- We recognise outstanding individual contributions through a variety of targeted rewards and incentives.- Retirement Planning- We support your long-term financial wellbeing with retirement solutions aligned with local regulations.- Inclusive Workplace Culture- We foster a respectful, inclusive, and values-driven environment.- Learning & Development- We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.- Work-Life-Balance- Supporting your ability to balance family, leisure, and your career.- Health & Wellbeing- We support your physical and mental health through a range of programs and activities in each location.