Apply on Employer Site

Munich Re · 1 day ago

Senior Underwriting Consultant

Atlanta, GA

Full-time

Hybrid

Senior Level

5+ years exp

Munich Re is the world’s leading reinsurance company, and they are seeking a Senior Underwriting Consultant to serve as the key risk manager for assigned group treaties and prospects. This role involves underwriting and pricing new and renewal treaties, providing expert guidance, and building strong relationships with clients and internal teams.

FinanceInsuranceInsurTechRisk Management

Comp. & Benefits

Responsibilities

Underwrite and price new business quotes, renewals, and facultative and special acceptance requests for Group re/insurance products, ensuring recommendations align with company guidelines and profitability targets. Clearly document and communicate decisions to stakeholders within established timelines

Deliver high-quality, comprehensive, and accurate quotes for approved RFPs, including useful feedback for any decline to quote (DTQ) options, while meeting internal and external service standards

Provide ongoing value-added underwriting service and support to Group Reinsurance clients. This includes responding promptly to inquiries and proposing creative solutions for facultative submissions outside automatic terms

Foster strong relationships with prospects, customers, and brokers through effective communication, issue resolution, and regular engagement, including client visits and participation in industry conferences

Collaborate with actuarial and claims teams to develop profitable terms that will lead to successful renewals of assigned accounts. Obtain needed changes to treaty terms and conditions while strengthening client and broker relationships

Monitor group market and assigned clients, MGUs and TPA’s by tracking premium and claims experience, quote and renewal/lapse activity, and identifying emerging issues and opportunities

Promote Munich Re’s technical expertise. Conduct client underwriting reviews and audits. Respond to client inquiries on product topics and industry practices. Maintain monthly RE Con report and underwriting marketing lists. Interface with MARC EDGE team and IT, and EDGE users at clients. Conduct MARC industry surveys

Participate in special projects, such as financial reinsurance quotes, unraveling issues with terminated treaties, and other items as required

Serve as a Subject Matter Expert (SME) for designated topics, provide guidance to colleagues, and participate in project work related to the SME topic

Qualification

Group Life underwritingReinsurance underwritingRisk evaluationLicensesCertificationsProject managementMedical knowledgeSoftware proficiencyEffective communicationCollaborationNegotiationTime management

Required

Bachelor's degree or higher

At least 5 years of group Life insurance underwriting and/or 3 years reinsurance underwriting experience

Skilled in evaluating treaty and facultative risks, setting appropriate pricing, terms, and conditions aligned with underwriting philosophy

Strong collaborator across business development, actuarial, product, claims, operations, legal, and compliance—particularly within Group Life and LTD

Effective communicator and negotiator who represents the organization with professionalism, clarity, and integrity

Forward‑thinking knowledge of current and emerging trends, technologies, and competitive dynamics in Group insurance, with proficiency in key software tools

Demonstrates independence, strong project and time management skills, and foundational medical and reinsurance knowledge to support underwriting decisions