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Marine Treaty and Facultative (Senior) Underwriter

Location Tokyo, Japan Job type Full-Time Work mode Hybrid Job level Professional Job ID 8977 Company Munich Re Employment type Regular Area of expertise Claims & Underwriting
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We are looking for a qualified Marine Treaty and Facultative (Senior) Underwriter to be based in our Tokyo office. There will be close collaboration between the branch offices in the Asia Pacific region and Munich Re Asia Pacific Marine Underwriting Centre in Singapore concerning the Marine underwriting of treaty and facultative reinsurance business.

Your Role:

  • Underwriting quality: fully assess proportional and non-proportional Marine treaty and facultative offers from Japan and Asia Pacific markets incl. risk assessment, pricing, checking wordings, capturing and monitoring exposure; partner with the underwriters in Singapore and Other International Offices for all Marine related topics.
  • Product strategy: support development, further enhancement and successful implementation of LoB-strategies for Marine business (e.g. through portfolio analysis) in cooperation with the underwriters and client management; proactively support our client management team by exploring new business fields and helping to grow the portfolio beyond the existing book (e.g. through development of new primary and reinsurance insurance products)
  • Client-facing / Marketing: drive Munich Re’s perception in Japan and Asia Pacific region as an innovative company that leads opinion on both new and known issues and pro-actively offers clients tailor-made solutions (market visits, presentations, client workshops); conduct negotiations with clients and clearly explain very complex technical concepts to a client in an inspiring manner in close cooperation with our client management
  • Firm building: support the divisional and house wide quality assurance in Marine underwriting e.g. via participation in projects or presentations in internal training

Your Profile:

  • Relevant professional qualification: university degree if possible in maritime skills, mathematics, law, economics or in a scientific related discipline or insurance qualifications with suitable experience.
  • Experience: Minimum 8 years of Marine underwriting within primary insurance, captive, or reinsurance; solid understanding of reinsurance treaty and facultative and primary marine insurance products.
  • Expertise: solid know how of steering concepts, processes and IT tools for underwriting and business administration; high degree of analytical and problem solving capabilities and a very structured and straight approach, willingness to share knowledge within the team and also on a Munich Re wide basis
  • Market knowledge: extensive experience and knowledge of the Japan market (knowledge of other Asia Pacific markets is a plus)
  • Skills: interpersonal skills / strengths in relationship management; professional appearance, presentation skills, personal initiative, entrepreneurship, marketing strength; innovativeness and creativity; strong negotiation skills; proven ability to work effectively with multicultural and multi-location team
  • Languages: Fluent business English is essential. In addition, fluency in Japanese is a major plus
  • Willingness to travel when needed.

Our Benefits:

  • Hybrid working arrangement
  • Flexible working hours 
  • 25 paid holidays per year
  • Comprehensive dental, life and health insurance coverage 
  • Lump sum retirement benefit 

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 centre 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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