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Corporate Underwriting Specialist - Casualty

Location Munich, Germany Date posted 09/26/2025 Job type Full-Time Work mode Hybrid Job level Professional Job ID 9568 Company Munich Re Specialty - North America Employment type Regular Area of expertise Operations & Product Management
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The Company is open to considering candidates in numerous locations, including New York, Princeton, Philadelphia, and San Francisco.

We are 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.

The Company

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.

The Opportunity

Future focused and always one step ahead!

The Casualty Corporate Underwriting team is responsible for designing and executing on our strategic goals for all liability lines of business across MRS-NA, prioritizing the actions that ensure delivery of our target results. As a Corporate Underwriting Specialist, you will work across all our casualty lines of business, with an emphasis on liability products (GL, Auto, Professional, Management, Excess)  to set strategic goals for our business partners, creating tools that enable success and measure performance. You will partner with the casualty leadership across the organization to drive business growth, improve underwriting discipline and develop innovative products.

Responsibilities

  • Develop and implement underwriting guidelines and strategies across all business units
  • Manage referrals for complex transactions and determine underwriter letters of authority
  • Provide expert technical advice on coverage forms, exclusions, and exposure
  • Monitor frameworks for underwriting decisions and develop necessary underwriting actions
  • Identify product and service enhancements and collaborate with cross-functional teams to develop and deploy, including form language, actuarial models, etc.
  • Monitor performance and adjust appetite, capabilities, and strategy to ensure consistent profit

Qualifications

  • 7+ years of insurance or reinsurance experience
  • Thrives in ambiguous and undefined environment with the ability to build process and structure to drive results forward
  • In-depth knowledge of professional and management liability lines of business, including policy wording and structure, legal and regulatory issues, and underwriting process
  • Strong analytical skills with the ability to understand data trends and insights, but also when to drive through intuition
  • Excellent communication with the ability to simplify complex technical problems into straightforward action plans
  • Leverages expertise to build trust and buy in to underwriting strategies across all levels of the organization
  • Willingness to travel 10%-15%

The Company is open to considering candidates in numerous locations, including New York, Princeton, Philadelphia, and San Francisco. The salary range posted below reflects market variations across various locations. This role is designated for either New York, Princeton, Philadelphia, or San Francisco and reflects multiple geographies. The offer will be adjusted per geography.

The base salary range anticipated for this position is $141,800-$226,100, 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 is adjusted to reflect the varying market conditions across different locations, with the with the higher end being more aligned with the NYC and San Francisco job markets.  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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Your Benefits

With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.

Competitive Salary

We provide fair and competitive compensation that reflects your performance and commitment.

Company performance-based Incentives

In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.

Recognition and Special Rewards

We recognise outstanding individual contributions through a variety of targeted rewards and incentives.

Retirement Planning

We support your long-term financial wellbeing with retirement solutions aligned with local regulations.

Inclusive Workplace Culture

We foster a respectful, inclusive, and values-driven environment.

Learning & Development

We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.

Work-Life-Balance

Supporting your ability to balance family, leisure, and your career.

Health & Wellbeing

We support your physical and mental health through a range of programs and activities in each location.

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