04 Sep
|
Munich RE
|
Toronto
Position OverviewThe Group Reinsurance Solutions Team is responsible for developing creative, custom‑tailored reinsurance solutions for Group benefits in the Canadian and Caribbean market and collaborating with our clients to help manage profitably and grow their business.Your RoleClient SupportResponds to client’s requests that are entrusted to him/her with respect to quotes and renewals of group insurance contracts.Takes an active role in ensuring retention of all treaties as part of clients quotes and renewals activities. Approves or recommends changes or alternatives to client’s suggestions when needed.Conducts underwriting reviews, provides recommendations and comments, prepares audit reports to client’s intent.Addresses needs of clients in a timely, proactive and professional manner, advising senior management of any business issues impacting Munich Re and/or the client, makes recommendations and takes action to resolve concerns.Draft treaties and amendments.Reviews, proposes and approves changes to Group Underwriting guidelines and practices of our clients.Support of Business LinesPrepare quote proposals, provide required analysis and develop recommendations and solutions that maximize growth and profitability.Provide Group underwriting expertise in the development and amendment of reinsurance treaties.Work on the maintenance of Group pricing basis and services offer for all markets.Provide knowledge and support to other team members including actuarial, medical underwriting, claims and senior management,
assisting them in managing the client relationships.Prepare reports of the operations and activities of the team and business.Research and DevelopmentAcquire and maintain advanced knowledge of product and market trends, current industry issues, relevant legislation changes, and underwriting best practices.Develop and maintain Group underwriting tools and methodologies, manuals and guidelines, market databases and comparative reports.Support with the research, development, and implementation of new products, benefits, features and distribution strategies.Maintains a high profile within the underwriting community and develop network of contacts to gain market intelligence, promote the expertise of the company and influence practices and procedures within the industry.Your ProfileUniversity Degree in Actuarial Science, Statistics, Mathematics or Finance.7+ years in-depth knowledge and experience in the Canadian and/or Group Life and Health (re)insurance industry.Fluency in English required; French is an asset.Strong analytical, problem‑solving, and business acumen with a proactive, goal‑oriented approach.Excellent communication and presentation skills, both written and verbal, with the ability to build and maintain effective relationships.Highly organized with superior attention to detail; able to manage multipleprojects and priorities in a fast‑paced,
performance‑driven environment.Decisive and confident in making tough decisions while fostering collaboration and challenging appropriately.Demonstrated ability to work under tight deadlines and deliver accurate, high‑quality results.About Munich ReTogether, we engage with everything we have and are, to help humankind act braver and better.As the world’s leading reinsurance company with more than 40,000 employees in over 50 locations around the globe, Munich Re introduces a paradigm shift in the way you think about insurance. By turning uncertainty into manageable risk, we enable fundamental change. We recognize Diversity, Inclusion, and Belonging as a key priority with a culture that welcomes different thoughts and opinions. We dare to think big and are continuously innovating on behalf of our clients.Our data, our technology, and our teams place us in a unique position to drive transformative change in the life insurance industry. We invest strategically in our world‑class talent, offering our employees a work experience that promotes career development, innovation, and rewards high performance.What Can We Offer You?An engaging and collaborative environment that promotes continuous learning and developmentA hybrid work environment that combines weekly in‑office and remote days with Meeting‑Free lunch hours and Focus Friday afternoonsA great compensation package including annual company bonusMarket‑leading company‑paid flexible health and dental advantages, starting on your first dayFlexible dollars provided by the company to put towards Health Spending
📌 Senior Group Underwriter, Group Reinsurance (Toronto)
🏢 Munich RE
📍 Toronto