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Underwriter - level 3

Dublin
Munich Re
Underwriter
€60,000 - €80,000 a year
Posted: 22 May
Offer description

At Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products, and industry leaders working in a supportive environment to achieve this.

At the heart of our success is a strong culture where people are encouraged to be present, bold, and curious, allowing them to achieve their individual goals.

We are looking for an Underwriter to work full time (hybrid working of 2-3 days) in our Dublin, Ireland office to achieve and maintain a profitable, well-balanced, and growing portfolio with allocated intermediaries and customers to assist in meeting the long-term trading objectives of the Company.

Responsibilities

1. Work within your team, occasionally visiting intermediaries/customers, undertaking end-to-end handling of straightforward cases for the allocated portfolio to deliver the agreed joint business development plans in line with the Company’s overall trading strategy.
2. Make effective on-site decisions, within delegated authority, for intermediaries so that work is completed efficiently.
3. Work with the Underwriting team, developing strong relationships with intermediaries, balancing intermediary needs with the Company’s trading objectives to deliver profitable and balanced trading growth.
4. Plan and process your work to help the team meet its customer service and credit control targets.
5. Work with the Distribution Team to maintain accurate records for intermediaries, enabling effective communication and marketing initiatives.
6. Identify, define, and close business opportunities, seeking input from other staff when appropriate, to ensure swift and effective business proposals, securing business for the Company.
7. Act as a reference point on issues within your authority level for intermediaries, ensuring high customer service levels. Refer issues to senior Underwriters when relevant.
8. Assist in maintaining a balanced, high-quality portfolio, using gathered information effectively.
9. Undertake other duties as directed within your job level.
10. Help promote good Conduct to deliver the best outcomes for customers and policyholders.
11. Understand escalation procedures and responsibilities of relevant governance groups such as PCRSG, UCSC, ExCo, and the Board regarding Conduct Risk.

Knowledge and Skills

* Build and maintain strong internal relationships with Underwriting team members, Claims Department, Sales and Development Team, Syndicate, and Directors.
* Externally, develop and sustain relationships with contacts within intermediaries and customers.

We encourage candidates who are excited about this role but may not meet every requirement to apply, as they could still be the right fit.

Diversity, Equity & Inclusion

At Munich Re, DEI is fundamental to fostering innovation and resilience. We aim to build a diverse workforce across various dimensions, including racial, ethnic, sexual, and gender identities, backgrounds, abilities, ages, experiences, and beliefs. We are committed to creating an equitable and inclusive environment where diversity is valued and everyone has opportunities to succeed.

Candidates can request reasonable adjustments during the recruitment process by contacting Talent Acquisition.

Our ESG approach supports sustainable societies and businesses through initiatives and volunteering opportunities, emphasizing environmental, social, and governance impacts.

* 25 days Annual Leave + bank holidays
* 10% Non-contributory Pension
* Eligibility for an Annual Bonus
* Private Medical + Dental Insurance
* Critical illness insurance + Life Assurance + Permanent Health Insurance
* Wellbeing and Development Scheme + EAP + Health Assessments
* Electric Vehicle Salary Sacrifice Scheme
* Support for Study & Continuing Professional Development
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