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Public Entity Underwriter

Job in Princeton, Mercer County, New Jersey, 08543, USA
Listing for: Munich Re Specialty - North America
Full Time position
Listed on 2025-11-25
Job specializations:
  • Finance & Banking
    Underwriter
  • Insurance
    Underwriter, Insurance Analyst
Salary/Wage Range or Industry Benchmark: 135600 - 207900 USD Yearly USD 135600.00 207900.00 YEAR
Job Description & How to Apply Below

Public Entity Underwriter – Munich Re Specialty - North America

We are seeking a Public Entity Underwriter to join our Municipality and Transit team. In this role, you will play a critical part in underwriting complex accounts, building strong client relationships, and driving growth within our Public Entity Risk Solutions (PERS) division.

Company

Welcome 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.

Responsibilities
  • Underwrite in accordance with division guidelines and philosophy.
  • Develop and maintain strong, professional relationships with appropriate contacts at existing and prospective client and production sources.
  • Respond to and find solutions to client business needs with underwriter(s) and management distinguishing MRSNA’s business and products from competitors.
  • Assist management in the development of new or potential business clients.
  • Become proficient in the handling of larger, more complex accounts.
  • Research and communicate to personnel matters relating to Public Entity Risk Solutions (PERS) issues.
  • Exhibit a high degree of market awareness and provide consistent input to management on market activities.
  • Possess a clear understanding of our underwriting and pricing guidelines to ensure appropriate risk‑reward decision‑making.
  • Maintain an in-depth knowledge of all tools and models used in the underwriting process.
  • Maintain compliance with Corporate and Divisional underwriting guidelines.
  • Be a team player in support of all PERS and MRSNA objectives.
Qualifications
  • Experienced underwriter with deep industry knowledge.
  • 10+ years of experience in insurance, broker community, underwriting, and/or corporate risk market.
  • Relationship selling skills.
  • Creativity and flexibility.
  • Effective time management and organizational skills.
  • Superior communication skills, written and verbal.
  • Excellent computer skills.
Location and Salary

The Company is open to considering candidates in numerous locations, including Chicago (IL), Philadelphia (PA), Atlanta (GA), Hartford (CT), and Princeton (NJ). The salary range posted below reflects market variations across various locations and will be adjusted per geography.

$135,600 – $207,900 per year, plus opportunity for company bonus based upon a percentage of eligible pay.

Benefits
  • Health insurance coverage – two options (PPO or High Deductible), prescription drug coverage, vision and dental insurance.
  • Additional at‑no‐cost coverages: basic life insurance equal to 1× annual salary, AD&D coverage equal to 1× annual salary, short and long‑term disability coverage.
  • Supplemental life and AD&D plans for self and dependents, voluntary benefit plans (accident, critical illness, hospital indemnity).
  • Robust 401(k) plan with up to a 5% employer match and 100% company‑funded retirement savings plan.
  • Paid time off: 24 days per year (increasing with service milestones), family care leave, volunteer leave.
  • Paid time off for bonuses, tuition assistance, educational achievement bonuses, and a corporate matching gifts program.
  • Various health and wellness programs provided at no cost.
  • Eligible for a yearly bonus as a Munich Re employee.
Equal Employment Opportunity

At Munich Re, we see diversity, equity, and inclusion as a solution to the challenges and opportunities around us. We are an equal‑opportunity employer and provide reasonable accommodations for individuals with disabilities to perform essential functions.

Seniority Level

Mid‑Senior Level

Employment Type

Full‑time

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