Senior Technical Underwriter

4 days ago


Johannesburg, Gauteng, South Africa Munich Re Full time

Munich Re seeks a results-driven Senior Engineering Facultative Underwriter to lead our Engineering Facultative Team. In this critical role, you will be responsible for developing and managing single-risk facultative reinsurance portfolios in Property, Engineering, and Casualty risks across South Africa and Sub-Saharan Africa.

Your Key Accountabilities:

  1. Build a robust and sustainable facultative engineering book of business in Sub-Saharan Africa, leveraging your technical expertise to assess risks and provide reinsurance solutions.
  2. Collaborate closely with the Head of Facultative Underwriting to develop and execute strategic plans aligned with company objectives.
  3. Expand senior relationships with clients and brokers to drive new business opportunities locally and internationally.
  4. Lead by example, mentoring junior staff members and supporting the engineering team to achieve excellence.
  5. Consult with Treaty Underwriters on complex matters.
  6. Organize workshops and seminars for clients and internal staff, demonstrating Munich Re's expertise and value proposition.
  7. Conduct comprehensive risk assessments and prepare detailed reports for large/complex engineering projects.
  8. Analyze portfolio performance and market trends to inform business decisions.
  9. Maintain cutting-edge technical and market knowledge.

Your Profile:

  • Bachelor of Science in Engineering degree, accompanied by 5 years of relevant experience.
  • At least 10 years of professional experience in Engineering (re)insurance, with a proven track record of technical underwriting expertise.
  • Desirable: familiarity with French language.
  • Willingness to travel frequently and passion for international business development.
  • Entrepreneurial spirit and ability to identify and capitalize on business opportunities.


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