Engineering Underwriter Facultative Position
hace 4 semanas
This position is with Munich Re, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.
Job SummaryMunich RE Representative Office in Colombia (MR Bogota) is responsible for important and fast-growing markets in Latin America, such as Chile, Colombia, Peru, and Argentina, within its Underwriting Centre function for facultative business. Our Property & Engineering underwriting team in Bogota strives to assure the highest standards in underwriting quality and excellence, as well as to develop and provide business solutions with a clear focus on our clients.
Key Responsibilities- Pro-active enhancement and expansion of business relationships in direct contact with cedants and brokers with a clear focus on the acquisition of new profitable business.
- Assessing and underwriting engineering single risks for our clients in LA South region, including risk assessment, policy wording analysis, pricing, quotation, and implementing business acquisition tactics in accordance with target portfolio, risk appetite, underwriting guidelines, and authorities, client segmentation, and business unit strategy.
- Developing and executing engineered risk-management concepts, including risk inspections for target risks, and supporting clients on risk assessment matters.
- Supporting the team on strategy implementation, underwriting quality assurance, and business development, living up to standards of the 4-eye principle.
- Supporting local office, Client Management (CM), Claims / Loss Control Engineering (LCE), and MR treaty underwriting departments on technical questions and business development by taking a high degree of personal initiative and consistently exploiting all synergies available within Munich Re in LA but also worldwide.
- Closely interacting with clients, understanding their needs and business strategy for developing joint opportunities with an innovative approach (products, solutions).
- Supporting seminars, workshops for clients on local and regional basis.
- Actively contributing to ensure opinion leadership within the engineering re/insurance community in the region.
- Taking on special projects / initiatives, e.g., within multidisciplinary Mission Teams on local and regional scale.
- Bs. Civil engineering degree (mechanical, electrical, industrial, or equivalent).
- Single risk engineering underwriting experience (min 5 years). Property underwriting experience is a plus.
- Sound knowledge of reinsurance in engineering/property lines of business.
- Experience in specific field of engineering practice desirable e.g.: civil works.
- Practical experience in risk management / risk inspections either on construction works and/or operational power plants is of advantage (Loss Control Engineering).
- Experience/Knowledge in digital solutions/UW platforms is of advantage.
- High degree of client orientation, negotiation & marketing skills and interest in finding innovative client solutions.
- Proven intercultural competence, delight, and ability to work as a team player in multidisciplinary/international environments.
- High degree of commitment, flexibility, and willingness to travel.
- Business-fluent (written and spoken) Spanish and English.
- Excellent knowledge and practice of Munich Re's underwriting tools (FAB, MR-ET, FPP, Risk Mapper, PowerLink) and other modelling tools.
- Company Bonus (Group Financial Performance Dependant)
- Health & Life Insurance
- Company Pension Program
- 20 days annual leave plus additional wellness days
- Hybrid working
- Training & Development Programs
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