Specialist, Property Treaty

5 months ago

Toronto, Canada Munich Reinsurance Company of Canada Full time

Specialist, Property Treaty
 

We care for humankind – and that starts with our people
Our greatest strength lies not in what we do – but how we do it. It’s the unique individual behind every piece of work who matters the most. Our people make Munich Re a global success.
Working at Munich Re gives us access to the depth, breadth, and mindset we want in order to develop our full potential. That’s why a career with us is much more than just a job. It’s an invitation to be your very best and make a positive impact on the world.

Overview  
Are you someone with strong leadership capabilities? Do you enjoy building relationships and working collaboratively in a team environment? As someone with excellent communication, technical and organizational skills, you will utilize exceptional interpersonal and influencing skills across all levels of the organization.


We’re looking for our next Specialist, Property Treaty. Could It Be You?
Munich Reinsurance Company of Canada is looking for a dynamic and business-oriented Specialist, Property Treaty. You will be supporting the property reinsurance portfolio and providing high-quality analysis and recommendations, consistent with the Munich Re risk appetite and guidelines. This position reports directly to the VP of the Property Treaty Department.
 

Need more details? Keep reading…

Underwriting
• Underwrites Property Treaty business in accordance with MROC's and Group-wide guidelines and appetite.
• Evaluates submissions, reviews treaty contracts, assesses and prices business 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.
• Stay current with all applicable UW guidelines.
• Contributes proactively to the MROC Client Teams in negotiations with cedents and brokers, identifying and developing strategies for existing clients as well as new prospects. 
• Maintains contact with the industry in general by attending industry functions on a regular basis. Promotes MROC products, services and facilities and builds business relationships with cedents and provides information and advice to cedents on matters within his/her competence.
• Monitors market conditions and the activities of MROC's existing and potential cedents and reinsurance competitors and reports to Management as needed.
Actuarial & Technical Pricing
• Prepares and models property Nat-Cat data with the models used at Munich Re including RMS Risk Link as well as in-house modeling software.
• Prepares treaty reinsurance pricing independently, including assessing and discussing modeling results internally and externally.
• Contributes to the development of pricing assumptions and strategies which includes update of pricing model parameters, market analysis and other strategic projects.
• Develops or enhances concepts, methods and tools to quantify and monitor accumulation of nat-cat risks across the property treaty portfolio.
• Evaluates and calibrates internal or external catastrophe models for pricing and risk management processes.
• Leads and/or supports portfolio reviews including accumulation of risk and profitability analyses. 
• Cooperates closely with various internal departments in order to develop key business insights as well as the presentation and communication of business insights to internal stakeholders.
Specialized Knowledge and Skills
• Excellent working knowledge of MS Excel, PowerPoint, Access, VBA, Power BI.
• Experience with relevant modeling software such as RMS RiskLink.
• Programing knowledge (languages such as: R and SQL), and experience with data cubes considered an asset.
• Capable of carrying out actuarial analysis with minimal supervision and be self-driven to deliver business insights.
• Strong analytical skills and attention to detail.
• Excellent interpersonal skills and proven ability to work independently and as part of a team.
• Well-developed verbal and written communication skills with ability to communicate at the right level of complexity for the audience.

So are YOU our next Specialist, Property Treaty? You are if…
First and foremost, you demonstrate a natural desire to provide exceptional client service through their energy, enthusiasm, and initiative.
 

In addition, we are looking for the following qualifications: 

• University Degree in a relevant discipline (mathematics, statistics, natural sciences or actuarial science)
• Experience and expertise in underwriting or practical experience with cat modelling software (RMS, AIR)
• Excellent analytical and conceptual skills with a working knowledge of SQL; programming skills would be beneficial
• Builds relationships with internal and external clients in support of business objectives
• Proficient computer skills, specifically Microsoft Office products and aptitude for new computer systems
• Excellent communication and interpersonal skills as well as analytical, organizational and negotiation skills
• Ideally a minimum of 10 years of reinsurance/insurance experience
• Fluency in French is an asset

In addition to an exciting job opportunity, we offer the following…
• You will be exposed to challenging projects and development opportunities to grow your skills and career with both local and global colleagues and partners.
• A comprehensive total rewards financial program which includes extensive flexible benefits and pension. 
• A hybrid work environment in an inspiring physical workplace setting.
• Educational Assistance Programs that continue to recognize your on-going success.

  • Specialist, Property Treaty

    5 months ago

    Toronto, Canada Munich Reinsurance Company of Canada Full time

    Specialist, Property Treaty **Company** Munich Reinsurance Company of Canada **Location** Toronto, Canada **Specialist, Property Treaty** **We care for humankind - and that starts with our people** Our greatest strength lies not in what we do - but how we do it. It’s the unique individual behind every piece of work who matters the most. Our people make...

  • Property Treaty Specialist

    3 weeks ago

    Toronto, Ontario, Canada Munich Re Full time

    About UsMunich Re is a global leader in the insurance industry, and our people are the driving force behind our success.Our CultureWe value our employees and strive to create a work environment that is collaborative, inclusive, and supportive.What We OfferA dynamic and challenging work environmentOpportunities for professional growth and developmentA...

  • Property Treaty Specialist

    3 weeks ago

    Toronto, Ontario, Canada Munich Reinsurance Company of Canada Full time

    Job SummaryMunich Reinsurance Company of Canada is seeking a highly skilled Property Treaty Specialist to join our team. As a key member of our Property Treaty Department, you will be responsible for underwriting property treaty business, evaluating submissions, and assessing and pricing business in accordance with MROC's and Group-wide guidelines and...

  • Property Treaty Specialist

    2 weeks ago

    Toronto, Ontario, Canada Munich Reinsurance Company of Canada Full time

    About the RoleMunich Reinsurance Company of Canada is seeking a highly skilled Specialist, Property Treaty to join our team. As a key member of our Property Treaty Department, you will be responsible for underwriting property treaty business in accordance with our company's and group-wide guidelines and appetite.Key ResponsibilitiesUnderwrite property treaty...

  • Property Treaty Specialist

    2 weeks ago

    Toronto, Ontario, Canada Munich Reinsurance Company of Canada Full time

    About the RoleMunich Reinsurance Company of Canada is seeking a highly skilled Specialist, Property Treaty to join our team. As a key member of our Property Treaty Department, you will be responsible for underwriting property treaty business in accordance with our company's and group-wide guidelines and appetite.Key ResponsibilitiesUnderwrite property treaty...

  • Property Treaty Specialist

    1 month ago

    Toronto, Ontario, Canada Munich Reinsurance Company of Canada Full time

    About the RoleMunich Reinsurance Company of Canada is seeking a highly skilled and experienced Specialist, Property Treaty to join our team. As a key member of our Property Treaty Department, you will be responsible for underwriting property treaty business, evaluating submissions, and assessing and pricing business in accordance with our guidelines and...

  • Property Treaty Specialist

    4 weeks ago

    Toronto, Ontario, Canada Munich Reinsurance Company of Canada Full time

    About the RoleMunich Reinsurance Company of Canada is seeking a highly skilled and experienced Property Treaty Specialist to join our team. As a key member of our Property Treaty Department, you will be responsible for underwriting property treaty business, evaluating submissions, and assessing and pricing business in accordance with our guidelines and...

  • Property Treaty Specialist

    4 weeks ago

    Toronto, Ontario, Canada Munich Reinsurance Company of Canada Full time

    About the RoleMunich Reinsurance Company of Canada is seeking a highly skilled and experienced Property Treaty Specialist to join our team. As a key member of our Property Treaty Department, you will be responsible for underwriting property treaty business, evaluating submissions, and assessing and pricing business in accordance with our guidelines and...

  • Property Treaty Specialist

    1 month ago

    Toronto, Ontario, Canada Munich Reinsurance Company of Canada Full time

    About the RoleMunich Reinsurance Company of Canada is seeking a highly skilled and experienced Specialist, Property Treaty to join our team. As a key member of our Property Treaty Department, you will be responsible for underwriting property treaty business, evaluating submissions, and assessing and pricing business in accordance with our guidelines and...

  • Vice President, Property Treaty

    5 months ago

    Toronto, Canada Munich Reinsurance Company of Canada Full time

    Vice President, Property Treaty **Company** Munich Reinsurance Company of Canada **Location** Toronto, Canada **Vice President, Property 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...

  • Expert in Property Treaty Negotiation

    6 days ago

    Toronto, Ontario, Canada Munich Re Full time

    We care for humankind - and that starts with our people. At Munich Re, our unique culture is built on the idea that our employees are our greatest strength. It's the individual behind every piece of work who matters most, making us a global success story.Working with us offers a chance to be part of a team that values collaboration and mutual support. Our...

  • Property Treaty Underwriter

    2 weeks ago

    Toronto, Ontario, Canada Munich Reinsurance Company of Canada Full time

    About the RoleMunich Reinsurance Company of Canada is seeking a highly skilled Property Treaty Underwriter to join our team. As a key member of our Property Treaty Department, you will be responsible for underwriting property treaty business in accordance with MROC's and Group-wide guidelines and appetite.Key ResponsibilitiesUnderwrite property treaty...

  • Specialist, Casualty Treaty

    2 months ago

    Toronto, Canada Munich Reinsurance Company of Canada Full time

    Specialist, Casualty Treaty **Company** Munich Reinsurance Company of Canada **Location** Toronto, Canada **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...

  • Reinsurance Treaty Analyst

    4 months ago

    Toronto, Canada RMA Inc. Full time

    Salary: **Are you interested in joining a dynamic, growing organization to build on your skills and make a positive impact in the reinsurance industry?** We have an exciting opportunity at RMA to join the Life Reinsurance Treaties team. Our mission is to empower you to be the best version of yourself while supporting your professional growth and...

  • Specialist, Property Treaty

    1 month ago

    Toronto, Canada Munich Re Full time

    Specialist, Property TreatyWe care for humankind - and that starts with our peopleOur greatest strength lies not in what we do - but how we do it. It's the unique individual behind every piece of work who matters the most. Our people make Munich Re a global success.Working at Munich Re gives us acce

  • Risk Specialist, Casualty Treaty

    4 weeks ago

    Toronto, Ontario, Canada Munich Re Full time

    Join Our Team at Munich Re of CanadaWe care for humankind - and that starts with our peopleMunich Re of Canada is committed to delivering exceptional service to our clients through our expertise, global resources, and financial strength.Our ability to listen to our clients and respond flexibly is key to our success.We are seeking a talented Casualty Treaty...

  • Risk Specialist, Casualty Treaty

    4 weeks ago

    Toronto, Ontario, Canada Munich Re Full time

    Join Our Team at Munich Re of CanadaWe care for humankind - and that starts with our peopleMunich Re of Canada is committed to delivering exceptional service to our clients through our expertise, global resources, and financial strength.Our ability to listen to our clients and respond flexibly is key to our success.We are seeking a talented Casualty Treaty...

  • Senior Treaty Associate

    2 weeks ago

    Toronto, Ontario, Canada Munich Re Full time

    Position OverviewWe are seeking a highly skilled Treaty Reinsurance Specialist to join our team at Munich Re. In this role, you will be responsible for drafting and interpreting reinsurance treaties, amendments, and related documents, including policy forms, LOIs, and pricing files.Key ResponsibilitiesReview and analyze reinsurance treaties, amendments, and...

  • Senior Treaty Associate

    2 weeks ago

    Toronto, Ontario, Canada Munich Re Full time

    Position OverviewWe are seeking a highly skilled Treaty Reinsurance Specialist to join our team at Munich Re. As a key member of our team, you will be responsible for drafting and interpreting reinsurance treaties, amendments, and related documents.Key ResponsibilitiesReview and analyze reinsurance treaties, amendments, and policy forms to ensure accuracy...

  • Senior Reinsurance Treaty Specialist

    3 weeks ago

    Old Toronto, Ontario, Canada Munich Re Full time

    Position OverviewMunich Re is seeking a highly skilled and experienced Senior Reinsurance Treaty Specialist to join our team. As a key member of our reinsurance operations, you will play a critical role in drafting and interpreting reinsurance treaties, amendments, and related documents.Key ResponsibilitiesReview and analyze reinsurance treaties, amendments,...