Team Lead Corporate Engineering & Energy

Munich Re•Brisbane, CA

14d•$226,900 - $305,000•Hybrid

About The Position

We’re adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients. We will consider a range of experience for this role and the offer will be commensurate with that. As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help our clients stay competitive – from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products. Munich Re Facultative and Corporate (MR F&C) was created to bundle Munich Re’s facultative and corporate business into one global unit. We believe that by aligning our single risk business in one unified team we will better position Munich Re to provide a holistic suite of products and services that meet the growing demands of our clients and broker partners. Future focused and always one step ahead! Manage a team of MR F&C U.S. Corporate Engineering & Energy underwriters. The Team Lead will be responsible for overseeing a set of multidisciplinary underwriters with a focus on operational power & energy property insurance and construction.

Requirements

10+ years of experience in (re)insurance, broker community and / or corporate risk market.
7+ years of underwriting experience preferred.
Bachelor’s Degree preferred advanced degree a plus. Professional designations desirable.
Demonstrate executive presence, instilling trust at all levels internally, and with client and broker partnerships
Demonstrated superior negotiation skills, facilitating and managing the complexities and challenges associated with sourcing business.
Excellent written and oral communication skills. Able to adjust communication style to audience at all levels internally or externally. Outstanding presentation skills, able to speak at professional seminars, panels or workshops.
Demonstrate advanced proficiency in the use of pricing models and other risk evaluation models. Strategic decision making based on data interpretation beyond models.
Leverage staff data and analytics expertise to drive profitable underwriting results.
Manage the peer review process. Ensure plans are developed and executed as a result of the review process. Involved where necessary for more complex reviews.
Ability to travel nationally and internationally (Up to 30%).

Responsibilities

Manage the underwriting process to ensure efficiency as well as portfolio underwriting & pricing integrity.
Uphold underwriting practices consistent with all MR Group and F&C delegated authority and local guidelines, Mandate, Best Practices and underwriting strategies.
Assist the Head of U.S. Corporate Engineering & Energy with portfolio management by and demonstrate an agility to adjust according to external market forces.
Thought leadership in business segment through representation at market and client events.
Negotiate and conclude the offers, terms of contract with Brokers/Clients and, when necessary and feasible, submit counter proposals.
Develop financial and non-financial goals and objectives for individual underwriters consistent with Group and F&C strategic objectives
Develop and mentor underwriters and support the development of talent across the MR Group.
Embrace and lead the Continuous Conversations model of performance and development enablement
Assist with talent acquisition and retention initiatives, employing diversity and inclusion to build diverse, high performing teams

Benefits

health insurance coverage
an employee wellness program
life and disability insurance
401k match
retirement savings plan
paid holidays
paid time off (PTO)
Two options for your health insurance plan (PPO or High Deductible).
Prescription drug coverage (included in your health insurance plan).
Vision and dental insurance plans.
basic life insurance equal to 1x annual salary and AD&D coverage that is equal to 1x annual salary.
Short and Long Term Disability coverage.
Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes Spouse/domestic partner and children).
Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity).
A robust 401k plan with up to a 5% employer match
A retirement savings plan that is 100% company funded.
Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries.
Eligibility to receive a yearly bonus as a Munich Re employee.
A variety of health and wellness programs provided at no cost.
Paid time off for eligible family care needs.
Tuition assistance and educational achievement bonuses.
A corporate matching gifts program that further enhances your charitable donation.
Paid time off to volunteer in your community.