Engineering Underwriting Specialist

5 days ago


Johannesburg, Gauteng, South Africa Munich Re Full time

Munich Re seeks a seasoned Senior Engineering Facultative Underwriter to drive business growth and success in Sub-Saharan Africa. In this critical role, you will be responsible for developing and managing single-risk facultative reinsurance portfolios in Property, Engineering, and Casualty risks.

Your Key Objectives:

  1. Build a strong and sustainable facultative engineering book of business across Sub-Saharan Africa, leveraging your expertise to assess risks and provide tailored reinsurance solutions.
  2. Collaborate closely with the Head of Facultative Underwriting to develop and execute strategic plans aligned with company goals.
  3. Nurture and 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. Advise Treaty Underwriters on complex matters.
  6. Demonstrate thought leadership by organizing workshops and seminars for clients and internal staff, showcasing Munich Re's expertise and value proposition.
  7. Conduct thorough risk assessments and prepare comprehensive reports for large/complex engineering projects.
  8. Analyze portfolio performance and market trends to inform business decisions.
  9. Stay up-to-date with industry developments and maintain cutting-edge technical and market knowledge.

Your Background:

  • Bachelor of Science in Engineering degree, accompanied by 5 years of hands-on experience.
  • Minimum 10 years of professional experience in Engineering (re)insurance, with a proven track record of technical underwriting expertise.
  • Familiarity with French language is an asset.
  • Passion for international business development and willingness to travel frequently.
  • Entrepreneurial spirit and ability to identify and capitalize on business opportunities.


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