Engineering Underwriter Facultative

**Engineering Underwriter Facultative & Corporate (M/F/d)**:
For Munich RE Representative Office in Colombia (MR Bogota) - LA South

**Location**
Bogotá, Colombia

Munich Re 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 the facultative business. Our 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.

We are looking for an Engineering Single Risk Underwriter (M/F/d) focused on operational risks (Power Gen, Civil Engineering Completed Risks and Contractors Plant and Machinery) and project business (CAR, EAR, IDI) to join our team.

Your job
- Pro-active enhancement and expansion of business relationships in direct contact with cedants and brokers with a clear focus on 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 UW team and management on strategy implementation, underwriting quality assurance and business development, living up to standards of four-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 innovative approach (products, solutions).
- Supporting seminars, workshops for clients on local and regional basis.
- Actively contribute to ensure opinion leadership within the engineering re/insurance community in the region.
- Taking on special projects / initiatives, e.g.: within multidisciplinary working groups and projects on local and regional scale.

**Profile**:

- Bs. Engineering degree (mechanical, electrical, industrial, civil) or equivalent.
- Single risk engineering underwriting experience. Property underwriting experience is a plus.
- Sound knowledge of reinsurance in property/engineering lines of business.
- Experience / Knowledge in digital solutions / UW platforms is of advantage.
- Experience in specific field of engineering practice desirable e. g.: power utilities or civil works.
- Practical experience in risk management / risk inspections either on operational power plants and / or construction works is of advantage (Loss Control Engineering).
- Experience / Knowledge in dealing with LA - South American markets.
- 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.

About us

At Munich RE...
- You will work in an environment where we think big: Change and culture are continuously role-modeled. We create and articulate a compelling and ambitious shared purpose, vision and direction. We pave the way towards success and see failure as a learning
- You are going to experience that we care & dare: We are empathetic. We know when to lead and know when to let others lead. We attract, grow and coach future leaders
- We communicate in a clear & authentic way: We interact with a positive and humble spirit. We solicit feedback, ask and listen, learn and unlearn
- You will grow with your clients: Whatever our role, we support business, in an efficient and effective way, to create value for our clients. We embrace new ways of working leveraging digitalization to deliver solutions
- We lead the We: We have a passion for winning and growing as a team. We inspire people to be capable of joint performance. We create an inclusive environment where different thoughts, generations, cultures, and experiences are valued and encouraged

**Margaret Aragón Meier**
**HR Consultant**