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MRSGNA Associate Underwriter, Ocean Marine

Munich Re Specialty Group
Schaumburg, United States
Full-time

Job Profile

Work with US underwriting team on renewal insurance business

Manage and evaluate renewal business to ensure risk quality

Use underwriting standards and guidelines to assess risk across assigned business line

Request peer reviews (internal audits) and refer business out of authority to foster consistent and profitable risk selection

Collaborate with account Lead Underwriter and peers to identify profit and loss trends to drive department profitability goals

Monitor client needs, insurance market developments and economic changes to ensure future planning aligns with long-range business growth goals

Manage renewal book of business by accepting or rejecting accounts based on sound underwriting judgement and effective communication with the Lead Underwriter

Meets with agents / brokers and insureds in order to build business partnerships and relationships

Contribute to the enhancement of underwriting tools, platforms, forms, services and standards, including documentation and training for new hires

Assist with the assignment of surveys as required

Account servicing

Job Requirements

Bachelor’s Degree or equivalent combination of education and / or work experience

1-3 years of relevant experience preferred

US Ocean and Inland experience, some Marine experience a plus

Bilingual Spanish / English a plus

Demonstrated proficiency in underwriting Ocean Marine and working knowledge of underwriting standards

Understanding of laws and regulations governing geography, class of business and industry

Experience with EPIC or other insurance management platforms a plus

Ability to negotiate to a mutually beneficial and desired outcome (internal and external)

Ability to work within a dynamic and growing organization

Ability to travel occasionally within US and assigned region to maintain business partnerships and relationships; reinforce and promote the Munich Re value proposition

About Us

MRSG N.A. is the holding company for Roanoke Insurance Group (RIG) and Munich Re Specialty Group Insurance Services (SIS) located throughout 7 locations in the United States and Canada with over 250 employees.

SIS provides insurance to retail and wholesale insurance brokers in North America. Specialty lines include ocean and inland marine, cyber, tech E&O, terrorism, active assailant & political violence.

RIG operates as a specialty insurance broker focused on surety, insurance and related offerings for logistics service providers, customs brokers and companies with supply chains.

Benefits

We offer our employees a diverse work environment which champions professional development, innovation and passion; providing employees with a great benefits package.

All of our benefits are effective the first day of employment including :

Generous healthcare plans

Voluntary dental & vision plans

401(k) plan

Flexible spending plans

Health Savings Accounts (HSA)

Paid time off

Paid holidays

Tuition reimbursement

Short / long term disability

Paid Parental Leave

Employee Assistance Program (EAP)

Employee Wellbeing Program

Community involvement

Life insurance

At MRSG N.A., individuality is a key driver for our success and progress. We believe that leveraging a variety of perspectives and backgrounds, and empowering all employees to make an impact, will motivate us to perform at our best and give us a competitive edge.

We know there is always more work to be done, but we’re committed to building an inclusive culture where everyone is welcomed and valued for their authentic selves.

We offer equal opportunity employment regardless of age, sex, race, color, creed, national origin, religion, veteran status, sexual orientation, atypical hereditary traits, marital status, disability, gender identity or expression, or any other characteristic protected by law.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

30+ days ago
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