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About the Role
The Underwriting Associate is an early-experience underwriting role designed to support the development of underwriting professionals through practical experience and formal learning. Associates are embedded directly within an underwriting team from day one and learn the craft through hands-on involvement in underwriting work.
Responsibilities
- Learn and apply underwriting fundamentals, including risk assessment, pricing, coverage terms and conditions, and policy forms, through hands-on work alongside experienced underwriters
- Support quoting and binding activities under supervision, including preparing underwriting analysis, summaries, and file documentation
- Partner with brokers and internal colleagues to support underwriting workflows, communicate clearly and professionally, and assist with follow-ups and information gathering
- Maintain underwriting file quality and data hygiene, including tracking exposures, documenting decisions, and following through on assigned actions
- Practice disciplined, supported decision-making aligned with underwriting guidelines, risk appetite, and portfolio strategy, with guidance from underwriting leadership
- Use Excel and core underwriting systems to analyze accounts, support portfolio views, and build foundational analytical skills
Requirements
- Bachelor’s degree in Risk Management, Insurance, Actuarial Science, Mathematics, Statistics, Economics, Finance, Accounting, Business Administration, Business Analytics, or a related field
- At least one prior internship with a meaningful degree of responsibility or equivalent work experience
- Strong analytical and critical-thinking skills with attention to detail
- Functional knowledge of Microsoft Office (Excel, Word, PowerPoint)
- Strong written, verbal, and interpersonal communication skills
- Ability to work effectively in a team-oriented, fast-paced environment
- Highly organized, adaptable, self-directed, and resourceful
- Exposure to insurance, underwriting, financial analysis, or commercial casualty
- Demonstrated ability to manage priorities, follow through on assignments, and learn complex concepts
- Service-oriented mindset with a collaborative approach
Skills
- Risk assessment
- Pricing
- Coverage evaluation
- Underwriting
- Microsoft Office (Excel, Word, PowerPoint)
- Analytical skills
- Critical-thinking
- Communication skills
- Teamwork
- Organization
- Adaptability
- Self-direction
- Resourcefulness
- Financial analysis
- Commercial casualty
Location
- Atlanta
- Chicago
- New York
- Philadelphia
- Princeton
- Charlotte
- San Francisco
- Hartford
Work Type
- Full-time
Experience Level
- Early-experience
- Entry-level
Education Level
- Bachelor's degree
Salary/Compensations
- $70,000-$75,000
Benefits
- Company bonus
- Health insurance coverage
- Employee wellness program
- Life and disability insurance
- 401k match
- Retirement savings plan
- Paid holidays
- Paid time off (PTO)
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 our A+ Superior (A.M. Best) rated organization, providing unmatched stability and reliability.
- 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.