Senior Facultative Underwriter

2 days ago

Johannesburg, South Africa Munich Re Full time

**Senior Facultative Underwriter**:
**Location**
Johannesburg, South Africa

**Munich Reinsurance Company of Africa Limited (MRoA) has been operating in South Africa for 50 years, although the Munich Re (Group) was active on the Continent via Munich Re in Munich for some years prior to commencing the Southern African operation in Johannesburg in 1968. The Head Office of MRoA is in Johannesburg, with a client service Life office situated in Cape Town.**

Your job
- Developing and growing a sustainable book of business and exploiting new business potentials through active development of relationships with clients and brokers in South Africa, Sub-Saharan Africa and in major international markets
- Underwriting of facultative property business, including assessing of risk, evaluating and providing reinsurance terms and conditions, in accordance with the applicable underwriting authority, underwriting guidelines, internal directives, targets and client strategies.
- Developing innovative insurance solutions and products in addition to conventional covers in close cooperation with other business units.
- Organizing and conducting seminars/workshops for clients and internal staff, providing clients with value-added services.
- Organizing and conducting surveys of large/complex property risks for clients, including preparing internal and external reports (if required).
- Assisting the treaty team in evaluating special treaty acceptance requests team from a technical point of view as and when required.
- Investigating and evaluating portfolio performance and market analysis.
- Maintaining and expanding technical and market know-how.

**Profile**:

- Business degree and/or suitable insurance qualifications such as ACII/AIISA
- Minimum of 10 years professional experience in Facultative / Single Risk Property (Re) Insurance.
- Passion to actively seek out and conclude business opportunities.
- Conscientious business acumen, creativity.
- Expert communication, negotiation and presentation skills.
- Good IT and analytical skills.
- Entrepreneurial mind set with a passion for conducting business across the African continent.

About usAt Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives and thought. This integration is our foundation. Of our open culture and spirit of partnership. Of how our teams are built and cultivated. Of how we are supported and developed. And at the centre of this interaction is each of us

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