Underwriting Manager

Munich Re Group•San Francisco, CA

About The Position

Welcome to Munich Re Specialty - North America, a leading specialty insurance provider dedicated to delivering exceptional underwriting, claims, and risk management expertise to our partners and customers. As a trusted industry expert, we offer a broad range of comprehensive and customized solutions, including casualty, professional lines, property, surety, and public entity coverages. With the financial strength and global resources of our A+ Superior (A.M. Best) rated organization, we provide unmatched stability and reliability. Our team is committed to superior service levels, a distinctive approach to specialty solutions, and a deep understanding of the complex risks our clients face. Join our team and be part of a dynamic and experienced organization that is shaping the future of specialty insurance in North America. Future focused and always one step ahead! In this role as an Underwriting Manager for E&S Casualty, you will oversee a dynamic underwriting team, drive distribution initiatives, and shape our underwriting appetite for excess and surplus lines business. You'll combine leadership with hands-on underwriting expertise to cultivate broker relationships, execute production strategies, and deliver profitable results. If you're passionate about strategic portfolio management, fostering collaboration, and representing a global brand in the marketplace, this is your opportunity to make an impact..

Requirements

Excellent underwriting, marketing, and analytical skills that have been developed in 10+ years of experience
Strong ability to lead, manage and effectively influence peers.
Advanced working knowledge of GL products and insurance concepts, UW processes and procedures, laws and regulations, terminology, concepts and principles related to strategic planning, and other relevant industry trends
Successful track record of developing and maintaining strong relationships with retail and wholesale brokers
Tech savviness and a willingness to experiment with and learn new technologies
Ability to think strategically and function tactically • Exceptional communication skills that energize and engage brokers, clients and colleagues and the ability to convey a vision and client-focused solutions
Ability to present and negotiate complex agreements with brokers
Effective time management and organizational skills
Willingness to travel 20%-30%

Responsibilities

Lead, motivate, and coordinate an Underwriting Team
Drive the distribution strategy by cultivating new and existing broker relationships that includes development and execution of production strategies and business plans to implement and maximize growth objectives and rate goals.
Develop and execute the Underwriting strategy and appetite
Measure and optimize portfolio progress by reviewing and analyzing underwriting data and monitoring industry best practices to identify opportunities for continuous improvement
Underwrite, market, quote, bind and retain a profitable book of excess and surplus lines and admitted business that meets profitability and growth targets. Operate within granted authority and make referrals to underwriting leadership as appropriate.
Development and execution of production strategies and business plans to implement and maximize growth objectives and rate goals. Coordination with other Munich Re business units is expected and encouraged to offer the best holistic solutions to our clients.
Measure and optimize portfolio progress by reviewing and analyzing underwriting data and monitoring industry best practices to identify opportunities for continuous improvement.
Cultivate and maintain professional wholesale and retail broker relationships.
Assistance in day-to-day operations and projects as assigned which could have client, business group, divisional and corporate impact.
Represent the Munich Re brand and Munich Re Specialty Insurance at client events, seminars, meetings, etc.
Maintaining Underwriting governance across the team

Benefits

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.
Additional insurance coverages provided at no cost to you, such as 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.