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Chief Underwriter Germany & Austria (m/f/d)*

Location Munich, Germany Job type Full-Time Work mode Hybrid Job level Professional Job ID 14180 Company Munich Re Employment type Regular Area of expertise Claims & Underwriting
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About the role

We are looking for a recognized underwriting leader who will shape the future of underwriting in Germany and Austria while serving as Munich Re's leading underwriting voice in these markets. 

In this highly visible and strategically important role, you will represent Munich Re as a trusted advisor to clients and senior stakeholders across the German and Austrian insurance markets. You will combine profound medical underwriting expertise with strategic thinking, market insight and a passion for innovation to shape underwriting practices, drive digital transformation and create measurable value for our clients and Munich Re. 

As a senior member of our underwriting community, you will play a key role in realizing our ambition of being a proactive, market-shaping and high performing underwriting team, taking ownership for client outcomes, business opportunities and the future development of medical underwriting. 

Your Job

  • Serve as Munich Re's Chief Underwriter for Germany & Austria and act as the leading underwriting voice in these strategically important markets. 
  • Build trusted relationships with senior decision-makers at key clients and represent Munich Re at industry forums, conferences and market initiatives. 
  • Independently decide on complex underwriting and risk management matters and provide expert guidance on highly complex cases and underwriting questions. 
  • Define and decide on market-specific underwriting philosophies, medical and non-medical underwriting guidelines, and best-practice standards. 
  • Shape underwriting strategies, identify emerging market opportunities and proactively drive innovation in products, services, processes and digital underwriting solutions. 
  • Advise clients and internal stakeholders on complex underwriting, risk management and underwriting transformation topics. 
  • Own strategic initiatives and cross-functional projects that create measurable value for clients and Munich Re. 
  • Develop and inspire underwriters and consultants, fostering a culture of accountability, ownership, innovation and client-centricity. 

Your Profile

  • University degree or equivalent qualification. 
  • 10+ years of underwriting experience in Life & Health insurance and/or reinsurance, including deep expertise in Life and Disability underwriting. 
  • Recognized industry expert with extensive knowledge of the German insurance market and an established professional network. 
  • Proven leadership experience, including the successful development of high-performing teams. 
  • Demonstrated ability to manage senior stakeholders and build trusted relationships at senior management level. 
  • Strong track record in driving underwriting innovation, digital transformation and strategic change initiatives. 
  • Strategic thinker with strong commercial acumen, executive presence and excellent communication, presentation and negotiation skills. 
  • Passion for leveraging digital technologies, data analytics and AI to shape the future of underwriting. 
  • Excellent German and English language skills. 
  • Willingness to travel.

Why join us?

This role offers the opportunity to shape the future of underwriting in two of Munich Re's most important markets. You will influence industry developments, work closely with senior decision-makers and play a leading role in driving innovation, digitalization and underwriting excellence. As Chief Underwriter Germany & Austria, you will help position Munich Re as the preferred partner for underwriting expertise, thought leadership and future-oriented solutions. 

Application Instructions

Please apply through our online portal and upload your CV, as well as your academic reference letters, including school certificates, graduation certificates and transcripts of record for any degrees. If applicable, please also submit reference letters from any previous employers or certificates from any other qualifications you may have. We recommend writing a cover letter to tell us more about why the position and Munich Re is of interest to you.

About us

As the world's leading reinsurance company with more than 16,000 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 that will 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? Push boundaries with us and be part of Munich Re. 
Our employees are our greatest strength. That’s why we offer them a wide range of benefits. You can find some examples below. 

Unlock your potential

  • Diversity, Equity & Inclusion: we embrace the power of differences and are convinced that diversity fosters innovation and resilience and enables us to act braver and better.
  • Continuous Learning: we believe that continuous learning is a key differentiator and critical for building new skills and accelerating growth.
  • Career Mobility: we actively support career mobility, and our strong global and regional presence offers a wealth of career growth opportunities for you.

Rewards & Recognition

  • Competitive salary: appropriate compensation for your high level of commitment.
  • Retirement provision: state of the art in-house pension solutions.
  • Work-life balance: promoting the compatibility of family and work in addition to overall work-life balance.
  • Health management: focus on your physical and mental health far beyond legal requirements. 
  • Hybrid working: living the best of both worlds – we offer you a very flexible approach as well as the opportunity to work from abroad on an occasional basis.

* 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. 

Münchener Rückversicherungs-Gesellschaft
Lisa Rehn
Talent Acquisition Partner

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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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