Munich Re

Senior Underwriter, Casualty Treaty Southeast Asia

Munich Re  •  Singapore, SG (Onsite)  •  4 hours ago
Apply
AI can make mistakes so check important info. Chat history is never stored.

Job Description

Munich Re is a leading global reinsurance partner, delivering exceptional value to clients and stakeholders. We are seeking a qualified candidate to join our Casualty Treaty Underwriting team in Southeast Asia (SEA) as a Senior Underwriter, based in Singapore.

Reporting to the Head of Casualty Treaty Underwriting, SEA, this role focuses on underwriting, managing, and further developing a profitable and sustainable Casualty Treaty portfolio across SEA, while providing additional support to India and selected Middle East markets as required. This role requires strong technical underwriting expertise, combined with effective portfolio management, proactive client and broker engagement, and active contribution to client and underwriting strategies. The position also plays a key role in maintaining high underwriting quality and standards across the portfolio.

Your Role:

  • Underwrite new and renewal Casualty Treaty business across Motor, Liability, and Personal Accident, covering proportional, non-proportional, and non-traditional reinsurance structures
  • Conduct comprehensive quantitative and qualitative risk assessments, including actuarial pricing, pricing adequacy reviews, and analysis of loss and exposure trends
  • Structure, review, negotiate, and approve treaty terms, conditions, and wordings with disciplined underwriting judgment, in line with delegated authority, internal guidelines, business targets, and client strategies
  • Shape and drive underwriting strategy within the area of responsibility, ensuring consistently high underwriting quality standards
  • Monitor and manage the performance of assigned markets and portfolios, including treaty maintenance, reporting, and forecasting
  • Lead underwriting-related discussions in client and broker meetings, supporting the execution of client strategies and identifying new business opportunities
  • Represent Casualty underwriting topics at industry events, and contribute to internal initiatives, projects, and working groups
  • Provide technical training, coach junior colleagues, design and deliver workshops, and support knowledge transfer across teams and business units
  • Support the manager in fostering an inclusive, collaborative, and high-performing team culture, as well as strong cross-functional partnerships

Your Profile

  • University degree in Actuarial Science, Mathematics, or Statistics; professional insurance or actuarial qualifications preferred
  • Significant experience in Casualty Treaty Underwriting (typically around 10+ years), with strong expertise in Motor and Liability products, and a good understanding of accounting, finance, and regulatory frameworks across SEA markets
  • Strong actuarial pricing expertise, including proficiency in underwriting and pricing tools, along with advanced analytical skills and strong problem-solving capability
  • Solid knowledge of reinsurance contract terms and conditions
  • Experience in developing non-traditional or innovative insurance solutions, with proven project experience and the ability to apply technical knowledge to practical underwriting challenges
  • Collaborative and self-motivated team player who demonstrates accountability and a proactive, solution-oriented approach, with high learning agility and a continuous improvement mindset, and willingness to take on additional responsibilities
  • Strong communication, stakeholder management, negotiation, and presentation skills, with the interpersonal ability to work effectively across teams and markets
  • Fluent in spoken and written business English; additional Asian language skills are advantageous
Munich Re

About Munich Re

Munich Re is one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions. The group consists of the reinsurance and ERGO business segments, as well as the capital investment company MEAG. We are globally active and operate in all lines of the insurance business.

Since our founding in 1880, we’ve been known for our unrivaled risk-related expertise and sound financial position. We offer customers financial protection when faced with exceptional levels of damage – from the 1906 San Francisco earthquake to the 2017 Atlantic hurricane season. We possess outstanding innovative strength, which enables us to also provide coverage for extraordinary risks such as rocket launches, renewable energies, cyber attacks, or pandemics.

We’re also playing a key role in driving forward the digital transformation of the insurance industry, and in doing so have further expanded our ability to assess risks and the range of services that we offer. Our tailor-made solutions and close proximity to our customers make Munich Re one of the world’s most sought-after risk partners for businesses, institutions, and private individuals.

Working at Munich Re is more than a career. It’s an invitation to tackle some of the world’s most pressing challenges. Together with our team, consisting of specialists from more than 80+ fields of expertise, we turn risks into exciting opportunities that move humanity forward. https://www.munichre.com/en/career

Munich Re Careers: p0060018221@munichre.com

Munich Re Imprint: www.munichre.com/en/service/imprint/index.html

Munich Re Legal Notice: https://www.munichre.com/en/service/legal-notice/index.html

Munich Re Privacy Policy: https://www.munichre.com/en/service/privacy-statement/index.html

By accessing the Munich Re LinkedIn page, you agree to LinkedIn's terms and conditions and its data use policy: www.linkedin.com/legal/privacy-policy

© 2000–2018

Münchener Rückversicherungs-Gesellschaft

Group Communications

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Munich, DE
Year Founded
Unknown
Social Media