At Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptablestrategy, superior products and industry leaders working in a supportive environment to achieve this. At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals. We are looking for an Underwriter to work full time (hybrid working of 2-3 days) in our Dublin, Ireland office toachieve and maintain a profitable, well balanced and growing portfolio with allocated intermediaries and customers to assist in meeting long term trading objectives of the Company. Responsibilities Working within your team, occasionally visiting intermediaries/customers, undertaking end-to-end handling of straight forward cases for the allocated portfolio to deliver the agreed joint business development plans in line with the Company’s overall trading strategy. Making effective on site decisions, within delegated authority, for intermediaries so that work is completed efficiently. Working with the Underwriting team, developing strong relationships with intermediaries, balancing intermediary needs with the Company’s trading objectives in a way that will deliver profitable and balanced trading growth. Planning and processing own work in a way that will assist the team to meet its customer service targets including credit control targets. Working with the Distribution Team to assist in maintaining accurate records for intermediaries to allow effective communication and interrogation for Marketing Initiatives. Identifying, defining and closing business opportunities, seeking the input of other members of staff where appropriate, to ensure that business proposals are dealt with swiftly and effectively, securing business for the Company. Acting as a reference point on issues within your authority level for the intermediaries, so that a high level of customer service is delivered. Referring issues to more senior Underwriters when relevant. Assisting in maintaining a balanced and high quality portfolio, optimising the use of information gathered. Undertaking other duties as directed within the level of the job function. Helping to drive forward good Conduct for the business to deliver the best outcomes for customers / policyholders. Understanding all appropriate lines of escalation and the responsibilities of the Product Conduct Risk Strategy Group (PCRSG), Underwriting & Claims Sub Committee (UCSC) , ExCo and Board for Conduct Risk. Knowledge and Skills Build and maintain strong internal relationships with other Underwriting team members, the Claims Department, the Sales and Development Team, the Syndicate and the Directors. Externally, build and maintain strong relationships with a range of contacts within the allocated intermediaries and customers. If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for! Diversity, Equity & Inclusion At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed. All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact. Learning and innovating today, striving for sustainable societies and business tomorrow At Munich Re Specialty – Global Markets our approach to ESG is underpinned by our desire to seize business opportunities and to nurture a stimulating and inclusive work environment. Our ESG strategy aims to deliver holistic impacts across environmental, social and governance topics including supporting a number of local initiatives within our community and offering volunteering opportunities for colleagues. 25 days Annual Leave + bank holidays 10% Non-contributory Pension Eligibility for an Annual Bonus Private Medical + Dental Insurance Critical illness insurance + Life Assurance + Permanent Health Insurance Wellbeing and Development Scheme + EAP + Health Assessments (subject to scheme eligibility) Electric Vehicle Salary Sacrifice Scheme Study & continuing Professional Development Support #J-18808-Ljbffr
At Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, supported by an effective and adaptable strategy, superior products, and industry leaders working in a supportive environment to achieve this. At the heart of our success is a strong culture where people are encouraged to be present, bold, and curious, enabling them to achieve their individual goals. We are seeking a full-time Underwriter (hybrid work of 2-3 days) in our Dublin, Ireland office to manage a profitable, well-balanced, and growing portfolio with allocated intermediaries and customers, helping meet the company's long-term trading objectives. Responsibilities Handle end-to-end straightforward cases within your team, visiting intermediaries/customers as needed, to deliver business development plans aligned with the company's trading strategy. Make effective on-site decisions within your delegated authority to ensure efficient work completion. Develop strong relationships with intermediaries, balancing their needs with the company's trading goals to foster profitable growth. Plan and organize your work to meet customer service and credit control targets. Maintain accurate records for intermediaries in collaboration with the Distribution Team to facilitate effective communication and marketing initiatives. Identify, define, and close business opportunities, consulting with team members to ensure swift and effective business proposals. Serve as a reference point on issues within your authority level, providing high customer service and referring complex issues to senior Underwriters. Assist in maintaining a balanced, high-quality portfolio by utilizing gathered information effectively. Perform other duties as directed within your role's scope. Promote good conduct to deliver optimal outcomes for customers and policyholders. Understand escalation procedures and responsibilities related to the Product Conduct Risk Strategy Group, Underwriting & Claims Subcommittee, ExCo, and the Board regarding Conduct Risk. Knowledge and Skills Build and maintain strong internal relationships with underwriting, claims, sales, development teams, syndicates, and directors. Develop and sustain external relationships with contacts within intermediaries and customers. We encourage candidates who are excited about this role but may not meet every requirement to apply, as you could still be the ideal candidate! Diversity, Equity & Inclusion At Munich Re, DEI fosters innovation and resilience, enabling us to act bravely and effectively. We aim to build a diverse workforce across various dimensions, including race, ethnicity, gender, sexual orientation, background, abilities, age, and beliefs, and to create an inclusive environment where everyone has equitable opportunities to succeed. Candidates can request reasonable adjustments during the recruitment process by contacting their Talent Acquisition representative. Our ESG approach emphasizes seizing business opportunities and fostering an inclusive workplace, supporting community initiatives and volunteering opportunities. 25 days of annual leave plus bank holidays 10% non-contributory pension Eligibility for an annual bonus Private medical and dental insurance Critical illness, life assurance, and permanent health insurance Wellbeing and development schemes, EAP, and health assessments (subject to eligibility) Electric vehicle salary sacrifice scheme Support for ongoing professional development #J-18808-Ljbffr
About us At Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinnedby an effective and adaptablestrategy,superior products and industry leaders working in a supportive environmentto achieve this. At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals. Managing Director, MRS-Global Markets, Ireland Overall responsibility for growing MRS-GM’s presence in the Irish market Ensure that MRS-GM employs effective underwriting and distribution teams that support and comply with the business plan for Ireland and that Line of Business are profitably underwritten To generate maximum return on investment for MRS-GM while maintaining our reputation and integrity, demonstrating care for clients and respect for our regulatory obligations Responsibility General Responsibility In close collaboration with the CEO MRS-GM Europe and other Senior Management, create and execute a comprehensive, scalable and sustainable strategy for the Irish market, growing the business to EUR ~50m in 5 years (from today’s ca. EUR 15m) Further strengthen existing and explore new relationships with global, regional and local brokers to drive business inflow Further develop and grow our “boots on the ground” – develop the existing local team and build further underwriting and distribution bench-strength as required Further develop and refine the existing operating model in terms of scalability and efficiency, in line with our wider European setup Proactively engage with all stakeholders internationally and in Munich to ensure that all UW and business best practices are known and applied Leadership: Embodying the brand of MRS-GM, be the face and voice of business in Ireland Recruit, lead and motivate staff to execute our Irish business strategy Support staff development by objective-setting via a continuous conversations approach. Co-ordinate and manage underwriting and distribution teams to achieve business objectives and targets, ensuring that they fulfil operational and regulatory requirements As part of our European setup, ensure knowledge-sharing and industry best practice to further develop our underwriting capabilities and the knowledge of our staff Further strengthen existing and explore new relationships with global, regional and local brokers, key clients and Great Lakes to secure new and renewal business Conduct and develop effective relationships with local and regional market peers, to keep abreast of market developments that may affect our business effectiveness; Produce management reports on a regular basis Ensure that company procedures and systems are followed and maintained, as per procedures and compliance manuals; Conduct peer review, ensuring compliance with the business plan and adherence to authority limits. Help drive good conduct for the business to deliver the best outcomes for clients. Skills & Experiences Required Extensive, proven experience as a successful business leader in the primary insurance industry, with a sustained record of business development execution, in particular of delivering results internally and value to clients. An influential business leader, well-connected and highly regarded within the Irish insurance market with an existing portfolio of strong broker relationships. Demonstrate knowledge and skills within a regulated financial services business to become the approved person in the role. Entrepreneurial, can-do attitude, naturally curious about “what’s next” Strong market awareness, implementing innovative changes that impact our business positively Ability to develop and articulate strategic plans to gain and maintain market share, and to inspire teams to achieve ambitious goals. Ability to gain credibility with senior individuals, through technical and business leadership combined with professional integrity, both within and outside of the company. A multicultural and international mindset with excellent people, change and conflict management skills, and strong emotional intelligence - this person will be the “glue” that holds the Irish operation together (and be the face of it) Solution-oriented and commercial – “how can we make this work” rather than “I have to follow procedure” Ability to consistently exercise sound judgment and solve complex problems through a combination of analysis, wisdom, judgment, and experience. Fluent in English, written and spoken – other European languages are a plus University Degree and/or relevant professional qualification Diversity, Equity & Inclusion At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed. All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact. Learning and innovating today, striving for sustainable societies and business tomorrow At Munich Re Specialty – Global Markets our approach to ESG is underpinned by our desire to seize business opportunities and to nurture a stimulating and inclusive work environment. Our ESG strategy aims to deliver holistic impacts across environmental, social and governance topics including supporting a number of local initiatives within our community and offering volunteering opportunities for colleagues. #J-18808-Ljbffr
