Sr Underwriting Excellence Specialist

Munich Re Group • Hartford, CT

90d

About The Position

Accountable for ensuring approved underwriting strategies and protocols are effectively implemented across the enterprise. Researches, develops, maintains, and communicates underwriting standards, methods, processes, and best practices, at the highest level of complexity for underwriters, product managers and underwriting management for all products and distribution methods globally. This includes Transactional, Portfolio, Strategic Products, Portfolio Risk Solutions, Custom Risk Solutions, HSB Canada and UK. Responsible and accountable for the execution of the underwriting discipline and ensuring underwriting staff globally are aware of current issues and their impacts. Ensures compliance with guidelines. Monitor product underwriting performance and market, legal, technological & environmental issues and trends and provide underwriting expertise to drive product enhancements and adjustments to guarantee profitable underwriting. Supports the Product Underwriting Leaders and may assume responsibility as product underwriting leads for certain products. Consults and collaborates with Munich corporate underwriting and other HSB departments on issues impacting underwriting and recommends actions and adjustments. Leads and/or participates in Focused Underwriting Reviews to identify the degree to which underwriting strategy and standards have been implemented and executed.

Requirements

• Bachelor's Degree Required in Insurance, Business Administration, Economics, Computer Science, Engineering or related field or equivalent work experience.
• An advanced degree (Masters/MBA) or Insurance accreditation (CPCU) is desirable.
• 7+ years experience in underwriting, or underwriting support, within the insurance industry or other relevant insurance experience.
• Project management experience within complex organizations preferred.

Nice To Haves

• Strong understanding of commercial and personal lines insurance and reinsurance coverage, concepts, principles, exposures and processes.
• Knowledge of property, equipment breakdown, cyber, identity theft and inland marine products & engineering services.
• Action oriented with strong analytical, innovation and persuasion skills.
• Naturally curious and inquisitive to identify issues and solve problems.
• Familiarity with data driven decision making.
• Strong project management skills to manage multiple concurrent projects and issues.
• Strong interpersonal, written and verbal communication skills.

Responsibilities

• Ensure approved underwriting strategies and protocols are effectively implemented across the enterprise.
• Research, develop, maintain, and communicate underwriting standards, methods, processes, and best practices.
• Monitor product underwriting performance and market, legal, technological & environmental issues and trends.
• Provide underwriting expertise to drive product enhancements and adjustments.
• Support the Product Underwriting Leaders and assume responsibility as product underwriting leads for certain products.
• Consult and collaborate with Munich corporate underwriting and other HSB departments.
• Lead and/or participate in Focused Underwriting Reviews.

What This Job Offers

• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree