Summary: The Senior Terrorism & Political Violence Underwriter at Munich Re Specialty – Global Markets in London is responsible for prudent underwriting of Political Violence risks, ensuring alignment with business plans to maximize profit while maintaining the firm's integrity. This role involves driving initiatives for new products, conducting portfolio management, and ensuring compliance with regulatory obligations. The position requires advanced knowledge of underwriting principles and legal regulations, with a focus on delivering exceptional client service. The company promotes a diverse and inclusive work environment, encouraging candidates from various backgrounds to apply.

Key Responsibilities:

• Assist in creating and delivering the business plan for the Political Violence team.
• Underwrite Political Violence risks and ensure compliance with underwriting limits.
• Establish and run projects for new sub-classes and products.
• Conduct book reviews and monitor portfolio management.
• Negotiate new wordings and structures to meet client needs.
• Ensure adherence to company procedures and compliance manuals.
• Address contract certainty issues for relevant risks.
• Review and administer existing contracts in line with underwriting philosophy.
• Ensure appropriate information is provided to the Peer Review Group.

Key Skills:

• Advanced knowledge of underwriting principles.
• Understanding of legal principles and FCA/Lloyd’s regulations.
• Familiarity with Political Violence risks.
• Ability to negotiate and communicate effectively with clients.
• Experience in portfolio management and risk assessment.
• Strong organizational skills and attention to detail.
• Ability to work collaboratively in a team environment.

Salary (Rate): undetermined

City: London

Country: United Kingdom

Working Arrangements: hybrid

IR35 Status: undetermined

Seniority Level: undetermined

Industry: Other