Munich Re is the leading reinsurer in the Australasian Non-Life market and offers treaty and facultative reinsurance support for all the main classes of business including Property, Liability, Motor and Cyber.

The ambition of our Non-Life team is in positioning Munich Re as the premium discussion partner for our clients through the provision of and access to an extensive depth of local and global knowledge. The Non-Life team strives for being recognised as an innovative solution and large capacity provider by offering tailor-made reinsurance products that support our clients in managing their capital as well as newly emerging risks.

The Casualty & Cyber Treaty Underwriting team specialises in the technical risk-assessment and monitoring of long-tail and cyber lines of business of our reinsurance clients.

Providing technical support complementing our client management services, maintaining portfolio quality and execution of the team's underwriting objectives form part of our key activities.

The team is part of Non-Life Team based in Sydney and works in close collaboration with other local business units. We are also part of Munich Re's worldwide UW community giving you access to underwriting experts globally.

Your Role

• Apply strong technical skills and underwriting knowledge of the exposed risks and implementing the most appropriate approach for risk assessment and pricing
• Responsible for underwriting activities across the whole end to end process
• Strengthen existing client relationships and develop new ones to achieve expected growth and profit contribution in conjunction with the Client Management team
• Support new business opportunities by understanding the client's needs and translating the risk into value
• Support new product innovation and enhancement both within the MR Group and with the client base
• Identify market weaknesses and take action to provide solutions
• Ensure data quality in underwriting platforms of allocated accounts to enable adequate reporting and monitoring activities
• Contribute to continuous improvement of the team's underwriting approach.
• Perform internal controls effectively, efficiently and economically
• Develop and maintain market profile and visibility

Your Profile

• Experience at underwriter level in reinsurance, demonstrating good understanding of the risk exposure and appropriate methodology to assess the exposure. 3-5 years of experience as a Casualty Treaty Underwriter is preferred.
• In the absence of Casualty Treaty RI-UW experience: Minimum 3-5 years' experience in Primary market underwriting focusing on corporate, or commercial general liability or professional liability risks, plus strong foundations in RI treaty structures and pricing methodologies.
• Strong analytical skill set.
• Good interpersonal and effective organisational skills.
• ANZIIF membership (preferred) or equivalent.
• Tertiary qualification in legal studies (preferred) or equivalent.

We see DEI as a business imperative, helping us to attract, grow and inspire a diverse, inclusive, and equitable workforce that better enable us to serve our customers, investors, and communities. Globally, we strive to build balanced teams across all aspects of difference. If you are interested in the role and believe you could contribute, we encourage you to apply even if your experience doesn't perfectly match every qualification.