Apply on Employer Site

Munich Re · 2 hours ago

Underwriting Analyst #11375

Princeton, NJ

Full-time

Hybrid

Mid Level

$72K/yr - $105K/yr

4+ years exp

Munich Re is a leading insurance and reinsurance company known for its financial strength and innovative solutions. The Underwriting Analyst will support underwriters by handling submission requests, processing new business and renewals, and conducting research on property locations, while ensuring accurate financial entries and collaborating with various stakeholders.

FinanceInsuranceInsurTechRisk Management

Comp. & Benefits

H1B Sponsor Likely

Hiring Manager

JoanAnn Rafferty

Responsibilities

Organize submission information:

Review and organize the submission or specification for new and renewal business and endorsements within the time standard and business hours set out by the department

Provide internal processing and research support on complex submissions. Provide Underwriters with required reports and analysis

Review the limits, deductibles and input terms and conditions into global and local systems

Clear submissions for single risk and facultative certificate in the appropriate Munich global system

Request information and follow up for any missing information using emails

Prepare submissions for entry into the underwriting systems for rating purposes

Set up folders electronically for submissions, new and renewal business, and endorsements. Clear any incoming mail/emails in the underwriting system, match up with appropriate file (s)

Perform quality control of system entries to ensure accurate financials and mitigate any resulting financial impacts; maximize the integrity, quality and usability of information which will minimize discrepancies encountered by local and global data consumers

Collaborate with Underwriters, internal departments and clients to ensure all assumptions are properly included

Run basic rating and pricing models

Independently handle:

Preparation of quotes and binders

Policy Review, Policy Processing for both insurance single risk policies, endorsements and reinsurance certificates

Research loss information

Clear accounting discrepancies and assist claims with any information they may require

Recommend process improvements tool and enhancements, testing of systems and process changes

Participate on global or local projects as assigned

Qualification

Underwriting analysisPricing modelsInsurance policiesMicrosoft ExcelCustomer serviceResults drivenDetail oriented

Required

Bachelor's degree or college level insurance coursework

Company experience 4+ years with emphasis on analytic functions in underwriting, accounting, or statistical disciplines

2+ years' experience as an underwriting analyst

Working knowledge of pricing models, insurance policies and reinsurance contracts for property engineering lines of business

Basic knowledge of primary and/or reinsurance underwriting process and coverage

Excellent customer service skills with successful ability to take ownership of and resolve issues

Intermediate to expert level computer skills – Microsoft Excel, Word, PowerPoint, SharePoint, and Outlook

Detail oriented and results driven

Ability to Travel between Princeton and New York

Preferred

Experience with manuscript policy form

Benefits

Health insurance coverage

An employee wellness program

Life and disability insurance

401k match

Retirement savings plan

Paid holidays

Paid time off (PTO)

Company

Munich Re

Glassdoor4.2

Munich Re is an insurance company that provides reinsurance, insurance, and risk solutions.

Founded in 1980

Munich, Bayern, DEU

10001+ employees

https://www.munichre.com

H1B Sponsorship

Munich Re has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (4)

2024 (7)

2023 (3)