Casualty Treaty Underwriter

**Casualty Treaty Underwriter**:
Career level 3
**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.**
This is an exciting opportunity for a Casualty Treaty Underwriter to join the dynamic Non-Life team. This role reports directly to the Operational Manager for Non-Property Treaty.
Your job
- Join a team of pricing experts and actuarial analysts in the pricing desk responsible for building and reviewing casualty pricing models and parameters.
- Acquire, assess, underwrite, quote and negotiate proportional and non-proportional Casualty Treaty business in the Sub-Saharan Africa markets directly and through brokers
- Provide tailor made solutions and ensure a profitable portfolio
- Check contract wordings and conditions according to MR underwriting guidelines
- Cultivate relationships with cedants and brokers for business development purposes and exploit new business potential through these sources
- Conduct market and portfolio analyses, and prepare reports
- Negotiate with clients on product-related topics and other class-specific issues in liaison with client management
- Use data analytics methods and/or other programing skills to enhance efficiency of the current methods and processes.
**Profile**:
**Experience**:
- University degree in actuarial science, mathematical statistics, statistics, econometrics or economy and/or suitable progress towards qualifying with a recognized actuarial society (ASSA, IFA, CAS etc.)
- Experience in general insurance or reinsurance (especially knowledge of PA, Motor, and Liabilities classes) would be advantageous
- Good level of pricing experience
**Skills and Competencies**:
- Sound analytical skills
- Good communication skills, strong interpersonal skills and willingness to share knowledge within the team
- High level of commitment and ability to work under pressure
- Solution-oriented with a proactive, efficient and independent work style
- Fluent in English
- Previous experience as a data analyst and/or process engineer would be advantageous
About us
Our Benefits:
- Life and Health Benefits.
- Retirement Benefits.
- Hybrid working environment.
- Bonus Scheme.
- Employee Assistance Program.
- Wellness Programs.
- Global Mobility.
**You will work in an environment where we aspire to think big**:
Change and culture are challenged. We communicate a compelling and shared purpose and direction. We pave the way towards success and see failure as learning.
**You are going to experience that we care &
dare**:
We are empathetic. We know when to lead and know when to let others lead. We attract, grow and coach future leaders.
**We aim to communicate in a clear &
authentic way.** We solicit feedback, ask and listen, learn and unlearn.
**We lead the We**:
We have a passion for winning and growing as a team. We inspire people to deliver a joint performance. We create an inclusive environment where different thoughts, generations, cultures and experiences are valued and encouraged.
Hybrid #Reinsurancejobs
About Munich Re:
- Munich Re is one of the world's leading reinsurance companies with more than 11,000 employees at over 50 locations around the globe. We are working on topics today that will concern the whole of society tomorrow, whether that be climate change, major construction projects, gene technology or space travel. We find solutions to these challenges through a network of highly qualified professionals who anticipate risks, work on tailor-made solutions and expertly advise our clients. If you want to help shape the future as part of one of our teams, we look forward to hearing from you.
This is a permanent position and is based in Johannesburg, South Africa.
The closing date for this opening is 31 January 2023.-
At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction 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.