Specialist, Casualty Treaty

1 week ago


Toronto, Canada Munich Re Full time
Specialist, Casualty Treaty

We care for humankind - and that starts with our people
Munich Re of Canada is committed to providing a superior level of service to our clients through our expertise, global resources, and financial strength. It is our ability to listen to our clients and respond flexibly to their needs that makes us a partner in innovation and Canada's reinsurer of choice. The Munich Re Group is one of the world's leading risk carriers and stands for exceptional solution-based expertise, consistent risk management, financial stability and client proximity.
We're looking for our next Specialist, Casualty Treaty. Could It Be You?
The Specialist, Casualty Treaty is responsible for supporting with the marketing and underwriting of treaty Casualty business for the area covered by Munich Reinsurance Company of Canada (MROC).

Need more details? Keep reading...
Your key responsibilities will include:

Underwriting
• Underwrites treaty casualty business in accordance with MROC's guidelines and philosophy and within the limits authorized by the Head of Department.
• Evaluates submissions, assesses and rates risks and performs all necessary underwriting functions in order to recommend acceptance or declination and/or offer alternative terms and conditions on treaties offered to MROC.
• Negotiates and participates in negotiations within the company and with clients, in conjunction with Client Management.
• Ensures that fast and efficient service is provided to our clients.

Marketing
• Completes and/or updates CM and writes visitation reports after each visit when necessary.
• Promotes MROC products, services and facilities and builds business relationships with cedents and provides information and advice to cedents on matters of his/her competence.
• Monitors market conditions and the activities of MROC's existing and potential Casualty cedents and reinsurance competitors and reports to Management as needed.

Other
• Keeps the Department Head informed of their activities.
• Keeps up to date with on line treaty system changes.
• Prepares reports as may be required.

Qualifications
First and foremost, you will demonstrate strong leadership and achievement, a strong work ethic, enthusiasm towards change and a drive to make a difference.
In addition, we are looking for the following qualifications:
• A Bachelors' Degree in any professional discipline, Actuarial Science, Mathematics preferred.
• Chartered Insurance Professional (CIP) / Fellow Chartered Insurance Professional (FCIP) or equivalent "on-the-job" education or training.
• 5-10 years primary insurance underwriting experience as a minimum or equivalent (i.e. facultative reinsurance experience and 2-5 years of reinsurance treaty experience).
• Maintain knowledge through industry publications, attending seminars or workshops related to underwriting issues.
• Excellent analytical, negotiating and investigative competencies.
• Excellent oral and written communication skills.
• Strong computer ability and working knowledge of Microsoft Office.
• Ability to work independently and in a team environment.
• Business and general insurance acumen.
• Adaptability and flexibility.
• French/German language skills an asset.

Click on the link to apply
Munich Re of Canada is committed to providing a work environment that is inclusive and free of employment barriers and discrimination. Accommodations will be made for qualified applicants with a disability throughout the recruitment process. If you receive a request for an interview and you have a disability which will require an accommodation to support your participation, please contact AODARequestHR@munichre.ca as soon as practical so that suitable accommodations can be arranged.

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