Senior Underwriter - Insurance
The Group Reinsurance Solutions Team is responsible for developing creative, custom-tailored reinsurance solutions for Group benefits in the Canadian and Caribbean market and collaborating with our clients to help manage profitably and grow their business.
The successful candidate will be working closely with members of the team and other key individuals from the Toronto and Montreal offices to support the underwriting needs of our clients and help execute the objectives and strategies of the Group Reinsurance Solutions team through their extensive knowledge in underwriting of group insurance
Responds to client’s requests that are entrusted to him/her with respect to quotes and renewals of group insurance contracts.
Addresses needs of clients in a timely, proactive and professional manner, advising senior management of any business issues impacting Munich Re and/or the client, makes recommendations and takes action to resolve concerns.
Draft treaties and amendments.
Prepare quote proposals, provide required analysis and develop recommendations and solutions that maximize growth and profitability.
Provide knowledge and support to other team members including actuarial, medical underwriting, claims and senior management, assisting them in managing the client relationships.
Develop and maintain Group underwriting tools and methodologies, manuals and guidelines, market databases and comparative reports.
Support with the research, development, and implementation new products, benefits, features and distribution strategies.
Maintains a high profile within the underwriting community and develop network of contacts to gain market intelligence, promote the expertise of the company and influence practices and procedures within the industry.
7+ years in-depth knowledge and experience in the Canadian and/or Group Life and Health (re)insurance industry.
- Fluency in English required; French is an asset.
- able to manage multiple projects and priorities in a fast-paced, performance-driven environment.
- Demonstrated ability to work under tight deadlines and deliver accurate, high-quality results.
Together, we engage with everything we have and are, to help humankind act braver and better.
As the world’s leading reinsurance company with more than 40,000 employees in over 50 locations around the globe, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into manageable risk, we enable fundamental change. We recognize Diversity, Inclusion, and Belonging as a key priority with a culture that welcomes different thoughts and opinions. Our data, our technology, and our teams place us in a unique position to drive transformative change in the life insurance industry. We invest strategically in our world class talent, offering our employees a work experience that promotes professional development, innovation, and rewards high performance.
A hybrid work environment that combines weekly in-office and remote days with Meeting-Free lunch hours and Focus Friday afternoons
A great compensation package including annual company bonus
Market leading company-paid flexible health and dental benefits, starting on your first day
Flexible dollars provided by the company to put towards Health Spending Account and/or Wellness Spending Account
Immediate participation in DC Pension Plan with an automatic 5% employer contribution, plus optional company match
Generous time off including vacation, personal days, unplanned time, Statutory Holidays and company-wide early closure half-days
Maternity, Parental & Adoption Leave top-up program
Accommodations will be made for qualified applicants with a disability throughout the recruitment process. If you receive a request for an interview and you have a disability which will require an accommodation to support your participation, please contact View email address on careers.munichre.com.
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