Munich Re Latam Training Program in Facultative

Are you ready to take your career to the next level and immerse yourself in the world of reinsurance?Munich Re is one of the world’s largest reinsurers providing solutions for complex risks to 40 million clients in over 30 countries. and right now we´re about to launch our unique two-year development program for young professionals from the engineering industry to become a qualified facultative underwriter, in an engineering or property reinsurance line of business.

The goal of the program is to recruit and train young industry talents in our region with the intention to afterwards join one of Munich Re´s offices across the globe.

**The Role
Build on your recent work experience jumping straight into action in one of our Bogota or Mexican based underwriting units. Support development on the job, this program emphasizes action, where your responsibilities and challenges will increase as you grow.

With your peers in this program you will form a small community and benefit from experience sharing, joint training courses and networking opportunities. At Munich Re you are part of a global network of experts for countless different disciplines.

As a facultative reinsurance underwriter, your activities range from analyzing business cases to creating valuable solutions for and with clients.

You will report to the Head of Technical Services in México and can be located in **Mexico City **or **Bogotá.
**Your job:
- Develop excellence in all underwriting related tasks, including i.e. risk assessment, negotiation and administration
- Assess and underwrite different engineering and/or property single risks (facultative) business within the Latam region
- Contribute to negotiations with customers and reinsurance brokers and orchestrating team members and decision makers, with a clear focus on understanding clients’ needs to find solutions and underwrite profitable facultative business Close co-operation with and support of other Mission Teams (i.e. Client Management and Treaty UW teams) to safeguard a holistic client approach and Mission Team excellence

**Your profile:
- Engineering degree: An electrical or civil engineering degree is appreciated, however, engineering bachelors, like industrial, mechanical, IT or equivalent are possible too
- Initial work experience of 3+ years, ideally in Power Utilities, Civil Works or related engineering business fields
- Previous experience in the (re)insurance market is not required
- Flexibility and willingness to pursue a career within Munich Re internationally (globally) after the 2-year program are a must
- Skills
- Strong analytical skills and high attention to detail
- Strong interpersonal and communication skills and willingness to learn
- High level of commitment, solution-oriented and “can do” attitude Fluent in Spanish (written and spoken) and fluent business English (written and spoken) are a must
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**Our Benefits:
- Company Bonus (Group Financial Performance Dependant)
- Health &Life Insurance
- Company Pension Program
- 20 days annual leave plus additional wellness days
- Hybrid working
- Career Mobility

Si tienes sólida experiência profesional como ingeniero e interés en vincularte al mundo del reaseguro, esta es tu oportunidad Recibirás la capacitación necesaria y aprenderás trabajando con Underwriters experimentados durante 2 años, en Bogotá o México D.F. Luego de este periodo, podrás unirte como Underwriter a uno de los equipos de MR en Alemania o en otro lugar del mundo. De esta forma podrás aplicar tus conocimientos y experiência en ingeniería, ahora desde la suscripción facultativa.