Underwriter - Property Facultative (Male or Female) at Munich Mauritiu Reinsurance Company (MMRC)

Munich Mauritius Reinsurance Company (MMRC) is a wholly owned subsidiary of Munich Reinsurance Company of Africa (MRoA), part of the leading international reinsurance group Munich Re. We Invest in people, offer excellent personal development and career opportunities, and propose an attractive modern work environment

Munich Re is one of the world's leading reinsurance companies with more than 11,000 employees at over 50 locations around the globe. We are working on topics today that will concern the whole of society tomorrow, whether that be climate change, major construction projects, gene technology or space travel. We find solutions to these challenges through a network of highly qualified professionals who anticipate risks, work on tailor-made solutions and expertly advise our clients. If you want to help shape the future as part of one of our teams, we look forward to hearing from you.

We are recruiting to fill the position of:

Job Title: Underwriter - Property Facultative (Male or Female)

Location: Mauritius
Job Type: Permanent

Responsibilities

• To maintain the highest standard of technical competence in the field of Facultative Underwriting and Pricing with a view to presenting terms to the market via Client Managers (CM) or directly after also keeping CM informed - that will generate the necessary financial returns on business written
• Monitor the performance of the Property Fire Portfolio and put forward recommendations to the Underwriting Manager in the Interests of rehabilitation should it be necessary;
• To maintain a centre of technical competence in respect of all aspects of individual risk and assessment and underwriting (direct business): retail property market wordings and coverage;
• To find creative, tailor-made facultative reinsurance solution for our customers needs/requirements;
• To be responsible for input and support for technical seminars (reinsurance courses, workshops, etc) as well as equipped to be the speaker at internal and external forums;
• To coordinate submission of referrals to the underwriting manager
• To manage the facultative underwriting processes, systems and credit control checks will also be required to be performed. Quarterly estimate process also form part of the task.
• Travel to markets in sub-Sahara may be requested by the manager.

Requirements

• A Bachelor's Degree in Business or Engineering, ACII/AIISA.
• Minimum of 5 years reinsurance experience embarking
• Property technical pricing/underwriting, product knowledge and policy wording expertise - Personal, Commercial/Corporate and Assets All Risk/Industrial All Risks policies.
• English, French and Portuguese - markets so English and the other one or two would be good.

Application Closing Date
13th February, 2015.

How to Apply
Interested and qualified candidates should send their applications and CV's to: Eric Pako (Recruiter) at: [email protected]