Property Treaty Underwriter
19 hours ago
**Company**
Munich Re
**Location**
Mumbai, India
**Your job**:
This position will join the India underwriting team as Property treaty underwriter in Mumbai, and will be responsible for various property underwriting tasks which vary across risk assessment of Property treaty business by natural catastrophe/fire risk, pricing, contractual wording, product/solution development and client dialogue.
**Underwriting**:
Technically assess property treaty accounts/structures utilizing natural catastrophe models and statistical tools; to price and discuss terms and conditions of programs along with the client management team; ensure underwriting excellence from technical pricing to contract wording; proactively participate in dialogue and exchanges between underwriting teams, experts within the Munich Re group and with external expertise; to support a cross-functional project; develop pricing models/tools; market research
**Product development**:
Take challenges in exploring new business ideas and product development both in reinsurance and primary insurance; non-traditional product (weather/catastrophe triggers, private-public partnership etc.); consultation for clients to identify pain-points/growth opportunity
**Client facing and marketing**:
support client management team from technical aspects in dialogue and negotiation with clients/brokers
**Your profile**:
- University degree preferably in natural/computer science, mathematics/statistics, engineering, economics, finance or relevant insurance qualifications
- Experience: Minimum 3 years of professional experience in treaty (re)insurance is preferred
- Expertise: high degree of analytical and problem solving capabilities with structured and logical thinking; advanced experience in programming would be a plus
- Market knowledge: experience in India re/insurance, strong interest in catastrophe insurance and aspiration of career development in treaty underwriting field
- Soft skills: team oriented attitude; strong work ethics, ability to work with tight timelines, curiosity; self-motivated in skill developments as well as in identifying problems/opportunities; strengths in relationship management; entrepreneurship
- Languages: English
- Willingness to travel
About Munich Re: Founded in 1880, Munich Re Group is one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions. As pioneers in risk assessment, we drive the digital transformation of the global insurance landscape, expanding products and services as new forms of risk emerge. From space rocket launches to cyber
- attacks, from high net worth individual life cover to pandemics, we take care of risks, so our clients can take care of their business. Across Asia Pacific, Middle East and Africa, we operate life and health and non-life reinsurance as well as primary insurance businesses, providing global career development opportunities and prospects to more than 1900 team members in 20 locations. We started supporting clients in the Indian market in 1951 and established our India Branch in Mumbai in 2017 to service the Non-Life and Life reinsurance markets in India, Sri Lanka and Bangladesh.
-
Property Treaty Underwriter
7 days ago
Mumbai, India Munich Re Full time**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...
-
Senior Treaty Underwriter
5 days ago
Mumbai, India Gen Re Full timeYour RoleOur International P&C Treaty Underwriting Asia Pacific team is seeking a highly qualified Senior Treaty Underwriter to join our Mumbai office. We are looking for a candidate with strong analytical capabilities, outstanding interpersonal skills, and a proven ability to combine underwriting expertise with marketing acumen. The ideal individual will...
-
Manager Treaty Asia Pacific
1 week ago
Mumbai, Maharashtra, India Mathsons Re-Insurance Brokers Full time ₹ 15,00,000 - ₹ 25,00,000 per yearCompany DescriptionMathsons Re-Insurance Brokers Pvt. Ltd. is one of India's leading reinsurance broking firms, established in 1973.Mathsons is licensed and regulated by IRDAI since 3 March 2003.The company has rapidly evolved from a small family business to a growing corporate entity, expanding its global presence. Under the leadership of Mr. Bipin...
-
Motor Underwriter
1 week ago
Mumbai, Maharashtra, India Munich Re Full time**Company** Munich Re **Location** Mumbai, India Your Role: Incumbent would be required to be involved in pricing and maintenance of casualty treaties with focus on Motor. Key Responsibilities - Involved in Treaty pricing in the pricing platform - Post renewal treaty maintenance in coordination with the finance team - Preparing PPT for various internal and...
-
Property Underwriter
7 days ago
Pune, Maharashtra, India bajajallianz Full time**Business Growth & Planning** - Implementation and monitoring of Property underwriting guidelines within the allotted Zones / Areas / Verticals and to identify the business risk associated, from time to time - Main accountability includes Risk acceptance, Risk selection, Policy coverage (Policy wording, Add-on covers, Exclusions / Inclusions, Special...
-
Mumbai, Maharashtra, India Tata AIG General Insurance Company Full time US$ 1,50,000 - US$ 2,00,000 per yearWere Hiring: Associate Vice President – Property Underwriting (Team Handling Role) Location: Mumbai Company: TATA AIG Department: Property Underwriting Are you a seasoned insurance professional with deep expertise in property underwriting and a passion for leading teams? We are looking for an experienced individual to join us as Associate Vice President...
-
Property & Liability - Underwriting
18 hours ago
Mumbai, India Vibhuti Insurance Brokers Pvt Ltd Full time_**Roles & Responsibility**_ - Underwriting of risks under various property products (Fire, Engineering, Property, Liability, Health and Misc products). - Preparing RFQ based on the requirement - Handling the grievance from all the internal & external customers & give them a satisfactory solution in liaison with other department as well as Head office -...
-
Motor Underwriter
5 days ago
Mumbai, India Munich Re Full timeYour Role: Incumbent would be required to be involved in pricing and maintenance of casualty treaties with focus on Motor. Key Responsibilities• Involved in Treaty pricing in the pricing platform• Post renewal treaty maintenance in coordination with the finance team• Preparing PPT for various internal and external presentations• Analysing client...
-
Liability and Cyber Underwriter
19 hours ago
Mumbai, Maharashtra, India Munich RE Full time**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...
-
Property Underwriter
3 weeks ago
Mumbai, India Consult Shekhar Pandey Full timeJob Description: Lead Specialist / Deputy Manager / Manager - Insurance Broking We are seeking a talented professional to join our Insurance Broking team. This role is available in Mumbai at Powai and Pune Near yerwada with a hybrid work model (minimum three days a week in the office). This position involves supporting onshore broking teams across client...