Underwriter - Specialty Lines Expert
il y a 1 mois
Munich Re's Specialty business unit is seeking a highly motivated Underwriter to join our team in Paris. As a key member of our team, you will be responsible for underwriting large and complex financial and non-financial institutions in the French, Dutch, and Belgian markets.
Key Responsibilities- Develop and execute a strategy for the Specialty Lines business in Paris, focusing on financial and non-financial institutions.
- Underwrite a portfolio of large and complex risks, identifying opportunities for new business and new products.
- Lead the development of the London Financial & Executive Risks portfolio and provide expert guidance and steering for the Paris portfolio.
- Build strong relationships with brokers, clients, and other Munich Re business units to enhance the position of F&C within the group.
- Contribute to the technical development and knowledge within the Financial & Executive Risks team.
- Deep experience underwriting financial institutions lines of business and non-financial institution directors' and officers' liability.
- Strong technical competency in these product lines.
- Experience developing new or junior underwriters.
- Effective and flexible communication skills.
- Analytical approach and strategic decision-making abilities.
- Strong existing relationships with key broker houses, law firms, etc.
- Knowledge of the legal environment for the classes in the key jurisdictions.
- Understanding of policy wordings, including the ability to draft endorsements.
- Specialist French Market underwriting background.
- Strong existing client relationships.
- Established record of delivery of FI and D&O technical expertise and innovation.
- Positive approach and ability to be self-motivated.
- Ability to work individually and as part of a team.
- Open and flexible outlook towards change and a willingness to embrace it.
- Willingness to travel within the France/Benelux region and worldwide as required.
- Economic, insurance, legal, or finance background.
- Master 2 in Insurance or equivalent (or progress towards).
Munich Re values diversity and inclusion, and we are committed to creating a workplace where everyone feels valued and respected. As a leader, you will be expected to promote these values and create an inclusive culture within your team.
You will be responsible for driving the performance of your team to meet the business' strategic goals and objectives, while considering the impact on the wider business when planning and making decisions.
You will be part of the Senior Management Team and will be expected to contribute to the development of your team, embracing and promoting development and acting as a Talent Broker, continuously looking for opportunities for them to expand their skills, knowledge, and experience.
Regulatory & Conduct Requirements- Ensure compliance with Insurance Distribution Directive.
- Ensure compliance with Munich Re's Code of Conduct and the FCA Conduct Rules.
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