Underwriter Property - Mumbai, India - Munich Re

Munich Re

Verified Company

Mumbai, India

1 week ago

Posted by:

Deepika Kaur

beBee Recuiter

Underwriter Property & Casualty, India:

Job Purpose:

Company
Munich Re

Location
Mumbai, India

Key Responsibilities
Produce, underwrite and manage the book of business in compliance with underwriting guidelines, strategies and best practices
Perform the underwriting referral function for Property & Casualty Treaty businesses, as specified and as required in the underwriting guidelines and mandates
Implement use of internal pricing and layering models & tools, wording topics
Data crunching/analysis of various client information deck, quarterly performance to update the market summary/statistics, peer to peer comparison, market benchmarking, etc
Maintain high standards for thoroughness, accuracy, and consistency of work product
Drive business development together with Client Management and foster a business development mindset within the underwriting team
Build effective working relationships across departmental, internal companies and clients, while maintaining diplomacy to drive successful business outcomes

Education & Experience

Essential:
Graduate degree with emphasis on insurance, actuarial studies, mathematics, statistics, business or accounting
Knowledge and experience in underwriting Property or Casualty treaty business
4 + years insurance or reinsurance company experience with emphasis on analytic functions in underwriting support, underwriting, pricing & product development
Familiarity with risk modeling and working knowledge of insurance products and/or reinsurance contracts
Familiarity with Microsoft Excel; Power BI and data analytics tools would be an advantage
Exceptional communication skills that energize and engage brokers, clients and colleagues and the ability to convey a vision and clientfocused solutions

Competencies:

Strong analytical skills and high attention to detail
Ability to communicate transparently including effective knowledge sharing
Ability to think strategically and function tactically
Client and solutionoriented mindset as well as the ability to identify clients' needs and transform these into viable concepts and profitable businessAbout Munich Re:LI-Hybrid