Head of Construction Underwriting, Germany

Head of Construction Underwriting, Germany

Join to apply for the Head of Construction Underwriting, Germany role at Munich Re Specialty - Global Markets, UK.

About Munich Re Specialty – Global Markets (MRS-GM): Munich Re Specialty was formed as a stand-alone division in 2023 and brings together the wider Munich Re group’s primary specialty business units. Our ambition is to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this. We value a strong culture where people are present, bold and curious, enabling individual growth. For more information, please see our website.

Responsibilities

• Direct and manage overall technical underwriting for Construction activities for MRSGM in Germany while ensuring a high level of technical proficiency in all areas.
• Responsible for product development together with the Head of Underwriting Germany, Product CUOs and Product Heads to deliver new product rates, rules and policy forms and to maintain existing product rates, rules and policy forms.
• In close collaboration with the Head of Underwriting Germany and Product CUOs, manage the Construction portfolio in Germany to achieve the business mix and performance goals as established by the Group Head of Engineering.
• Maintain and execute the Construction underwriting authority delegation and referral processes in Germany.
• Monitor insurance market trends and developments in Germany in order to adjust underwriting policy and strategy.
• Coach and lead a high-performance Construction underwriting team and contribute to attraction, recruitment and retention of required talents.
• Develop effective relationships with insureds and brokers to strengthen trading relationships and secure new business within the underwriting plan.

Knowledge and Skills

• Demonstrated ability in an executive leadership position, ideally as Head of Construction UW
• In-depth knowledge of exposure and experience rating processes
• Excellent people skills, including stakeholder management
• Integrity, credibility, and commitment to the corporate mission
• Strong negotiation skills
• Excellent communication (written, verbal and presentation), interpersonal and networking skills
• Strategic and forward-thinking with a proven track record in general business management, planning and forecasting
• German and English language proficiency
• Extensive primary insurance underwriting experience
• People management experience
• University degree and/or relevant professional qualification

Diversity, Equity & Inclusion

Munich Re is committed to diversity, equity and inclusion to foster innovation and resilience. We aim to build a diverse workforce and provide equitable opportunities to succeed for all candidates. All candidates can request a reasonable adjustment at any point in the recruitment process by speaking to the Talent Acquisition contact.

Learn more about sustainability and our ESG approach at Munich Re – Global Markets. #BePresent #BeBold #BeCurious

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Finance
• Industries: Insurance

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