MRSGM NA Underwriting Assistant, Terrorism

Company: Munich RE
Location: Schaumburg
Posted on: May 30, 2025

Job Description:

MRSGM NA Underwriting Assistant, Terrorism






Company



Munich Re Specialty - Global Markets





Location



Schaumburg
, United States




Munich Re Specialty Global Markets, North America (MRSGM N.A.) is looking for enthusiastic individuals to join us as we grow. As part of Munich Re Group, we are a unique organization providing expertise in specialty and marine lines of insurance as well as surety risks and customs bonds with in-house claims solutions. We are seeking a full time Specialty Underwriting Assistant to join the Shared Services division to be a hybrid employee in our Schaumburg, IL office. We are also open to hiring in our other US offices (New York, NY, Charleston, SC, Houston, TX or Long Beach, CA). Job ProfileSupport the SIS Specialty Underwriting team as assigned.Maintain a full understanding of business process and service standards.Adapt to evolving processes, procedures and systems to adhere to highest and most current servicing standards. Monitor workload and provide feedback to Business Service Manager if backlogs or bottlenecks develop. Assist with training new employees on company standards and procedures to ensure the highest level of service. Follow all company procedures and guidelines and complete all required courses related to the same as designated by the Company.Identify process/workflow gaps, needs, obstacles and pitfalls and communicate them to supervising manger. Support positive and productive team morale. Engage in industry events as requested and remain current on both internal and external trends and needs. Maintain strong positive working relationships with key members of other departments and foster mutually beneficial communication and collaboration across functions. Performing underwriting support activities associated with information gathering of new business, renewals, and mid-term changes, as well as electronic file preparation on behalf of the Underwriter. Accurately clear new business submissions in a timely manner with the highest level of attention to detail.Accurately issue quotes, binders, policy wordings and endorsements for underwriting review and approval.Understand and follow the policies, procedures, and business processes as defined in departmental service standards or as provided by your supervisor. Troubleshoot billing and accounting issues or discrepancies.Communicate with brokers through email/phone in order to resolve payment discrepancies or request further coverage information.Participate in special projects as needed. Job RequirementsQualifications Proficient in Microsoft Excel and Microsoft Word Required Skills Ability to comprehend and support both manual and automated processesExcellent verbal and written communicationExperience handling multiple high priority items simultaneouslyAdherence to quality standards and operating proceduresEmploys time/task management tools and techniques to support a large volume of workHigh attention to detailStrong organizational skills Preferred SkillsExperience documenting and implementing business processes and standardsExperience with Commercial Property and/or Cyber InsuranceKnowledge of surplus lines insurance and regulationsPrior experience with financial products and servicesFoundational knowledge of reinsurance MRSGM N.A. is open to considering candidates in numerous locations, including Schaumburg, IL. The salary range posted below applies to the Company's Schaumburg, IL location. The base salary range anticipated for this position is $45,000 to $60,000. In addition, the Company makes available a variety of benefits to employees, including health insurance coverage, life and disability insurance, 401k match, paid holidays, sick time, and paid vacation. The salary estimate displayed represents the typical salary range for candidates hired in this position in Schaumburg, 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. About UsMRSGM N.A. is the holding company for Roanoke Insurance Group (RIG) and Munich Re Specialty Group Insurance Services (SIS) located throughout 7 locations in the United States and Canada with over 250 employees. SIS provides insurance to retail and wholesale insurance brokers in North America. Specialty lines include ocean and inland marine, cyber, tech E&O, terrorism, active assailant & political violence. RIG operates as a specialty insurance broker focused on surety, insurance and related offerings for logistics service providers, customs brokers and companies with supply chains. BenefitsWe offer our employees a diverse work environment which champions professional development, innovation and passion; providing employees with a great benefits package. All of our benefits are effective the first day of employment including:Generous healthcare plansVoluntary dental & vision plans401(k) planFlexible spending plansHealth Savings Accounts (HSA)Paid time offPaid holidaysTuition reimbursementShort/long term disabilityPaid Parental LeaveEmployee Assistance Program (EAP)Employee Wellbeing ProgramCommunity involvementLife insurance At MRSGM N.A., individuality is a key driver for our success and progress. We believe that leveraging a variety of perspectives and backgrounds, and empowering all employees to make an impact, will motivate us to perform at our best and give us a competitive edge. We know there is always more work to be done, but we're committed to building an inclusive culture where everyone is welcomed and valued for their authentic selves. We offer equal opportunity employment regardless of age, sex, race, color, creed, national origin, religion, veteran status, sexual orientation, atypical hereditary traits, marital status, disability, gender identity or expression, or any other characteristic protected by law. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Applicants requiring employer sponsorship of a visa will not be considered for this position.California applicants, please review our CA Privacy Statement at:



























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