Underwriter Level 1 – Construction Liability

Overview

In this role you will underwrite engineering and construction liability risks and help develop Munich Re’s Construction products. You’ll manage both new and renewal cases in line with guidelines, partnering with intermediaries to deliver strategic business development. You will make on-site, delegated decisions for allocated clients, and shape a high-quality, balanced portfolio aligned with the trading strategy. You’ll contribute to underwriting strategy and present technical insights to stakeholders, driving profitability and technical excellence.

Responsibilities

• Underwrite new and renewal business in line with appetite and guidelines; contribute to product development in engineering and construction (construction liability)
• Handle cases end-to-end for allocated portfolios, delivering joint business development plans
• Make delegated authority decisions for intermediaries to ensure efficient case handling
• Provide tailored risk solutions for complex accounts and maintain service standards
• Plan and process own work to meet customer service targets and credit control goals
• Deliver technical presentations and act as a knowledge reference for intermediaries/customers
• Maintain underwriting standards across the portfolio
• Develop strong intermediary/customer relationships and promote Munich Re externally
• Represent Munich Re to intermediaries and local markets

Key requirements

• High level of construction liability underwriting knowledge
• Understanding of technical underwriting, philosophy and trading strategy
• Ability to interpret and use management information
• Excellent communication skills
• Knowledge of local insurance market practices
• Ability to build internal and external relationships across teams and partners

• Communication
• Relationship building
• Customer focus
• Construction liability underwriting
• Portfolio management
• Interpretation of management information

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