Skip to main content
Get Job Alerts Saved Jobs View All Jobs

Property Treaty Underwriter Sr

Location New York, United States Job type Full-Time Work mode Hybrid Job level Professional Job ID 14435 Company Munich Re Employment type Regular Area of expertise Claims & Underwriting
Apply Now

Company: Munich Reinsurance America, Inc.

Position: Property Treaty Underwriter

Location: New York, New York, United States

Job Type: Full-Time

Salary Range: $196,500 to $196,500 per year

Duties: Evaluate the risk associated with property reinsurance applications and determine the  acceptance of such applications. Efficiently follow the underwriting process and adhere to internal policies/processes, underwriting and pricing integrity, and underwriting best practices. Develop and maintain a clear understanding of underwriting and pricing guidelines. Utilize underwriting, pricing, and portfolio analytics tools to quantitatively assess property reinsurance submissions and support pricing and capacity decisions. Provide insight into the quantitative and qualitative analyses of property reinsurance portfolio results for the business unit, including monitoring account experience and identifying emerging issues. Work with Division management to develop Line of Business (LoB) strategies and peril driven strategies. Maintain underwriting and business development responsibility for key accounts as assigned by the Head of Underwriting and Team Lead as appropriate. Effectively, persuasively, and punctually negotiate appetite and terms with brokers and clients. Attend Underwriting audits, client/broker visits, and conferences in support of the portfolio production. Participate in broker marketing and industry meetings and provide responsive service on broker and client requests.

Requirements: Bachelor’s degree in Economics, Math, or other quantitative field plus 5 years of experience as a Property Treaty Underwriter or related Property & Casualty (re)insurance underwriting, actuarial, or broking role.  Prior work experience must include: Performing statistical and data analysis of insurance information to support property reinsurance underwriting and pricing, including the use and interpretation of experience‑based and exposure‑based rating model outputs; Reviewing and evaluating reinsurance contract terms and conditions as part of the underwriting assessment of client submissions; Assessing property risk using qualitative judgment and quantitative underwriting methodologies; Communicating with brokers and clients regarding underwriting appetite, pricing, and contractual terms, including negotiation of price and terms; and, monitoring and/or management of Property & Casualty (re)insurance portfolios to ensure alignment with underwriting guidelines and portfolio objectives. May telecommute but must have ability to report to New York, NY office 3 times per week.

Benefits: Opportunity for company bonus based upon a percentage of eligible pay.  In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).

Apply Now

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.

See the area you’ll be working in

Get an idea of what your daily routine around the office can be like.

Explore Location

This may interest you

Featured Jobs

View jobs to show jobs list.

Save jobs to show jobs list.

View All Jobs

Activate your job alert

Looking for the ideal professional challenge? Stay informed with the Munich Re Group job alert service: Munich Re, ERGO Group and MEAG offer a wide range of opportunities. Once you have set up the service, you'll receive automatic email updates on new job vacancies that match your search criteria.

Interested InPlease select a category, location, and/or company option. Click “Add” to create your job alert. You can add more than one combination to your alert.

By signing up, I acknowledge that I have read the privacy policy, and I wish to receive email communications.

To complete the Job Alert, your e-mail address, and the filter criteria you selected will be processed. The processing of the data is exclusively for the purpose of sending the Job Alert e-mails. With deletion of the Job Alert, your data will also be deleted. You can find further information about our imprint here: Privacy Policy.