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Underwriting Careers at Industry Leaders

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Public Entity Underwriter

Munich Re

Munich Re

Marketing & Communications
Chicago, IL, USA
Posted on Oct 29, 2024

Public Entity Underwriter

Company
Munich Re America
Location
Philadelphia , United States

Vice President Public Entity Underwriter

The Company is open to considering candidates in numerous locations: Philadelphia, Chicago, Hartford CT, and Princeton NJ.

We are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients.

The Company

Munich Re Specialty North America provides extensive, specialty property and casualty insurance solutions to customers through select brokers, Managing General Agents, program administrators, cover holders and insurtech partners. Products include: property, casualty, professional liability and other specialty insurance solutions. Our comprehensive, customized solutions are provided by A+ rated carriers and are tailored to clients’ needs. We offer superior service levels, industry-recognized underwriting and claims expertise and innovative approaches to complex and evolving risks.

Munich Re Specialty North America is a description for the insurance business operations of affiliated companies in the Munich Re Group that share a common directive to offer and deliver specialty property and casualty insurance products and services in North America. For more information on

Munich Re Specialty North America, including licensing, regulatory-required, and other information on the operating companies, visit https://www.munichre.com/us-non-life/en/general/munich-re-specialty-insurance-disclosures.html.

The Opportunity

The responsibility for the role is to produce and underwrite profitable single risk and group public entity business that contributes to department and division results.

Key Responsibilities of this position include:

  • Underwrite multiline reinsurance and insurance submissions for public entity classes in accordance with division guidelines and philosophy

  • Develop and maintain strong, professional relationships with appropriate contacts at existing and prospective client and production sources.

  • Respond to and find solutions to reinsurance and insurance client business needs with underwriter(s) and management distinguishing Munich Re Specialty – North America Public Entity Risk Solutions business and products from competitors.

  • Assist Regional Manager in the development of new or potential business clients.

  • Become proficient in the handling of larger, more complex accounts.

  • Effectively service assigned reinsurance and insurance accounts and production sources.

  • Exhibit a high degree of market awareness and provide consistent input to management on market activities.

Job Requirements:

  • Underwrite multiline reinsurance and insurance submissions for public entity classes in accordance with division guidelines and philosophy

  • Develop and maintain strong, professional relationships with appropriate contacts at existing and prospective client and production sources.

  • Respond to and find solutions to reinsurance and insurance client business needs with underwriter(s) and management distinguishing Munich Re Specialty – North America Public Entity Risk Solutions business and products from competitors.

  • Assist Regional Manager in the development of new or potential business clients.

  • Become proficient in the handling of larger, more complex accounts.

  • Effectively service assigned reinsurance and insurance accounts and production sources.

  • Exhibit a high degree of market awareness and provide consistent input to management on market activities.

At Munich Re, we see Diversity, Equity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.