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F&C Senior Engineering Underwriter (m/f/d*) - Munich RE Paris

Location Paris, France Job type Full-Time Work mode Hybrid Job level Professional Job ID 12746 Company Munich Re Employment type Regular Area of expertise Claims & Underwriting
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Ready to drive the profitability and strategic growth of complex Engineering risks across France and BeLux?

Munich Re’s Paris branch plays a key role within the Group’s European reinsurance platform, serving the French and BeLux markets through deep local expertise combined with global capabilities.

Within this framework, the Facultative & Corporate (F&C) team operates at the forefront of complex risk solutions, partnering closely with clients and brokers to deliver tailored, high‑quality facultative reinsurance across multiple lines of business.

Based in Paris and reporting to the Director, Facultative & Corporate France, this senior position offers the opportunity to actively contribute to the development, profitability and strategic direction of the Facultative Engineering portfolio.

You will work in a collaborative and international environment, underwriting complex Engineering risks — including Construction, Technical Risks, Decennial Liability (DO/IDI) and potentially OpPower / Property-related risks — while helping strengthen Munich Re’s leadership position in France and BeLux.

YOUR JOB

  • Actively underwriting and developing a profitable Facultative Engineering portfolio, aligned with Group profitability objectives.
  • Supporting the growth of ceded business within treaty structures (Special Acceptances).
  • Managing and further developing long-term client and broker relationships, while acquiring new Engineering business across France and BeLux.
  • Applying a consultative selling approach, leveraging Munich Re’s global expertise to support direct insurance topics, innovation initiatives and bespoke client solutions.
  • Negotiating terms and conditions with cedants, brokers and relevant distribution channels.
    • Ensuring high-quality underwriting, including:
    • Comprehensive risk analysis and assessment
    • Pricing and structuring of complex reinsurance solutions
  • Drafting of terms and conditions in line with underwriting guidelines, authorities and client strategies.
  • Monitoring portfolio risk and preparing reports and management information in accordance with Group standards.
  • Acting as a technical expert, contributing to knowledge transfer through seminars, working groups and cross-functional projects within Munich Re.
  • Conducting risk assessments and site visits, and issuing loss prevention recommendations when required.
  • Advising on claims handling, including coverage assessment and indemnity decisions.
  • Supporting the preparation and delivery of client seminars and technical workshops.
  • Contributing to client strategy definition, commercial planning and internal client team coordination.
  • Serving as an active interface with Commercial Management and other technical departments (e.g. treaty underwriting and Engineering teams based in Munich).

YOUR PROFILE

  • Degree from an Engineering school or equivalent, in scientific, legal or insurance-related disciplines; Civil Engineering knowledge is a strong asset.
  • 5–10 years of professional experience, ideally as an Underwriter within a leading insurance and/or reinsurance company.
  • Strong expertise in Decennial Liability (DO) and IDI; experience in CAR, EAR, CECR and OpPower is a plus.
  • Sound understanding of facultative reinsurance fundamentals.
  • Proven ability to analyse and leverage underwriting information to support informed risk decisions.
  • High level of autonomy, accountability, responsiveness and analytical rigor.
  • Strong team player with the ability to thrive in a multicultural, international environment.
  • Comfortable operating in a complex and fast-paced environment, with shifting priorities.
  • Fluency in French is expected, with a strong command of English required to collaborate effectively within Munich Re’s international network

About us


As the world's leading reinsurance company with more than 11,000 employees at over 50 locations, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into a manageable risk we enable fundamental change. Join us working on topics today to concern society tomorrow, whether that be climate change, major construction projects, medical risk assessment or even space travel. Together we embrace a culture where multiskilled teams dare to think big. We create the new and the different for our clients and cultivate innovation. Sounds like you? Join us at Munich Re and Push Boundaries. With us.


*Munich Re not only stands for fairness with regard to its clients; it is also an equal opportunities employer. Severely disabled candidates will also be prioritized, if equally qualified.
#LI-Hybrid

Please apply before the 26th of April, 2026.

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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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