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Head of Casualty Facultative US

Location Munich, Germany Date posted 09/26/2025 Job type Full-Time Work mode Hybrid Job level Management & Leadership Job ID 9713 Company Munich Re America Employment type Regular Area of expertise Claims & Underwriting
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We will consider candidates in New York City, NY, Princeton, NJ and Chicago, IL

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!

Reporting to the Head of Munich Re F&C North America, your primary responsibility will be to achieve target North America results for cedants and brokers by leading the Casualty Fac US team to be the reinsurer of choice for brokers and clients based on our financial strength, underwriting capabilities and client/market focus.

Responsibilities

  • Implement F&C strategic plans to identify opportunities to expand the portfolio and risk appetite and leveraging underwriting expertise and data to drive optimal risk selection, differentiated capacity and increased efficiencies.
  • Monitor Portfolio Performance and Market Cycle, in conjunction with the F&C Analytics Team, and steer the portfolio accordingly.
  • Manage the underwriting process to ensure efficiency as well as underwriting and pricing integrity of the portfolio.
  • Ensure underwriting practices are consistent with MR Group, MRF&C and US local guidelines, Best Practices and underwriting strategies. 
  • Identify deficiencies in underwriting, implement corrective actions and provide guidance/training for the development of underwriters.
  • Delegate underwriting authority to staff, ensure underwriters have a clear understanding of underwriting and pricing guidelines and are proficient in the use of all applicable underwriting and pricing tools.
  • Provide insight into the quantitative and qualitative analyses of results for the Casualty Fac Portfolio, in conjunction with F&C Operations, Reserving and FMR.
  • Take the lead in creating solutions and resolving problems involving other functional units such as Business Development, Underwriting Support, Pricing, and GC/NA.

Qualifications

  • 10 + years of experience in (re)insurance underwriting or broker community.
  • Bachelor’s Degree preferred, advanced degree a plus
  • Demonstrated superior leadership and management skills
  • Ability to think strategically and function tactically
  • Underwriting expert level knowledge of applicable Casualty Lines of Business
  • Ability to develop and execute plans and to provide strategic direction to the development and achievement of unit goals
  • Exceptional communication skills that energize and engage clients and colleagues, with the ability to convey a vision and client-focused solutions
  • High level of actuarial understanding and demonstrated competency using pricing tools
  • High level of (re)insurance contract (terminology) understanding
  • In-depth knowledge of the US insurance and reinsurance markets. 
  • Ability to explain complex transaction structures to both technical and non-technical audiences;
  • Tech savviness and a willingness to experiment with and learn new technologies
  • Willingness to travel up to 30%

The Company is open to considering candidates in numerous locations, including New York City (NY), Princeton (NJ) and Chicago (IL).The salary range posted below reflects market variations across various locations. The offer will be adjusted per geography.

The base salary range anticipated for this position is $265,500 - $442,500, 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 New York City job market. 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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