Job ID: 45069185152Posted: 2026-10-06Location: Chicago, Illinois, United StatesSalary: $106,700 - $165,200Category: Claims & UnderwritingCompany: Munich ReE&S Casualty Underwriter, AVPWe are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients.The CompanyWelcome to Munich Re Specialty - North America, a leading specialty insurance provider dedicated to delivering exceptional underwriting, claims, and risk management expertise to our partners and customers. As a trusted industry expert, we offer a broad range of comprehensive and customized solutions, including casualty, professional lines, property, surety, and public entity coverages. With the financial strength and global resources of our A+ Superior (A.M. Best) rated organization, we provide 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. Join our team and be part of a dynamic and experienced organization that is shaping the future of specialty insurance in North America.The OpportunityFuture focused and always one step ahead!As a member of our E&S Casualty team, you'll be responsible for the production, underwriting and retention of profitable E&S casualty business through the cultivation and maintenance of broker relationships.In this position you will:Underwrite, market, quote, bind and retain a profitable book of excess and surplus lines business that meets profitability and growth targets. Operate within granted authority and guidelines and make referrals to underwriting leadership as appropriate.Development and execution of production strategies and business plans to implement and maximize growth objectives and rate goals. Coordination with other Munich Re business units is expected and encouraged to offer the best holistic solutions to our clients.Measure and optimize portfolio progress by reviewing and analyzing underwriting data and monitoring industry best practices to identify opportunities for continuous improvement Cultivate and maintain professional wholesale broker relationships. Represent the Munich Re brand and Munich Re Specialty Insurance at client events, seminars, meetings, etcAssistance in day-to-day operations and projects as assigned which could have client, business group, divisional and corporate impact.Qualifications:5+ years of experience in insurance and/or reinsurance focusing on E&S casualty lines of businessExcellent underwriting, marketing and analytical skillsAdvanced insurance certifications (e.g. CPCU) preferredAdvanced working knowledge of Commercial P&C / E&S products and insurance concepts, UW processes and procedures, laws and regulations, terminology, and other relevant industry trendsProficiency in the use of pricing models, tools and other risk evaluation modelsSuccessful track record of developing and maintaining strong relationships with wholesale brokersTech savviness and a willingness to experiment with and learn new technologiesAbility to think strategically and function tacticallyExceptional communication skills that energize and engage brokers, clients and colleagues and the ability to convey a vision and client-focused solutionsAbility to present and negotiate complex agreements with brokersEffective time management and organizational skillsWillingness to travel 20%-30%The Company is open to considering candidates in Chicago, IL. The salary range posted below applies to the Company’s Chicago location.The base salary range anticipated for this position is $106,700 - $165,200 plus opportunity for company bonus based upon a percentage of eligible pay. In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO). The salary estimate displayed represents the typical salary range for candidates hired in this position in Chicago, IL. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role. Most candidates will start in the bottom half of the range.We are proud to offer our employees, their domestic partners, and their children, a wide range of insurance benefits:Two options for your health insurance plan (PPO or High Deductible).Prescription drug coverage (included in your health insurance plan).Vision and dental insurance plans.Additional insurance coverages provided at no cost to you, such as basic life insurance equal to 1x annual salary and AD&D coverage that is equal to 1x annual salary.Short and Long Term Disability coverage.Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes Spouse/domestic partner and children).Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity).In addition to the above insurance offerings, our employees also enjoy:A robust 401k plan with up to a 5% employer matchA retirement savings plan that is 100% company funded.Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries.Eligibility to receive a yearly bonus as a Munich Re employee.A variety of health and wellness programs provided at no cost.Paid time off for eligible family care needs.Tuition assistance and educational achievement bonuses.A corporate matching gifts program that further enhances your charitable donation.Paid time off to volunteer in your community.At Munich Re, we see Diversity, Equity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services. We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
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