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Engineer Underwriter Facultative & Corporate (m/f/d)* - Munich RE do Brasil

Location São Paulo, Brazil Job type Full-Time Work mode Hybrid Job level Professional Job ID 12722 Company Munich Re Employment type Regular Area of expertise Claims & Underwriting
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Ready to shape the future of engineering reinsurance in Brazil?

We are now looking for our next Engineering Underwriter to join Munich Re do Brasil, specializing in reinsurance solutions for diverse business portfolios. In this role, you will play a key part in developing engineering-oriented facultative business while delivering impactful and sustainable solutions in a collaborative and high‑performance environment.

At Munich Re do Brasil, we are committed to fostering an agile working culture that empowers our team members. We offer a flexible, hybrid work model in a diverse, high-performance environment that promotes professional growth, innovation, and passion for excellence.

As part of the global Munich Re Group—one of the world’s leading providers of reinsurance and risk solutions—Munich Re do Brasil plays a strategic role in the Latin America region, partnering with clients to help them navigate complexity and build resilience.

Within our Facultative & Corporate (F&C) unit, we deliver tailor‑made reinsurance solutions for complex single risks and corporate exposures. Our work is driven by deep engineering expertise, strong client focus, and an agile, collaborative mindset.

Your Responsibilities:

  • Proactively strengthen and expand relationships with cedants and brokers, identifying and implementing new business opportunities. Engage closely with clients to understand their needs and co‑create tailored reinsurance solutions, leveraging digital tools to address challenges and drive mutual success.
  • Assess and underwrite portfolio solutions for clients in Brazil, including facultative and treaty business, ensuring alignment with portfolio targets, risk appetite, underwriting guidelines, and business strategies.
  • Develop and contribute to effective risk management and governance processes that support the business stability and informed decision-making, and alignment with strategic objectives.
  • Actively monitor and manage the book of business to ensure long-term profitability and alignment with company objectives.
  • Actively collaborate with local teams (Client Management, Claims, and Treaty Underwriting) and regional stakeholders across Latin America & Iberia, applying agile ways of working to enhance workflows and foster a culture of collaboration and shared success.
  • Lead or contribute to client seminars, workshops, and training initiatives, sharing expertise and promoting continuous knowledge exchange.
  • Contribute to and drive thought leadership initiatives in the reinsurance space, positioning Munich Re as a trusted and forward‑looking partner in the region.

Your Profile:

  • Bachelor’s degree in Engineering (Mechanical, Electrical, Industrial, Civil, or equivalent).
  • Several years of professional experience within the engineering insurance or reinsurance field, with a minimum of 2 years of experience in underwriting engineering risks (e.g. Construction, Power Generation or related lines).
  • Strong underwriting judgment combined with high client orientation, negotiation and marketing skills, and an entrepreneurial mindset.
  • Solid understanding of reinsurance principles and the Brazilian insurance and reinsurance market.
  • Experience with digital underwriting tools or platforms is an asset; openness to agile methodologies and innovation is a plus.
  • High level of commitment, adaptability, and willingness to travel.
  • Fluency in Portuguese and English; Spanish is an asset.

Why Join Munich Re do Brasil?


Reinsurance is about shaping the future of risk—and at Munich Re do Brasil, you will be at the center of it. We offer a collaborative, high‑performance environment where technical excellence, curiosity, and trust come together. Here, you will have the opportunity to grow professionally, contribute your expertise to complex engineering risks, and make a real impact for our clients and the market.

If you are ready to take on meaningful challenges and help turn risk into opportunity, we look forward to welcoming you.

Please apply before the 26th of April, 2026.

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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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