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Junior Underwriter Agriculture (m/f/d)*

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Munich Re

2mo ago

  • Job
    Full-time
    Entry & Junior Level
  • Munich

AI generated summary

  • You have a degree in agricultural sciences, analytical skills, initial experience in agricultural reinsurance, understanding of agriculture, client orientation, and fluency in English and Spanish.
  • You will assess risk, price reinsurance programs, support client negotiations, manage treaty business, and collaborate on strategies to drive new business and insights.

Requirements

  • University degree in agricultural sciences or agricultural economics with a strong quantitative background
  • Strong analytical skills combined with high level of commitment, responsibility and reliability is a prerequisite
  • You have initial experience in agricultural (treaty) reinsurance underwriting
  • You have initial primary agricultural insurance know-how
  • You have a good understanding of the agronomical and economical side of agricultural production and the agricultural value chain
  • You have experience abroad ideally working in the farming sector
  • You are prepared to represent MR at conferences and events with your excellent presentation skills
  • Your performance is based on strong analytical, communication and collaboration skills
  • You are eager to drive your own and the team’s development, learn new things, and you are active in sharing knowledge with your colleagues
  • You have a high degree of client orientation
  • You are team player with an open mindset and the preparedness to work in a dynamic environment
  • Excellent command of English and Spanish, knowledge in German and or Italian would be appreciated

Responsibilities

  • Proactively contributing within the client teams supporting negotiations with cedents and brokers, identifying and developing new business potential as well as new clients
  • Performing risk assessment, pricing and acceptance of reinsurance programmes, including definition of reinsurance conditions
  • Handling the full process of underwriting and monitoring the existing proportional and non-proportional treaty business within your defined responsibilities
  • Discussing pricing results with Client Management and clients with the aim of creating valuable insights and common understanding for both sides
  • Developing, implementing and executing client and market strategies with the team

FAQs

What is the location of the Junior Underwriter Agriculture position?

The position is located in Munich, Germany.

What kind of background is required for this position?

A university degree in agricultural sciences or agricultural economics, with a strong quantitative background, is required.

What skills are important for this role?

Strong analytical skills, communication skills, collaboration skills, and a high degree of client orientation are important for this role.

Is previous experience in agricultural reinsurance underwriting necessary for this position?

Yes, initial experience in agricultural (treaty) reinsurance underwriting is required.

Are language skills important for this job?

Yes, excellent command of English and Spanish is required, and knowledge of German and/or Italian would be appreciated.

What type of work environment does the company offer?

The company offers a dynamic work environment that encourages teamwork, openness, and collaboration.

Is there a focus on diversity and inclusion within the company?

Yes, Munich Re embraces diversity, equity, and inclusion as a fundamental part of its culture.

Are there opportunities for professional development?

Yes, Munich Re emphasizes continuous learning and career mobility as key aspects of professional development.

Will the Junior Underwriter represent the company at events?

Yes, the candidate should be prepared to represent Munich Re at conferences and events.

How should candidates apply for the position?

Candidates should submit their applications via the online applicant portal, including their CV and a cover letter.

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Mission & Purpose

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. Our corporate culture is defined by performance, mutual respect and trust. All this makes us an attractive employer providing global career development opportunities and prospects.