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Underwriting Analyst #9389

Standort München, Deutschland Veröffentlichungsdatum 09/26/2025 Jobtyp Vollzeit Arbeitsmodus Hybrid Stellenlevel Berufserfahrene Job ID 9389 Unternehmen Munich Re America Beschäftigungsart Unbefristet Kompetenzbereich Schadenbearbeitung und Underwriting
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Underwriting Analyst
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.
The Company
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.
The Opportunity
Future focused and always one step ahead.
With this opportunity, your primary responsibility will be to provide support to MR F&C Facultative Casualty underwriters. Duties will include reviewing and handling submission requests: processing new and renewal business through the Company’s insurance and reinsurance systems; researching risks for prior coverage and losses; collecting and reconciling submission data and run rating and pricing models; entering quotes in quoting and rating systems and accurately updating insurance and reinsurance systems; completing all required aspects of policy, certificate, endorsement functions in financial systems. In this role you will communicate with brokers/agencies, customers and internal departments.    
The ideal candidate: 
• Has a proactive and passionate service approach with ability to take ownership and drive issues to resolution. 
• Is highly adaptive and able to work effectively in ambiguous and changing environments 
• Is able to work quickly and with minimal direct oversight 
• Demonstrates the ability to manage competing priorities within a team first, solutions oriented culture
Responsibilities
In this position you will: 
• Review and organize the submission or specification for new and renewal business and endorsements within the time standard and business hours set out by the department. 
• Provide internal processing and research support on complex submissions. 
• Provide Underwriters with reports and analysis as requested and with the support of internal resources as needed. 
• Review key data such as limits, deductibles, terms, and conditions for accurate input to global and local systems. 
• Clear submissions and incoming documents for single risk and facultative certificate in the appropriate systems. 
• Request information and follow up for any missing information using email, phone, and/or shared platforms as relevant. 
• Prepare submissions and process endorsements for the underwriting systems for rating purposes. 
• Set up folders electronically for submissions and all relevant documentation throughout the lifecycle of the covered period. 
• Perform quality control of system entries to ensure accurate financials and mitigate financial impacts; maximize the integrity, quality, and usability of information to minimize discrepancies encountered by local and global data consumers. 
• Work with Underwriters, internal departments, and clients to ensure all assumptions are properly included. 
• Run basic rating and pricing models. 
• Complete insurance single risk, reinsurance facultative certificate pricing and data analysis with minimal supervision. 
• Independently investigate and/or resolve claims and accounting issues with the support of internal resources for more complex issues. 
• Recommend process improvements, tool enhancements, testing of system and process changes. 
• Participate on global or local projects as assigned.
Qualifications
• College degree with emphasis on insurance, business, or accounting preferred. 
• 4+ years insurance or reinsurance company experience with emphasis on analytic and support functions in underwriting or accounting; or 2+ years’ experience as an Underwriting Analyst. 
• Working knowledge of pricing models, insurance policies and reinsurance contracts for casualty lines of business. 
• Basic knowledge of primary and/or reinsurance underwriting process and coverage. 
• Very good interpersonal, verbal, and written communication skills.  Actively listens to others to ensure understanding of issues. 
• Understanding of global and local systems, applications and reports; how the data flows through, how to read and interpret policies, binders and contracts. 
• Intermediate to expert level computer skills – Microsoft Excel, Word, PowerPoint, SharePoint, and Outlook 
• Ability to Travel – Princeton / New York 
The Company is open to considering candidates in numerous locations, reporting to our Princeton, NJ office. The salary range posted below applies to the Company’s Princeton location.
The base salary range anticipated for this position is $72,000 - $90,000 plus opportunity for company bonus based upon a percentage of eligible pay.  In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).  
The salary estimate displayed represents the typical salary range for candidates hired in this position in Princeton. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role. Most candidates will start in the bottom half of the range. 
At Munich Re, we see Diversity, Equity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.   
We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
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