Job Description

Location

Mumbai, India

Job type

Full-Time

Work mode

On-site

Job level

Professional

Job ID

10867

Company

Munich Re

Employment type

Regular

Area of expertise

Claims & Underwriting

The position is responsible for underwriting liability and cyber reinsurance business in line with the underwriting authorities and client strategies; manage the existing portfolio and develop new business opportunities for India.


Your Role:

Ensure high-quality technical underwriting Liability & Cyber treaty and facultative business, including premium calculation and stipulation of reinsurance terms & conditions in accordance with underwriting guidelines, internal rules, authorities, targets, and client strategies. Handle underwriting related tasks including filing, documentation, referral, renewal update and planning, etc Provide renewal underwriting support in other markets if needed Monitor market trends and performance; draw applicable insights of current & emerging risks Collaborate with Client Management on client relations, identifying and developing new business potential and new clients in Liability & Cyber Prepare, present, and deliver customized solutions to clients and prospects, advancing our product and service offerings through collaboration and knowledge exchange. Compile, implement and execute Liability &Cyber strategy, client and market strategies (in close collaboration with Client Management and Regional Underwriting teams) Participate in seminars, events, and conferences, act as a trusted market and thought leader in Liability & Cyber. Contribute to both internal and external knowledge exchange

Your Profile :

MBA (preferably in Insurance) or Associate member of Institute of Actuaries of India or UK or CA or CS or ICWAI or Fellow member of CII/CPCU or University degree in IT security or computer sciences, other technical degree or university degree, economics, law, or other, IT-security certifications, e.g. CISSP, or similar Minimum three years of relevant experience, preferably in liability & cyber line of products Knowledge of statistical modelling Knowledge of Excel application and Excel based tools Problem solving and solution-oriented skills (incl. understanding of numbers and data structuring) Good statistics/data warehouse and MS office applications knowledge Strong team player with own initiative combined with a willingness to assume responsibility Good interpersonal skills Eager to explore new topics and knowledge Excellent spoken and written business English essential

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.