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Technical Underwriting Assistant (Part‑Time, 1‑Year Contract)

Location Sydney, Australia Job type Part-Time Work mode Hybrid Job level Professional Job ID 12369 Company Munich Re Employment type Temporary Area of expertise Claims & Underwriting
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As part of Munich Re, MR F&C benefits from the financial strength and stability of one of the world’s leading insurance and reinsurance groups, with risk experts working together to provide a broad range of traditional, specialty, and niche solutions. Munich Re Facultative & Corporate (MR F&C) is the global unit responsible for all business written as facultative reinsurance and corporate direct insurance across Munich Re. By bundling single‑risk business into one unified organisation, MR F&C enables close collaboration across regions and lines of business to deliver tailored solutions for clients and brokers.

This role sits within the F&C department in Sydney and provides technical and administrative underwriting support across the full underwriting lifecycle, including new business, renewals, endorsements, and related accounting activities, with a focus on corporate direct business. The position reports to local F&C management and works closely with Underwriters, Finance, Accounting, and regional colleagues within Munich Re’s global operating framework.

Your Role

  • Provide consistent administrative and operational support to underwriters for new and renewal business across the underwriting lifecycle, including the accurate capture and maintenance of risk data in core underwriting systems.
  • Manage and clear submissions in relevant Munich Re global systems, including the structured setup and ongoing maintenance of electronic folders for new and renewal business.
  • Perform sanctions checks in accordance with internal policies and ensure results are appropriately documented and filed in electronic records.
  • Handle endorsements in line with underwriting and operational requirements.
  • Manage related accounting activities, including the identification, investigation, and resolution of accounting discrepancies.
  • Track receipt of closings, actively follow up on outstanding items, and perform tax verification.
  • Proactively request and follow up on missing information from brokers, clients, and internal stakeholders to support timely and accurate processing.
  • Ensure a high standard of data quality, accuracy, and consistency across source systems in line with internal controls and governance requirements.
  • Collaborate effectively within Munich Re’s global operating framework, including interaction with regional and international colleagues.

Your Profile

  • Operational or processing background, preferably within insurance or reinsurance; candidates with experience in finance or comparable regulated industries will also be considered.
  • Approximately 2–3 years of relevant professional experience in underwriting support, underwriting analysis, operations, or accounting support.
  • Basic understanding of primary insurance and/or reinsurance underwriting processes is considered an advantage.
  • Strong attention to detail with a demonstrated focus on data accuracy, quality assurance, and control standards.
  • Clear and professional verbal and written communication skills, with the ability to work effectively with internal and external stakeholders.
  • Proficiency in standard Microsoft Office applications.
  • Proactive and service‑oriented mindset, with the ability to take ownership of tasks and drive them through to completion.
  • Positive attitude, ability to work independently, willingness to learn, and a strong team orientation.

At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the center of this interaction is each of us.

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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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