Role Overview
Munich Re is hiring a mid-level Motor Underwriter (Mumbai). This is a full-time role in Mumbai. posted last week. Full responsibilities, required qualifications, and the apply link are listed in the description below.
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Job description
Your Role:
Incumbent would be required to be involved in pricing and maintenance of casualty treaties with focus on Motor.
Key Responsibilities
Involved in Treaty pricing in the pricing platform
Post renewal treaty maintenance in coordination with the finance team
Preparing PPT for various internal and external presentations
Analysing client information deck, quarterly performance to update the market summary/statistics
Regular Client/broker interaction
Conducting exposure analysis and underlying coverages
Involved in Reinsurance Wordings & Maintaining Guidelines and internal processes
Adhoc activities liaise with claims, fac underwriters, client managers periodically
Your Profile:
Education & Experience
Essential
Graduate degree in Mathematics, Statistics or Economics with strong numerical aptitude
Actuarial aspirant with at least 6 examinations passed
5+ years of pricing experience for retail products in the Indian market
Excellent communication & analytical skills
Basic understanding of reinsurance contracts
Positive to Have: PowerBI, SAS, Macro
Competencies:
Understanding of the Insurance market and retail products (especially motor)
Analysis of run-off triangles and analyse portfolio from historical information
Run dashboards for Casualty CoB from various data sources
About Munich Re Follow Us Your Role:
Incumbent would be required to be involved in pricing and maintenance of casualty treaties with focus on Motor.
Key Responsibilities
Involved in Treaty pricing in the pricing platform
Post renewal treaty maintenance in coordination with the finance team
Preparing PPT for various internal and external presentations
Analysing client information deck, quarterly performance to update the market summary/statistics
Regular Client/broker interaction
Conducting exposure analysis and underlying coverages
Involved in Reinsurance Wordings & Maintaining Guidelines and internal processes
Adhoc activities liaise with claims, fac underwriters, client managers periodically
Your Profile:
Education & Experience
Essential
Graduate degree in Mathematics, Statistics or Economics with strong numerical aptitude
Actuarial aspirant with at least 6 examinations passed
5+ years of pricing experience for retail products in the Indian market
Excellent communication & analytical skills
Basic understanding of reinsurance contracts
Positive to Have: PowerBI, SAS, Macro
Competencies:
Understanding of the Insurance market and retail products (especially motor)
Analysis of run-off triangles and analyse portfolio from historical information
Run dashboards for Casualty CoB from various data sources
About Munich Re Follow Us
About Munich Re
Munich Re
munichre.com
2 other open roles at Munich Re on TryApplyNow.
Frequently Asked Questions
How do I apply for the Motor Underwriter (Mumbai) position at Munich Re?
Use the Apply button above to submit your application directly to Munich Re. Most applications take less than 5 minutes if your resume and contact details are ready, and you'll be routed to the employer's official application system to finish.
Where is the Motor Underwriter (Mumbai) position at Munich Re located?
This position is based in Mumbai. Munich Re has not indicated remote or hybrid options for this role, so candidates should plan for on-site work.
What does a Motor Underwriter (Mumbai) at Munich Re earn?
Munich Re has not disclosed a salary range in this posting. Many employers share specifics later in the interview process; you can also ask during a recruiter screen if compensation transparency is important to you.
When was the Motor Underwriter (Mumbai) role at Munich Re posted?
This role was posted on June 26, 2026 (7 days ago). It's still listed as actively hiring; we re-confirm openings against the source system multiple times per day and remove closed roles.
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