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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...
    Read more about this company


    Senior Facultative Underwriter

    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.

    Your 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.

    Method of Application

    Interested and qualified? Go to Munich Re on to apply

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