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Underwriting Analyst, Corporate Property

 

Location
Chicago , United States

 

Your job

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.

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.

With this opportunity, your primary responsibility will be to assist our MR F&C Corporate Property underwriters by providing the initial risk assessment support for new and renewal business. You will be responsible for delivering timely and accurate risk clearance, account setup, rating and policy issuance. You will assist in the transition to new systems including testing and training. Duties will include reviewing and handling submission requests: processing new and renewal business through the Company’s insurance and reinsurance systems; researching risks for prior coverage and losses; collecting and reconciling submission data and run rating and pricing models; entering quotes in quoting and rating systems and accurately updating insurance and reinsurance systems; completing all required aspects of policy, certificate, endorsement functions such as binding, issuance and service requirements. In this role you will communicate with brokers/agencies, customers and internal departments. .

In this position you will:

Your profile

Successful candidates will possess the following skills and capabilities:The ideal candidate:At Munich Re US, we see Diversity 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.

About us

Founded in 1917, Munich Reinsurance America, Inc. is one of the largest reinsurers in the United States. Munich Reinsurance America, Inc. has earned the A+ (Superior) financial strength rating from A.M. Best Company - that's among the highest in the industry. Over 1,000 employees serve our clients from our Princeton, New Jersey campus and regional offices throughout the United States.

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 you stay competitive - from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products.