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About the Role

We are seeking a Public Entity Underwriter to join our Municipality and Transit team. In this role, you will play a critical part in underwriting complex accounts, building strong client relationships, and driving growth within our Public Entity Risk Solutions (PERS) division.

Responsibilities

• Underwrite in accordance with division guidelines and philosophy.
• Develop and maintain strong, professional relationships with appropriate contacts at existing and prospective client and production sources.
• Respond to and find solutions to client business needs with underwriter(s) and management distinguishing MRSNA’s business and products from competitors.
• Assist management in the development of new or potential business clients.
• Become proficient in the handling of larger, more complex accounts.
• Research and communicate to personnel matters relating to Public Entity Risk Solutions (PERS) issues.
• Exhibit a high degree of market awareness and provide consistent input to management on market activities.
• Possess a clear understanding of our underwriting and pricing guidelines to ensure appropriate risk-reward decision-making.
• Maintain an in-depth knowledge of all tools and models used in the underwriting process.
• Maintain compliance with Corporate and Divisional underwriting guidelines.
• Be a team player in support of all PERS and MRSNA objectives.

Requirements

• Experienced underwriter with deep industry knowledge
• 7+ years of experience in insurance, broker community, underwriting and/ or corporate risk market.
• Relationship selling skills
• Creativity and flexibility
• Effective Time Management and organizational skills
• Superior communication skills, written and verbal
• Excellent computer skills

Skills

• Underwriting
• Client Relationship Management
• Risk Management
• Market Awareness
• Time Management
• Organizational Skills
• Communication Skills
• Computer Skills

Location

• Chicago (IL)
• Philadelphia (PA)
• Atlanta (GA)
• Hartford (CT)
• New York (NY)
• Princeton (NJ)

Work Type

• Full-time

Experience Level

• 7+ years

Salary/Compensations

• $138,400 - $230,700

Benefits

• Company bonus
• Health insurance coverage
• Employee wellness program
• Life and disability insurance
• 401k match
• Retirement savings plan
• Paid holidays
• Paid time off (PTO)
• Two options for health insurance plan (PPO or High Deductible)
• Prescription drug coverage
• Vision and dental insurance plans
• Basic life insurance equal to 1x annual salary
• AD&D coverage equal to 1x annual salary
• Short and Long Term Disability coverage
• Supplemental Life and AD&D plans
• Voluntary Benefit plans (Accident, Critical Illness and Hospital Indemnity)
• Robust 401k plan with up to a 5% employer match
• Retirement savings plan that is 100% company funded
• 24 days of paid time off annually
• Paid time off for eligible family care needs
• Tuition assistance and educational achievement bonuses
• Corporate matching gifts program
• Paid time off to volunteer in your community

About the Company

• Munich Re Specialty - North America is a leading specialty insurance provider dedicated to delivering exceptional underwriting, claims, and risk management expertise.
• We offer a broad range of comprehensive and customized solutions, including casualty, professional lines, property, surety, and public entity coverages.
• We have the financial strength and global resources of an A+ Superior (A.M. Best) rated organization.
• Our team is committed to superior service levels, a distinctive approach to specialty solutions, and a deep understanding of the complex risks our clients face.
• We are shaping the future of specialty insurance in North America.

Equal Opportunity

• We are an equal opportunity employer.
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.