Role Description Our Facultative Life Underwriting team plays a critical role in helping our clients navigate complex medical, non-medical, and financial risks with confidence. We are looking for an experienced, decisive, and client-focused underwriting professional who thrives in a collaborative, fast-paced reinsurance environment. This role is ideal for an underwriter who combines deep technical expertise with strong judgment, the ability to influence client outcomes, and a passion for delivering high-quality decisions. You will be a trusted partner to our clients and an ambassador for Munich Re in the market. Reporting into the 2nd VP, Underwriting Services you will: - Independently underwrite facultative life reinsurance cases, applying sound judgment to complex medical, non-medical, and financial risks. - Provide timely, high-quality underwriting decisions supported by clear rationale and consistent documentation. - Collaborate with clients and internal partners to resolve inquiries and support competitive outcomes. - Represent Munich Re professionally through client interactions and industry engagement. Your Role: - Using independent judgment with the manual as a guide only, medically, non-medically and financially evaluate facultative reinsurance applications for life insurance with competitive and quality decisions. - Recognize pertinent risk factors and understand insurable risk and financial justification to make strong decisions; ensure appropriate documentation to support these decisions. - Keep up with mortality trends and industry underwriting practices of both clients and competitors. Maintain current understanding of client’s personnel and their business practices. - Provide value-added services to clients including providing prompt responses to telephone inquiries, emailed questions. - Provide prompt handling of facultative new business and additional requirements. - Provide reasons for underwriting decision and explanation to client underwriter. Have the ability to defend and sell your decision so the client underwriter is confident when presenting the decision to the financial representative. - Represent and promote Munich Re with phone contact, at industry meetings, business travel to client’s offices, and participating on external reviews/audits. - Co-sign cases for team members. Qualifications - Bachelor’s Degree - 8+ years of life underwriting experience including direct life insurer preferably in the brokerage distribution market - Reinsurance underwriting experience preferred - Industry related designation (ALMI, FLMI, AALU, FALU, CLU) preferred - Strong knowledge of medical terminology, anatomy and physiology - Impaired/substandard risk experience - Ability to read electrocardiograms preferred - Strong medical, non-medical and financial risk assessment abilities - Aptitude for approving greater mortality risk assumptions and co-sign work of others - Ability to understand insurance contracts as well as legal process and various products offered in the US life market - Demonstrated client or agent face-to-face skills - Presentations or published article experience - Established demonstration of drive and initiative to improve processes and/or client perceptions - Participation on team projects required 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). - A robust 401k plan with up to a 6% employer match. - 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, including a gym fitness reimbursement. - 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.