Actuarial Analyst & Underwriter

• You will underwrite Property Treaty business in accordance with MROC's and Group-wide guidelines and philosophy and within the limits authorized by the Head of Department.
• You will evaluate submissions, reviews treaty contracts, assesses and prices business and perform all necessary underwriting functions in order to recommend acceptance or declination and / or offer alternative terms and conditions on treaties offered to MROC.
• You will provide actuarial pricing, cat modelling and other analysis to support the property treaty business.
• You will develop expertise on Company pricing tools, including the development and maintenance of local tools as required.
• You will refer all accounts outside of the deemed level of authority and/or expertise of underwriting for approval to the Head of Department.
• You will perform and assist in the performance of audits of ceding companies.
• You will negotiate and participate in negotiations within the company and with clients, in conjunction with Client Management.
• You will ensure that fast and efficient service is provided to our clients.
• You will be involved in special project assignments as required.

• You will act as Client Team Leader when requested, as well as actively participating in other client teams.
• You will participate in the planning and development strategies for existing clients as well as new prospects.
• You will complete and/or update CM and write reports after each visit when necessary.
• You will participate in client contact and development; maintains contact with the industry in general by attending industry functions on a regular basis. You will also promote MROC products, services and facilities and builds business relationships with cedents and provide information and advice to cedents on matters of his/her competence.
• You will monitor market conditions and the activities of MROC's existing and potential cedents and reinsurance competitors and reports to Management as needed.

• You will be responsible for keeping the Department Head informed of their activities.
• You will stay current with all applicable UW guidelines as well as keep up to date with on line treaty system changes.
• You will also prepare reports as may be required.

• You have a Bachelors' Degree in Actuarial Science, Mathematics or equivalent.
• You have Chartered Insurance Professional (CIP) / Fellow Chartered Insurance Professional (FCIP) designations or the equivalent "on-the-job" education or training.
• You regularly attend seminars or workshops related to underwriting issues, and maintain knowledge through industry publications.
• You ideally have up to 5-10 years of primary insurance underwriting experience as a minimum or equivalent (i.e. facultative reinsurance experience and up to 3-4 years of reinsurance treaty experience).
• Your experience in commercial ratemaking would be an asset.
• You have successfully passed a minimum of 3 actuarial exams.
• You have good communication, organizational, and time management skills with a demonstrated attention to detail and an eye for accuracy.
• You have exceptional analytical, negotiating and investigative competencies as well as a high degree of drive, self-motivation, continuing development and proven ability to work independently.
• You are organized with strong commitment to meeting deadlines and superior attention to detail.
• Strong computer ability and working knowledge of Microsoft Office.
• You have exceptional computer skills including Microsoft Office; strong business and general insurance acumen.
• You have a high degree of flexibility and adaptability to changing environment with an ability to work independently and function well under pressure
• You have demonstrated fluency in English; fluency in French and or German (oral and written) is an asset.

• 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.

Munich Re