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  • Posted: Jun 21, 2022
    Deadline: Jul 5, 2022
  • The foundation of Munich Reinsurance Company in 1880 is largely due to the efforts of Carl Thieme. It is also Thieme who stated that: "By its nature, reinsurance needs to be international". He consistently follows his conviction by putting the company on an international footing from the very start. He establishes a business model whose essential f...
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    Junior Facultative Property Underwriter

    About the job


    • The role is responsible for underwriting of new and renewal of existing business in standard risk classes and together with more senior underwriters within the facultative team, developing and maintaining a profitable Facultative Property portfolio.
    • Actively support the Underwriting function in accepting business on behalf of Munich Re of Africa from cedents and brokers within delegated authority levels and subject to technical risk assessment and application of commensurate terms and conditions.
    • Assist in developing and maintaining relationships and service levels with clients.
    • Provide underwriters with back up support on administrative duties, reporting, client follow up and other tasks assigned by the underwriting team and / or management.
    • Gain full understanding of what constitutes valid and technically accurate underwriting to develop appropriate levels of underwriting skill and technical competency.
    • Assist in organising and conducting seminars / workshops, for external clients and internal stakeholders, to enhance levels of Underwriting


    • Tertiary Business degree and preferably AIISA qualification
    • Three years’ experience in (re) insurance in underwriting
    • Negotiation skills, strong teamwork skills and a willingness to share knowledge
    • Excellent communication skills (written and spoken)
    • Solution-oriented with a focused, proactive and efficient work style

    Method of Application

    Interested and qualified? Go to Munich Re on to apply

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